Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...
To trade currency pairs, you need to understand the concept of a lot in forex. This guide explains what a forex lot is, why it’s important and how you can use it to calculate your position size. A lot ...
What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...
(MENAFN- Daily Forex) What Is the Purpose of Lot Size? Before you understand the purpose of lot size, you must ask yourself what a lot is! A lot is the unit of measurement used to determine how many ...
Trading the foreign exchange (forex) markets can be difficult at the best of times. Researching trades and exchange rates, planning the best execution, deciding on stop-loss and take-profit ...
Every market you can trade with us has a spread, which is the primary cost of trading. Learn more about a forex spread, including what it is and how it’s calculated. The spread in forex is a small ...
Thinking of trading currencies? Before you dive in, it’s important to understand a few key concepts, starting with one of the most fundamental: pips, and how to calculate pips in Forex. A pip, short ...