MEXC Launches USDCAD CFD Trading with Infinity Spread
MEXC offers contracts for difference (CFD) trading in US Dollar versus Canadian Dollar pairs. The CFD trading for USDCAD has a bid price of 1.38740 and an ask price of 1.38715, resulting in a spread of infinity.
The contract size is set at 100,000 units with a tick size of 5. This means that orders must be placed in multiples of 0.01 units, with a minimum order size of 0.01 and a maximum order size of 100 units. The leverage for this pair is capped at 500, while the maintenance margin for both buy and sell positions stands at 0.20%.
The swap points for long positions in USDCAD CFD trading are set at 1.54, while short positions incur a loss of 10.75 swap points. Trading hours for this pair vary across weekdays, with Monday to Friday sessions running from 05:00-24:00 and Saturday sessions from 00:00-04:57.