Pure Market Broker

31/05/2023

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31/05/2023

Pip is the unit of measurement to express the change in value between two currencies is called a “pip.”

If EUR/USD moves from 1.1050 to 1.1051, that .0001 USD rise in value is ONE PIP.

A pip is usually the last decimal place of a price quote.

Most pairs go out to 4 decimal places, but there are some exceptions like Japanese yen pairs (they go out to two decimal places).

For example, for EUR/USD, it is 0.0001, and for USD/JPY, it is 0.01.

24/04/2023

The European Parliament Adopts Crypto-Focused MiCA Legislation!
https://m.youtube.com/watch?v=7NuUEC-7Pq8
Styliana Charalambous

20/03/2023

https://m.youtube.com/watch?v=H366H_QHV70
Styliana Charalambous

22/02/2023

Leverage is, in essence, borrowed money from within a trading account. Trading with leverage allows a trader to open a position with a high contract size with less expenditure.

High leveraged trading is an effective way to trade your favorite Forex pairs, Cryptocurrencies and much more without investing vast amounts of capital.

Let's use a popular Forex pair as a case study and use GBP/USD

Based on a contract size of 100,000 per lot a trader without using leverage would need around $130,000.00.

130,000 / 500 = $260

Using 1:500 leverage, a trader can open a position with just $260.00.

The trader is now controlling $130,000 with just $260

Trade with Pure Market Broker https://puremarketbroker.com/

22/02/2023

There are 180 recognized currencies in circulation being used in 195 countries. As traders, we can speculate on the performance of a certain currency by using a range of analysis and research to determine how that currency will perform in the marketplace.

How we trade these currencies is based on one currency's performance against another - Forex Trading.

When selecting a currency to trade, you will notice that these come in pairs. Let us use EUR/USD as a case study.

If you were to ‘buy’ EUR against USD, you would be betting that the Euro is going to perform more strongly than the US Dollar.

Pairs are categorized into 3 core groups:

Major Pairs - The 8 common pairs all of which contain USD as the base currency or counter currency and one of the following - EUR, CAD, GBP, CHF, JPY, AUD, NZD.

Cross Pairs - These are any 2 major currencies which do not contain the US Dollar as the base or counter currency. These are deemed more volatile than Major Pairs.

Examples include GBP/AUD, EUR/CAD, and NZD/CAD to name a few.

Exotics - These are quite literally exotic currencies, lesser well-known currencies which can be extremely volatile in the market. These include South African Rand, Hungarian Forint and Polish Zloty.

Start Trading: https://puremarketbroker.com/

28/11/2022

Financial Markets News 28 November
By our Head of Investments & Market Research Styliana Charalambous

Financial Markets News 28 NovemberBy our Head of Investments & Market Research Styliana charalambous #...

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Financial Markets News 14 November
By our Head of Investments & Market Research Styliana Charalambous

Financial Markets News 14 NovemberBy our Head of Investments & Market Research Styliana Charalambous #...

11/11/2022

What happened to FTX? Here’s what you need to know
By our Head of Investments & Market Research Styliana Charalambous

What happened to FTX? Here’s what you need to knowBy our Head of Investments & Market Research Styliana Charalambous #...