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LiteForex

January 30, 2019

LiteForex, How to calculate "Maximal deposit utilization rate"?

Maximum deposit load is the maximum value of the account deposit load parameter since its appearance in the Traders' Ranking. Deposit utilization rate is a percentage of an account’s equity used as a margin for opened orders. It’s ...

March 26, 2018

What is Fractional Pips or Points?

It is each broker's commitment to provide the traders with access to the best fixed spreads and execution methods, and this is why you may at times noticed additional smaller numbers at the end of a currency rate. These numbers are re...

March 26, 2018

How to calculate "Pip Value"?

In major pairs quoted against the US dollar, we calculate the value of a PIP as follows: The EURUSD has an exchange rate of 1.3130. If 1 pip = 0.0001, we divide 0.0001 by 1.3130. Which gives us a pip value of 0.0000761 Euros. Le...

March 17, 2018

What does "Pip" stand for? and How to calculate "Pip Value"?

Pip is the acronym for Price Interest Point, which is the smallest price move that a given exchange rate can make. Pip Value can be variable or fixed, depending on two factors: The currency pair traded, (for example: EUR/USD). ...

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