The website www.fpmarkets.com is operated by First Prudential Markets PTY Ltd an entity that is not established in the EU or regulated by an EU National Competent Authority. The entity falls outside the EU regulatory framework i.e. MiFID II and there is no provision for an Investor Compensation Scheme. Read T & Cs
Please confirm, that the decision was made independently at your own exclusive initiative and that no solicitation or recommendation has been made by FP Markets or any other entity within the group.
USD/CAD Trading FAQs
When Is the Best Time to Trade USD/CAD?
When Is the Best Time to Trade USD/CAD?
While forex pairs can theoretically be traded 24 hours a day, there are optimum times to trade the USD/CAD whenever the currency pair is more volatile. From 08:00 a.m. GMT to 17:00 p.m. GMT., the USD/CAD is usually busy (GMT).
What affects USD/CAD investing?
What affects USD/CAD investing?
Many factors can affect the USD/CAD market sentiment and spot rates, such as central banks policies, the price of commodities in each country, exports of both countries, economic growth, and political stability.
Why Is the USD/CAD Currency Pair Significant to Traders?
Why Is the USD/CAD Currency
Pair Significant to Traders?
The USD/CAD currency pair is one of the most traded pairs in the foreign exchange market. It represents a significant quota of daily trade and is popular amongst newcomers and veteran traders alike.
Where Can I Find a Trusted Forex Broker to Trade USD/CAD?
Where Can I Find a Trusted
Forex Broker to Trade USD/CAD?
As you may already know, trading via CFDs (contracts for difference) is one of the most popular approaches when dealing with currencies such as USD and CAD. While there are numerous Forex brokers out there. Try to find one that suits your needs. Such as FP Markets, a fully regulated broker that offers all types of platforms and accounts, to suit every need.