| Account Balance: |
The amount of money in a financial repository, such as a checking account, at any given moment. |
| Ask: |
The price at which a seller is willing to sell, or offer price |
| Average loss trade: |
Average loss value within a trade (sum of losses divided into the amount of unprofitable trades) |
| Average profit trade: |
Average profit value within a trade (sum of profits divided into the amount of profitable trades) |
| Absolute drawdown: |
The largest loss is below initial deposit value |
| Automatic execution: |
An order is carried out automatically without dealer executive |
| Auto reset balance program: |
Protection act work, traders are prevented from entering into debt |
| Bid: |
The price at which a buyer is willing to buy |
| Broker: |
An organization that arranges transactions between a buyer and a seller, and gets commission when an order is executed |
| Commission: |
Transaction costs charged by the broker |
| Currency pair: |
The quotation and pricing structure of the currencies traded in the forex market: the value of a currency is determined by its contrast to another currency. The first currency of a currency pair is called the "base currency", and the second currency is called the "quote currency". The currency pair shows how much of the quote currency is needed to buy one unit of the base. |
| Contract size: |
Amount that currencies are bought and sold |
| Commission-free for deposit: |
Deposit money will not be charged by the broker |
| Deposit bonus: |
Bonus received when you deposit money. Bonus will be divided into different levels, based on how much money you deposit. |
| Floating rate: |
Variable rate, or adjustable rate |
| Gross profit: |
The sum of all profitable trades in monetary units |
| Gross loss: |
The sum of all unprofitable trades in monetary units |
| Hedge: |
Making an investment to reduce the risk of adverse price movements in an asset |
| Insurance program: |
It is promotion which the clients can get a return from their deposit after they don’t win |
| Leverage: |
In order to control a large amount of money using none or very little money of your own and borrowing the rest |
| Margin: |
In order to undertake any possible losses caused by the reverse of price movements, clients must be deposited in the pledged funds |
| Minimum order volume: |
The minimum investment amount of a transaction |
| Maximum order volume: |
The maximum investment amount of a transaction |
| Open Position: |
A position which has not been revoked; or liquidation transaction |
| Pip: |
The smallest price change that a given exchange rate can make |
| Profit factor: |
The ratio between the gross profit and the gross loss in percents. One means that these sums are equal |
| Rollover: |
The overnight charges on a currency pair |
| Refer a friend: |
A program allowing organizations and individuals to introduce new clients to us and get kickback in return |
| Slippage: |
It is the difference between the order price and executed price, the base unit is "pip”. Slippage occurs in rapid changes and fluctuations of the market |
| Standard lot: |
1 standard lot equals 100,000 units of base currency |
| Stop-Loss: |
An order placed with a broker to sell a security when it reaches a certain price |
| Take Profit (T/P): |
An order used by currency traders specifying the exact rate or number of pips from the current price point where to close out their current position for a profit |
