Author name: 2routes

Leverage in forex trading is like using a magnifying glass for your money. It allows you to control a larger […]

In forex trading, a “lot” refers to a standardized unit that measures the size of a trade. It essentially tells

The spread in forex trading is the difference between the bid and ask price of a currency pair. Here’s a

In forex trading, a pip (short for “percentage in point” or “price interest point”) is a standardized unit used to

Exotic currency pairs tend to have lower liquidity compared to major pairs. However, some exotics are more actively traded than

A cross currency pair, refers to a currency pair that doesn’t involve the US dollar (USD). Here’s a breakdown: Traders

Major currency pairs are the most widely traded pairs in the foreign exchange market (forex). They are characterized by high

Forex, also called foreign exchange or FX, is the vast global marketplace where participants trade currencies. It’s the most actively