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FX market terminology

Discussing the role of margin and leverage, trading sizes and what a pip sand ask prices as well as other terminology

LANGUAGE
English

TIME TO COMPLETE
Approx. 1 Hour,
02 Minutes

About this course

Current Status

Not Enrolled

Price

Free

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This course is to provide an understanding of how margin and leverage work in the retail FX market, what the various trading sizes of a position are, what are pips and how their value is calculated, what the various types of orders are and how they can help a trader with special emphasis on pending orders, what bid and ask prices are and what their role is, the charges of swaps as well as other key definitions in retail FX trading

Course Content

Margin and Leverage 1 Quiz

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Lesson Content

Margin and Leverage

Trading Sizes (Lot) 1 Quiz

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Lesson Content

Trading Sizes (lot)

Pips and Pip Value 1 Quiz

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Lesson Content

Pips and Pip Value

Types of Orders 1 Quiz

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Lesson Content

Types of Orders

Pending Orders 1 Quiz

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Lesson Content

Pending Orders

Bid, Ask, Spread and SWAP 1 Quiz

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Lesson Content

Bid, Ask, Spread And SWAP

Other Key Definitions 1 Quiz

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Lesson Content

Other key Definitions

Skills you'll gain

By the end of this course, you should be able to:

understand the role of the margin and leverage and how they work
distinguish between the various trading sizes
be able to calculate movements in FX pairs in pips as well as calculate their value
distinguish between the various types of orders and how to utilise pending orders to protect your investment
understand what a bid and what an ask price is, how to calculate the spread and understand the role of SWAPS
understand the importance and calculate the free margin