Risk Calculator USD/CAD
Adds spread to your stop loss distance for more conservative sizing
Using estimated rate
Calculate risk for USD/CAD
Inputs
Calculate maximum risk
$25,000 × 1.5%
= $375.00
Calculate safe lot size
$375.00 ÷ (40 × $7.38)
= 1.27 lots
When assessing USD/CAD risk: USD/CAD uses standard 4-decimal pricing where one pip equals 0.0001. This major pair has typical spreads of 1.2-1.8 pips with high liquidity across all sessions.
Frequently Asked Questions
How much can I lose per pip trading USD/CAD?
Your loss per pip on USD/CAD equals your lot size × pip value. For 1 standard lot (100,000 units), each pip movement equals approximately $10 for USD-quoted pairs.
What is a safe stop loss distance for USD/CAD?
Stop loss distance for USD/CAD depends on market structure and volatility. As a major pair, USD/CAD typically sees daily ranges that should inform your stop placement.
How do I limit risk when trading USD/CAD?
Limit USD/CAD risk by: 1) Using proper position sizing (1-2% per trade), 2) Always setting stop losses, 3) Avoiding trading during high-impact news affecting USD or CAD.