(1) 100th part of a per cent, normally 10,000 of any spotrate. Movement of exchange rates are usually in terms of points.
(2) One percent on an interestrate e.g. from 8-9%.
(3) Minimum fluctuation or smallest increment of price movement.
Trading leveraged products such as Forex and CFDs involves significant risk to your invested capital and may not be suitable for all investors as they carry a high degree of risk to your capital and may result in the full loss of all deposited funds. ForexGator.com shall not be liable for any loss. Please ensure you fully understand the risks involved before trading, and if necessary seek independent advice.