Trader's Glossary

Boiler Room

Initially used in reference to fraudulent brokerages set up with the purpose of offloading unwanted securities of the firm’s owners, the term is now synonymous with companies that employ high-pressure selling tactics while also misrepresenting the products that they offer.
Did you know?

The market share of the top 10 FX players globally reaches 80%.

Word of the day
"Bretton Woods Agreement" - An early monetary system agreed upon in 1944 between the major industrial nations.
Pro Tip

Always check if a broker is regulated before opening an account.

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