The well-known online broker HotForex provides access to a range of financial markets, including currency, commodities, indices, and cryptocurrencies. Established to cater to traders of all experience levels, HotForex provides advanced trading platforms, diverse account types, and robust customer Read more
What Is Pip in Forex? Learn the Basics of Forex Trading
Forex trading revolves around the movement of currency pairs, and understanding these movements requires grasping key concepts like pips. A pip, short for “percentage in point,” is a crucial unit of measurement that tracks price changes in Forex. Whether Read more
What Is Lot in Forex? Calculate Lot Size Like a Pro
In Forex trading, understanding lot sizes is crucial to managing your trades effectively and minimizing risks. In commerce, a “lot” is a standardized unit of currency. Regardless of your level of experience, knowing the concept of lots can help Read more