What Is a Pip in Forex?
Understand pips, pipettes, price movement and how traders use pips to measure gains and losses.
Read GuideForex and CFD trading involves significant risk. This website provides educational information for eligible adults and does not provide financial advice.
Use these plain-language guides to understand forex terminology, trading costs, platforms, market mechanics and risk before comparing brokers or opening a live account.
Understand pips, pipettes, price movement and how traders use pips to measure gains and losses.
Read GuideA plain-language glossary of the most common forex terms new traders should know.
Read GuideLearn how bid-ask spreads are calculated and how spreads can affect trading costs.
Read GuideA practical comparison of forex and share trading, including markets, risks, hours and costs.
Read GuideUnderstand how leverage magnifies exposure, potential gains and potential losses.
Read GuideConvert major global forex sessions to South African Standard Time and understand overlap.
Read GuideExplore the economic and market factors that can influence the dollar-rand exchange rate.
Read GuideA balanced overview of leverage, volatility, liquidity, counterparty and behavioural risks.
Read GuideCompare practice trading with live trading and learn what a demo account cannot replicate.
Read GuideA due-diligence checklist covering regulation, costs, execution, support and account terms.
Read GuideUnderstand spreads, commissions, swaps, deposit fees and other possible broker charges.
Read GuideWhat negative balance protection means and why traders should confirm the exact account terms.
Read GuideLearn why an order can fill at a different price and what can increase slippage.
Read GuideCompare the two popular platforms across markets, tools, order types and account compatibility.
Read GuideOnce you know the basics, head over to Broker Reviews or the Comparisons page.