What are Crosses?

What are Crosses?

Crosses is the label given to currency pairs that do not involve the USD (Us Dollar). Some of the most traded Crosses include the Euro Japanese Yen which is represented by EURJPY, New Zealand Dollar Japanese Yen which is represented by NZDJPY, British Pound Japanese...
What Is Margin?

What Is Margin?

Since we have covered Leverage and how Leverage works in Forex, let’s take a look at Margin. Margin is the amount of funds that the broker requires from the trader as collateral, in order to open a specific position of volume based on the leverage that the...