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Frequently Asked Questions

Forex Trade

A Round Turn is one completed trade, a buy and sell, enter and exit, or the opening and closing of any position.
Forex or the "Foreign Exchange market", is the largest financial market in the world, with a daily average turnover of approximately US$3 trillion. Forex trading is the simultaneous buying of one currency and selling of another. The price of currencies is floating and dependent on supply and demand. Foreign Exchange is always traded in pairs, for example EUR/USD or AUD/USD.
A Round Turn is one completed trade, a buy and sell, enter and exit, or the opening and closing of any position.

Forex Rebate

A “pip” is the smallest increment, or movement in any currency pair. In USD/JPY, a pip = 0.01, or a movement, for, example from 102.55 to 102.56 In GBP/USD, a pip = 0.0001, or a movement, for example from 1.6755 to 1.6756
A “pip” is the smallest increment, or movement in any currency pair. In USD/JPY, a pip = 0.01, or a movement, for, example from 102.55 to 102.56 In GBP/USD, a pip = 0.0001, or a movement, for example from 1.6755 to 1.6756
A “pip” is the smallest increment, or movement in any currency pair. In USD/JPY, a pip = 0.01, or a movement, for, example from 102.55 to 102.56 In GBP/USD, a pip = 0.0001, or a movement, for example from 1.6755 to 1.6756
A “pip” is the smallest increment, or movement in any currency pair. In USD/JPY, a pip = 0.01, or a movement, for, example from 102.55 to 102.56 In GBP/USD, a pip = 0.0001, or a movement, for example from 1.6755 to 1.6756
A “pip” is the smallest increment, or movement in any currency pair. In USD/JPY, a pip = 0.01, or a movement, for, example from 102.55 to 102.56 In GBP/USD, a pip = 0.0001, or a movement, for example from 1.6755 to 1.6756
A “pip” is the smallest increment, or movement in any currency pair. In USD/JPY, a pip = 0.01, or a movement, for, example from 102.55 to 102.56 In GBP/USD, a pip = 0.0001, or a movement, for example from 1.6755 to 1.6756
A “pip” is the smallest increment, or movement in any currency pair. In USD/JPY, a pip = 0.01, or a movement, for, example from 102.55 to 102.56 In GBP/USD, a pip = 0.0001, or a movement, for example from 1.6755 to 1.6756
A “pip” is the smallest increment, or movement in any currency pair. In USD/JPY, a pip = 0.01, or a movement, for, example from 102.55 to 102.56 In GBP/USD, a pip = 0.0001, or a movement, for example from 1.6755 to 1.6756

About WAIHUI8

A rebate is the term used for any payment back to a referrer, such as PipRebate.com. This is what we receive from our partner brokers, and it is this rebate that we pass on to you on a monthly basis.