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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Weekly Market News September 6

Weekly Market News September 6

Weekly Market News by Styliana Charalambous – Head of Investments & Market Research at Pure Market Broker of Pure Fintech Group.

Register with Pure Market Broker

Weekly Market News Aug 23, 2021

Weekly Market News by Styliana Charalambous – Head of Investments & Market Research at Pure Market Broker of Pure Fintech Group.

Weekly Market News Aug 16, 2021

Weekly Market News by Styliana Charalambous – Head of Investments & Market Research at Pure Market Broker of Pure Fintech Group.

What is Forex and how does it work?

Forex market has became increasingly popular in the recent years as we see more and more individuals to get involved and trade in the foreign exchange market.