- Ask
- The price at which you can buy.
- Base currency
- The first currency in a pair.
- Bid
- The price at which you can sell.
- Blue chip
- A large, established company.
- Candlestick
- A chart bar showing open, high, low and close. See candlestick charts.
- Correlation
- How closely two prices move together.
- Cross
- A currency pair without the US dollar.
- Dividend
- A company's payment to shareholders.
- ETF
- A fund traded on an exchange like a share.
- Funding rate
- Periodic payment on crypto perpetual futures.
- Gap
- A jump in price between one trade and the next, often after a close.
- Halving
- The four-yearly cut in Bitcoin's issuance. See Bitcoin drivers.
- Index
- A measure of a basket of shares. See indices.
- Leverage
- Controlling a larger position than your deposit.
- Limit order
- An order at a set price or better. See order types.
- Liquidity
- How easily you can trade without moving the price.
- Lot
- 100,000 units of the base currency.
- Margin
- Collateral for a leveraged position.
- Market capitalisation
- Total market value of a company's shares.
- Market order
- An order to trade immediately.
- Overlap
- Hours when two FX sessions are open at once. See FX hours.
- Pip
- 0.0001 on most pairs, 0.01 on yen pairs. See pips and lots.
- Quote currency
- The second currency in a pair.
- Rollover
- The daily cut-off at which positions incur swap.
- Session
- The active hours of a financial centre.
- Slippage
- Getting a different price than expected.
- Spread
- Ask minus bid.
- Stablecoin
- A token designed to track a currency. See USDT.
- Stop order
- An order that triggers once a price level trades.
- Swap
- The overnight financing charge or credit on FX and CFD positions.
- Volatility
- The size of price movements.
- XAU/USD
- Gold priced in US dollars per ounce.