The price at which a trader accepts to buy a security.
In a currency pair, the first currency in the pair is called the base currency. For example, in the USD/JPY pair, USD is the base currency.
The price at which a trader is prepared to sell a security.
FX Margin The exchange rate of a currency combination that is considered non-standard in transactions. For example, GBP / JPY trades are cross currencies because they are composed of two major currency transactions, GBP / USD and USD / JPY.
These are raw or naturally occurring resources. Examples of these are gold, crude oil, coffee or soybean.
A person who analyzes trends with charts and graphs and predicts future trends. In particular, we refer to traders who make technical analysis the main basis for trading.
A trade opened and closed within one day.
A person who is dedicated to trading or who is a trading partner. These are different from brokers who act as brokers as the subject of the transaction.
Real-time deposit assets amount that the real-time valuation gains or loss of the holding position is added or subtracted to the deposit asset deposited by the customer.
It is an indicator of the economic trends announced by governments and central banks in each country. Well-known indicators include unemployment and GDP (Gross Domestic Product), inflation, and retail sales.
FOREX, FOREIGN EXCHANGE
Selling other currencies at the same time to buy certain currencies.
FOREIGN EXCHANGE RISK
This is the risk that occurs when the exchange rate moves against the expectations.
The impact economic and political events have on prices in financial markets (interest rate announcements, unemployment rate, etc.)
This is the guarantee required to enter the position as a guarantee for future transactions.
The volume available in the market for a specific currency pair.
Taking a long position on a currency means that you buy it. In a currency pair, you buy the first of the two currencies – the base currency.
Leverage is offered by brokers to maximize traders’ buying power by giving them the ability to deposit a small amount of funds and trade larger volumes. Leverage is expressed in ratio form, so if it is 1:100 for example, a trader’s buying power is magnified 100 times.
To prevent unexpected loss due to sudden fluctuation of currency, it means to automatically expire the outstanding position by the system if the value of the deposit asset is less than the margin.
It means that the current position is extinguished through reverse trading.
This refers to the amount of money needed in your account to maintain an open position.
This is a notification which alerts you that you need to deposit more money in your trading account so there can be sufficient margin to keep existing positions open.
The value an open position would be if it were closed at the current market rate.
OTC, OVER THE COUNTER
The traditional way of trading forex was ‘over the counter’, meaning traders made forex transactions over the telephone or on electronic devices.
Pip stands for Percentage in Point and it is the smallest price change that can be seen in an exchange rate. In most cases currency pairs are priced to four decimal points and the smallest change can be seen in the last decimal.
If the deposit value falls below the amount of retained evidence as a collateral to maintain the position held by the customer (outstanding position), canceling the canceled order and forcibly clearing the holding position will occur.
In forex, the rollover rate is the interest rate that traders pay or earn when they hold (rollover) a position open overnight.
It refers to the market price currently being formed, and payment is usually made after 2 trading days.
The difference between the Ask and Bid price of a currency pair.
A position where you can earn money if prices fall.
FX margin This is the amount due to the interest rate difference between the currencies when rolling over your position in the next trading day. This will change from time to time depending on market conditions.
This is when a trader executes an order at a price which is very different to the price they expected the trade to be executed at. This usually happens during periods of high volatility, when traders use market orders and stop loss orders.
It refers to the settlement of the holding position through reverse trading and the settlement of the transaction relationship by paying the settlement profit or loss and swap points.
Traders use technical analysis to forecast prices by examining market/historical data through the use of charts and trading indicators.
It means the day when payment is received when trading financial instruments.
In the case of FX margin trading, funds are paid two business days after the normal trading day