words acronyms common forex

Words and Acronyms More Common in Forex

Common Forex Terms

As a beginner trader it is important for you to learn the basic commonly used terms in forex trading.

What are Pips?

Pip, the price interest point, refers to a unit of change in an exchange rate of a currency pair. Most major currencies are generally priced to four decimal places. A pip is one unit of the fourth decimal point.

What is Volume?

The Volume is the number or value of securities traded over a specified period of time.

What is Margin?

What is Margin Call?

What is Margin Level?

What is Base Currency?

What is Currency Pair?


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