What is Babypips.com all about?

Babypips.com is dedicated to providing free trading education. We strive to ensure that advertisements do not disrupt your learning experience.

How can I disable my ad blocker to support Babypips.com?

Ads help keep Babypips.com’s educational resources free. To support our mission, we kindly ask you to disable your ad blocker for our site. Most ad blockers allow you to whitelist specific websites, so please add babypips.com to that list.

Do you offer trade signals or will you trade my money for me?

We do not provide trade signals, nor do we trade or manage user funds. We will never request money through Facebook, Instagram, YouTube, WhatsApp, Telegram, TikTok, Discord, or any other social media platform.

Babypips is focused on helping you become a better trader through our website, which offers a wealth of free resources, including the School of Pipsology and School of Crypto courses (over 500 lessons combined), in-house trade analysis, weekly market recaps, news articles, and general market commentary. Additionally, we provide useful tools like Forex Market Hours, Economic Calendar, trading calculators, and MarketMilk.

If you wish to support our efforts, consider purchasing our one product: a monthly Babypips Premium Subscription, available exclusively on our website. For more details, visit our Subscribe page for features and pricing.

I want to learn forex or crypto trading. How do I get started?

If you're eager to learn about forex, check out the School of Pipsology! This guide is designed to teach beginners how to trade in the forex market, starting from the basics in Preschool and progressing to more complex topics by Graduation. This is a self-paced study program.

In addition, we offer regularly updated news and trading articles, a community forum for exchanging questions and answers with traders worldwide, a forex glossary, and various trading tools like the Forex Market Time Zone Converter, Currency Strength Meter, and Economic Calendar.

*NEW* – We now have The Crypto Universe, our guide to all things cryptocurrency. Similar to the School of Pipsology, the School of Crypto introduces the technology and concepts behind Bitcoin, blockchain, and other cryptocurrencies. Dive deeper into crypto with our Crypto Glossary, Crypto Quizzes, and Crypto Guides, which explore popular coins and tokens in the crypto market.

How do I join the Babypips.com community?

Joining is simple and free! All you need is a valid email address or a social media account. Click here to JOIN!

Do I need an account to use Babypips.com?

It depends. You can read certain news and trading articles, participate in community forums, access lessons in the School of Pipsology, take quizzes, and view calendar events without an account. However, if you want to save your progress in the School of Pipsology or School of Crypto, reply to forum members, and receive notifications about topics you follow, you will need to create an account. Joining is free!

What is Babypips Premium?

Babypips Premium offers actionable short-term trading strategies for FX, equity indices, gold, oil, and crypto, along with guides for high-impact economic events, weekly market recaps, and macro strategy reviews, all in an ad-free environment. Our Premium content helps readers understand the trading landscape and identify the best opportunities while managing their own risk.

How do I sign up for Babypips Premium?

Signing up is very straightforward! Visit our Premium Subscription page to start your subscription today! Click here.

How do I manage my Premium subscription?

Managing your subscription is easy. Log into your account at https://www.babypips.com/account/sign-in. Then, click on this link to access your User Preferences page: https://forums.babypips.com/my/preferences/account. Select Manage Subscription from the menu bar. On the subscription billing page, you can review your billing information, view your invoice history, and make any necessary changes to your subscription, such as updating payment methods, switching from monthly to annual billing, or canceling your subscription. Done!

How much does Babypips Premium cost?

To check the current pricing and benefits of a Premium Subscription, please visit our Subscribe page. We offer two options: the Monthly Subscription, billed monthly, and the Annual Subscription, billed once a year on your anniversary date. You can cancel at any time.

Can I buy a Lambo with all of the money I’m going to make trading forex?

Sure, go for it! Every forex trader I know has one, along with their butlers.

Is Babypips any good?

It’s not bad! We’ve been around for nearly 20 years, so we must be doing something right!

Who doesn’t hate Babypips.com?

What word is spelled incorrectly in every single dictionary?

What goes up but never comes down?

What do you call a cow in an earthquake?

How do you make one million dollars in a month?

Start with 100 million dollars and trade with no stop losses.

Which room has no walls?

Imagine you’re in a trade that’s losing big. How do you get out?

What is forex trading?

The foreign exchange market, or forex (FX), is the global market for currency trading. It is the largest and most liquid financial market in the world. In forex trading, currencies are exchanged in pairs, such as the Australian dollar and the U.S. dollar (AUD/USD) or the euro and the Japanese yen (EUR/JPY).

What are currency pairs?

A currency pair consists of a base currency and a quote currency (or counter currency), displaying the price of one currency against another. Currency pairs are typically represented by two abbreviated currency names separated by a slash. For example, in the “EUR/USD” pair, the euro (EUR) is the base currency, and the U.S. dollar (USD) is the quote currency.

What are major pairs?

The most commonly traded currency pairs are known as the majors, all of which include the U.S. dollar (USD) on one side. Major currencies include the euro, U.S. dollar, British pound sterling, Canadian dollar, Swiss franc, Japanese yen, Australian dollar, and New Zealand dollar.

What are minor pairs?

A minor currency pair does not include the U.S. dollar. These pairs are also referred to as “cross-currency” pairs or simply “crosses.” Examples include EUR/GBP, EUR/AUD, and GBP/JPY. The most actively traded crosses are derived from the euro (EUR), Japanese yen (JPY), and British pound sterling (GBP).

What is a pip?

A pip (percentage in points) is the smallest incremental change in an exchange rate in the forex market. For instance, if an exchange rate moves from 1.2510 to 1.2511, it has increased by one pip. Learn more by reading our “What is a Pip?” lesson.

What is a lot?

Currency pairs are traded in specific amounts called lots, which represent the number of currency units you wish to buy or sell. A standard lot is 100,000 units of currency, while mini, micro, and nano lot sizes are 10,000, 1,000, and 100 units, respectively. Learn more by reading our “What is a Lot?” lesson.

What is the bid?

The bid price is the amount a buyer is willing to pay. For example, if you hold a long position in EUR/USD and want to exit, the bid price is what you will accept to close the trade.

What is the ask?

The ask price is the amount a seller is willing to accept. If you want to open a new long position in EUR/USD, the ask price is what you will pay to buy it.

What is the spread?

The spread is the difference between the bid and ask prices. The bid is the price a buyer will pay, while the ask is the price a seller will accept. For example, if the USD/JPY bid/ask spread is 110.00 / 110.02, the spread is 2 pips. Less actively traded currency pairs tend to have wider spreads.

What is an uptick?

An uptick occurs when a new price quote is higher than the previous one. For example, if EUR/USD was at 1.2510 and the next trade is at a price above 1.2510, it is considered an uptick.

What is a downtick?

A downtick occurs when a new price quote is lower than the previous one. For instance, if EUR/USD was at 1.2510 and the next trade is at a price below 1.2510, it is considered a downtick.

What is slippage?

Slippage happens when you intend to enter the market at a specific price, but due to high volatility, you are filled at a different price. It is the difference between the expected fill price and the actual fill price. Positive slippage occurs when the actual fill price is better than expected, while negative slippage happens when it is worse. Traders often experience negative slippage during volatile market conditions, such as during news releases, so caution is advised when trading news.

What is a long position?

A long position is when a trader buys the base currency. For example, if you “long EUR/USD,” you are buying euros and selling U.S. dollars. The euro (EUR) is the base currency, and the U.S. dollar (USD) is the quote currency. Learn more about forex trading and the differences between base and quote currencies.

What is a short position?

A short position is when a trader sells the base currency. For example, if you “short EUR/USD,” you are selling euros and buying U.S. dollars. The euro (EUR) is the base currency, and the U.S. dollar (USD) is the quote currency. Learn more about currency pairs and the differences between base and quote currencies.

What does bullish mean?

The term “bullish” describes a trader's positive outlook on an asset, expecting its price to rise. For instance, if you are “bullish” on the Japanese yen (JPY), you believe the yen will strengthen and its price will increase.

What does bearish mean?

The term “bearish” describes a trader's negative outlook on an asset, expecting its price to fall. For example, if you are “bearish” on the Japanese yen (JPY), you think the yen will weaken and its price will decrease.

What is margin?

Margin is essentially collateral required to open and maintain a position. Before placing a trade, you must deposit a certain amount into your margin account, which depends on the margin percentages set by your broker for leveraged positions. Learn more about margin and leverage.

What is leverage?

Leverage allows you to control a large amount of money with little or none of your own capital, borrowing the rest. It enables traders to trade larger sizes, potentially increasing returns (and losses) compared to what would otherwise be possible. Understanding how to use leverage safely is crucial, so be sure to read our lesson on leverage.

What is rollover?

Rollover refers to the interest paid or earned by a trader for holding a position overnight. Interest is paid on the borrowed currency and earned on the purchased currency. Since every currency trade involves borrowing one currency to buy another, interest rollover charges are part of forex trading. Learn more about forex rollovers.

What causes currency prices to change?

Currency prices are influenced by various economic and political factors, including economic growth, interest rates, inflation, and political stability. For more information, read our lessons on Fundamental Analysis. Governments may also intervene to influence their currency's value by buying or selling their domestic currency in the market, known as central bank intervention.

What is volatility?

Didn't find your answer? Contact Us.