A forex broker is an individual or an institution who facilitates the buying and selling of foreign currency for you as a trader. We’re an example of a forex broker, as our platform acts as the ‘middleman’ that enables you to speculate on the value of a forex pair without actually having to buy any physical currencies. The regulator within co

The benefits of trading with a lower bid ask spread distance are obvious, but here is the list of reasons to open an account with a low-spread brokerage company: In order to really know which broker has lower spreads compared to the competition, we obtained average spread data for over 60 forex brokers and factored in any per-trade commissions to c

Pips are the foundation of measuring profits and losses in forex trading. They allow traders to determine the monetary value gained or lost in a trade. For example, let's consider a scenario where you decide to buy the EUR USD currency pair at 1.2000 and sell it at 1.2050. The difference between the buy and sell price is 50 pips. If you traded a st