Essential guides
Start with beginner content before moving to advanced topics.
Trading glossaryBeginner
Spreads, commissions and total trading cost
Convert different fee structures into comparable monetary costs.
Trading glossaryBeginner
Balance, equity, margin and free margin
Understand the account figures that change as prices and open positions move.
Trading glossaryBeginner
Forex Order Types Guide: Market Orders, Limit Orders, Stop Orders, and OCO
How do you choose among forex market orders, limit orders, stop orders, and OCO? This article clearly explains the difference between the two types of orders, "execution priority" and "price priority," that stop triggering and execution are not the same thing (gaps may exceed the trigger price), the offline behavior of OCO and trailing stops, and provides a pre-order checklist. The example numbers are for demonstration only; actual parameters are subject to your platform.