Refreshingly simple & transparent online forex trading, free Practice Account & Beginner's Guide |
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| Install Pip Trader |
| Do I get a demo? |
| How to trade |
| • Make a trade |
| • Manage risk |
| • Analyse the market |
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Our Exit Order Promise
Pip Forex guarantees your orders will be filled at the price you set. We can do this because we have good relationships with our clearing house, and because we have simply chosen to provide our clients with the best trading conditions.
How to close a trade
You bought EURUSD at (1.3094) at a Pip Price of USD 10. The price has gone up since you bought, so now you want to sell and take your profits.
As you can see below. The Open price is 1.3094 (what you bought EURUSD for) and the Current price is shown next to it (1.3108). To close this trade and collect your profits, just click on the word “Close” to the far left of your open trade. That’s it.
Example
Currency pair
This is the pair of currencies, in this example Euros and US Dollars, that you buy or sell.
Buy or Sell
To buy EURUSD is to buy Euros with US Dollars, whereas to sell EURUSD is to sell Euros with US Dollars.
Pip Price
The Pip Price is always denominated in US Dollars. This means that if you decide to trade a Pip Price of 10, you are trading USD10 per pip movement.
Ready to trade Pip Forex? Then click here to open your account.
| Home | About | ||||
| Close a trade | |||||
| Related pages: Open a trade, Check your account, Take profit | |||||
Pip Forex is owned by Simray Holdings LLC, a company regulated by Norwegian law.
Risk Warning:
Forex trading (also known as foreign exchange or currency trading) contains risk. However, your risk is strictly limited to how much you have in your account. As a rule, you should only trade forex with money that you can afford to live without. Some people will be successful in their forex trading and some will not. So, you should consider your trading options and your budget before you start trading.
Pip Forex takes no responsibility for errors or inaccuracies in its materials, and accepts no liability for any damages, including monetary losses that may result from these materials. Online trading carries risk, which you must accept.
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Pip Forex 2008 - All Rights Reserved |
