Trading Glossary

A comprehensive reference of trading terms and definitions to help you understand the markets.

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An intermediary that executes trades on your behalf, connecting you to the broader market.

The total value of a trading account, including cash balances and the floating profit/loss of open positions.

Using borrowed funds to increase your trading position size, amplifying both potential gains and losses.

A venue where buyers and sellers meet to trade financial instruments at prices set by supply and demand.

Your exposure to an asset — long if you benefit from price rises, short if you benefit from falls.

The difference between the price you expected and the price you actually received on a fill.

The difference between the highest price a buyer is willing to pay (Bid) and the lowest price a seller accepts (Ask).