Trader's Glossary

Australian Securities And Investment Commission (ASIC)

Independent government body of Australia, acting as the country’s corporate regulator.
Did you know?

The average daily trading volume in the foreign exchange market exceeds $5 trillion.

Word of the day
"Shooting Star" - A type of bearish candlestick that usually appears during an uptrend and indicates trend reversal.
Pro Tip

required margin in quote currency = trade size in units / leverage X exchange rate

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