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The value of a pip depends on the currency pair, the exchange rate, and the size of the trade position (usually measured in lots). [5] If the U.S. dollar is the quote currency (the second of the pair), such as with the EUR/USD pair, the pip is fixed at .0001. In this case, the value of one pip is calculated by multiplying the lot size by 0.0001.
MetaTrader 4 Administrator - is designed to remotely manage the server settings. MetaTrader 4 Manager - designed to handle trade inquiries and manage customer accounts. MetaTrader 4 Data Center - a specialized proxy server and can be an intermediary between the server and client terminals. It reduces the price quote sending load on the main server.
Sometimes (especially in the case of forex robots) this may be shown as back-tested results; One-on-one coaching, or additional interaction with the signal provider such as comments, forum, etc. Account management whereby a subscriber's account can be traded by the signal provider; Educational resources either via the internet or phone
Reserve position in the IMF represents India's financial position in the IMF, which can also be utilized as reserve assets. Several factors affect the level of India's foreign exchange reserves, including a trade surplus (exports exceeding imports) contributes to reserve accumulation, while a trade deficit can lead to a decline in reserves.
For example, the euro sign € is based on ϵ, an archaic form of the Greek epsilon, to represent Europe; [4] the Indian rupee sign ₹ is a blend of the Latin letter 'R' with the Devanagari letter र ; [5] and the Russian Ruble sign ₽ is based on Р (the Cyrillic capital letter 'er').
An electronic trading platform being used at the Deutsche Börse.. In finance, an electronic trading platform, also known as an online trading platform, is a computer software program that can be used to place orders for financial products over a network with a financial intermediary.
If the rate is lower than 2.0000 on December 31 (say 1.9000), meaning that the dollar is stronger and the pound is weaker, then the option is exercised, allowing the owner to sell GBP at 2.0000 and immediately buy it back in the spot market at 1.9000, making a profit of (2.0000 GBPUSD − 1.9000 GBPUSD) × 1,000,000 GBP = 100,000 USD in the ...
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.