Leverage is the use of borrowed money (called capital) to invest in a currency, stock, or security. The concept of leverage is very common in forex trading. By borrowing money from a broker, investors can trade larger positions in a currency. As a result, leverage magnifies the returns from favorable movements in a

Pip is an acronym for percentage in point or price interest point. A pip is the smallest price move that an exchange rate can make based on forex market convention. Most currency pairs are priced out to four decimal places and the pip change is the last (fourth) decimal point.

A currency pair is the quotation of two different currencies, with the value of one currency being quoted against the other. The first listed currency of a currency pair is called the base currency, and the second currency is called the quote currency. Currency pairs compare the value of one

As a trader, another important things to know is, when to trade. The Busiest Forex Market Hours WorldWide In total, there are 15 independent Forex exchanges worldwide, open five days a week, from Monday to Friday. They have four exchanges are considered the busiest and most established exchanges which is

How to Set the SL Markets always have reversal points, and trades do not always take off in the chosen direction when the entry is made. Therefore, the aim of setting a stop loss is not just to put a stop point on negative price movements, but to ensure that

Things that you can do with $100 in Your Forex Account Learn vital lessons about money management since you only have restricted capital. Make a smoother transition from the world of virtual trading to the world of live trading. Just remain as demo account to make the transition cause live