Successful Pip Forex traders can double or triple the size of their account balance in a few weeks. However, they do this by risking a lot too. We don't recommend that you start running such high risks to begin with.

Get your own practice account today and test your trading skills in a risk-free environment.

Here’s an example of how much you can make:

You start with 5,000 US dollars (USD 5,000) in your account.

Your first trade is on EURUSD (also referred to as Eurodollar). You're confident that this currency pair is going to go up in value (i.e. the value of the EURO will increase compared to the US DOLLAR), so you choose a Pip Price of 30 and then click BUY.

Because the BUY price is 4 pips more than the SELL price, if you were to close this trading position immediately, you would lose 4 pips. At 30 dollars per pip, that would have you down 120 dollars with an account balance of USD 4,880.

However, during the course of the day, the SELL price comes up 10 pips, so that means you're 6 pips in profit. You close your position by clicking SELL, and at 30 US dollars per pip, that puts you 180 US dollars in 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.