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Glossary
Every trading term you will meet on the platform, explained in plain language.
The price at which the market is willing to sell an instrument to you.
The price at which the market is willing to buy an instrument from you.
The difference between the bid and ask price, the main cost of a trade.
The smallest standard price move in a currency pair, usually the fourth decimal place.
Borrowed exposure that lets you control a larger position with a smaller deposit.
The capital required in your account to open and maintain a leveraged position.
A warning that your equity has fallen close to the minimum required margin.
A standardised trade size; one standard forex lot equals 100,000 units of base currency.
A buy trade that profits when the market price rises.
A sell trade that profits when the market price falls.
An order that closes a losing position automatically at a chosen level.
An order that closes a winning position automatically at a chosen level.
A stop loss that follows the market as it moves in your favour.
Contract for difference: an agreement to exchange the price difference of an asset.
The difference between the expected fill price and the actual execution price.
How easily an asset can be traded without moving its market price.
The size and speed of price movement in a market over a given period.
The interest credited or debited for holding a leveraged position overnight.
Your account balance including the running profit or loss of open positions.
The peak-to-trough decline of your account equity over a period.
A basket of shares tracked as one instrument, such as US30 or NAS100.
A market in a sustained upward trend driven by buying pressure.
A market in a sustained downward trend driven by selling pressure.
A price level where buying interest has repeatedly halted a decline.
A price level where selling interest has repeatedly halted a rally.
The live list of buy and sell orders waiting to be matched.
No terms found.