FAQS
What is a swap in forex trading?
A swap is the interest paid or earned for holding a trade overnight. It depends on the interest rate differential between the two currencies in the pair.
What is a swap in forex trading?
A swap is the interest paid or earned for holding a trade overnight. It depends on the interest rate differential between the two currencies in the pair.
Do I have to pay taxes on forex trading profits?
Yes, forex trading profits are taxable in most countries, though tax rates and rules vary. Consult a tax professional.
Do I have to pay taxes on forex trading profits?
Yes, forex trading profits are taxable in most countries, though tax rates and rules vary. Consult a tax professional.
What is a market order?
A market order is executed immediately at the current market price. It guarantees execution but not the price, which may change in fast-moving markets.
What is a market order?
A market order is executed immediately at the current market price. It guarantees execution but not the price, which may change in fast-moving markets.
What is a limit order in forex?
A limit order executes a trade at a specific price or better. Example: If EUR/USD is at 1.1000 and you set a buy limit order at 1.0950, the trade will...
What is a limit order in forex?
A limit order executes a trade at a specific price or better. Example: If EUR/USD is at 1.1000 and you set a buy limit order at 1.0950, the trade will...
What is a take-profit order?
A take-profit order automatically closes a trade at a pre-set profit level. Example: If you buy GBP/USD at 1.2500 and set take-profit at 1.2600, your trade closes when the price...
What is a take-profit order?
A take-profit order automatically closes a trade at a pre-set profit level. Example: If you buy GBP/USD at 1.2500 and set take-profit at 1.2600, your trade closes when the price...
What is a stop-loss order?
A stop-loss order automatically closes a trade at a pre-set price to limit losses. Example: If you buy EUR/USD at 1.1000 and set a stop-loss at 1.0950, your trade will...
What is a stop-loss order?
A stop-loss order automatically closes a trade at a pre-set price to limit losses. Example: If you buy EUR/USD at 1.1000 and set a stop-loss at 1.0950, your trade will...