Author: Yokoyi

Meaning of Spread in Forex Spread is the difference between the price you pay to buy a currency pair & the price you will be paid when you eventually sell the currency pair. Spread is expressed & measured in pips The buy & sell prices are never the same except your broker is offering you…

What is a Pip in Forex? In forex, exchange rates move in increments of 0.0001 or 1 pip so a pip is actually 0.0001, A pip (meaning “percentage in points”) can also be defined as the smallest increment an exchange rate can make. If the EUR/USD exchange rate appreciates from 1.0694 to 1.0695 that is…

A Lot Size is used to express how many currency pairs you want to trade. Different lot sizes exist to make forex trading affordable to those with small account balances. Lot sizes are also useful in risk management, because when volatility/uncertainty is high in the market, you can switch to a lower lot size. Trading…

A currency pair is a tradable product made up of two currencies. Currency pairs are listed on your brokers menu so you can choose which one you want to trade. Every currency pair product has a price tag attached to it & this price is called the exchange rate. So whenever you want to trade,…

The Unregulated Forex Broker Who They Are An unregulated broker is one that is not licensed by any government body. They are the most dangerous forex trading scam out there. How They Operate For this scam to succeed, the unregulated broker hopes you will be too distracted by the promises of bonuses, that you will…

What Does Regulation Mean in Forex? Regulation in forex means the rules that your forex broker is expected to adhere to. Without regulation, there would be lawlessness & brokers will not be held accountable by anyone. Regulation sets the rules for the brokers to follow & lays out the penalty for breaching the rules. Regulation…

A forex broker is the link/connection between you & the online forex market. Please take note of the word “online” because we are referring to online forex brokers. What Does a Forex Broker Do? A forex broker owns & provides the currencies you speculate on, so that all you have to do is bet on…

Forex trading is the art of predicting whether exchange rates are going to go up or down, using an online platform which you access via your mobile device or laptop computer. There are always two outcomes in forex trading which are you can predict correctly or wrongly. Each outcome has financial implications for you the…