Canadian Dollar Futures (6C) provide traders with exposure to the USD/CAD exchange rate. These contracts allow traders to speculate on the value of the U.S. Dollar relative to the Canadian Dollar or hedge currency risk in international business operations.
Contract Size: 100,000 Canadian Dollars
Example: This contract size allows traders to gain exposure to currencies with controlled leverage and risk.
These specifications make Canadian Dollar (6C) Futures suitable for traders seeking exposure to currencies markets.
Canadian Dollar (6C) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: 6C
To trade Canadian Dollar (6C) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.
Proper position sizing is crucial when trading Canadian Dollar (6C) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For Canadian Dollar (6C) Futures (6C):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 100.00 per 0.01 = $1000
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $1000 = 0 contracts