Ok i learning how the broker is making the money by adding pips between each other.
Example loss between 1.0812 and 1.0810 = 2 PIPS , so 2 PIPS is added to right (Buyer) and 2 PIPS is reduce at left (Seller)
So i have came across the example made by them.
Buy @ 1.0596
Sell @ 1.0594
So 2 PIPS is added/reduce on right and left respectively,
And he said the broker makes $20? And i am wondering how is it $20?
1 standard lot = $10 per pip
0.10 mini lot = $1 per pip
0.01 micro lot = $0.10 per pip
I thought the broker will make only $2?
Seriously which lot size did he use? and why he use standard lot size?