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Pips in Forex
Understanding pips in forex Pips in forex are the incremental price movements of currency pairs on the foreign exchange market. The term is an acronym for “price in percentage” or “percentage interest point”. When the price of a currency pair moves up or down, the extent of this movement is measured in pips, which areContinue Reading
Written on September 6, 2022 at 9:06 am
Categories: Learn Forex
Benefits of forex
Key advantages of forex trading As traders learn more about the forex market, and as they start to use the tools and features of their platform in an effective way, they can begin to realise a number of genuine advantages of forex trading. It’s important to remember that advantages are not guarantees, and there isContinue Reading
Written on September 6, 2022 at 9:04 am
Categories: Learn Forex
How to trade forex
How to trade forex: A beginner’s guide Getting started in the forex market can be daunting, and traders may feel unsure of how to grow their understanding and develop their skills. Following a few simple steps can help traders to begin, although all would-be forex traders should recognise that this is a gradual process —Continue Reading
Written on September 6, 2022 at 9:00 am
Categories: Learn Forex
FX futures
Understanding forex future contracts A forex future contract — also known as a currency future because it involves the relative values of international currencies — is a method of trading in the foreign exchange market. Traders essentially agree to complete a transaction, purchasing an amount of one foreign currency in exchange for an equivalent amountContinue Reading
Written on September 6, 2022 at 8:57 am
Categories: Learn Forex
FX options
Understanding forex options: options explained A forex option is a derivative — in other words, its value is derived according to data taken from the forex market, including the real-time currency exchange rates and the forecasted changes. When traders use FX options derivatives, they are entering into a contract that enables them to buy aContinue Reading
Written on September 6, 2022 at 8:54 am
Categories: Learn Forex
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