Forex Glossary

Traders, especially beginners, may not know or understand some Forex terms, so we provide our users with a list of specialized terms with their definitions.

En TermEn Description

is the situation on the currency market in which a broker closes an opened position at a less profitable price than stated in the order. It happens amid price spikes when the level of position closure is broken too fast

Stop loss

is a pending order to close the losing position when it reaches a certain price

Take profit

is a pending order to close the winning position when it reaches a certain price

Trailing stop

is a pending stop loss order automatically moved at a specified distance from the current price


is the current general direction of a price movement for a substantial period of time. There is an uptrend (bullish trend), downtrend (bearish trend), and non-trend (flat or sideways movement)

Usable margin

is a part of deposit not involved in trading which can be used to open new positions (orders). It is denoted as “Free” in the trading platform

Used margin

is the blocked part of the deposit, which is used to cover potential losses on open orders. In the trading platform it is displayed in the Margin field


is instability, the measure of how much the market conditions, demand or prices change

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