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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.
6 terms shown · 59 terms recorded in total
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MACD
MACD (moving average convergence divergence) plots the difference between two exponential moving averages, along with a signal line derived from the first. It i…
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Margin
Margin is the portion of your balance that the broker sets aside as a deposit while a leveraged position is open. It is not a fee and not a minimum account size…
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Margin Call
A margin call is the warning state reached when free margin runs low because open positions are losing value. Free margin is the balance left after margin is lo…
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Market Maker
A market maker is a broker that quotes both sides of the market and takes the other side of client trades internally, then manages the resulting exposure itself…
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Micro Lot
A micro lot is 1,000 units of the base currency, one hundredth of a standard lot. On a dollar-quoted pair, one pip is worth approximately ten cents, which makes…
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Moving Average
A moving average plots the mean of the last set number of closing prices as a single line, smoothing short-term movement so direction is easier to see. A simple…
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