What are Margin and Leverage?
When trading Forex, you need only a small amount of capital to open and maintain a position. This capital is known as margin. For example, if you want...
What is a Pip?
A ‘Pip’ is a unit of measurement that expresses the smallest change in the value between two currencies. If EUR/USD moves from 1.1055 to 1.1056, that ...
What is Forex?
Forex, also known as foreign exchange, is the process of changing one currency into another. This can be done for a variety of reasons – tourism, comm...