What is a Lot in Forex? In forex trading, a lot refers to a standardized unit of measurement for the transaction size of a particular currency pair. Lot size is generally expressed in terms of the ...

Trading foreign currency can be rewarding. At the same time, it can be confusing, especially for beginners. You must be familiar with different terms and concepts. Among others, one thing you should ...

In trading, a ‘pip’ is a very small price movement. The term is short for ‘percentage in point’. Traditionally, a pip is essentially the smallest move that a currency could make in forex trading. It ...