What does it cost to join?

Nothing. You only deposit trading capital with the broker — funds that remain yours.

How do you make money?

The broker pays us a share of the spread when you trade. You pay nothing extra.

Yes. CFD and FX trading involves risk. Past performance does not guarantee future results.

What is the minimum deposit?

Depends on the account type with the broker. Shown during registration.

Can I stop at any time?

Yes. You own your account and can stop copying or withdraw funds at any time.

Which broker is used?

A regulated broker with client funds protected up to USD 1M via a Lloyd's of London-backed program.

Do I need trading knowledge?

No. The strategy handles all decisions.

Canadian Dollar: Labour Strength Boosts CAD Against USD

Canada's labor market continues to exhibit resilience, strengthening the Canadian dollar (CAD) against the US dollar (USD). According to TD Securities, the July Jobs Report is anticipated to confirm this trend, with employment rising by another 20,000 jobs. This development supports CAD and impacts currency markets.

How Does This Affect the Gold Market?

The strength of the Canadian economy can indirectly influence gold prices. A stronger CAD may lead to increased confidence in riskier assets, potentially reducing demand for safe havens like gold. Simultaneously, a weaker USD could make gold cheaper for international buyers, potentially boosting demand.

Automated Trading and Gold

Understanding these complex interrelations between currency markets and gold prices is challenging for individual investors. This is where automated trading comes in. By using algorithms that continually analyze market data, automated systems can help investors navigate these changes without constant market surveillance.

Join aiforex for free and get access to automated trading with a public track record since 2024.