Trading Specifications
Symbol
USDCAD
Contract Size
100,000
Min Lot Size
0.01
Max Lot Size
50.00
Lot Step
0.01
Digits
5
Margin
Set by account leverage
Swap Long
2.5 pts
Swap Short
-13.4 pts
Triple swap day
Wednesday ×3
USD/CAD is one of the most traded currency pairs in the world, representing the exchange rate between the US Dollar and the Canadian Dollar. With daily trading volumes exceeding $100 billion, this major pair is highly liquid and a cornerstone of forex markets. The pair reflects the economic relationship between the United States and Canada, two of the world's largest trading partners.
USD/CAD price movements are driven by several key factors including interest rate differentials between the US Federal Reserve and the Bank of Canada, commodity prices (particularly crude oil, a major Canadian export), geopolitical events, and macroeconomic data releases from both countries. Risk sentiment also plays a role, as the Canadian Dollar is often considered a risk-on currency. Changes in oil prices have a particularly strong correlation with USD/CAD movements.
At GCC Brokers, USD/CAD is available for STP execution with no manual intervention, with transparent pricing. Trade this major pair across our Zero and Standard account types; spreads vary by account type and market conditions, and the live spread is shown on this page.
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Trade USD/CAD with STP execution, transparent pricing and fully automated order handling at GCC Brokers.