Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

GBPCAD - British Pound / Canadian Dollar

Current value in real time on the crypto market for investing

Swap Short: -0.2213 PointsSwap Long: -5.754 Points
Low: 1.60797Spread MT5 floatingHigh: 1.62618
Global Stock Exchanges Session Times
Sydney
12:39 am (Local)
Opens in 9h 11m
Tokyo
10:39 pm (Local)
Opens in 10h 21m
London
1:39 pm (Local)
Closes in 2h 51m
New York
8:39 am (Local)
Opens in 0h 51m

GBPCAD Trading Chart

D1
W1
M1
No chart data
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
cTrader
cTrader
MT4
MT5
Execution
Market Execution
Market Execution
cTraderSpreads + 0.35$ per 10K traded
Minimum: 1.50Average: 2.43
Market Hours*Open Now
Market Hours*Open Now
Limit and Stop Level0 points
Used Margin (1:100 leverage rate) in US Dollar1000 CAD X USDCAD Rate
Minimum contract size1000 GBP (0.01 lots)
Minimum step for increasing contract size1000 GBP
Margin requirements to open a lock position *0

* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

The GBP/CAD currency combination is heavily impacted by the correlation of two important global economies: the United Kingdom and Canada. The pair is nevertheless an ideal tool for diversification for those who are familiar with the GBP/USD pair, yet keen to move beyond the four majors.

The Canadian dollar is the so-called commodity currency since the Canadian economy has an export orientation. The country's economy depends on the export of oil, timber, coal, ferrous and non-ferrous metals. If prices for this product fall, then the value of the dollar decreases, and consequently, the GBP/CAD rate rises. Accordingly, on the contrary: prices are rising, the quote is falling. The most important economic and political news influence in this way: if this data is good for Britain, then the pair quotes grow; if this data improvement occurs in Canada, then the GBP/CAD quotes fall.

If you are interested in trading the GBP/CAD, contact FxPro today to open trading account in several minutes.