Plain-English glossary
Forex terms, defined simply.
50 terms every beginner meets in their first month. Each entry is one or two sentences you can actually understand, then a link to the lesson that goes deeper.
A
B
C
D
Demo AccountDemo accountDrawdownDrawdown
E
Ecn BrokerECN brokerEquityEquity (account)Exchange RateExchange rateExotic PairsExotic currency pairsExpectancyExpectancy
F
Free MarginFree margin
H
Hedging ForexHedging
L
LeverageLeverageLimit OrderLimit orderLiquidityLiquidityLong PositionLong positionLotLot (forex)
M
Major PairsMajor currency pairsMarginMarginMargin CallMargin callMargin LevelMargin levelMarket Maker BrokerMarket makerMarket OrderMarket orderMicro LotMicro lotMini LotMini lot
N
Negative Balance ProtectionNegative balance protection
P
Q
R
Regulation ForexRegulationRevenge TradingRevenge tradingRisk Of Ruin MeaningRisk of ruinRisk Per TradeRisk per tradeRisk Reward Ratio MeaningRisk/reward ratio
S
Segregated FundsSegregated client fundsShort PositionShort positionSlippageSlippageSpreadSpreadStandard LotStandard lotStop LossStop-loss orderStop Out LevelStop-out levelSwap ForexSwap / rollover
T
Take ProfitTake-profit orderTrailing StopTrailing stop
V
VolatilityVolatility
W
Win RateWin rate