What is a Spread in Forex?
The difference between the sell quote and the buy quote or the bid and offer price. For example, if EUR/USD quotes read 1.3200/03, the spread is the difference between 1.3200 …
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What is Margin in Forex?
The deposit required to open or maintain a position. Margin can be either “free†or “usedâ€. Used margin is that amount which is being used to maintain an open position, …
Read MoreWhat is Leverage in Forex?
Leverage is the ability to gear your account into a position greater than your total account margin. For instance, if a trader has $1,000 of margin in his account and …
Read MoreWhat is an Exchange Rate?
If you are interested in trading forex, you will need to know what an exchange rate is. An exchange rate is one of the basic forex trading terms. An exchange …
Read MoreWhat is a Cross Rate?
The currency exchange rate between two currencies, both of which are not the official currencies of the country in which the exchange rate quote is given in. This phrase is …
Read MoreWhat is a Pip in Forex?
A pip is a common term in trading forex. However, you may not know what it means. A pip is the smallest increment of price movement a currency can make. …
Read MoreWhat is Forex Trading?
Forex trading as it relates to retail traders (like you and I) is the speculation on the price of one currency against another. For example, if you think the euro is …
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How to trade forex successfully?
Learning how to trade forex successfully, contrary to what you might think is not a straight forward method which once you follow will make you a success in the forex …
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How do Forex Brokers make money?
Let’s face it. It will be more profitable to run a Forex broker than trading in the market. Why? The return on investment can be comparably higher than the profits …
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50 Fascinating facts about Forex
Think you know all there is to know about forex and currencies? Think again! Below are 50 forex facts! 1. China created the first paper money in the world, some …
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