Can You Trade Forex Without Leverage? What the US Rule Sets
Yes. The US rule sets a minimum deposit of 2% or 5%, so 50:1 is a cap, not a level you must use. What 1:1 costs per lot in equity, and in pips.
No. 01 Lead story
How to Become a Forex Broker: The US Rules, Priced
Work for a broker or found one: the NFA exams, the $45,000 introducing broker floor and the $20 million dealer floor, read from the US rule text.
Story index
21 stories on file How Much Is 1 Pip in Gold (XAUUSD)? Priced Per Lot
At myfxbook's 0.01 pip size, a gold pip is $1.00 per 100-unit lot. Brokers quoting 1 or 3 decimals make it $10 or $0.10. The dollar move never changes.
How to Calculate the Spread in Forex, Then Price It Per Lot
Ask minus bid gives the spread in pips; pip value times lots prices it. Then add the commission: IC's 0.1-pip average plus $7.00 can make 0.80 pips.
Pepperstone Razor vs Standard Account: All-In Cost in Pips
Razor adds 0.70 pips a lot on MT4/5, 0.60 on cTrader. Standard adds a markup Pepperstone's EU pages give as 1 pip or a 0.6 minimum. Both priced.
Is IC Markets cTrader Cheaper Than MT4? 15 Pairs, in Pips
IC charges MT4 Raw $3.50 a lot per side and cTrader $3 per USD 100k. Converted pair by pair: cTrader wins on most pairs and loses on every GBP-base pair.
Is a Raw Spread Account Cheaper Than a Standard Account?
IC Markets' own schedule, converted to pips: the $0-tier raw account costs 0.80 all in, exactly Standard's 0.8 floor. The break-even rule, worked.
Is Forex Commission Charged Per Side or Per Round Turn?
Both, and the schedule line says which. Pepperstone and IC Markets read line by line: per side, roundtrip, and one line that says neither.
How to Convert a Forex Commission Per Lot Into Pips
Double the per-side commission, divide by $10 a pip: $3.50 is 0.70 pips. Four raw-account schedules read on 14 September 2026, converted line by line.
Eightcap vs Blueberry Markets Raw Account Cost Per Lot: Tied
Both raw accounts charge $3.50 a side on forex: $7.00 round turn, 0.70 pips a lot. Both schedules, plus the 0.30-pip Raw vs Standard crossover.
OANDA Japan Sets Date to Stop New MT4 Orders
OANDA Japan has published a two-stage MetaTrader 4 wind-down: new orders stop 25 September 2026, the service ends 27 November. The line worth reading is what the destination account costs.
Helio vs TradeLocker: The Platform Bill, Per Account
Two broker-facing platforms' bills, one published and one reported, get converted to a common unit. One published price card works out at $5.00 per live account per month, the other's reported entry tier at $3.93 — and then the two definitions of an active account turn out not to match.
€100,000 and No Admission: CySEC Settles With Robomarkets
The Cypriot regulator published a board decision on 24 August recording a €100,000 settlement with Robomarkets Ltd over possible breaches, the retail CFD product-intervention rules among them. A settlement is not a finding, and the conduct reviewed ended in June 2024.
A Passport Closes: Triton Capital Markets Surrenders Its Malta Licence
The company that traded for years as FXDD Malta ceased to be licensed on 25 August. The exit is reported as voluntary; the line worth reading is what a lapsed EEA passport does to the entity that would have signed the account agreement.
Fusion Markets vs Tickmill: The All-In Cost, Priced to the Pip
Two low-cost schedules converted into the only unit that permits comparison — pips per standard lot, round turn. One raw account prices at 0.45 before spread, the other at 0.60, and neither figure is an average.
iFOREX, Reviewed
A London-listed parent, a British Virgin Islands onboarding entity, and a published cost page with no numbers on it. The disclosure is the story, and the August guidance cut is where the red pen lands.
Client Money Is a Line Item: ASIC Suspends GFA Capital Markets
The Australian regulator has suspended a Sydney CFD issuer's licence for five months over client money handling and transaction reporting. Segregation is not a slogan; it is a reconciliation that either balances or does not.
The Finfluencer Crackdown Reaches Broker Marketing
The FCA's 2026/27 programme keeps misleading financial promotions on the active list — and the arithmetic of broker affiliate funnels changes when every post needs someone to stand behind it.
IC Markets, Reviewed
The raw-spread specialist, audited on its own published numbers. The pricing story holds up under conversion; the entity structure and the support desk are where the red pen goes.
Spread Transparency, 2026 Edition
More brokers than ever publish average spreads and commission schedules side by side. The number that matters is still the one nobody prints: the all-in cost, in pips.
Pepperstone, Reviewed
Two account types, a published commission schedule, and a serious regulatory footprint — audited to the pip. The pricing adds up; the platform catalogue is where the costs hide.
About Pip Bulletin
Pip Bulletin — Brokers, priced to the pip. Every story indexed, numbered, and timestamped.
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