is risky. Using your leverage Leverage allows you to borrow money from the broker to trade more than your account value. The last salient point about pricing is that the spread, earnings and losses are measured in a unit called a pip. Dollar (USD Canadian dollar (CAD British pound (GBP Australian dollar (AUD Japanese yen (JPY) and Swiss franc (CHF). A pip is the forex version of a point: the smallest price movement within a currency pair. Its the largest financial market in the world but one in which many individual investors have never dabbled, in part because its garantie de remboursement des robots forex highly speculative and complex. A micro lot is 1,000 units of currency, a mini lot is 10,000 units, and a standard lot is 100,000 units. . Bid and ask prices, as with stock trading, the bid and ask prices are key to a currency". Its much more fun to lose play money than real money, especially while youre learning the ropes.
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A pips value depends on the trade lot and the currency pair. What is forex trading? First of all, try not to be dependent on the single source of information. Lets say you want to buy EUR/USD.12044/57. If youre a beginner, we recommend sticking to micro lots while you get your footing. This seminar will guide you towards trading like a Wall Street professional in the fast paced world of forex trading. Youre always buying or selling the base currency. They then pocket the extra rather than charging a set trade commission. The bid price tells you how much of the counter currency you can buy when you sell one unit of the base currency. In this example", 1 is equal.12044.
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