Calculating Pip Value in Different Forex Pairs



The offshore-based FX and CFDs broker ITRADER has three trading accounts. The accounts are called Silver, Gold, and Platinum. The brokers provide an Islamic account to Muslim traders that enable swap-free trade. In this ITRADER review, we will investigate this broker thoroughly and find out its offers and reality.


The offshore-based FX and CFDs broker ITRADER claim its inception in early 2012. The trading assets offered are 50 FX pairs, and CFDs on several commodities, indices, stocks. It offers traders a well-established MetaTrader trading terminal. The firm called Hoch Capital Limited manages the ITRADER trademark. The brokers claim its registration at the Cyprus Securities and Exchange Commission, Cyprus. The CySEC imposes many rules and regulations on the brokerage provider in its country. These are maintenance of 7,30,000 euros, and also advises brokers to segregate trading accounts. The broker also claims to offer Investor Compensation Fund to the traders. It helps traders to avoid loss and scam. Also; all the brokerage providers under CySEC are entitled to MiFID compliance. It enables brokers to perform cross border business in the EU.
The initial investment needed to open an account with ITRADER is 250 USD. The initial deposits are according to the current market situation. However, many regulated brokers offer the same services at 5 USD.
The trade at ITRADER is commission-free. The spreads provided according to the types of accounts. The spread on the Silver account is at 2.2 pips, Gold account at 1.3 pips, and Platinum account at 0.7 pips on significant FX pair of EUUSD. The spread of 0.7 is profitable, but it requires a higher initial deposition. The offered leverages are in between 1:200 to 1:500. The provided leverages are according to the current market value but can make colossal profit or loss.
The broker offers to trade on versatile and easy to use a trading platform MetaTrader. It is available on all operating systems like iOS, Android, and Windows. MT is the top-rated trading platforms. ITRADER offers Virtual Private Server to its traders for extra security in FX and CFDs trade.
Many payment gateways manage the payment funding and withdrawal of profits. They are cards, and bank transfers are few to mention. Unfortunately, Skrill and Neteller not provided.

Is ITRADER scam or legit?

ITRADER is a regulated and licensed FX broker by CySEC. The trading conditions offered are higher. The trading platform provided is MetaTrader and is a good sign. However, offshore nature is worrisome. ITRADER may be a potential forex scam broker.
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What is pip and spread Get Your Pip Value Calculator (Free) - YouTube 500+ Pips Monthly EUR USD / GBP USD Free Forex Strategy In URDU / Hindi By Tani Forex Forex Basics - Lot Sizes, Risk vs. Reward, Counting Pips ... HOW TO ALWAYS WIN in FOREX TRADING - YouTube Episode 88: How To Calculate Pips and Pip Value in Forex ... FOREX TRADING - HOW TO COUNT THE PIPS & CALCULATE ... Lesson 7: What is a pip worth in forex? Trade sizes and ... HOW TO CALCULATE PIPS, PROFIT & PIP VALUE IN FOREX TRADING ... AMAZING 1100 PIP TRADE ON USD/ZAR PAIR UPDATE LIVE TRADE ALERT FOREX TRADING FOREX LIFE

For a EUR/USD position, for example, the pip value is in USD (.0001 USD). However, for USD/EUR, the pip value is .0001 EUR. If the conversion rate from Euros to Dollars is 1.45, then a Euro pip ... 0.3 pip (EUR/USD) 0.7 pip (GBP/USD) 0.7 pip (USD/JPY) 1.9 pip (EUR/USD) 3.1 pip (GBP/USD) 2.7 pip (USD/JPY) COMMISSIONS. $3.5 / full round lot. NO: LEVERAGE (max) 300:1: 300:1: PLATFORMS. JForex, WebTrader, JavaTrader, API. SWFX Market; MT4, MAM. Trade servers NY4 (New York) LIQUIDITY. 20+ Banks {Barclays, CurreneX, Deutsche Bank, JP Morgan ... Assume that we have a USD/EUR direct quote of 0.7747. What this quote means is that for US$1, you can buy about 0.7747 euros. If there was a one-pip increase in this quote (to 0.7748), the value ... What Is A PIP In The FOREX Market? When a currency moves (upward or downward) against another, the pair gains or loses “PIPs”. A PIP or Percentage In Point is the smallest price change. Let’s say that the EUR/USD moves from $1.1868 to $1.1869, it means that the pair rose by 0.001 $ in value, or 1 PIP. A PIP is usually the last decimal of a quotation – the 4 th decimal with most ... A pip is usually the last decimal place of a price quote. If EUR/USD moves from 1.1070 to 1.1071, that .0001 USD rise in value is one pip. Pip is the acronym for Price Interest Point, which is the smallest price move that a given exchange rate can make. Example: Trading 1 lot of EUR/USD with an account denominated in GBP One pip = 0.0001 Exchange rate (USD/GBP) = 0.6548 1 lot = 100 000 Pip Value = 0.0001 * 0.6548 * 100000 = 6.548 Each pip costs of £6.55 In foreign exchange (forex) trading, pip value can be a confusing topic.A pip is a unit of measurement for currency movement and is the fourth decimal place in most currency pairs. For example, if the EUR/USD moves from 1.1015 to 1.1016, that's a one pip movement. Most brokers provide fractional pip pricing, so you'll also see a fifth decimal place such as in 1.10165, where the 5 is equal to ...

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What is pip and spread

Free Training: 3 - Part Reversal Series - EAP Training Program - - More videos about pr... Download your Pip Value Calculator here...: 👇 SUBSCRIBE TO RAYNER'S YOUTUBE CHANNEL NOW 👇 https://www... Get more information about IG US by visiting their website: Get my trading strategies here: C... When you open a trade on the Forex Market, the numbers on the screen will start to change. You need to be able to count the price units also known as PIPS, i... This video will explain in detail THE SIMPLE WAY to convert Lot Sizes, how Risk vs. Reward works, and also how to count Pips. These are the fundamentals of t... 2 Forex Trading Strategy Free Strategy Work on 2 Pairs EUR USD And GBP USD . Daily just one Trade And Take Profit 50 Pips. 2018 Tani Forex Strategy Free. htt... I get asked this question a lot from traders; how do you calculate pips and pip value? Today, I will show you the different pip values and how to calculate t... AMAZING 1100 PIP TRADE ON USD/ZAR PAIR UPDATE LIVE TRADE ALERT FOREX TRADING FOREX LIFE ... HOW TO CALCULATE PIPS, PROFIT & PIP VALUE IN FOREX TRADING (FORMULA & EXAMPLES) - Duration: 10:37. Karen ... What is a pip? A pip is a number value. In the Forex market, the value of currency is given in pips. One pip equals 0.0001, two pips equals 0.0002, three pips equals 0.0003 and so on. How to calculate pips in forex trading? A lot of people are confused about pips forex meaning and the forex trading pip value. You need the value per pip to ...