Currency Convertor

Risk Warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Currency Convertor +
Afterprime / Live Spreads / Forex / Trade CADJPY CFD

CADJPY Canadian Dollar vs Japanese Yen

CFD Forex

Forex

Minor Forex-Minor OTC
Sell CAD
Buy CAD

Why Trade CADJPY?

  • Spreads from 0.0pips
  • Fast Execution < 1ms
  • Full Trade Receipts
  • $0 Fee Deposits
  • TradingView
  • TraderEvolution

What is Canadian Dollar vs Japanese Yen / CADJPY?

CADJPY is the ticker symbol for Canadian Dollar vs Japanese Yen. CADJPY is a Forex CFD. The CAD/JPY currency pairing is a representation of the amount of Japanese Yen (JPY) that can be bought for every Canadian dollar (CAD).

The standard contract size for CADJPY is 100000 with max lots of 1000 tradeable in 0.01 lot increments.

CADJPY Product Specification

Contract Size
100000
Margin Currency
CAD
Profile Currency
JPY
Pip Value
1000
Asset Class
Sector
Minor
Sub-Sector
Forex-Minor
Expiry
Perpetual
Max Lots
1000
Minimum Size
0.01
Step
0.01
3-Day Swap
Wednesday
Product Specs

CADJPY Sessions

Exchange
OTC
Market Hours
24 Hrs
Expiry
Perpetual
Monday
00:01-23:59
Tuesday
00:01-23:59
Wednesday
00:01-23:59
Thursday
00:01-23:59
Friday
00:01-23:57
Saturday
Closed
Sunday
Closed
Time Zone
GMT +2 / GMT +3

CADJPY Platform Access

Price Feed
Desktop
Web
Mobile
FIX API
Scalping / News
Automated Trading
Day Trading

Popular CADJPY FAQs

What is the minimum trade size for CADJPY?

The minimum trade size for CADJPY is 0.01

What is the maximum trade size I can open on CADJPY?

1000 lots

How do you analyze CADJPY?

You analyze the CADJPY forex pair the same as any other market, by a combination of technical analysis, trend analysis, and any pertinent fundamental analysis or information that is available. You should think of the CAD as the "anti-JPY", as if the JPY is soft, it generally means that there is a strengthening CAD, and vice versa.

Is CFD trading risky?

CFD trading is extremely risky. Trading any leveraged product carries significant risk as you have the ability to open positions that are far larger than your account balance.

What leverage do we offer on Forex?

The maximum leverage that the Company offers to retail clients for major currency pairs is 1:30 and for non-major currency pairs is 1:20.

What is the value of one Forex point?

One Forex point is normally = to 1000 unit of base currency. For instance, one Forex point of CADJPY is = to 1000 CAD.

CADJPY Trading Strategies

The CADJPY cross is one of the more popular currency pairs among traders. It offers a good mix of volatility and liquidity, which makes it ideal for day trading. We'll take a look at three simple CADJPY trading strategies that you can use to get started.

Scalping

Scalping is a trading strategy that involves making multiple small profits during the day. For this CADJPY strategy, we'll be targeting 10-pip gains on each trade. To do this, we'll be using a 5-minute chart and will be looking for candlestick patterns that indicate a potential reversal. We'll be entering our trades on a limit order basis and will be using a stop loss of 20 pips.

Breakouts

Breakouts occur when the price breaks out of a consolidation area. For this CADJPY strategy, we'll be targeting 25-pip gains on each trade. To do this, we'll be using a 15-minute chart and will be looking for breakout opportunities above key resistance levels. We'll be entering our trades on a market order basis and will be using a stop loss of 50 pips.

Swing Trades

Swing trading is a longer-term strategy that involves holding trades for multiple days or even weeks. For this CADJPY strategy, we'll be targeting 100-pip gains on each trade. To do this, we'll be using a daily chart and will be looking for swing trade opportunities using Fibonacci retracement levels. We'll be entering our trades on a limit order basis and will be using a stop loss of 200 pips.

These are just three simple CADJPY trading strategies that you can use to get started. Remember to backtest your strategies before putting real money on the line. And always use risk management tools such as stop losses to protect your capital.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

CADJPY Trading Strategies.

The Afterprime liquidity mix for the forex market has been specially designed to cater for all forex trading styles. Enjoy trading on CADJPY with fast speeds and low costs.

Scalpers

Low Costs

News Traders

STP Execution

HFTs

Execution From < 1ms

Expert Advisers

No restrictions

Swing traders

Low financing

Large Traders

Deep sweepable liquidity

Need Help?

24/5 Chat support

Get 24/5 chat support with our friendly customer service agents at your service.

FAQs

Browse our FAQs for detailed instructions on specific trading features.

+

This website is operated by Afterprime Europe Limited (ex H.C.F.S High Capital Financial Services Limited), a Cyprus Investment Firm ("CIF") that is registered under the laws of the Republic of Cyprus with registration number HE360438, authorized and regulated by the Cyprus Securities and Exchange Commission, ("CySEC") under a CIF License number 368/18.

Afterprime is a tradename of Afterprime Europe Limited.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investors' 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. Please refer to our full Risk Disclosure Notice.

This website does not contain, and should not be construed as containing investment advice or an investment recommendation or, an offer or solicitation for any transactions in financial instruments.

This information is not directed or intended for distribution to or use by residents of countries/ jurisdictions outside the European Economic Area (EEA), including but not limited to Belgium and USA, since the Company does not offer its services to any third countries where trading CFDs is prohibited.