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A selection of FX pairs with low spreads starting at 0.6 pips on EUR/USD
Metals, energies and soft commodities with gold from 0.5pts
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Find out some of our other markets including ETFs and Bonds.
Pip Value can be variable or fixed, depending on two factors:
1. The currency pair traded, (for example: EUR/USD).
2. The base currency, (for example: EUR of the EUR/USD currency pair is the measuring currency).
To calculate pip value, divide one pip (usually 0.0001) by the current market value of the forex pair. Then, multiply that figure by your lot size, which is the number of base units that you are trading. This means that the value of a pip will be different between currency pairs, due to the variations in exchange rates.
To open one of the above orders, select your direction (Buy or Sell) and from the New Order window, follow up by clicking on the ‘Advanced’ option.
If you have selected Buy, you will be allowed to place a Buy Limit or Buy Stop Order. If you have selected Sell, you will be allowed to place a Sell Limit or Sell Stop Order.
Market Order refers to an order to Buy or Sell at the currently quoted market “ask” or “bid” prices.
Pending Orders are only initiated and automatically opened if your specified market prices are reached. Entry orders come in two forms: Entry Limit Orders and Entry Stop Orders.
An Entry limit order is an order to buy (or sell) at a specified price which is better than the current market price at the time the order is entered. An Entry Stop order is an order to buy (or sell) at a specified price which is worse than the current market price at the time the order is entered.