A Lot is the standard unit of currency trading in the Forex market and typically includes 100,000 units of the base currency. So for example if we open a trade with one lot in the USD/JPY, then the value of this lot is $ 100,000. A pip therefore has $10 value and the value of a pip in a mini lot (10,000 units) or Micro-Lot (1,000 units) $1 or $0,10.
XM is an investment firm founded by financial professionals and headquartered in London, UK. XM's ambition is to provide fair trading for investors and traders, even with no negative balance with...
ThinkMarkets is a global Forex and CFD broker established in 2010. The company has its origins in Australia, where it is licensed and regulated since 2012 by the ASIC under the name TF Global...