Trader's Glossary

Contract for Difference (CFD)

Contracts for Difference are derivative instruments that allow traders to speculate on the changing values of an asset without taking ownership of that asset.
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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