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Whether you’re planning on visiting Canada in the future or simply have some Canadian dollars you need to convert, understanding the Canada forex rate is key. It’s not just about exchange rates, it’s about timing and hedging. The Canadian dollar is a commodity currency and often sees large swings in value depending on the supply […]

If you are a Canadian trader interested in opening your own forex brokerage company, there are some important considerations to take into account. These include legality, education, trading platform and customer support. The first thing you should look for is the level of regulation that a broker has. This is a crucial factor in ensuring […]

Forex is a highly volatile market and leverage can cause devastating losses. However, it is not unusual for traders to use leverage to increase profits and reduce risk. High leverage can be a good option for experienced traders but is not recommended for new traders. Traders should pick a broker with leverage that suits their […]

Whether you’re new to forex or a seasoned trader, it’s important to know what time the Sydney Session For Forex In Canada opens and closes. This is essential for knowing when to place your trades and which currency pairs to trade. The forex market is open 24 hours a day during the week, but it […]

Forex is the world’s largest financial market, with trillions of dollars exchanged daily. It’s used by everyday investors, day traders, and financial institutions alike. To trade the Forex market in Canada, you need to make sure that your broker is regulated by IIROC and covered by the Canadian Investor Protection Fund (CIPF). This will help […]

Instagram is a popular social media platform for forex traders. They use it to promote their trading strategies and share their experiences. Some Canada forex traders on instagram are legitimate, while others may be scammers. It’s important to do your research before investing any money in the market. Traders who are rich and successful often […]

If you’re a Canadian citizen and want to trade Forex, you may be wondering whether it is legal. You will need to make sure you choose a broker that is regulated by IIROC, and that your trading money is segregated. The best Canadian brokers will have segregated accounts, meaning that your money is separate from […]

The CRA categorizes forex traders into two groups: full-time and part-time. Full-time traders are liable for income tax, while part-time traders are considered spread betters and do not incur any tax liability. However, some traders do incur a capital gains tax on their profits. Read on to learn more about the Canadian tax laws regarding […]

Whether you are new to the market or an experienced trader, there are a number of factors that you should take into consideration when choosing a Canadian Forex broker. These include account types, trading platforms, and trading software. The best Canadian Forex brokers are regulated by IIROC (Investment Industry Regulatory Organization of Canada). They also […]

When you decide to start trading Forex, it is crucial to choose a broker that provides the services you need. This should include a range of features and customer support. When looking for a forex broker, you should consider several factors including regulatory authority, trading platform, minimum deposit and more. This will help you make […]