is aReferring Broker of:
FX TradingForex Trading
Frequently Asked Questions - FAQ
What is a Pip?
Price movements in the forex market are quantified in pips. For instance, a price move in the EUR/USD currency pair from 1.33620 to 1.33680 is equivalent to exactly 6 pips. A pip, therefore, is the second-to-last, or 4th, place after the decimal of a quote for a currency pair.
FAQ
- How Can I Open a Demo Account?
- How Can I Display Charts in the Trading Platform?
- How Can I Trade on Falling Prices?
- What Costs (Fees, etc.) Are Incurred when Trading with a Live Trading Account?
- How Can I Make Deposits and Withdrawals?
- Is There a List of the Bid/Ask Spreads?
- What is the Relationship Between FX Trading24 and FXCM, and what Benefits Does FX Trading24 Offer?
- How Much Time Do I Need to Trade on the Forex Market?
- What is a Pip?
- How Much is a Pip Worth?
- What Types of Orders Are Possible?
- What Is a Lot?
- What Are the Differences Between Forex and Trading Futures and Options?
- How Long Can I Hold Open Positions?
- Can I Close a Trade at Any Time?
- What Should I Do if I want to Trade a Long and Short Position Simultaneously?
- How Are Taxes Handled?
- Can I Manage Several Accounts in a Single Platform?
- How Can I Trade Using a Mobile Device?
