Calculating the forex spread for a currency deal The foreign exchange (abbreviated as forex) market is the largest financial market, and there are many companies, traders, and dealers who are...
Category: Forex Glossary
Companies and investors face different kinds of risks that affect their profit or returns on their investment. What is the systematic risk? Systematic risk is the risk caused due to...
Bid and ask meaning in forex Bid and ask price represent the best price at which a security can be sold and/or bought at the current time. In simple words, the "bid" price is for the buying side,...
The interest rate differential has been defined as the difference in the interest rates for each of the two currencies in the currency pair. Each currency has its own interest rate, and the...
What is tp in trading? Take profit or tp is a pending order placed to close a profitable position once the market reaches a specific price. Take profit order allows the trader to set a predefined...
What is a forex account? A forex account is an online platform account used for holding and trading forex currencies. A trader will usually open a forex account at the preferred broker, deposit...
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