Trader's Glossary

East Caribbean Dollar (XCD)

The official currency of eight members of the Organisation of Eastern Caribbean States.
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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