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LHFX Academy

How trading works

Price a round turn and know what one pip of a given lot size is worth before you place an order.

4 lessons · about 32 minutes · 200 points

Start the first lesson

Every lesson in the course

  1. 01

    Understanding bid and ask quotes

    Bid, ask, and which one your order actually fills at.

    6 min

  2. 02

    Spread and commission are your real cost

    Price the round turn on a real quote before the market moves.

    9 min

  3. 03

    Pip value in your account currency

    What one pip is worth in the currency your account holds, and why it differs by pair.

    9 min

  4. 04

    Lots and contract size

    Turn a money risk into a number of lots, and read the trap in the fifth digit.

    8 min

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