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What is the Lowest Lot Size in Forex?
In the world of foreign exchange (forex) trading, understanding the concept of lot sizes is essential for anyone looking to enter the market. A...
What is Beginner Lot Size in Forex?
Forex trading, or foreign exchange trading, is a dynamic and complex market where currencies are bought and sold. For beginners, navigating the intricacies of...
How to Profit from Bid-Ask Spread in Forex?
The foreign exchange (forex) market is the largest financial market globally, with trillions of dollars traded daily. One of the key concepts that every...
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What is the Buy Limit in Forex?
The world of forex trading is vast and complex, with a myriad of strategies, tools, and order...
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What Does Pip Mean in Forex?
The world of foreign exchange (forex) trading is vast and complex, with a unique language of its...
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What Is the Ask Price in Forex?
The foreign exchange market, commonly known as Forex or FX, is the largest and most liquid financial...
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Foreign Currency Exchange Rates Today (22-6-2022)
Currencies ISO GBP EUR USD AUD NZD CAD Argentine Peso exchange rate ARS 0.007 0.008 0.008 0.012 0.013 0.011 Australian Dollar exchange rate AUD 0.564 0.655 0.694 1 1.101 0.898 Bahraini Dinar exchange rate BHD 2.155 2.503 2.65 3.821 4.209 3.431 Barbadian Dollar exchange rate BBD 0.406 0.472 0.5 0.72 0.793 0.647 Brazilian Real exchange rate BRL 0.158 0.184 0.194 0.28 0.309 0.252 British Pound exchange rate GBP 1 1.161 1.23 1.773 1.953 1.592 Canadian Dollar exchange rate CAD 0.628 0.729 0.773 1.114 1.227 1 Central African CFA...
WHAT IS AN ENTRY ORDER IN FOREX TRADING?
A forex entry order is an order that is placed at a specified price level for a currency pair. Once this price is reached,...
What is Slippage? Slippage in Forex Explained
Slippage can be a common occurrence in forex trading but is often misunderstood. Understanding how forex slippage occurs can enable a trader to minimize...
WHAT IS LEVERAGE IN FOREX TRADING?
Leverage in forex is a useful financial tool that allows traders to increase their market exposure beyond the initial investment (deposit). This means a...
WHAT IS A SPREAD IN FOREX TRADING?
Every market has a spread and so does forex. A spread is simply defined as the price difference between where a trader may purchase...
How to Short Forex: Short Selling Currency Explained
Short selling currency involves taking positions under the pretence of a bearish sentiment. Historically short selling has been used in the commodity markets under...
What does leverage mean in forex trading
Leveraged trading is also called virtual trading and deposit trading.It is investor uses own capital to serve as guarantee, enlarge the financing that offers...
What is the foreign exchange rate quotation
There are several different methods of foreign exchange rate quotation due to different standards.The commonly used marking methods include direct marking method, indirect marking...
What is exchange rate risk？
The exchange rate risk is that the foreign debt borrowed must eventually be converted into foreign currency in the local currency or repaid with...
What is a currency pair?
A currency pair is a foreign exchange transaction rate consisting of two currencies, represented by two ISO codes plus a delimiter, such as GBP/USD,...
What is the meaning of leveraged foreign exchange trading
Foreign exchange leveraged trading, also known as margin trading.As the name implies, it is to use a small amount of capital to invest several...
What is a foreign exchange position
In foreign exchange trades, position points to investor actually namely the proportion of investment capital with real.For example, if you have 10,000 actual investment...