Trader's Glossary

Discretionary Account

A trading account which a company or a trader handle on behalf of the account holder. A Discretionary Account is also known as Managed account or Controlled account.
Did you know?

In terms of trading volume, the FX market is by far the largest market in the world.

Word of the day
"Golden Cross" - A chart pattern depicting an asset’s short-term moving average crossing its long-term moving average.
Pro Tip

Try to stay away from bucket shops.