- Trading
- Instrument Specifications
- Currency Pairs
- NZD / CAD Investing
Trading a Currency Pair - NZDCAD
NZD/CAD Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 6 | 6 | 6 |
| Floating Spread, pip | 4.8 | 4.8 | 6 |
| Order distance, pip | 12 | 12 | 12 |
| Swap, pip (Long/Short) | -0.03 / -0.43 | -0.03 / -0.43 | -0.03 / -0.43 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 NZD | 100.00 – 100000.00 NZD | >=100.00 NZD |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 CAD | 10 CAD | 10 CAD |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 6 | 6 | 6 | 6 |
| Order distance, pip | 12 | 12 | 12 | 12 |
| Swap, pip (Long/Short) | -0.03 / -0.43 | -0.03 / -0.43 | -0.03 / -0.43 | -0.03 / -0.43 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 NZD | 100000 NZD | 100000 NZD | 100000 NZD |
|
1 pip value per 1 lot | 10 CAD | 10 CAD | 10 CAD | 10 CAD |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 4.8 | 4.8 | 6 | 4.8 |
| Order distance, pip | 12 | 12 | 12 | 12 |
| Swap, pip (Long/Short) | -0.03 / -0.43 | -0.03 / -0.43 | -0.03 / -0.43 | -0.03 / -0.43 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 NZD | 100000 NZD | 100000 NZD | 100000 NZD |
|
1 pip value per 1 lot | 10 CAD | 10 CAD | 10 CAD | 10 CAD |
NZD/CAD Trading Hours
NZD/CAD trading hours are the time when investors can buy and sell NZD/CAD. The NZD/CAD is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade NZD/CAD during different trading hours. Depending on where you live, you may be able to trade NZD/CAD at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when NZD/CAD trading hours begin and end.
Both currencies of this cross pair are categorized as commodity currencies. Canada is mainly associated with oil and lumber and conducts trade with the USA, while New Zealand is primarily associated with agricultural commodities, exporting dairy and meat products to China and Australia.
"NZDCAD Trading
Both currencies of this cross pair are categorized as commodity currencies. Canada is mainly associated with oil and lumber and conducts trade with the USA, while New Zealand is primarily associated with agricultural commodities, exporting dairy and meat products to China and Australia. This pair presents how many Canadian dollars are needed to trade NZDCAD. For a deeper understanding how to trade currency pairs, for example NZDCAD, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair NZDCAD | Forex | Major
The New Zealand dollar (NZD, “Kiwi”) is the 10th most traded currency in the world. The issuer is the Reserve Bank of New Zealand.
- Is often involved in trading operations as New Zealand is supporting high interest rates, as a rule
- Depends on commodity exports, particularly on food trade.
