Trader's Glossary

Trading Robot

Trading software that executes trades and manages positions according to specific pre-set parameters without the need for human intervention.
Did you know?

Currency trading and exchange are no new practices. In fact, money-changing people can be traced back to the Biblical times. Using city-stalls, they would help others change money and take a commission or charge a fee for their services.

Word of the day
"Major Currency" - Each of the seven most frequently traded and most liquid currencies. These are the U.S. dollar (USD), the Euro (EUR), the Japanese yen (JPY), the British pound (GBP), the Swiss franc (CHF), the Canadian dollar (CAD), and the New Zealand dollar(NZD).
Pro Tip

Try to avoid margin calls.

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