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USDCAD Pip Value Forex Calculator - How to Calculate USDCAD Pips

USDCAD Pips Value Calculation - Pips USDCAD Pair

What's USD/CAD Pip Value? - USDCAD Pip Calculation

The Value of 1 Pip for USDCAD Currency Pair for 1 Lot is - $7.53


Pip Value USDCAD Calculation - USDCAD Pip Value and USDCAD Lots

USD CAD Pip Value Calculator for USDCAD Currency Pair Explanation

When calculating the pip value for USDCAD, traders need to consider the position size of their trade. When opening a USDCAD trade, three lot sizes are available for selection.

The three lot sizes that traders will use when opening USDCAD trades are:

  1. USDCAD Standard Lot - Equivalent to 100, 000 Units of the Currency
  2. USD CAD Mini Lot - Which is Equivalent to 10, 000 Units of the Currency
  3. USD/CAD Micro Lot - Equal to 1, 000 Units of the Currency


In USDCAD currency pair the USD/CAD is transacted in lots (batches). One standard lot of USDCAD is equivalent to 100,000 Units of Currency.

Why trade USDCAD Pair in Such big Lots?

USDCAD currency pairs is traded in such large lots so as to increase the value of 1 pip when trading the USD/CAD currency pair. When the pip value for USD CAD is increased the profit value per pip will also be increased. Therefore USDCAD is traded in such big lots so as to increase profit value per 1 pip.

Calculating Pip Movement for USDCAD Utilizing Position Sizing (Lot Volume) - Online USDCAD Pips Quantifier.

  1. When USD/CAD is traded using 1 standard lot the value of a pip will be equivalent to $7.53 dollars
  2. When USD/CAD currency pair is traded using 1 mini lot the value of a pip will be equivalent to $0.753
  3. When USDCAD pair is traded using 1 micro lot the value of a pip will be equivalent to $0.0753 dollars


Forex Pip Value Calculator for USDCAD - Determining the Pip Value within USDCAD Trading: USDCAD Pip Calculator.

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