Basic Properties of Forex Trading

1
Basic Properties of Forex Trading

• Presented byThe Forex Secret

2
List of Properties

• Currency Pair
• Exchange Rate
• Pip
• Ask Price
• Bid Price
• Spread
• Margin

3
Currency Pair
The quotation of two different currencies, with
the value of one currency being quoted against
the other
4
Exchange Rate
The buying or selling price of one currency in
terms of another currency.
5
Pip
Represents a tiny measure of the change in a
currency pair in the forex market.
6
Ask Price
Ask price is the price a trader will buy a
currency pair at
7
Bid Price
Bid price is the price a forex trader is willing
to sell a currency pair for
8
Spread
Simply defined as the price difference between
where a trader may purchase or sell an underlying
asset
9
Margin
Margin is the amount of money required to open or
maintain a position
10
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