WILL_FX ASSIGNMENT

@ekeswilly - 1 hour ago - Forex Education

The differences between standard and raw account:

A Standard forex account has zero commission charge and their spread start ASAP low as 1.0 pip which is best for beginners, casual traders and long term swing-traders

while Raw forex account has a commission of $3 charge and with their spread as low as 0.00 pip, which is best for scalpers, day traders and algorithm trader.

@ekeswilly - 49 minutes ago

"BID" and "ASK" line for NATGAS, BRENT OIL, COCOA, COPPER, and TRUMP COIN.

@ekeswilly - 36 minutes ago

Question: if EUR/USD moves 50pips on a 0.09 lot size, how much will you make in naira.

We are looking at a EUR/USD trade using a 0.09 lot size which is just 9 micro lots aiming for a 50-pip move, but since our broker sets the value of 1 micro lot at ₦133 per pip, we simply multiply it up by our 9 lots to get ₦1,197 for every pip the market moves. If the trade hits our 50-pip target, we will make a total profit of ₦59,850.