🧩 Basic Terms
Pip / Spread: The smallest price movement in forex (e.g., EUR/USD from 1.1000 → 1.1001 = 1 pip).
Lot: Standard trading unit, 1 standard lot = 100,000 base currency.
Leverage: A mechanism that allows controlling larger positions with smaller capital.
Margin: Minimum funds frozen when opening a position.
Equity: Account balance + floating profit/loss.
Free Margin: Funds available to open new positions or absorb market moves.
Stop Out: Forced liquidation when equity falls below a certain ratio (e.g., 10%).
📊 Order & Execution Terms
Market Order: Executed immediately at current market price.
Limit Order: Pending order placed at a better price level.
Stop Loss: Automatic close to limit losses.
Take Profit: Automatic close to lock profits.
Slippage: Difference between execution price and requested price.
Close Position: Closing an existing trade manually or automatically.
Open Position: Active trade not yet closed.
Entry / Open: Opening a new position.
💼 Fund-Related Terms
Deposit: Funding your trading account.
Withdrawal: Withdrawing funds from the account.
Balance: Account funds excluding floating P/L.
Swap / Rollover: Interest charged/earned for holding overnight positions.
Swap-Free: Account type exempt from swap charges.
Negative Balance Protection: Prevents accounts from going below zero.
📈 Analysis & Indicator Terms
Technical Indicator: Tools for analyzing price movements (MA, MACD, RSI, etc.).
Support / Resistance: Key lower support and upper resistance levels.
Bullish / Bearish: Uptrend / Downtrend outlook.
Candlestick Chart: Chart showing open, high, low, close prices.
Timeframe: Chart interval (e.g., 1M, 1H, Daily).
📌 This glossary explains common trading terms to help beginners quickly understand platform functions.