Forex trading terms on major and cross rates for %s accounts. Minimum deal size makes up 0.01 lots, minimum pip price totals USD 0.01, and margin is from USD 0.10.
* In some cases swap may differ from the specified values..
The table of trading instruments specifications contains the following information:
- Lot is a standard unit of measuring the volume of a trade opened by a trader.
- Spread is the difference between a buy (Bid) price and a sell (Ask) price.
- Pip is the minimum price change of the currency pair on the chart.
- Commission is the amount charged by the broker for conducting a trade.
- Swap is the difference in interest rates on loans denominated in different currencies that is credited to the account. It is also applied for leaving positions overnight.
- Buy-swap is a swap on a long position.
- Sell-swap is a swap on a short position.
- Margin is the amount of equity that is held by the broker as collateral for opening a trade. This sum can be used only after a trade is closed.
- Tick is the smallest possible price movement in either direction.
In addition to this, the table displays the current Buy and Sell quotes in the real-time mode.
To make your trading more successful, please do not forget to refer to this table from time to time. For this, you need to open an account which will take just a few minutes.