Learn More Here: http://bit.ly/AgimatFxPro what is a pip - don't know a thing about pips? learn the basics first! here is an introduction of what is a pip. Subscribe, and watch more tutorials like this!
What is a pip - what is a pip - today we will learn about what is a pip?
In this video we show you what is a pip and the correct way to calculate your profits or losses when forex trading. A pip, commonly known as a percentage in point, is a unit of measure in an exchange rate of a currency.
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The value of a pip changes depending on the pair you trade. Calculating the value of a pip is not vital to your success, as a trader, since your broker will automatically calculate the value for you.
However, if you’re going to trade, you should know a little about what is a pip and how it works.
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Meanwhile, the spread is the difference in the bid and ask price. The bid price refers to the rate at which the broker or market maker is buying from the trader and the ask price is the rate at which it is selling to the trader. The bid price is generally set higher than the actual market rate while the ask price is set lower than the actual market rate.
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A Detailed FiNMAX Review To Investigate The Reliability Of The Broker.
Intro To FiNMAX Trading.
FiNMAX is one of the latest binary options brokers to cater to the global demand for improved binary options services. Although we see a lot of brokers trying different permutations and combinations while developing their binary options brokerage, FiNMAX is content with sticking to the tried and tested formula of a straightforward binary options service. The Binary Options market is a thriving industry, and brokers try to introduce new and innovative features that are designed to gain an edge in the competitive marketplace. Due to the ever-improving brokerage environment, traders these days have some of the most advanced binary options accounts and products that enable them to enjoy large profits than ever before.
FiNMAX, instead of trying out new concepts in binary trading, has taken all the accomplished products and services that are prevalent in the markets and added them to their brokerage account. As a result, what you get is a reasonably competent binary options account that cover all key aspects of binary options trading in an affordable package. Of course, not all is well with FiNMAX, as the broker has failed to address some of the pressing concerns that are relevant to its clients. In our FiNMAX binary options review, we give you a relatively transparent outline of what makes FiNMAX a good choice of a brokerage, and what are all the negative aspects that you should contemplate before opening an account.
Under first impressions, it is clear that FiNMAX has clearly understood all the primary requirements of traders. In fact, FiNMAX tries hard to display itself as a genuine binary options trading company, despite its humble beginnings in 2016. It was certainly refreshing to see that FiNMAX is located in the UK, with additional offices in Bulgaria, Cyprus, Australia, Canada, and Italy. The professionally designed website also leaves no stones unturned as to the commitment of the company towards ensuring complete transparency in its products and services.