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Canadian Dollar.


The Canadian Dollar (CAD) is the official currency of Canada. The symbol used for the Canadian Dollar is $, or C$ to distinguish it from other dollar currencies. The Canadian Dollar is subdivided into 100 cents.


Canada is rated the 9th largest economy in the world. The economy of Canada is wealthy and stable. Unemployment rate in Canada is estimated at 7.2%. The main industries are chemicals, wood, paper products, food products, minerals, and transport equipment. Export products are aircraft, telecommunications, timber, petroleum, crude, electronics, plastics, and machinery. Import products are motor vehicles, machinery, equipment, durable goods, electricity, chemicals, and electronics. 71% of the GDP is accounted for by the service industry.


The province of Canada adopted the Canadian Pound in 1841. In 1851, Canada passed legislation and the pound sterling was introduced. In 1853, the gold standard was introduced in Canada. Decimal coinage was introduced in Canada in the year 1858. The gold standard rate was fixed until 1990. In 1867, Canada, Nova Scotia, and New Brunswick united and became the Dominion of Canada. Their three currencies were also united. In 1871, Prince Edward Island joined the Dominion of Canada. During the First World War the gold standard was abandoned temporarily and was dissolved in 1933. The Canadian dollar exchange rate was fixed to the US Dollar at 1.1 CAD = 1 USD during the Second World War. In 1949, use of the British Pound was terminated and the Dollar remained pegged to the USD at 1.1 CAD = 1 USD. In the 1950s Canada decided to have a floating currency; however, in 1962 the currency became a fixed exchange rate again at 0.925 USD = 1 Canadian Dollar. The peg was kept until 1970. After 1970, the Canadian dollar became a floating currency.


Symbols and Names.


Countries Using This Currency.


Currencies Pegged To CAD :


CAD Is Pegged To:


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© 1996 - 2017 OANDA Corporation. All rights reserved. "OANDA", "fxTrade" and OANDA's "fx" family of trademarks are owned by OANDA Corporation. All other trademarks appearing on this Website are the property of their respective owners.


Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks. Refer to our legal section here.


Financial spread betting is only available to OANDA Europe Ltd customers who reside in the UK or Republic of Ireland. CFDs, MT4 hedging capabilities and leverage ratios exceeding 50:1 are not available to US residents. The information on this site is not directed at residents of countries where its distribution, or use by any person, would be contrary to local law or regulation.


OANDA Corporation is a registered Futures Commission Merchant and Retail Foreign Exchange Dealer with the Commodity Futures Trading Commission and is a member of the National Futures Association. No: 0325821. Please refer to the NFA's FOREX INVESTOR ALERT where appropriate.


OANDA (Canada) Corporation ULC accounts are available to anyone with a Canadian bank account. OANDA (Canada) Corporation ULC is regulated by the Investment Industry Regulatory Organization of Canada (IIROC), which includes IIROC's online advisor check database (IIROC AdvisorReport), and customer accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at cipf. ca.


OANDA Europe Limited is a company registered in England number 7110087, and has its registered office at Floor 9a, Tower 42, 25 Old Broad St, London EC2N 1HQ. It is authorised and regulated by the Financial Conduct Authority, No: 542574.


OANDA Asia Pacific Pte Ltd (Co. Reg. No 200704926K) holds a Capital Markets Services Licence issued by the Monetary Authority of Singapore and is also licenced by the International Enterprise Singapore.


OANDA Australia Pty Ltd  is regulated by the Australian Securities and Investments Commission ASIC (ABN 26 152 088 349, AFSL No. 412981) and is the issuer of the products and/or services on this website. It's important for you to consider the current Financial Service Guide (FSG), Product Disclosure Statement ('PDS'), Account Terms and any other relevant OANDA documents before making any financial investment decisions. These documents can be found here.


OANDA Japan Co., Ltd. First Type I Financial Instruments Business Director of the Kanto Local Financial Bureau (Kin-sho) No. 2137 Institute Financial Futures Association subscriber number 1571.


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What is Forex?


Forex is the market where all the world's currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5.3 trillion. There is no central exchange as it trades over the counter. Forex trading allows you to buy and sell currencies, similar to stock trading except you can do it 24 hours a day, five days a week, you have access to margin trading, and you gain exposure to international markets.


Fair and Transparent Execution.


FXCM pioneered the No Dealing Desk forex execution model, providing competitive, transparent execution for forex traders. Friedberg Direct licenses this advanced software technology which gives access to multiple price providers allowing clients access to competitive spreads, even during market-moving news events.


Get Started trading FX and CFDs with Friedberg Direct. Open an Account.


1 In some instances, accounts for clients of certain intermediaries are subject to a markup.


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High Risk Investment Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss in excess of your deposit and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Please read our full risk warning.


Please note the information on this website is primarily intended for retail customers.


Friedberg Direct is a division of Friedberg Mercantile Group Ltd. , a member of the Investment Industry Regulatory Organization of Canada (IIROC), the Canadian Investor Protection Fund (CIPF), and all Canadian Exchanges. Friedberg Mercantile Group Ltd. is headquartered at 181 Bay St., Suite 250, Toronto, ON M5J 2T3, Canada.


Accounts are opened with and are held by Friedberg Direct which clears trades through a subsidiary within the FXCM group of companies (collectively, the "FXCM Group"). Customers of Friedberg Direct may, in part, be serviced through subsidiaries within the FXCM Group. The FXCM Group does not own or control any part of Friedberg Direct and is headquartered at 55 Water St., 50th Floor, New York, NY 10041 USA.


* The trading desk opens on Sundays between 5:00 PM ET and 5:15 PM ET. The trading desk closes on Fridays at 4:55 PM ET. Please note that orders placed prior may be filled until 5:00 p. m. ET and that traders placing trades between 4:55 p. m. and 5:00 p. m. may be unable to cancel orders pending execution.


† FXCM Trading Station allows for order sizes up to 50 million per trade. Traders have the ability to trade incremental sizes (multiple orders of 50 million for the same pair).


§ Friedberg Direct’s liquidity providers include global banks, financial institutions, prime brokers and other market makers.


World Currency Symbols.


This page lists global currency symbols used to denote that a number is a monetary value, such as the dollar sign "$", the Pound sign "£", and the Euro sign "€". This list is constantly under development and we rely on input from users like you to keep it as complete and accurate as possible. If you have any new information on currency symbols, please e-mail us at: currencyxe.


QUICK JUMP MENU List of Currency Symbols Fonts Used in this Page How To Work With Currency Symbols.


List of Currency Symbols.


Information is available below on Fonts Used in this Page and How To Work With Currency Symbols.


Fonts Used in this Page.


Each currency symbol is presented first as a graphic, then in two "Unicode-friendly" fonts: Code2000 and Arial Unicode MS . The graphic symbol in the first column will always be visible, but the symbols in the other columns may or may not be available, depending on which fonts are installed on your computer.


Note that of the two fonts used above, only Code2000 is complete. The other fonts have missing elements , which will appear as hollow boxes . No currency symbol is a hollow box; a hollow box always means that a font does not contain a symbol for that currency.


Code2000 is a highly recommended shareware font that contains all the currency symbols listed above. You can download it download it here. Arial Unicode MS is a common font included with certain Microsoft products.


If you have both fonts installed, you may notice that the symbols vary slightly in design from one font to another. This is normal, as there are often multiple accepted ways of rendering a currency symbol. For example, in the United States, the dollar sign is sometimes rendered with two vertical lines, and sometimes with one, both of which are acceptable. (However, in most other parts of the world, a dollar sign with two vertical lines is never used.)


To install the Code2000 font, use the link above to download it and save it somewhere on your computer. Then, unzip the downloaded file and read the enclosed LICENSE. TXT file for the details on the shareware terms of use.


To find out how to work with currency symbols in your documents, scroll down to the How To Work With Currency Symbols section.


How To Work With Currency Symbols.


To view and work with currency symbols on your computer, you first need to have fonts installed that are capable of displaying them. The only font we know of that contains all symbols is the Code2000 shareware font by James Kass. We therefore recommend that you download and install the Code2000 font. (See the fonts section above on how to do this.)


Once the Code2000 font is installed, you can begin using the symbols in your documents.


Using Currency Symbols in Microsoft Word XP / 2003.


Ensure that you have Code2000 downloaded and installed. (See above for details) Start a new document Microsoft Word, or open an existing Word document into which you wish to place the currency symbol. Open the font selector by clicking Format > Font. (See screen shot) Select the Code2000 font, and then click OK. (See screen shot) Open the symbol selector by clicking Insert > Symbol. (See screen shot) A new window will open up called Symbol. (See screen shot) Look up the Unicode: Hex code from the above table, enter it in the Character Code field, and click Insert. (See screen shot) The symbol will now be in your Word document. (See screen shot)


Tips and Tricks.


Once you have a currency symbol inserted in your document in the Code2000 font, you can check to see if the symbol is available in other fonts. Just highlight the currency symbol and then change the font. If the symbol is not supported, it will disappear or be replaced by a hollow box. If this happens, just try another font, or go back to Code2000. If you want to send a document with a special currency symbol to someone else, then they will need to have the font for that symbol on their computer as well. Otherwise, they will not see the symbol. The simplest solution is often to use the Code2000 font in your document, and then have the recipient install the Code2000 font (using the instruction in the fonts section above).


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Top 10 Canadian Forex Brokers by TradersAsset.


The “bricks and mortar” Canadian finance sector is very well regulated. In fact, there are three Regulatory Commissions and Trade Association that many financial companies must belong to. These are, the British Columbia Securities Commission (BCSC) , the Ontario Securities Commission (OSC) and the Investment Industry Regulatory Organization of Canada (IIROC) .


When it comes to Forex Brokers and Forex trading sites online however, Canadian citizens are welcome to sign up and trade at any of the online brokers, without restrictions.


We would strongly recommend that you do your research and select a broker that meets your requirements and can be trusted. If this sounds like a lot of work, you’re in luck as we’ve done the hard work for you. We’ve researched and reviewed some of the best brokers available today. These recommendations to our Canadian Traders are presented below.


Top 10 Canadian Forex Brokers.


Recommended Canadian Forex Brokers for Canadian Traders.


This guarantees that we can promote and showcase the best Forex brokers, safe in the knowledge that you, as a Canadian citizen, are going to get a completely hassle free and first class trading experience.


Avatrade – Avatrade is incorporated and regulated by the Central Bank of Ireland, the Markets in Financial Instruments Directive of the EU (MiFID), the Australian Securities and Investments Commission (ASIC), is registered as a financial services company in the BVI and regulated by the Financial Futures Association of Japan. One of the unique features of Avatrade is that they offer leverage of 400:1, one of the highest in the industry. LMFX – This broker offers an extensive set of trading tools and calculators. Perfect for the more experienced trader that wants to asses his levels of risk/reward or conduct more extensive technical analysis. Junior traders are also well catered for at LMFX, with the offering of great market analysis articles, extensive educational materials and one of the best demo account offers we’ve ever seen. NetoTrade – offer attractive bonuses, tight Forex spreads, flexible leverages, low rates, an established platform and the offer of straight through processing (STP). They also offer a low deposit amount of just $250, and a personal account manager capable of either guiding new traders, or helping more experienced traders to optimise their trading strategies. If you’re still unsure about using them, we suggest that you open a FREE demo account and check out the platform fro yourself. eToro – eToro is a unique broker as they bring traditional trading up-to-date by offering a “Social Trading” experience. Essentially, traders get to see & copy the strategies used by other more successful traders. eToro are fully regulated in several different jurisdictions and their licensing authorities include the NFA (US), CySEC (Cyprus), ASIC (Australia), CFTC (US), MiFID (Europe) and the FCA (UK). A leverage of 400:1 is offered along with fantastic account management. OandA – OandA is in fact licensed in Canada by the IIROC. They have also been granted licenses to operate by the CFTC (US), NFA (US), the FCA (UK), the Monetary Authority of Singapore and also the Dubai Financial Services Authority. They offer a low minimum deposit amount and a leverage of 50:1.


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