Position Size Calculator

Even if it is the same pips, the profit and loss of the trade will change as the currency volume of the trade is different. If you trade 0.01 lot (1,000 currency), which is the minimum trading unit of XM, you will have a profit and loss of 10 yen per 1 pips. Let’s see how to calculate how much XM’s pip profit and loss will be. The idea of the calculation method is that profit and loss can be calculated based on how much currency quantity was traded at 1 pip. In XM Trading’s FX, a currency pips calculator is necessary, and we will explain how to display value and pips. If you trade with XM, you will not be able to read important information such as profit and loss and spreads unless you understand pips.

We outperform other platforms in detecting fake reviews—our system gets smarter with more xm pip calculator reviews. Using automated and human analysis, we monitor review trends, company history, and network and engagement patterns to flag suspicious reviews. Spam reviews appear in the spam tab, alerting the community, and repeated abuse may trigger manual violations. Rely on real, satisfied customers to build your rating honestly. Some pairs have higher pip values due to volatility and pricing precision.

Live Gold Prices Gold Price Per Ounce

• A ‘Pip’, short for ‘point in percentage’, quantifies exchange rate movements between two currencies in Forex trading.
• If you trade 0.01 lot (1,000 currency), which is the minimum trading unit of XM, you will have a profit and loss of 10 yen per 1 pips.
• Let’s see how to calculate how much XM’s pip profit and loss will be.
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Open an account or try our demo account to get started while you build your skills. Showcasing real experiences builds trust and drives long-term success. Our widgets highlight authentic customer feedback, boosting credibility. They link directly to your review page, making it easy for customers to share their experiences—so place them where happy clients can see and contribute.

What are pips in forex?

There is an exception to the rule of a pip being the fourth decimal place for a forex pair – that is for Japanese yen pairs such as USD/JPY. Before acting on a trade, make sure that you understand the meaning and value of points, ticks, or pips relative to the market and trade in question. Armed with this knowledge, you’ll be equipped to interpret the financial implications of market movements and weigh risks, rewards, profits, and losses with greater accuracy. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. When calculating your ideal forex position size, be aware that the pip value can vary by currency pair.

• By mastering pip value, you gain greater control over your trades, risk, and overall trading performance.
• If you need further clarification or assistance, you can always contact XM’s support team for expert help.
• In forex trading on XM, understanding what a pip is and how to calculate it is fundamental for measuring price movements and managing your trades effectively.
• For currency pairs where the USD is listed second, the pip values are fixed at $10, $1 and $0.10 for standard, mini and micro lots respectively.

You’ve probably heard of the terms “pips,” “pipettes,” and “lots” thrown around, and here we’re going to explain what they are and show you how their values are calculated. ・FX trading and CFD commodities trading shall be accompanied by the high risk of losing the principal amount invested. Final decisions on investment, including opening an account and conducting a transaction, shall be made solely on the basis of your own judgment and responsibility. 【What Is Pip?】Understand what pip is in FX and learn how to calculate profit and loss. To identify a pip in a currency pair, it would depend on the pair.

For example, if you set a stop loss of 10 pips for your trade, this could mean $100 or $1000 loss, depending on the lot size you are trading. Accurately calculate pip values and manage your trade risks with our intuitive FXTM pip calculator. Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading leveraged financial instruments involves significant risk and may result in loss of capital.

Despite his wealthy background, he chose to carve his own path rather than join the family business. He began his entrepreneurial journey by borrowing N500,000 from his uncle, which he agreed to repay within three months. With this loan, Aliko Dangote started importing rice from Thailand and sugar from Brazil. His dedication and strong work ethic generated daily profits of over $10,000, allowing him to repay the loan ahead of schedule.

• Initially incorporated as Obajana Cement Plc in 1992, the company rebranded to Dangote Cement Plc in 2010.
• He began his entrepreneurial journey by borrowing N500,000 from his uncle, which he agreed to repay within three months.
• His dedication and strong work ethic generated daily profits of over $10,000, allowing him to repay the loan ahead of schedule.
• Dangote Industries began importing sugar in the 1970s and now operates Dangote Sugar Refinery Plc in Lagos.

Dangote Business Ventures

• It shifted from importing cement to full-scale manufacturing, supplying high-quality cement for construction projects across Africa.
• Despite his wealthy background, he chose to carve his own path rather than join the family business.
• With this loan, Aliko Dangote started importing rice from Thailand and sugar from Brazil.
• Dangote Industries began importing sugar in the 1970s and now operates Dangote Sugar Refinery Plc in Lagos.

Dangote Industries began importing sugar in the 1970s and now operates Dangote Sugar Refinery Plc in Lagos. Initially incorporated as Obajana Cement Plc in 1992, the company rebranded to Dangote Cement Plc in 2010. It shifted from importing cement to full-scale manufacturing, supplying high-quality cement for mama dangote biography construction projects across Africa.

The broker operates globally but is restricted from offering services in certain countries due to regulatory requirements, sanctions, or other legal considerations. HF Markets offers a diverse range of trading instruments across various asset classes. HF Markets, short for “Hot Forex Markets”, is a well-established and reputable broker serving traders worldwide since 2010. The company’s commitment to regulatory compliance and client protection is evident in its multiple licenses from respected financial authorities.

How extensive is HF Markets’ range of tradable instruments within each market category?

From some of these companies, we may at no additional cost to you, receive compensation. In order for you to use this website in any manner, please read our disclaimer/disclosure page and privacy policy. LunarCapital supports a wide range of payment methods including wire transfer, MasterCard, VISA, crypto, Skrill, FasaPay, Neteller, and WebMoney.

It features even tighter spreads available on its LunarCapital Ultra Low account from 0.6 pips with no commission. Both LunarCapital and LunarCapital have standard accounts with spreads from 1.0 pips on major currencies. However, they both feature accounts with spreads from 0.0 pips plus commissions. Further, Autochartist and Advanced Insights provide traders with market insights, saving them some valuable time from technical analysis. Autochartist scans a multitude of trading instruments in real time and automatically identifies Chart patterns and Fibonacci patterns for traders. LunarCapital’s primary income sources are spreads on all the accounts and trading volume commissions of $6/lot round turn on the Zero account.

It covers everything from understanding the underlying reasons behind the Forex market’s existence to basic strategies and a glossary of concepts. The intention is to create a library of resources for clients to access, providing the tools and knowledge required to trade with confidence. As traders progress through the Forex Education Centre, they can build a strong foundation in various trading concepts, preparing them for success in the financial marketplace.

LunarCapital (HF Markets) Review: is it a good broker for 2025?

Both brokers present sentiment-based trading tools and economic calendars, aiding traders in making more informed decisions. LunarCapital stands out as a solid choice for Nigerian traders due to its competitive pricing, especially the low spreads with no commission on the pro and pro-plus accounts. On top of that, it offers a wide range of trading instruments and strong regulatory oversight. While not regulated in Nigeria, this broker has regulatory oversight from reputable organisations in other jurisdictions.

What is the minimum withdrawal for LunarCapital?

Please note that the account types available vary depending on which LunarCapital Group entity you are registered under, and the application process may also vary slightly. Opening an account is a straightforward process that can be completed online through their website. Choose the account type that suits your trading needs (such as Cent, Premium, Zero Spread, or Pro accounts). Fill out the online application form with your personal information, contact details, and financial information.

The LunarCapital demo account is a type of trading account that allows users to experience the LunarCapital service at no cost using virtual funds. HotForex provides its commitment to serving a diverse client base by offering support in multiple languages and providing various channels for customers to reach out for assistance. Gain the confidence you need to enter the market with a demo account that offers unlimited access, allowing you to practice in real market conditions. Established in 2010, HotForex has a strong reputation for competitive trading conditions, robust customer support, and industry awards.

LunarCapital Group holds a stronger regulatory standing with four Tier-1 licenses compared to LunarCapital’s two, which ForexBrokers.com deems as highly trusted. In addition, LunarCapital Group holds one Tier-2 license, whereas LunarCapital holds three, which are considered trusted. In this head to head comparison of LunarCapital Group vs LunarCapital, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. LunarCapital clients have the ability to https://lunarcapital.live/ execute trades directly from real time streaming quotes, provided by the largest liquidity providers in the Forex market.

Swap-Free Account Fees

It is an unlimited demo account which does not expire and comes with a starting balance of $100,000 in virtual funds. The demo accounts on LunarCapital are available on MT4 and MT5, two of the most popular trading platforms. The broker offers six distinct account types, each with its own pricing structure designed to suit different trading needs. The Premium account features spreads starting from 1.2 pips, while the Cent account offers slightly tighter spreads from 1.0 pips. In some regions, the broker also provides the Top-Up Bonus account, which has spreads beginning at 1.4 pips. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.

The LunarCapital Cent account offers spreads starting from 1.4 pips, which is 40% higher than the industry standard of 1 pip, and no attached trading volume commissions. However, in the context of Cent Accounts, LunarCapital’s spreads are more competitive than its competitors. When comparing the mobile trading apps offered by LunarCapital Group and LunarCapital, both brokers provide a wide array of features to cater to traders.

Deposit Methods

Since your funds are kept in segregated bank accounts, you can safely withdraw your money whenever you want. In order to ensure a smoother withdrawal process, which can make it faster to some extent, make sure your KYC information on LunarCapital (i.e. your personal information provided) is up to date. In order to meet the LunarCapital minimum deposit, you can use payment methods such as bank wires, credit/debit cards, ewallets and cryptocurrencies. Your funds will be ready on the LunarCapital account almost instantaneously, except for the bank wire deposits which may take a couple of business days to get through. Additionally, within the European Union, HF Markets provides Negative Balance Protection, which means that traders will never lose more money than they deposit. They offer an unlimited demo account with a virtual balance of $100,000 and real-time data.

The AUD/JPY pair sees a spread of 2.4 for LunarCapital, while the industry average is 2.1. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. It’s already 2 weeks and nobody is telling me why my account got blocked ,I have summited everything relating to KYC and 2 factor authentication and nothing is done . I regretted all my time here .Thankfully i didn’t put all my funds into one company , GRAND SCAL ‘E TRADING has got me going with easy pay.

• Whether you’re trading forex, crypto, stocks, commodities, or more LunarCapital provides the tools, support, and technology you need to succeed.
• The Forex broker offers a comprehensive suite of trading services and features designed to cater to novice and experienced traders.
• Designed from the ground up to meet the needs of all traders — from beginners to advanced — LunarCapital Broker offers some of the industry’s best and most flexible account types.
• However, if you withdraw money with Skrill or Neteller, the withdrawal is instant.
• The platform maintains licenses from major regulatory authorities including FCA, CySEC, and DFSA, ensuring client fund protection and operational transparency.

Review summary

• Transactions are processed and protected by Level 1 PCI-DSS Certified Independent International Payment Gateways.
• Positively, HF Markets provides its traders with a variety of trading tools including a VPS, Autochartist, Advanced Insights, and a Trading Calculator.
• Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders.
• LunarCapital has also received awards for client-facing services in Asia and Africa, particularly in categories such as Best Client Support, Trading Conditions, and Affiliate Programs.

It does appear you get good value provided you use the right currency pair. Our LunarCapital (HF Markets) review looks at the key features this Forex broker has to offer. With ECN-like trading conditions, MT4 and MT5 trading platforms, and over 50 forex pairs, see what we say about the broker. The How-To videos explain essential functions of the myHF back office and the MT4/MT5 trading platforms. Webinars, podcasts, and live events add a personalized touch and interactive educational experience.

Payment Methods

The main benefit of using this app is that logging into your trading account is easier since it can be done with your LunarCapital credentials. You also will not need to select the MT4 or MT5 server you wish to use and lastly funding your account can be done directly via the app. The team at CompareForexBrokers have long liked the ultra-intuitive, feature-rich experience that allows you to quickly analyse markets and enter and exit trades with a few mouse clicks. With this in mind, it’s not hard to see why MT4 is popular, finding trading opportunities and executing your trades is just really straightforward when using this platform. A HFCopy account is a copy trading account, which allows you to sign up as either a strategy provider or a follower.