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 GBPCAD CFD

GBPCAD British Pound vs Canadian Dollar

CFD Forex

Forex

Minor Forex-Minor OTC
Sell GBP
Buy GBP

Why Trade GBPCAD?

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

What is British Pound vs Canadian Dollar / GBPCAD?

GBPCAD is the ticker symbol for British Pound vs Canadian Dollar. GBPCAD is a Forex CFD. The GBP/CAD currency pairing is a representation of the amount of Canadian dollars (AUD) that can be bought for every British pound (GBP).

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

GBPCAD Product Specification

Contract Size
100000
Margin Currency
GBP
Profile Currency
CAD
Pip Value
10
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

GBPCAD 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

GBPCAD Platform Access

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

Popular GBPCAD FAQs

What is the minimum trade size for GBPCAD?

The minimum trade size for GBPCAD is 0.01

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

1000 lots

How do you analyze GBPCAD?

You analyze the GBPCAD 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 GBP as the "anti-CAD", as if the CAD is soft, it generally means that there is a strengthening GBP, 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 10 unit of base currency. For instance, one Forex point of GBPCAD is = to 10 GBP.

GBPCAD Trading Strategies

GBPCAD is one of the most popular currency pairs to trade. As a beginner, it is important to have a few solid strategies in your back pocket in order to make the most of your trading. We will go over 3 GBPCAD trading strategies that are perfect for beginners. By the end of this post, you will have a better understanding of the GBPCAD currency pair and how to trade it successfully.

Trend Following

The first GBPCAD trading strategy we recommend for beginners is trend following. To do this, you will want to identify the overall direction of the market and then look for trade setups that align with that trend. For example, if the market is in an uptrend, you will want to look for buying opportunities. If the market is in a downtrend, you will want to look for selling opportunities. Trend following is a great strategy for beginners because it can help you avoid false starts and getting caught up in choppy market conditions.

Support & Resistence Trading

The second GBPCAD trading strategy we recommend for beginners is support and resistance trading. This strategy involves identifying key levels where the market has a high likelihood of reversing direction. These levels are typically created by past market activity and can be used as potential areas to take profits or enter trades. Support and resistance trading can be a great way to capture big moves in the market without having to pick exact tops and bottoms.

Candlestick Pattern Recognition

The third GBPCAD trading strategy we recommend for beginners is candlestick pattern recognition. Candlestick patterns are graphical representations of price action that can give you an edge in identifying potential reversals or continuations in the market. While there are dozens of different candlestick patterns, some of the more common ones include things like dojis, hammers, and shooting stars. By becoming familiar with these patterns, you can improve your chances of spotting potential trade opportunities before anyone else does.

These are just 3 GBPCAD trading strategies that are perfect for beginners. There are dozens of other strategies out there that can be used to trade this currency pair successfully. The best way to find what works best for you is to experiment with different approaches and see what produces the best results over time. With enough practice and patience, you will eventually develop your own unique style of trading that suits your personality and goals.

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

GBPCAD Trading Strategies.

The Afterprime liquidity mix for the forex market has been specially designed to cater for all forex trading styles. Enjoy trading on GBPCAD 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?

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FAQs

Browse our FAQs for detailed instructions on specific trading features.

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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.