AUDCAD is represented by two commodity markets, however AUD and the Australian economy is closely connected to the Chinese economy and has strong trading relations with this country, and CAD depends on Canadian exports to the US—which make up over 50% of the country’s exports. When calculating your strategy for trading AUDCAD, you should also consider that the Canadian dollar depends on crude oil prices.
Spreads and conditions
- Minimum spread
- 0.6
- Average spread
- 1.3
- Swap short (pips)
- 0.00
- Swap long (pips)
- 0.00
- Contract size
- 100 000 AUD
- Pip price (USD/LOT)
- 7.44
- Islamic acc fee (short)
- 0.00
- Islamic acc fee (long)
- 0.00