What Does Pip Mean in Forex Trading?
In forex trading, a pip is the smallest unit of price movement between two currencies. It’s used to measure changes in exchange rates, calculate profits or losses, and manage trading strategies effectively.
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Abstract:ACY Securities, one of the world’s leading tech-focused multi-asset CFD brokers, has promoted Alla Darwish to Managing Director of the MENA region.

This latest appointment is part of ACY‘s continued global expansion and growth strategy and comes on the back of the recent announcement of ACY’s Melbourne office opening and IPO plans.
Commenting on his appointment Mr Darwish said, “I‘m excited to be stepping up and leading the growth of ACY Securities within the MENA region. There are huge opportunities within the MENA region with a relatively young and highly educated population. It includes 27 countries, holds over 50% of the world’s oil reserves and over 40% of the worlds supply of natural gas. The region is considered a leader in the energy industry and is highly regarded economically to the world of investments and trading.”
Prior to his promotion, Alla was ACYs Global Head of Brokerage for over 3 years where he was responsible for growing the institutional and retail client base.
Jimmy Ye, ACY Securities CEO said, “Alla has been a great asset to the company over the years, his hard work and dedication along with his track record of growing our client base was a large contributing factor in his promotion. I look forward to continuing working with Alla as we take the next step in our global expansion journey in the MENA region.”
ACY Securities continues to grow with a recent announcement of the release of increased CFDs for traders, bringing the total to 2278 tradable instruments across 6 different exchanges available on the MetaTrader 4 and MetaTrader 5 platforms. Clients can now access share CFDs for companies like Allianz, Volkswagen, Adidas, SAP, HSBC, Aston Martin, BP, Burberry and RBS.
ACY Securities is one of Australias fastest growing multi-asset online trading providers, offering ultra-low-cost trading, rock-solid execution, technologically superior account management and premium market analysis. The key pillars we operate on are transparency, client-focus and technology. With a track record of servicing clients since 2011, we are well-positioned to look after your trading needs.

Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

In forex trading, a pip is the smallest unit of price movement between two currencies. It’s used to measure changes in exchange rates, calculate profits or losses, and manage trading strategies effectively.

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