Trader's Glossary

Currency Pair

In forex trading, a currency pair is bought or sold at an exchange rate that is reflective of the condition of the two economies when compared with each other.
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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