Forex trading platform tutorial

What is a pip? A pip is short for percentage in point. A pip measures the minimum price move in the exchange rate of a currency pair. Pips are used to measure the bid-ask spread. For most currency pairs, which are priced out to four decimal places, a pip is 0. Some currency pairs are priced out to two decimal places, so one pip for them is 0.

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We also offer our traders fractional pips called pipettes. One pipette is 0. What is a swap? If traders hold their positions open overnight with the intent to forward them to the next delivery day, they will have to pay a swap. A swap is an interest charge that a trader has to pay to a broker for holding positions overnight.


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Check which charges and fees are applied to each trading instrument. Show More. Why IQ Option. Free Unlimited Practice Account. Our friendly Support is always ready to help you in your Language - average response time is 1 minute. Try Other Products for Free.


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Determine the probabilities of future price events with the most dynamic financial instrument. CFD Stocks.

Basic tutorial of the Forex MetaTrader 4 Platform (Part 1)---The very beginning-Part 1

Trade CFDs on stocks of leading companies and industry giants without actually owning them. Trade CFDs on popular digital currencies with leverage.

Trading Platform Overview

Speculate on CFDs on hard or soft commodities like gold, silver, oils, and grains. Diversify your trading with CFDs on the exchange-traded funds, where multiple assets are gathered in one basket.


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  6. Select from a list of CFDs on widely traded indices representing a particular market sector or national economy. Home Scroll to Top. You are granted limited non-exclusive non-transferable rights to use the IP provided on this website for personal and non-commercial purposes in relation to the services offered on the Website only. Risk Warning.

    Web Trading Walkthrough

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. How to customise layouts and profiles How to place trades and orders How to trade instantly from the charts An introduction to Advantage Trader Customising the platform How to place a trade from the dealing quote window How to place a stop or limit order Trading directly from charts How to create market price alerts Steven Hatzakis , Blain Reinkensmeyer February 3rd, The ForexBrokers. With over 50, words of research across the site, we spend hundreds of hours testing forex brokers each year.

    How we test. The best forex brokers for beginners offer three essential benefits. The first, and most important, they are a regulated and trusted brand that offers a user-friendly web-based platform. Second, they provide a strong variety of educational resources.

    MetaTrader 4 ‘How To’ Guide

    Third, they provide access to quality market research. In our review of forex and CFD broker offerings, we spent endless hours opening demo accounts, navigating forex platforms, conducting market research, testing website usability, as well as watching educational videos and webinars.

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Forex trading is the process of exchanging one currency for another, known as buying or selling currency pairs, based on prevailing exchange rates from the forex market.

    When it comes to trading foreign currency, you use a forex broker, also known as a currency trading broker, to place your trades.

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    When you trade forex, you buy or sell in currency pairs, e. You open an account, deposit funds, then use the broker's trading platform to buy and sell currency using margin. The forex markets are open 24 hours a day, five days a week. Best for beginners overall Plus is a trusted global brand that offers online traders an easy-to-use trading platform and a thorough selection of CFD instruments.

    However, Plus trails industry leaders in market research and advanced trading tools desired by active traders.

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    Disclosure: A trading platform recommended for beginners does not make it easy to make money. Trading is risky. Excellent education, most trusted Regulated and trusted across the globe, IG offers traders the ultimate package of excellent trading and research tools, industry-leading education, competitive pricing, and an extensive list of tradeable products.

    This fantastic all-round experience makes IG the best overall broker in