Interest-rate expectations
Changes in expected Federal Reserve and Bank of Canada policy can shift rate differentials and demand for USD and CAD.
USDCAD · Major forex pair
Trade USD/CAD (USDCAD) on Mega1 or MetaTrader 5 with Pro raw pricing or Standard all-in spreads.
Indicative USDCAD prices · US Dollar / Canadian Dollar
USD/CAD daily indicative candlestick chart is loading.
USD/CAD overview
USD/CAD shows how many units of CAD are needed to buy one unit of USD. A rising price means USD is strengthening against CAD; a falling price means the reverse. USDCAD connects two closely linked economies and is often shaped by Federal Reserve and Bank of Canada policy, North American data and changes in crude-oil markets.
Changes in expected Federal Reserve and Bank of Canada policy can shift rate differentials and demand for USD and CAD.
Inflation, wage, employment and growth data can change the market's view of each economy and its likely policy path.
Global risk appetite, funding demand and session liquidity can affect the pair as well as its available spread.
Raw pricing
Variable spreads from 0.0 pips
All-in spread
Spreads from 1 pip
Spreads are variable and can widen. The stated minimum is not a universal or guaranteed spread. Swaps may apply to positions held across rollover. Account and platform availability varies.
Exposure-based margin
USD/CAD margin is applied incrementally by the total notional exposure in USDCAD. Crossing a threshold does not reprice the margin already assigned to lower bands; only the additional exposure uses the next rate.
How exposure-based margin works| Additional notional | Leverage | Margin |
|---|---|---|
| $0–$500K | 1000:1 | 0.10% |
| $500K–$2M | 500:1 | 0.20% |
| $2M–$5M | 200:1 | 0.50% |
| $5M–$15M | 100:1 | 1.00% |
| $15M–$50M | 50:1 | 2.00% |
| $50M–∞ | 20:1 | 5.00% |
USD notional bands. The live platform specification remains authoritative.
Contract details
Review volume, carrying-cost and session information before placing a trade. Values below are refreshed from the published XBTFX specification service.
Sessions and swap values may change for holidays, liquidity conditions and scheduled maintenance.
Plan a scenario
For one standard lot of USD/CAD, one pip is 0.0001 and represents 10 CAD in the quote currency. The account-currency result can change with conversion, direction, spread, commission and swaps.
Where to trade
Use Mega1 in the browser, on desktop or mobile, or trade through MetaTrader 5.
USD/CAD questions
USD/CAD is the exchange rate between US Dollar and Canadian Dollar. It shows how many units of CAD are required to buy one unit of USD. A rising price indicates USD strength relative to CAD; a falling price indicates the reverse.
For USD/CAD, one pip is normally 0.0001. A one-pip move on one standard 100,000-unit lot represents 10 CAD in CAD, before spreads, commission, swaps and any account-currency conversion.
USD/CAD uses published exposure-based margin bands. The schedule is tied to total notional exposure in USDCAD, not the account balance. When exposure crosses a threshold, only the additional portion uses the next margin rate; lower-band exposure keeps its original rate.
Yes. Pro uses raw variable spreads with a separate commission of $2.75 per $100,000 traded on FX. Standard has no separate FX commission and includes the pricing cost in a wider spread. Availability can vary by platform, account and jurisdiction.
USD/CAD is available on supported Mega1 and MetaTrader 5 accounts. Check the instrument specification inside the selected platform before trading because sessions, margin and other conditions can change.
USD/CAD at XBTFX
Open an XBTFX account, choose Pro or Standard pricing, and access USD/CAD on a supported platform.
CFDs are complex instruments and involve a significant risk of loss due to leverage. Prices are indicative and may differ from executable account prices. Consider whether you understand how CFDs work and whether you can afford the risk.
Risk Disclosure Notice