Bid / Ask Spread - is the difference between the Bid Price and Offer Price.
Forex glossary term "currency pair" it is two currencies that make up a foreign exchange rate. For Example, EUR/USD.
Glossary forex term "Forward Contract" - is the pre-specified Exchange Rate for a foreign exchange contract settling at some agreed future date, based upon the interest rate differential between the two currencies involved.
Good Till Cancelled (GTC) order, also called open order, is an order to buy or sell a security at a set price that is active until the investor decides to cancel it or the trade is executed.
Forex glossary term "Initial Margin" - is the initial deposit of collateral required to enter into a position as a guarantee on future performance.
Economic Leading Indicators - the statistics that are considered to predict future economic activity.
Glossary term "FX Market Maker" - it is Forex Dealer who regularly quotes both bid and ask prices and is ready to make a two-sided market for any financial instrument.
Forex Trading Account - is the unique personified registration system of all completed Transaction forex, Open Position, Order forex and deposit/withdrawal transactions in the metatrader trading platform.
Forex ECN broker provide access to an electronic trading network, supplied with streaming quotes from the top tier banks in the world. By trading through an ECN broker, a currency trader generally benefits from greater price transparency, faster processing, increased liquidity and more availability in the marketplace.
Straight Through Processing (STP) in our forex glossary - is a direct order execution. In this model, the brokerage company is an intermediary between clients and providers of liquidity. Clients orders in the STP model are automatically sent to the provider of liquidity, while Forex Broker gets a commission and a portion of the spread. In this model, the brokerage company is interested in increasing the volume of trades, because it makes profit by taking commission for each Transaction forex. There is no conflict of interest between the broker doing STP and his client.
هو النطاق السعري الذي لم يوجد داخله أي عروض للأسعار.