pips in forex

What Are Spreads, Leverage & Margin in Forex

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what are spreads. leverage

What are Spreads in Forex? You might have noticed that currency pairs always have two prices — for instance: EUR/USD – 1.1050 / 1.1052 This is referred to as the Bid/Ask spread. Bid Price (1.1050): What you receive if you sell the currency Ask Price (1.1052): What you pay if you purchase the currency The … Read more

What Are Currency Pairs, Pips & Lots in Forex?

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currency pairs, pips, lot size

What are Currency Pairs? In forex, you always trade one currency for another currency — something like trading cash when you travel, but on the computer. That’s where currency pairs enter the picture. A pair will look like this: EUR/USD = 1.1050 This implies that one Euro is equal to 1.1050 US Dollars. A currency … Read more