Pip is the smallest change that an exchange rate of a currency pair can make and is usually the last decimal place of a quotation. Learn more about What is Pip and How to Calculate Pip Value.
What is Leverage in Forex? - Leverage is one of the key advantages of Forex Trading that helps the traders to increase their potential return on investment.
Forex traders going “short” will sell a currency, hoping that they will be able to repurchase it at a lower rate, again making a profit. No physical money is exchanged during these trades, and there are no trading floors for forex. ...
Conversely, a price breakout beyond the lower bound is a sell signal. The opposite border of the box in both cases acts as a protective stop loss level. The indicator on the site is provided in the form of two continuous lines, green and red. The green line is the top border of the...
What Is Forex? The forex or the foreign exchange market is the biggest and the most liquid financial market in the world. Dwarfing other markets in size, including the stock market, the forex market has an average traded value of around $5 trillion per day – a figure that’s constantly ...
So you see, the forex market is definitely huge, but notas hugeas the others would like you to believe. Don’t believe the “forex is a $7.5 trillion market” hype! The huge number sounds impressive, but a bit misleading. We don’t like to exaggerate. We just keepin’ it real. ...
What is Margin in Forex? Let’s get this out of the way first. Margin is not a commission fee or a transaction cost. When you trade in Forex, you only need to put up a small amount of money to open and maintain a new position. That amount of money is called the margin. Contents...
The best spread in forex is a zero spread. That means the buying price and the selling price are the same. If a currency pair has zero spread, that means your broker did not charge you anything for trading that currency. But there's no zero spread in reality. Thus, the best possible...
Abuy-stop orderis an instruction to buy a currency pair at the market price once the market reaches your specified price or higher. The buy price needs to be higher than the current market price. Asell stop orderis an instruction to sell the currency pair at the market price once the ma...
The FX market is the only truly continuous and nonstop trading market in the world. In the past, the forex market was dominated by institutional firms and large banks, which acted on behalf of clients. But it has become more retail-oriented in recent years—traders and investors of all siz...