FAQ

Forex FaQ means Frequestly Ask Question of Forex.In the following FAQ, you will find almost all the question answer about Daily Pips Signal

The Foreign exchange market is popularly known as forex or fx. It’s a huge market with 6 trillion Dollars traded every day.

Unless other market forex market is 24 hours open. The Forex day starts in Sydney and moves around the globe first to Tokyo, then London, then New York.

Forex signals is forex market movement alerts. In other word it can be called as buy or sell alert.

To purchase and receive our signal alerts you have to follow the following steps:-

(a) Get resistered/Sign Up

(b) Sign In

(c) Select your package

(d) Make payment

Usually you package is activated instantly. Sometimes it may take up to 24 hours to activate and configure our signal. However in the meantime your will receive a confirmation mail of receiving your payment. If you purchase our signal on the weekend, it will be activated before the next business day.

Yes, we provide forex signals by sms to the mobile phones of the subscribers. SMS are available for Standard, premium and Premium plus Subscribers.

We provide signal on major currency pairs as (EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD).We may also provide other pairs signal to the clients as special offer, promotional offer or recovery signal.

Daily Pips Signal usually provides 2 – 6 signals on every business day. Sometimes depending on market movement we may provide less or more signal. However, we notify our subscribers about that before.

Pips usually depend on market movement. It may vary one day to other. Usually we are able to provide 30 -90 Pips on every business day. On our good day we may provide more than what we say.

We provide signals in suitable times considering market condition that covers almost all the session. Usually provide signal around GMT 4.00AM to GMT 8 PM based on the subscribers session.

Our forex signals are supported by all mt4 trading platform. So we do not recommend any specific broker house. But you should look for reputed forex brokers for flexible and reliable trading.

We are always reliable and consistent in our service. We do not renew any package automatically. After the subscription period is over our traders need to purchase package again. Keep in mind you cannot purchase trial package more than once.

Market lot depends on volume. In this case we have no suggestion. For more profit volume should be more. After purchasing our package you will give a suggestion regarding volume and lot management.

Please make sure that your email and SMS no is correct. You will receive confirmation mail by email. If your mobile no and email are correct, you must receive email and SMS. If happens otherwise, please contact support@dailypipssignal.com.
Please check your spam/junk folder as confirmation mail letter contains a link and can be filtered as spam. In this case select that mail and change it NOT SPAM for receiving next mail to inbox.

We are always careful about security. For this reason you yourself cannot change your phone no or email. If you need to change your email please mail to our support Center.

We accept PayPal, Money Booker, Perfect Money, Payza, Neteller, Webmoney, Solid Trust Pay, Ego Pay, Ok Pay, Visa, Master Card Bank Wire. In case of Bank wire, Master Card, Visa card, contact with support department support@dailypipssignal.com

Neteller and STP, is supported manually.You need to contact with support department to make payment with this gateways

We have available signal packages. From the user flexibility premium package is most popular

The following terms are short form. TR= Trading Range, TP= Take Profit, SL = Stop Loss.

Long position means buying currency in one position and selling them in higher price. Short position is just opposite of it

We are always careful about gaining profit. Our signals may be market order or pending order. Our daily signals are basically market order.

Our all signals average stop loss is 30 to 50 pips. We are always up to date and send each and every updates to our clients. So our subscribers are always safe.

Our forex signals are generated and provided by our professional team with years of experience. So we have less loss. To avoid loss we may even close our trade before they reach desired position. If we lose in one trade, our team recovers it in another trade. We may even recover bad day’s loss at other days

We always encourage our trader to learn strategy and provide guideline upon query of the subscribers. By following our signal our traders may also develop their own strategy.

The risks can be high but also controllable. Forex traders around the world are competing against other forex traders, banks, and institutional traders who are seeking the same potential rewards from their own trading activities. Money management, discipline, talent, and a lack of emotion are traits you will want to develop in FOREX trading. But remember, FOREX Trading is speculative and any capital used should be risk capital. In fact, there are many ways to avoid high Forex risks, but the primary tools used by most traders are stop losses, take profits, and limit orders. Using these tools, you can minimize your risks while maximizing your potential for profits.

The spread is the amount of pips between the bidding price and the asking price is called the spread. The spread is what forex brokers use to make money on every forex trade placed through their network . As example, the forex broker may be paying a price of 1.3500 for buying or selling. The broker will then allow you to buy the currency for 1.3501 or sell it for 1.3499. The spread always stays around the actual price that the forex broker is paying. So when you buy, you get one end of the spread and when you sell you get the other end of it, and vice versa. By the time you close your trade, you will have always paid the spread. Spread depends on the broker houses and Daily Pips Signal does not have any say regarding spread it solely depends on market and broker houses. Daily Pip Signal provide signal based in MT4 Trading Platform.

A pip is a number value. In the Forex market, the value of currency is given in pips. One pip equals 0.0001, two pips equals 0.0002, three pips equals 0.0003 and so on. One pip is the smallest price change that an exchange rate can make. Most currencies are priced to four numbers after the point. For example, a five pip spread for EUR/USD is 1.2530/1.2535.In the major currencies, the price of the Japanese yen does not have four numbers after the point. In USD/JPY, the price is only given to two decimal points – so a quote for USD/JPY looks like this: 114.05/114.08. This quote has a three pip spread between the buy and sell price.

Leverage in Forex is a loan that is provided by the Forex broker to an investor. When an investor decides to invest in the Forex market, he/she must first open up a margin account with a broker. The broker then allows the investor to trade over and beyond the actual amount of money he has on deposit. Usually, the amount of leverage provided is either 50:1, 100:1 or 200:1, depending on the broker and the size of the position the investor is trading. In Forex, investors use leverage to profit from the fluctuations in exchange rates between two different countries. The leverage that is achievable in the forex market is one of the highest that investors can obtain.

If you have more question please contact support@dailypipssignal.com