Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 89.33% of retail investor accounts lose money when trading Online Forex/CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Scope Markets’ pip calculator is a tool that will help you calculate the value of a pip in the currency you intend to trade in. This way, you can determine whether the risk per trade is worth taking.
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