Trader's Glossary

Derivative

A financial instrument with no intrinsic value in and of itself, which derives its value from another financial instrument, asset, index or exchange rate. Contracts for difference, options, swaps, forwards and futures are all examples of derivatives.
Did you know?

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

Word of the day
"Ichimoku Kinkō Hyō" - A technical indicator that gives information on trend and momentum, support and resistance.
Pro Tip

required margin in base currency = trade size in units / leverage

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