Beginners Education

What is Forex?

What is Forex?

Foreign exchange, or Forex for short, is the “place” where currencies are traded. Currency trading is the exchange of one type of currency for another. In the forex market, currencies are traded in pairs. When a trader buys a currency, he or she is selling another...

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What is a Pip?

What is a Pip?

A point in price – or pip for short – is a measure of the change in the exchange rate of a currency pair. It is the smallest unit of measurement we use when trading currencies. Most currency pairs are measured to five decimal places. For pairs such as EURUSD, GBPUSD a...

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What is a Bid Price/What is an Ask Price?

What is a Bid Price/What is an Ask Price?

The Bid price is the price a forex trader is willing to sell a currency pair for. Ask price is the price at which a trader will buy a currency pair. Both of these prices are given in real-time and are constantly updating. So for example, the British pound against the...

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What is Forex Spread?

What is Forex Spread?

A bid-ask spread is the amount by which the ask price surpasses the bid price for an asset in the market. Essentially a spread is the difference between the ask price and the bid price. In other words, it is the cost of trading. For instance, if the Euro to US dollar...

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Beginners Education

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Register with Pure Market Broker

Introducing Broker Program

MT4 is a standalone trading platform designed to help you automate your trading. While it is commonly associated with forex trading it can be used to trade other markets as well.

Pure Market Broker Trading Schedule

Please note the below trading schedule for Pure Market Broker’s FX and Index Swap products, covering the forthcoming global holidays.