No discussion of trading strategy is complete without some mention of correlation with regard to assets in a portfolio. This can seem daunting, but understanding correlation can be straightforward and profitable.
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- Spread Type Floating
- Long position overnight fee 0.0008%
- Short position overnight fee -0.0094%
- Overnight fee time 22:00 (UTC)
- Min traded quantity 1000
The base currency – CAD. The counter currency – JPY. The CAD/JPY rate is the Canadian Dollar/Japanese Yen currency rate. This pair is often used when a trader is not eager to trade in US Dollars. In this case the USD/JPY chart is regarded as a suitable substitute. It shows how much the Canadian Dollar is worth when measured against the Yen. However, the CAD/JPY forecast is more sensitive towards the market-wide sentiment than the USD/JPY, because historically the Canadian Dollar has a higher yield. Moreover, due to Canada’s extensive energy export business, the Canadian Dollar, often referred to as the ‘Loonie’, depends on the price of the crude oil.
How we make money?
Capital.com makes the majority of it’s money through the spread, the difference between the buy and sell price.
Trade forex with leverage
Currencies are available to trade with up to 30:1 leverage. Start trading with as little as $100 to control a position of $3000
Forex CFD’s
Trade 24/5 on a wide range of Forex
Buy and sell Forex to take advantage of rises and falls in price
Profit and loss control
You can easily define Stops and Limits to request positions to close at a specified price.
Set up price alerts to be informed of big moves.
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