Spread Cost Calculator USD/CAD
Using estimated rate
Calculate spread cost for USD/CAD
Inputs
Get pip value
For {pair}, approximately {value} per standard lot USD/CAD = $7.38
= $7.38
Multiply spread by pip value
1.2 pips × $7.38
= $8.86
When calculating USD/CAD spread costs: 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
What is the typical spread for USD/CAD?
USD/CAD is a major pair with spreads typically ranging from the broker average. Major pairs have tighter spreads, while exotics and commodities have wider spreads.
How does spread cost affect my USD/CAD trades?
Spread is an immediate cost on USD/CAD trades. For 4-decimal pricing, a 1 pip spread on 1 lot costs approximately $10 for USD-quoted pairs.
When is the best time to trade USD/CAD for lower spreads?
Spreads on USD/CAD are typically lowest during high liquidity periods when both USD and CAD market sessions overlap. Avoid trading during low liquidity or news events.