A pip is the smallest measure of Price move used in Forex trading, and is normally the last digit of the exchange rate (in most cases, the fourth digit after the decimal point).
What are the Forex Market trading hours?

Weekly activity begins on Sunday at 22:00 hrs GMT and continues 24 hours a day until Friday, 21:00 hrs GMT.
Market activity hours may vary due to public holidays and seasonal time adjustments.
What is the validity of a transaction and what is an Automatic Rollover?

The option of automatic rollover allows investors to leave positions open for a self-determined period.
When a new position (spot or forward) opens, it has a default expiry (value) date.
At the end of the value date (server time), an automatic process rollovers all relevant open positions to the next spot value date (2 additional business days). All rollovers are performed at competitive rollover rates depending on which currency pairs are involved. During the rollover process, traders will either earn or pay away points depending on the interest rate differential between the two currencies.
The status of the automatic rollover can be modified on the AR field.
What is the required minimum deposit for online trading?

To start a new transaction and trade online, you need a minimum deposit of US$100. Minimum transaction size for a new account is US$5,000 (or the equivalent) with up to 400:1 leverage (default leverage may increase according to demand).

Posted by Anushka G at 6:02:00 PM