In the currency market the slightest price change is called a “pip”. “Pip” means ”Price Interest Point”. In general, the 1 pip change expresses the change in the fourth decimal (0.0001).
Example: The rise of a currency price from 1.3450 to 1.3453 expresses an increase in 3 pips.
At FOREX the spread or the operation cost is also measured in pips. The change of the 5th number after the comma in a currency price is called “point”.
Example: Price increase from 1.34528 to 1.34572 expresses the rise in 44 points or 4.4 pips.
We invite you to meet Mekness investment world. You can follow the steps below to be an online investor with us.
You can fill the free demo account form on the side to open an unreal account and try the market without any risk.
You can apply to open a real account to enter the world of investment.
After depositing the initial investment you can easily start to trade.
LEGAL: This website is operated by Mekness Limited Registration No: LL18868. | NFA ID: 0563092
Registered Address: Lot No. 20, Level 1, Lazenda Commercial Centre Phase 3, Jalan OKK Abdullah, 87000 Federal Territory of Labuan, Malaysia
Operational Address: office number 202, Blue Tower Sheikh Zayed Road UAE Contact: +971 43 88 4268 |
Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss
of your invested capital. Your capital is at risk. Leveraged products may not be suitable for everyone.
Restricted Regions: Mekness does not offer its services to residents of certain jurisdictions such as USA, Canada, Japan, Iran, Federal Territory Labuan Malaysia, Cuba, Sudan, Syria and North Korea.