Trading

What is Forex? What is Forex trading?
Forex stands for Foreign Exchange. Forex trading involves the buying or selling of one currency in exchange for another.
Tue, 18 Oct, 2022 at 2:54 PM
What is a Pip?
Price movements in currency pairs are often volatile and miniscule, hence, a very small unit of measurement is required to determine price movements. A pip,...
Mon, 15 Nov, 2021 at 1:56 PM
What is a Lot in Forex?
In Forex, a "lot" is a unit of measurement.
Mon, 10 Apr, 2023 at 12:06 PM
What is the default lot size?
The standard size for 1 lot is 100,000 units of currency, and now, there are also mini and micro lot sizes that are 10,000 and 1,000 units respectively. 
Mon, 15 Nov, 2021 at 1:54 PM
What is Straight Through Processing (“STP”) and why is it important?
As a STP broker, we pass on all the trades to the Interbank Market via our Liquidity Providers. This is in contrast with most of the brokerages out in the ...
Tue, 28 Jun, 2022 at 4:32 PM
What kind of trades are being done at Omada?
Omada Global deals with Forex and commodity trades.
Tue, 18 Oct, 2022 at 2:53 PM
Does Omada allow Scalping?
Please be aware that under Omada's Terms and Conditions, scalping is a trading strategy that is not allowed.
Mon, 15 Nov, 2021 at 1:57 PM
How does Omada define Scalping?
Scalping is a trading strategy that traders utilize to benefit from minor price changes during a short period. The definition of Scalping transactions is wh...
Mon, 28 Aug, 2023 at 11:15 AM
Does Omada have a copying function?
Omada Global does support copy trading on our platform! We have our own copy trading platform, so using our platform will allow you to copy the trades of ou...
Mon, 10 Apr, 2023 at 12:37 PM
What is the number of maximum trades I can open?
No, there is no maximum number of trades! However, do note that you would have to ensure sufficient balance in your account to fulfill the margin requiremen...
Mon, 10 Apr, 2023 at 12:42 PM