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XM

January 10, 2018

How to calculate profit/loss on Forex trading?

The method of calculating profit on Forex depends on the currency pair quote. If the base currency of the pair is USD, it is called the direct quote (e.g.USD/JPY, USD/CAD, USD/CHF). If USD is the counter currency, this is a currenc...

XM

January 9, 2018

How is the price/value of one point calculated?

For the currency pairs, where USD stands second (EURUSD), the price of one point is calculated the following way: 1 point = order volume × min change of the exchange rate(0.0001). For the currency pairs, where USD stands first (USDCHF)...

XM

January 8, 2018

How to calculate Profit/Loss and Margin Level on MT4 platform?

You can calculate profits or losses on your position by using the following formulas: For Buy Positions: Profit/Loss = Position Volume × (Close Price - Open Price) For Sell Positions: Profit/Loss = Position Volume × (Close Price - Op...

XM

January 8, 2018

What is pips on MT4/MT5 trading platforms?

Pip is the minimum quotation change. Pip is 0.0001 or 0.00001 for majority of the trading instruments with four or five digits after the point (for pairs with JPY - with two or three digits after the point) while in trading terminals...

IFC Markets

January 8, 2018

How to open IFC Markets Forex trading accounts?

How to open IFC Markets Forex trading accounts? Is IFC Markets a STP broker? Are my funds safe with this broker? What can you trade on IFC Markets' platforms? How to open IFC Markets Forex trading accounts? To open an account w...

IFC Markets

December 29, 2017

How much can I earn by becoming a partner?

Your profit completely depends on your activity. You will receive 10$ for each standard lot, opened and closed by your clients. But that’s not all – with the increase of your activity in attracting clients, the amount of commissi...

IFC Markets

December 29, 2017

Can I become a partner if I have a blog?

Yes, you can. There are numerous free sites in the network, where you can place information about IFC Markets. The broker will provide you with free advertising materials (banners, financial widgets, referral links, etc.) for attracting ...

IFC Markets

December 29, 2017

Must I trade by myself to become a partner?

To become the company Partner you do not need to trade, but you should open a real account in NetTradeX platform for the accrual of monthly commissions. However, knowing online trading technologies and how financial markets operate wi...

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