What is commodity trading? Discover more about commodity trading, its history and how similar types of commodities perform relative to one another.
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- Spread Type Floating
- Long position overnight fee -0.0123%
- Short position overnight fee 0.0012%
- Overnight fee time 21:00 (UTC)
- Min traded quantity 1000
The base currency – EUR. The counter currency – CAD. The EUR/CAD rate represents the relationship between the Eurozone’s Euro and the Canadian Dollar. The cross pair boasts a large trading volume because of the expansive economic cooperation between the two. The Canadian Dollar is considered a raw commodity currency and often nicknamed Loonie, buck, Huard, or piastre (French). The EUR/CAD chart usually shows no correlation to the US stock market, especially the S&P 500. Therefore, this minor cross pair allows traders to hedge an existing position in one of the majors or to tap into EU economics while minimising undue exposure to global macroeconomic factors. To browse the latest Forex EUR/CAD chart, follow Capital.com.
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 CFDs
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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