Another Forex question.?

are pips always worth $10 dollars per pip? or does it vary? and who is a Market Maker?

No. A "PIP" is just the smallest incremental move in the base point that a currency exchange can make (usually .001 for all of the currency pairs, except the USD/JPY pair, which is .01). So the value varies.

And a "Market Maker" is simply any dealer who supplies bid and ask prices AND who is prepared and willing to sell and buy at those prices.

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