How to use this glossary
1.
Use the Category List if you want to learn a group of related concepts at once such as margin or leverage.
2.
Use the A to Z section if you already know the term name and need a fast route to the full entry.
3.
On each term page read the first answer block for the quick definition then scan the examples table.
Market basics and instruments
- Forex
- CFD contract for difference
- Currency pair
- Base currency
- Quote currency
- Major currency pair
- Minor currency pair
- Exotic currency pair
- Spot forex
- Index CFD
- Equity CFD
- Commodity CFD
- Crypto CFD
- Contract size
- Tick size
- Tick value
Pricing spreads and costs
- Bid price
- Ask price
- Mid price
- Spread
- Fixed spread
- Variable spread
- Commission
- All in cost
- Slippage
- Positive slippage
- Negative slippage
- Overnight financing
- Swap
- Triple swap Wednesday
- Rollover
- Swap free account
Margin leverage and risk
- Margin
- Initial margin
- Maintenance margin
- Free margin
- Used margin
- Margin level
- Margin call
- Stop out level
- Leverage
- Negative balance protection
- Account balance
- Equity
- Unrealised PnL
- Realised PnL
- Drawdown
- Maximum drawdown
- Notional exposure
- Position size
- Risk per trade
Orders and execution
- Market order
- Limit order
- Buy stop
- Sell stop
- Buy limit
- Sell limit
- Stop loss
- Take profit
- Trailing stop
- Guaranteed stop
- Fill or kill
- Immediate or cancel
- One cancels the other
- Partial fill
- Requote
- Market execution
- Instant execution
- Depth of market
Trading styles and positions
- Long position
- Short position
- Hedging
- Netting
- Scalping
- Day trading
- Swing trading
- Position trading
- Carry trade
- Mean reversion
- Trend following
- Arbitrage
Technical and quantitative terms
- Support level
- Resistance level
- Trendline
- Breakout
- Pullback
- Consolidation
- Candlestick
- Moving average
- Exponential moving average
- Relative Strength Index
- MACD
- Average True Range
- Sharpe ratio
- Risk reward ratio
- Win rate
- Expectancy
Regulation and account types
- Retail client
- Professional client
- Institutional client
- Eligible counterparty
- KYC Know Your Customer
- AML Anti money laundering
- Segregated account
- Demo account
- Live account
A to Z forex & CFD Terms
Use this index if you know the term already. Each link leads to a full page with a direct question in the heading, a short answer at the top and then examples, comparisons and verification steps.
A
B
C
- Candlestick
- Carry trade
- CFD contract for difference
- Commission
- Commodity CFD
- Consolidation
- Contract size
- Crypto CFD
- Currency Pair
D
E
F
G
H
I
K
L
M
- MACD
- Maintenance margin
- Major currency pair
- Margin
- Margin call
- Margin level
- Market execution
- Market order
- Maximum Drawdown
- Mean reversion
- Mid price
- Minor currency pair
- Moving average
N
O
P
Q
R
- Realised PnL
- Relative Strength Index
- Requote
- Resistance level
- Retail client
- Risk per trade
- Risk reward ratio
- Rollover
S
- Scalping
- Segregated account
- Sell limit
- Sell stop
- Sharpe ratio
- Short position
- Slippage
- Spot forex
- Spread
- Stop loss
- Stop out level
- Support level
- Swing trading
- Swap
- Swap free account
T
U
V
W
FAQ.
Who is this glossary for?+
It is written for traders who already understand basic market ideas and need precise definitions, examples and execution focused detail for forex and CFD trading.
How are the term pages structured?+
Each term page starts with a direct question, gives a short answer then explains how the term works, shows real trade examples, compares it with related ideas and gives steps to verify it on a live or demo account.
Can this glossary help with trading decisions?+
It can support your technical understanding of terms, cost effects and position mechanics but you must still follow your own trading plan and risk framework.
How often is the glossary updated?+
New terms and examples can be added as products, platforms and regulations change so coverage will grow over time.
Where do the examples and cost comparisons come from?+
Examples use standard market conditions and common contract sizes and the cost comparisons are formatted so you can recreate them with your own broker data or a live quote feed.