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Forex glossary
Plain-language definitions of the terms used in forex and CFD trading. Each definition is a recorded row written by us — if a term is not listed, we have not written it yet rather than guessing at one.
4 terms shown · 59 terms recorded in total
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Leverage
Leverage lets a small amount of margin control a much larger position, expressed as a ratio such as 1:30 or 1:100. At 1:30, one hundred dollars of margin can su…
Letter L
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Liquidity
Liquidity is how easily a position can be bought or sold without moving the price. Major pairs during the London and New York sessions are highly liquid, so quo…
Letter L
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London Session
The London session carries a large share of global forex volume, particularly in the first hours after it opens and while it overlaps with New York. Spreads on…
Letter L
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Lot
A lot is the standardised unit of trade size in forex. One standard lot is 100,000 units of the base currency, a minor lot (also called a mini lot) is 10,000 an…
Letter L
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