Now that we know what a pip is, we know that it is just a teeny amount, so you need to trade a LOT for these tiny PIPs to really make a difference.
‘Leveraging lets you magnify your profit potential, at the risk of greater losses, through allowing you to control a relatively large asset for a fraction of its cost’
Example: 3.33% margin deposit means you are trading 30 times leverage, for example;
Buying 1 lot of GBP/USD @ 1.31971 with a margin requirement of 3.33% will cost you $4,394.63.
The margin requirement means that you can trade a volume of $100,000 in the market.
Risk Warning: Contracts for Difference (CFDs) trading carries a high level of risk to your capital and can result in losses, you should only trade with money you can afford to lose. CFDs trading may not be suitable for all investors, please ensure that you fully understand the risks involved and take appropriate measures to manage them. Please read the relevant Risk Disclosure document carefully, available here: Legal Documentation.
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