The Traders-Trust Margin calculator allows you to perform critical margin calculations to open and hold a new position. The margin calculator is a fundamental tool that enables you to manage your trades properly as well as determine the size and leverage of the position that you shouldn’t exceed.
In FX trading a swap or rollover is the interest rate for holding positions overnight. The charge is based on the involved pairs interest rates and of course whether the positions held are long or short.
The word PIP stands for Point in Percentage. Simply a pip is defined by a movement up or down of the last decimal point in a price. It is the smallest amount by which a currency can change which is usually 0.0001. In plain terms if the EURUSD moves from 1.2250 to 1.2251, that 0.0001 USD rise in the pair is ONE pip.