Trading glossary

Forex and CFDs are high-risk leveraged products and may result in loss of capital. We are not a broker, do not hold trading funds, and do not guarantee profits.

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Essential guides

Start with beginner content before moving to advanced topics.

3 guides

Trading glossaryAdvanced

Market, limit, stop and OCO orders

Understand triggers, slippage, gaps and execution constraints for common order types.

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.

Learning paths containing this topic

Forex and trading-cost basics

Build a foundation in terminology, leverage, costs and rebates.