Trader's Glossary

Forward Points

The difference between the interest rates of two currencies, as expressed in rate points.
Did you know?

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

Word of the day
"Algorithmic Trading" - The use of mathematical models that react to real-time market conditions and place trades according to pre-set parameters without human intervention.
Pro Tip

Always check transaction costs before opening an account (and keep in mind that cheap rates are no guarantee of reliability).

UP