Education

A short shelf, written here.

4 primers are live. The rest of the library is listed so the shape is visible, and left unwritten rather than filled with borrowed lessons.

Beginner4 min

What a pip actually is

A pip is a price increment, not a feeling about volatility. The money it represents depends on the pair, the contract and the account currency.

Beginner4 min

A raw spread with a commission can cost more than a wider spread with no commission. Compare the round turn, not the headline.

Intermediate5 min

Thirty-to-one means the margin is one thirtieth of the position. The market does not become safer because a regulator capped the ratio.

Beginner5 min

A brand is not a legal entity. The account is held by one company, supervised by one regulator, under one number.