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When your trade is positive in pips, you www forex rate are making a profit. A 175,000 trade involving the AUD/NZD pair is closed.2703 after loosing 17 pips. Refer to our legal section here. Oanda (Canada) Corporation ULC accounts are available to anyone with a Canadian bank account. Assuming that this USD/JPY trade is the only position you have open in your account, you would have to maintain your accounts equity (absolute value of your trading account) of at least 1,000 at all times in order to be allowed to keep the trade. What the heck is leverage? Leverage trading is high risk and not for everyone. Your capital is at risk. If the above circumstances were the same except that you sold at 106.00 (a 20-pip decrease you would lose.80. Forex it can be easy to overlook the value and importance of " pips.
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