12/09/2023
Ask: The highest price in the pair at which the Customer buys the currency.
Balance: The aggregate financial result of all completed transactions and non-trading operations of a trading account.
Base currency: The first currency quoted in a currency pair, which the Customer can buy or sell at the price of the quote currency.
Bid: The smallest price in the quote of a currency pair exchange rate. The Customer sells at bid price.
Account history: A full list of all completed transactions and non-trading operations conducted on a live account.
Candlestick bar: An element of the chart, which includes open and close prices as well as maximum and minimum prices for a certain period (1 minute, 5 minutes, an hour, 24 hours, a week etc.).
Chart: A quote stream presented graphically. It shows the high of any bar/candlestick, which is the maximum Bid over a period; the low or minimum Bid; the close price or the last Bid of any bar/candlestick; and the open price or first Bid of any bar/candlestick.
Currency pair: A subject of a trade operation, which is based on the price change of one currency versus another currency
Equity: The current account balance calculated according to the formula: balance + floating profit - floating loss.
Free margin: The funds on a trading account that can be used for opening new trades. It calculated according to the formula: equity - margin.
Leverage: The ratio of a margin used in a trade to the volume of the trade: 1:100, 1:200. Leverage 1:200 means that in order to open a trade, it is necessary to have a trading account with the equity 200 times less than the trade value..
Lot: A unit to measure the quantity of shares, commodities, and amount of base currency, which is used in a trading platform.
Lot size: The quantity of assets, commodities or amount of base currency per one lot defined in the contract specification.
Order: A Customer’s instruction to the Dealer to open/close a trade once the price reaches the order level.
Pending order: A Customer’s instruction to the Dealer to open a trade once the price reaches the order level.
Pip: The smallest unit of a price for any foreign currency.
Price gap: Either of the following situations:
The current Bid is higher than the prior Ask;
The current Ask is lower than the prior Bid.
Quote currency: The second currency in a currency pair symbol that is used by the Customer for selling or buying the base currency.
Spread: The difference between Bid and Ask (in pips).
Stop loss: A type of order that minimize the loss when the trading instrument price moves to the negative territory. Its level is always below the current Bid price in long positions, and above the Ask price in short positions.
Stop out: Forced order to close a position generated by the server.
Swap: A payment taken from a trading account or credited to a trading account by the Dealer for keeping an open position overnight. Swap values are available in contract specification.
Take profit: A type of order that fixes the profit when the trading instrument price reaches a certain level. Its level is always above the current Bid price in long positions, and below the Ask price in short positions.
