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 ...
Each time you place a forex trade, you have to pay a small fee to the broker. Some forex brokerage accounts refer to this expense as a commission fee. However, other brokers take a spread-only ...
No forex trade is free. Many forex brokers charge commissions for each trade, but there is a silent cost that also impacts your forex profits. Spreads represent an extra expense for each trade. It’s ...
Choosing the right forex broker in the U.S. isn't just about finding the lowest spreads, it's about trust, regulation, ...
TheLFB’s GBP/JPY trade plan returned 818 pips in March, but those gains weren’t confined to one pair. Plans for EUR/JPY and AUD/JPY gained 410 and 440 pips respectively. Each day around 19:00 EDT, ...