In Forex trading, a closed position refers to the completion or termination of an open trade. When a trader enters into a trade by buying or selling a currency pair, they have an open position. This means they have an active exposure to the market and are subject to potential gains or losses. When […]
In the context of Forex trading, the term “Clearing Price” may not be commonly used. However, there are similar concepts in Forex trading that are related to the clearing process. One such concept is the “Closing Price.” The Closing Price in Forex refers to the final price at which a currency pair is traded […]
In the forex market, clearing refers to the process of reconciling and settling trades between buyers and sellers. It involves the transfer of ownership of currencies and the corresponding payment obligations. Clearing is an essential part of the forex trading process as it ensures the smooth and efficient settlement of trades. When a trade […]
The Bid-Offer Spread, also known as the Bid-Ask Spread, is a key concept in financial markets and refers to the difference between the highest price that a buyer is willing to pay (bid price) and the lowest price that a seller is willing to accept (offer price) for a particular asset or security. In […]
“At or Better” in forex refers to a type of order that allows traders to specify a desired price for executing a trade, but with the flexibility of accepting a better price if it becomes available in the market. This order type gives traders the opportunity to potentially get a more favorable price for their […]
In forex trading, “At Best” refers to the execution of a trade at the best available price in the market. It is a type of order where traders want their trade to be executed immediately at the prevailing market price. When traders place an “At Best” order, they are essentially asking their broker to […]
In the forex market, the agency model refers to a type of brokerage model where the broker acts as an intermediary between the trader and the liquidity providers or market makers. In this model, the broker does not take the opposite side of the client’s trades but instead passes the orders directly to the market. […]