What are Pips, Lots, and Leverage in Forex Trading?

If you’re new to forex trading, you’ve probably encountered terms like pips, lots, and leverage that don’t seem very clear at first. Don’t worry—you’re not alone. These three concepts are fundamental to understanding how forex trading actually works, and once you grasp them, the entire trading world becomes much clearer. Think of these terms as … What are Pips, Lots, and Leverage in Forex Trading?

