Forex >> GBP/CAD
| Symbol |
GBPCAD - (Pound Sterling vs Canadian Dollar) |
| Tick Size (Minimum Fluctuation): |
0.0001 |
| Minimum Spread: |
12 Points (12 Ticks) |
| Commission: |
FREE
|
| Trading Hour (GMT+7): |
Daily trading hour(s) from Monday 06.30 To Friday 03.00 (next day) |
| Daily Limit: |
- |
| Settlement Type: |
Cash |
| Auto Liquidation: |
30% of Intra-day Margin |
| Auto Hedge: |
- |
| Financial/Swap Rate: |
Long: |
-5.67% |
| Short: |
1.35% |
| Contract Size |
US$ 100,000 |
US$ 200,000 |
US$ 300,000 |
| Value per Tick: |
US$ �10.00 |
US$ �20.00 |
US$ �30.00 |
| Intra-day Margin: |
US$ 1,000 |
US$ 2,000 |
US$ 3,000 |
| Hedged Margin: |
US$ 1,000 |
US$ 2,000 |
US$ 3,000 |
| Overnight Margin (Open Position): |
- |
- |
- |
| Swap Calculation: |
Contract Size * GBPUSD Closed Price * Swap Rate * lot / 360
Example: Client buy 1 lot GBPCAD and leave it overnight, GBPUSD market price closed at 1.5419 on that day; Calculation: 100,000 * 1.5419 * -0.0567 * 1 / 360 = -US$24.28
|
| P/L Calculation: |
(Selling price - Buying price) * Contract Size * Number of Contract(s) / USDCAD Market Price
Example: Client buy 1 lot GBPCAD at 1.6189 Settle at 1.6199; Calculation: (1.6199 - 1.6189) * 100,000 * 1 / 1.0482 = US$95.40
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