What is a Pip, Point, and Spread in Forex?
What is a Pip, Point, and Spread in Forex? The foreign exchange (Forex) market is one of the largest and most liquid financial markets in the world, where currencies are traded 24 hours a day, five days a week. To trade successfully, it’s essential to understand the basic units that measure price movements — pips, points, and spreads. These concepts form the foundation of how...
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