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Category: Forex basics
Lot Sizes Explained: Micro, Mini and Standard Lots
What’s the difference between a micro, mini and standard lot? Learn forex and gold lot sizes, what each pip is worth, and how to choose the…
What Is a Pip in Forex? (With Examples)
A pip is the standard unit of price movement in forex. Learn what a pip is, how to calculate pip value for EUR/USD, USD/JPY and gold,…
Forex Leverage Explained Simply
What does 1:30 or 1:500 leverage really mean? Learn how leverage and margin work in forex and gold trading, with simple examples and how to use…