PU Prime App
Exclusive deals on mobile
PU Prime App
Exclusive deals on mobile
Hold The Global Markets In Your Hands
Our trading mobile app is compatible with most smart devices. Download the App now and start trading with PU Prime on any device, anytime and anywhere.
28 December 2020,06:26
What is Forex
28 December 2020, 06:26
You’ve probably heard them a million times; “PIPs” and “LOTs” may be little but in the trading world they’re a BIG thing. You won’t understand trading until you understand them.
What the pip!？
PIP stands for “percentage in point” and is the smallest possible increment in a quote.
Example: GBP/USD has a rate of 1.5696 a PIP here would be 0.0001.
USD/JPY has a rate of 123.45 a PIP here would be 0.01.
So a PIP is essentially the last decimal place of quotation, most currency pairs will have a PIP being equal to 0.0001 as they are usually quoted to 4 decimal places. This isn’t always the case however, as we can see from the example above.
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
PU Prime App - Start Trading with an Edge
Risk Warning: Contracts for Difference (CFDs) trading carries a high level of risk to your capital and can result in losses, you should only trade with money you can afford to lose. CFDs trading may not be suitable for all investors, please ensure that you fully understand the risks involved and take appropriate measures to manage them. Please read the relevant Risk Disclosure document carefully, available here: Legal Documentation.
PU Prime is a business name of PU Prime LLC. PU Prime LLC is registered in St. Vincent and the Grenadines with registration number: 271 LLC 2020, registered office at 1 Floor, First St Vincent Bank Building, James Street, Kingstown, St. Vincent and the Grenadines.
The information on this website is not directed to residents of certain jurisdictions such as the United States, Singapore, Australia, China, and some other regions, and is not intended for distribution to, or use by, any person in any countries or jurisdictions where such distribution or use would be contrary to local law or regulation.
Copyright © 2024 PU Prime.
