{"id":25578874,"date":"2024-03-20T18:43:23","date_gmt":"2024-03-20T13:13:23","guid":{"rendered":"https:\/\/entri.app\/blog\/?p=25578874"},"modified":"2024-03-29T17:27:46","modified_gmt":"2024-03-29T11:57:46","slug":"top-forex-terms-every-trader-should-know","status":"publish","type":"post","link":"https:\/\/entri.app\/blog\/top-forex-terms-every-trader-should-know\/","title":{"rendered":"Top 10 Forex Terms Every Trader Should Know"},"content":{"rendered":"<p>Forex trading can be a daunting task for beginners. There are a lot of things to keep in mind while trading. One such thing is the terms used in Forex.\u00a0 There is a plethora of terms to keep up with, and you need to understand what they mean in order to trade successfully. In this article, we discuss the forex terms every trader should know.<\/p>\n<p style=\"text-align: center;\"><strong><a href=\"https:\/\/entri.app\/course\/forex-trading-course\/\" target=\"_blank\" rel=\"noopener\">Master Forex Strategy and Risk Management! Get Free Demo!<\/a><\/strong><\/p>\n<h2><strong>Top 10 Forex Terms<\/strong><\/h2>\n<p>The\u00a0<span class=\"term__wrapper\" data-ref=\"term-wrapper\" data-v-0bd48091=\"\" data-v-69c4b26a=\"\"><span class=\"term__term-title-container\" data-v-0bd48091=\"\"><span class=\"render-html__wrapper html-content__general-styles\" data-v-0bd48091=\"\">Forex<\/span><\/span><\/span> industry is full of unusual terms, acronyms, and words. The basic terminologies of trading can be a tad intimidating for beginners. But worry not, we have got you covered. A <span data-slate-node=\"text\">basic understanding of forex terms<\/span><span data-slate-node=\"text\"> will help you get comfortable with trading. Read on to learn some of the core terms which every Forex trader should know.\u00a0<\/span><\/p>\n<h3><strong>Margin<\/strong><\/h3>\n<p class=\"article-body__parent-element\" data-v-69c4b26a=\"\">Margin is the initial capital that a trader needs to open a position and hold it. It is <span data-slate-node=\"text\">expressed as a percentage of the total position size<\/span><span data-slate-node=\"text\">. This money acts as collateral for the brokerage to cover any losses if the trade goes against the trader. <\/span><\/p>\n<p class=\"article-body__parent-element\" data-v-69c4b26a=\"\"><span data-slate-node=\"text\">When trading with margin, the trader only needs to put forward a percentage of the full value of a position in order to open the trade. Margin is calculated as (Amount of Shares * Price of Share) \/ (Market Value of Position).\u00a0<\/span><\/p>\n<p class=\"article-body__parent-element\" data-v-69c4b26a=\"\"><span data-slate-node=\"text\">Some of the key terms related to margin are:<\/span><\/p>\n<ul class=\"ent-tss-3d51mc-listDisc\" data-slate-node=\"element\" data-slate-fragment=\"JTVCJTdCJTIydHlwZSUyMiUzQSUyMnBhcmFncmFwaCUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMkluJTIwZm9yZXglMjB0cmFkaW5nJTJDJTIwYSUyMCUyMiU3RCUyQyU3QiUyMnR5cGUlMjIlM0ElMjJsaW5rJTIyJTJDJTIydXJsJTIyJTNBJTIyaHR0cHMlM0ElMkYlMkZ3d3cuZm9ydHJhZGUuY29tJTJGZ2xvc3NhcnklMkZtYXJnaW4lMkYlMjIlMkMlMjJuZXdUYWIlMjIlM0F0cnVlJTJDJTIybGlua1R5cGUlMjIlM0ElMjJ1cmwlMjIlMkMlMjJjaGlsZHJlbiUyMiUzQSU1QiU3QiUyMnRleHQlMjIlM0ElMjJtYXJnaW4lMjIlN0QlNUQlMkMlMjJyZWwlMjIlM0ElMjJmb2xsb3clMjIlN0QlMkMlN0IlMjJ0ZXh0JTIyJTNBJTIyJTIwaXMlMjB0aGUlMjBhbW91bnQlMjBvZiUyMG1vbmV5JTIwYSUyMHRyYWRlciUyMG11c3QlMjBwdXQlMjB1cCUyMGluJTIwb3JkZXIlMjB0byUyMG9wZW4lMjBhbmQlMjBob2xkJTIwYSUyMHBvc2l0aW9uJTJDJTIwZXhwcmVzc2VkJTIwYXMlMjBhJTIwcGVyY2VudGFnZSUyMG9mJTIwdGhlJTIwdG90YWwlMjBwb3NpdGlvbiUyMHNpemUlMjIlN0QlMkMlN0IlMjJ0eXBlJTIyJTNBJTIyY29tbWVudFYyJTIyJTJDJTIydXVpZCUyMiUzQSUyMjg5NzFmNzAxLTYxMmQtNDc0Mi1iYTI5LTIzYzA1ZGM4NWU5MSUyMiUyQyUyMmNvbW1lbnRzJTIyJTNBJTVCJTdCJTIydHlwZSUyMiUzQSUyMmNvbW1lbnQlMjIlMkMlMjJ0ZXh0JTIyJTNBJTIyV2hhdCUyMG11c3QlMjBJJTIwY2hhbmdlJTNGJTIyJTJDJTIyY2hlY2tlZCUyMiUzQWZhbHNlJTJDJTIybmFtZSUyMiUzQSUyMkpvZWwlMjBUYXlsb3IlMjIlMkMlMjJwaG90b1VybCUyMiUzQW51bGwlMkMlMjJ1c2VySWQlMjIlM0ElMjI2MDdmMTEyOTkzNWQ4NjRiZGFmYjJmMjUlMjIlMkMlMjJkYXRlJTIyJTNBJTIyMjAyMy0wMy0yNFQwNiUzQTQzJTNBNDUuNjgwWiUyMiU3RCUyQyU3QiUyMnR5cGUlMjIlM0ElMjJjb21tZW50JTIyJTJDJTIydGV4dCUyMiUzQSUyMkhvdyUyMGRpZCUyMHlvdSUyMGdldCUyMCUyMHRoZXNlJTIwbnVtYmVycyUzRiUyMElmJTIwaXQlMjBpcyUyMHBvc3NpYmxlJTJDJTIwcGxlYXNlJTIwcmVtb3ZlJTIwdGhpcy4lMjIlMkMlMjJjaGVja2VkJTIyJTNBZmFsc2UlMkMlMjJuYW1lJTIyJTNBJTIyQ29tcGxpYW5jZSUyMEZDQSUyMiUyQyUyMnBob3RvVXJsJTIyJTNBbnVsbCUyQyUyMnVzZXJJZCUyMiUzQSUyMjYzZDI1ZmIxMjIyZDAyMWEyMDdhYzJkYSUyMiUyQyUyMmRhdGUlMjIlM0ElMjIyMDIzLTAzLTI0VDE0JTNBNDUlM0E1NS4xNzdaJTIyJTdEJTJDJTdCJTIydHlwZSUyMiUzQSUyMnJlc29sdmUlMjIlMkMlMjJ0ZXh0JTIyJTNBJTIyJTIyJTJDJTIyY2hlY2tlZCUyMiUzQWZhbHNlJTJDJTIybmFtZSUyMiUzQSUyMkpvZWwlMjBUYXlsb3IlMjIlMkMlMjJwaG90b1VybCUyMiUzQW51bGwlMkMlMjJ1c2VySWQlMjIlM0ElMjI2MDdmMTEyOTkzNWQ4NjRiZGFmYjJmMjUlMjIlMkMlMjJkYXRlJTIyJTNBJTIyMjAyMy0wNS0xMFQwNSUzQTI4JTNBMzQuNjUzWiUyMiU3RCU1RCUyQyUyMnJlc29sdmVkJTIyJTNBdHJ1ZSUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMi4lMjAlMjIlN0QlNUQlN0QlMkMlN0IlMjJ0ZXh0JTIyJTNBJTIyJTIyJTdEJTVEJTdEJTJDJTdCJTIydHlwZSUyMiUzQSUyMnBhcmFncmFwaCUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMlR5cGljYWxseSUyQyUyMHRoaXMlMjBtb25leSUyMGFjdHMlMjBhcyUyMGNvbGxhdGVyYWwlMjBmb3IlMjB0aGUlMjAlMjIlN0QlMkMlN0IlMjJ0eXBlJTIyJTNBJTIyY29tbWVudFYyJTIyJTJDJTIydXVpZCUyMiUzQSUyMjcxYTIxZDg2LTMzN2EtNGRkNi1hZGI3LTExYWRmNGY2YTUzNiUyMiUyQyUyMmNvbW1lbnRzJTIyJTNBJTVCJTdCJTIydHlwZSUyMiUzQSUyMnJlc29sdmUlMjIlMkMlMjJ0ZXh0JTIyJTNBJTIyJTIyJTJDJTIyY2hlY2tlZCUyMiUzQWZhbHNlJTJDJTIybmFtZSUyMiUzQSUyMkpvZWwlMjBUYXlsb3IlMjIlMkMlMjJwaG90b1VybCUyMiUzQW51bGwlMkMlMjJ1c2VySWQlMjIlM0ElMjI2MDdmMTEyOTkzNWQ4NjRiZGFmYjJmMjUlMjIlMkMlMjJkYXRlJTIyJTNBJTIyMjAyMy0wMy0yM1QxMiUzQTUzJTNBMjUuMjU4WiUyMiU3RCU1RCUyQyUyMnJlc29sdmVkJTIyJTNBdHJ1ZSUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMmJyb2tlcmFnZSUyMCUyMiU3RCU1RCU3RCUyQyU3QiUyMnRleHQlMjIlM0ElMjJ0byUyMGNvdmVyJTIwYW55JTIwbG9zc2VzJTIwaWYlMjB0aGUlMjB0cmFkZSUyMGdvZXMlMjBhZ2FpbnN0JTIwdGhlJTIwdHJhZGVyLiUyMFNvbWUlMjBvZiUyMHRoZSUyMGtleSUyMHRlcm1zJTIweW91JTIwbmVlZCUyMHRvJTIwdW5kZXJzdGFuZCUyMHJlbGF0ZWQlMjB0byUyMG1hcmdpbiUyMGFyZSUzQSUyMiU3RCU1RCU3RCUyQyU3QiUyMnR5cGUlMjIlM0ElMjJidWxsZXRlZC1saXN0JTIyJTJDJTIyY2hpbGRyZW4lMjIlM0ElNUIlN0IlMjJ0eXBlJTIyJTNBJTIybGlzdC1pdGVtJTIyJTJDJTIyY2hpbGRyZW4lMjIlM0ElNUIlN0IlMjJ0ZXh0JTIyJTNBJTIyVXNlZCUyMG1hcmdpbiUyMiUyQyUyMmJvbGQlMjIlM0F0cnVlJTdEJTJDJTdCJTIydGV4dCUyMiUzQSUyMiUyMGlzJTIwdGhlJTIwYW1vdW50JTIwb2YlMjBtb25leSUyMGluJTIweW91ciUyMHRyYWRpbmclMjBhY2NvdW50JTIwdGhhdCUyMGlzJTIwdXNlZCUyMHRvJTIwb3BlbiUyMGFuZCUyMG1haW50YWluJTIwYSUyMHBvc2l0aW9uLiUyMCUyMiU3RCU1RCU3RCUyQyU3QiUyMnR5cGUlMjIlM0ElMjJsaXN0LWl0ZW0lMjIlMkMlMjJjaGlsZHJlbiUyMiUzQSU1QiU3QiUyMnRleHQlMjIlM0ElMjJGcmVlJTIwbWFyZ2luJTIwJTIyJTJDJTIyYm9sZCUyMiUzQXRydWUlN0QlMkMlN0IlMjJ0ZXh0JTIyJTNBJTIyaXMlMjB0aGUlMjBhbW91bnQlMjBvZiUyMG1vbmV5JTIwaW4lMjB5b3VyJTIwdHJhZGluZyUyMGFjY291bnQlMjB0aGF0JTIwaXMlMjBhdmFpbGFibGUlMjB0byUyMG9wZW4lMjBuZXclMjBwb3NpdGlvbnMuJTIwJTIyJTdEJTVEJTdEJTJDJTdCJTIydHlwZSUyMiUzQSUyMmxpc3QtaXRlbSUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMiUyMiU3RCUyQyU3QiUyMnR5cGUlMjIlM0ElMjJjb21tZW50VjIlMjIlMkMlMjJ1dWlkJTIyJTNBJTIyN2JhODcwYTctNDc0Yy00MjU2LTk2OGMtZmZkMDFhMDYzZmZlJTIyJTJDJTIyY29tbWVudHMlMjIlM0ElNUIlN0IlMjJ0eXBlJTIyJTNBJTIyY29tbWVudCUyMiUyQyUyMnRleHQlMjIlM0ElMjIlNUMlMjJNYXJnaW4lMjBjYWxsJTIwaXMlMjB3aGVuJTIwYSUyMHRyYWRlciUyMG9yJTIwaW52ZXN0b3IlMjBoYXMlMjBhbiUyMGFjY291bnQlMjB0aGF0JTIwaGFzJTIwZmFsbGVuJTIwYmVsb3clMjB0aGUlMjBicm9rZXJhZ2UlRTIlODAlOTlzJTIwbWluaW11bSUyMG1hcmdpbiUyMHJlcXVpcmVtZW50JTJDJTIwdGhlbiUyMHRoZSUyMGJyb2tlcmFnZSUyMGNhbiUyMHBsYWNlJTIwYSUyMG1hcmdpbiUyMGNhbGwlMjBvbiUyMHRoZSUyMGFjY291bnQlMkMlMjBpbiUyMHdoaWNoJTIwY2FzZSUyMHRoZSUyMGludmVzdG9yJTIwd291bGQlMjBoYXZlJTIwdG8lMjBlaXRoZXIlMjBkZXBvc2l0JTIwYWRkaXRpb25hbCUyMGZ1bmRzJTIwaW50byUyMGhpcyUyMGFjY291bnQlMkMlMjBvciUyMGNsb3NlJTIwc29tZSUyMG9mJTIwdGhlJTIwdHJhZGVzJTIwaGUlMjBpcyUyMGhvbGRpbmcuJTVDJTIyJTIyJTJDJTIyY2hlY2tlZCUyMiUzQWZhbHNlJTJDJTIybmFtZSUyMiUzQSUyMkNvbXBsaWFuY2UlMjBGQ0ElMjIlMkMlMjJwaG90b1VybCUyMiUzQW51bGwlMkMlMjJ1c2VySWQlMjIlM0ElMjI2M2QyNWZiMTIyMmQwMjFhMjA3YWMyZGElMjIlMkMlMjJkYXRlJTIyJTNBJTIyMjAyMy0wMy0yM1QxNCUzQTAxJTNBMDEuODYzWiUyMiU3RCUyQyU3QiUyMnR5cGUlMjIlM0ElMjJyZXNvbHZlJTIyJTJDJTIydGV4dCUyMiUzQSUyMiUyMiUyQyUyMmNoZWNrZWQlMjIlM0FmYWxzZSUyQyUyMm5hbWUlMjIlM0ElMjJKb2VsJTIwVGF5bG9yJTIyJTJDJTIycGhvdG9VcmwlMjIlM0FudWxsJTJDJTIydXNlcklkJTIyJTNBJTIyNjA3ZjExMjk5MzVkODY0YmRhZmIyZjI1JTIyJTJDJTIyZGF0ZSUyMiUzQSUyMjIwMjMtMDMtMjRUMDYlM0E0NCUzQTA1LjU4NVolMjIlN0QlNUQlMkMlMjJyZXNvbHZlZCUyMiUzQXRydWUlMkMlMjJjaGlsZHJlbiUyMiUzQSU1QiU3QiUyMnRleHQlMjIlM0ElMjIlMjIlN0QlMkMlN0IlMjJ0eXBlJTIyJTNBJTIybGluayUyMiUyQyUyMnVybCUyMiUzQSUyMmh0dHBzJTNBJTJGJTJGd3d3LmZvcnRyYWRlLmNvbSUyRmElMkZhbnN3ZXJzJTJGc3RvY2stdHJhZGluZyUyRmRlZmluaW5nLW1hcmdpbi1jYWxsLWluLXN0b2NrLXRyYWRpbmctYW5kLXRpcHMtZm9yLWF2b2lkaW5nLWl0JTJGJTIyJTJDJTIybmV3VGFiJTIyJTNBdHJ1ZSUyQyUyMmxpbmtUeXBlJTIyJTNBJTIydXJsJTIyJTJDJTIyY2hpbGRyZW4lMjIlM0ElNUIlN0IlMjJ0ZXh0JTIyJTNBJTIyTWFyZ2luJTIwY2FsbCUyMiUyQyUyMmJvbGQlMjIlM0F0cnVlJTdEJTVEJTJDJTIycmVsJTIyJTNBJTIyZm9sbG93JTIyJTdEJTJDJTdCJTIyYm9sZCUyMiUzQXRydWUlMkMlMjJ0ZXh0JTIyJTNBJTIyJTIwaXMlMjB3aGVuJTIwYSUyMHRyYWRlciUyMG9yJTIwaW52ZXN0b3IlMjBoYXMlMjBhbiUyMGFjY291bnQlMjB0aGF0JTIwaGFzJTIwZmFsbGVuJTIwYmVsb3clMjB0aGUlMjBicm9rZXJhZ2UlRTIlODAlOTlzJTIwbWluaW11bSUyMG1hcmdpbiUyMHJlcXVpcmVtZW50JTJDJTIwdGhlbiUyMHRoZSUyMGJyb2tlcmFnZSUyMGNhbiUyMHBsYWNlJTIwYSUyMG1hcmdpbiUyMGNhbGwlMjBvbiUyMHRoZSUyMGFjY291bnQlMkMlMjBpbiUyMHdoaWNoJTIwY2FzZSUyMHRoZSUyMGludmVzdG9yJTIwd291bGQlMjBoYXZlJTIwdG8lMjBlaXRoZXIlMjBkZXBvc2l0JTIwYWRkaXRpb25hbCUyMGZ1bmRzJTIwaW50byUyMHRoZWlyJTIwYWNjb3VudCUyQyUyMG9yJTIwY2xvc2UlMjBzb21lJTIwb2YlMjB0aGUlMjB0cmFkZXMlMjB0aGV5JTIwYXJlJTIwaG9sZGluZyUyMiU3RCU1RCU3RCUyQyU3QiUyMnRleHQlMjIlM0ElMjIuJTIwJTIyJTdEJTVEJTdEJTVEJTJDJTIyZGF0YSUyMiUzQSU3QiUyMmZpbGwlMjIlM0ElMjJyZ2IoJTIwMzMlMkMlMjAxNDclMkMlMjAyNTUpJTIyJTdEJTdEJTVE\">\n<li data-slate-node=\"element\">Used margin<span data-slate-node=\"text\"> &#8211; It is the amount in your trading account that is used to open and maintain a position. <\/span><\/li>\n<li data-slate-node=\"element\"><span data-slate-node=\"text\">Free margin\u00a0 &#8211; It <\/span><span data-slate-node=\"text\">is the amount in your trading account that is available to open new positions. <\/span><\/li>\n<\/ul>\n<h3><strong>Currency Pair<\/strong><\/h3>\n<p>It is the quotation of one currency unit against another currency unit. When you buy one currency, you sell the other. There are many different\u00a0currency pairs to trade. For example, the euro and the US dollar together make up the currency pair\u00a0EUR\/USD. The first currency that appears is called the base currency, and the second one is called the quote currency.<\/p>\n<p class=\"ent-tss-15cp3ar-paragraph\" data-slate-node=\"element\"><span data-slate-node=\"text\">Currency pairs are divided into three main categories: major, cross, and exotic pairs. <\/span><\/p>\n<p class=\"ent-tss-15cp3ar-paragraph\" data-slate-node=\"element\"><strong>Major Pairs<\/strong><span data-slate-node=\"text\"> are the pairs of currency that are most commonly traded. They include:<\/span><\/p>\n<ul class=\"ent-tss-3d51mc-listDisc\" data-slate-node=\"element\">\n<li data-slate-node=\"element\"><span data-slate-node=\"text\">EUR\/USD <\/span><\/li>\n<li data-slate-node=\"element\"><span data-slate-node=\"text\">USD\/JPY <\/span><\/li>\n<li data-slate-node=\"element\"><span data-slate-node=\"text\">GBP\/USD <\/span><\/li>\n<li data-slate-node=\"element\"><span data-slate-node=\"text\">AUD\/USD <\/span><\/li>\n<\/ul>\n<p class=\"ent-tss-15cp3ar-paragraph\" data-slate-node=\"element\"><strong>Cross Pairs<\/strong><span data-slate-node=\"text\"> are currency pairs that do not include the US dollar. The most common ones are:<\/span><\/p>\n<ul class=\"ent-tss-3d51mc-listDisc\" data-slate-node=\"element\">\n<li data-slate-node=\"element\"><span data-slate-node=\"text\">EUR\/GBP <\/span><\/li>\n<li data-slate-node=\"element\"><span data-slate-node=\"text\">NZD\/JPY <\/span><\/li>\n<li data-slate-node=\"element\"><span data-slate-node=\"text\">CHF\/JPY <\/span><\/li>\n<\/ul>\n<p class=\"ent-tss-15cp3ar-paragraph\" data-slate-node=\"element\"><span data-slate-node=\"text\"><strong>Exotic Pairs<\/strong><\/span><span data-slate-node=\"text\"> are currency pairs that involve less commonly traded currencies, such as: <\/span><\/p>\n<ul class=\"ent-tss-3d51mc-listDisc\" data-slate-node=\"element\" data-slate-fragment=\"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\">\n<li data-slate-node=\"element\"><span data-slate-node=\"text\">EUR\/TRY <\/span><\/li>\n<li data-slate-node=\"element\"><span data-slate-node=\"text\">USD\/MXN <\/span><\/li>\n<li data-slate-node=\"element\"><span data-slate-node=\"text\">CAD\/JPY <\/span><\/li>\n<\/ul>\n<p>Currency pairs are well-known for representing the relative value of one currency in regard to another. If the CAD\/GBP exchange rate is 0.57 then this means that 1 Canadian Dollar is \u2018worth&#8217; 0.57 British Pounds. On the flipside, if the GBP\/CAD is 1.76 then this means that 1 British Pound can buy you 1.76 Canadian Dollars.<\/p>\n<p style=\"text-align: center;\"><strong><a class=\"in-cell-link\" href=\"https:\/\/entri.app\/course\/forex-trading-course\/\" target=\"_blank\" rel=\"noopener\">Master Forex Trading with Industry Experts! Enroll now for a free demo!<\/a><\/strong><\/p>\n<h3><strong>Leverage\u00a0<\/strong><\/h3>\n<p>This term refers to the use of borrowed money to increase one&#8217;s buying power in the forex market. <span data-slate-fragment=\"JTVCJTdCJTIydHlwZSUyMiUzQSUyMnBhcmFncmFwaCUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMllvdSUyMGNhbiUyMHVzZSUyMGxldmVyYWdlJTIwdG8lMjB0cmFkZSUyMGxhcmdlciUyMGFtb3VudHMlMjBvZiUyMGN1cnJlbmN5JTIwdGhhbiUyMHdoYXQlMjB5b3UlMjBoYXZlJTIwaW4lMjB5b3VyJTIwdHJhZGluZyUyMGFjY291bnQuJTIwJTIyJTdEJTVEJTdEJTVE\">You can use leverage to trade larger amounts of currency than what you have in your trading account. This is executed by making use of the lender&#8217;s capital. This helps make trading look more attractive by only investing a small percentage of the total asset&#8217;s value. <\/span><\/p>\n<p>The advantage of leverage is that if the position grows, this is enough to make a profit, but if the position decreases in value, it can lead to huge losses. <span data-slate-fragment=\"JTVCJTdCJTIydHlwZSUyMiUzQSUyMnBhcmFncmFwaCUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMklmJTIweW91JUUyJTgwJTk5cmUlMjBzdGlsbCUyMGElMjBmb3JleCUyMGJlZ2lubmVyJTIwd2hvJUUyJTgwJTk5cyUyMG5vdCUyMGNvbXBsZXRlbHklMjBmYW1pbGlhciUyMHdpdGglMjBhbGwlMjB0aGUlMjBmb3JleCUyMHRyYWRpbmclMjB0ZXJtcyUyQyUyMGl0JTIwd291bGRuJ3QlMjBiZSUyMHRoZSUyMGJlc3QlMjBpZGVhJTIwdG8lMjBzdGFydCUyMHVzaW5nJTIwbGV2ZXJhZ2UlMjIlN0QlNUQlN0QlNUQ=\">If you\u2019re still a forex beginner who\u2019s not completely familiar with all the forex trading terms, it wouldn&#8217;t be the best idea to start using leverage. <\/span><\/p>\n<p><span data-slate-fragment=\"JTVCJTdCJTIydHlwZSUyMiUzQSUyMnBhcmFncmFwaCUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMklmJTIweW91JUUyJTgwJTk5cmUlMjBzdGlsbCUyMGElMjBmb3JleCUyMGJlZ2lubmVyJTIwd2hvJUUyJTgwJTk5cyUyMG5vdCUyMGNvbXBsZXRlbHklMjBmYW1pbGlhciUyMHdpdGglMjBhbGwlMjB0aGUlMjBmb3JleCUyMHRyYWRpbmclMjB0ZXJtcyUyQyUyMGl0JTIwd291bGRuJ3QlMjBiZSUyMHRoZSUyMGJlc3QlMjBpZGVhJTIwdG8lMjBzdGFydCUyMHVzaW5nJTIwbGV2ZXJhZ2UlMjIlN0QlNUQlN0QlNUQ=\">Once you start using, consider trading on a lower leverage until you gain enough experience and screen time. This will reduce losses and make sure that you stay in the game in the long run.<\/span><\/p>\n<h3><strong>Bid\/Ask Price<\/strong><\/h3>\n<p>At any given moment, each currency pair has two exchange rates or prices \u2013 the bid price and the ask price. <span data-slate-fragment=\"JTVCJTdCJTIydHlwZSUyMiUzQSUyMnBhcmFncmFwaCUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMlRoZXklMjByZWZlciUyMHRvJTIwdGhlJTIwcHJpY2VzJTIwb2YlMjBjdXJyZW5jaWVzJTIwd2hlbiUyMGJ1eWluZyUyMGFuZCUyMHNlbGxpbmclMkMlMjBhcyUyMHdlbGwlMjBhcyUyMHRoZSUyMGRpZmZlcmVuY2UlMjBiZXR3ZWVuJTIwdGhvc2UlMjB0d28lMjBwcmljZXMuJTIwJTIyJTdEJTVEJTdEJTVE\">They refer to the prices of currencies when buying and selling, as well as the difference between those two prices. <\/span><\/p>\n<p>The bid price is the <span data-slate-fragment=\"JTVCJTdCJTIydHlwZSUyMiUzQSUyMmJ1bGxldGVkLWxpc3QlMjIlMkMlMjJjaGlsZHJlbiUyMiUzQSU1QiU3QiUyMnR5cGUlMjIlM0ElMjJsaXN0LWl0ZW0lMjIlMkMlMjJjaGlsZHJlbiUyMiUzQSU1QiU3QiUyMnRleHQlMjIlM0ElMjJoaWdoZXN0JTIwYW1vdW50JTIwb2YlMjBtb25leSUyMiU3RCU1RCU3RCU1RCUyQyUyMmRhdGElMjIlM0ElN0IlMjJmaWxsJTIyJTNBJTIycmdiKCUyMDMzJTJDJTIwMTQ3JTJDJTIwMjU1KSUyMiU3RCU3RCU1RA==\">highest amount of money <\/span>at which buyers are willing to buy, while the ask price is the <span data-slate-fragment=\"JTVCJTdCJTIydHlwZSUyMiUzQSUyMmJ1bGxldGVkLWxpc3QlMjIlMkMlMjJjaGlsZHJlbiUyMiUzQSU1QiU3QiUyMnR5cGUlMjIlM0ElMjJsaXN0LWl0ZW0lMjIlMkMlMjJjaGlsZHJlbiUyMiUzQSU1QiU3QiUyMnRleHQlMjIlM0ElMjJoZSUyMGxvd2VzdCUyMGFtb3VudCUyMG9mJTIwbW9uZXklMjIlN0QlNUQlN0QlNUQlMkMlMjJkYXRhJTIyJTNBJTdCJTIyZmlsbCUyMiUzQSUyMnJnYiglMjAzMyUyQyUyMDE0NyUyQyUyMDI1NSklMjIlN0QlN0QlNUQ=\">he lowest amount of money<\/span> at which sellers are willing to sell. The bid price is always lower than the ask price. Once those two prices meet, a transaction occurs.<\/p>\n<h3><strong>Exchange Rate<\/strong><\/h3>\n<p>It is the rate at which you exchange one currency for another. It shows the price of the base currency expressed in terms of the counter-currency. For example, if the exchange rate of EUR\/USD is 1.15, this means that one euro costs $1.15, or it takes $1.15 to buy one euro.<\/p>\n<p><span data-slate-node=\"text\">Exchange rates are determined by a variety of factors, such as supply and demand, economic conditions, and political stability, and can be either floating or fixed.<\/span><\/p>\n<ul class=\"ent-tss-3d51mc-listDisc\" data-slate-node=\"element\" data-slate-fragment=\"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\">\n<li data-slate-node=\"element\">Floating exchange rate<span data-slate-node=\"text\">: The value of the currency is determined by the market and can change from moment to moment.\u00a0<\/span><\/li>\n<li data-slate-node=\"element\">Fixed exchange rate: <span data-slate-node=\"text\">The value of the currency is set by a central bank and remains constant. Danish Krone is a popular example for fixed exchange rate. It is fixed to the euro at 7.4 DKK per 1 EUR.<\/span><\/li>\n<\/ul>\n<h3><strong>PIP<\/strong><\/h3>\n<p>PIP is the acronym for Point In Percentage. The pip is the smallest unit of the currency in a foreign exchange. It is the size of the smallest change in price that your broker accepts. It <span data-slate-fragment=\"JTVCJTdCJTIydHlwZSUyMiUzQSUyMnBhcmFncmFwaCUyMiUyQyUyMmNoaWxkcmVuJTIyJTNBJTVCJTdCJTIydGV4dCUyMiUzQSUyMmdlbmVyYWxseSUyMHJlZmVycyUyMHRvJTIwMSUyRjEwMHRoJTIwb2YlMjAxJTI1JTIwb3IlMjAwLjAwMDEuJTIyJTdEJTVEJTdEJTVE\">generally refers to 1\/100th of 1% or 0.0001.<\/span><\/p>\n<p>For example, if EUR\/USD is currently trading at 1.1558 and rises to 1.1562, that rise would equal to a change of 4 pips.<\/p>\n<h3><strong>Lot<\/strong><\/h3>\n<p>A lot is the size of trade\/ position that you will open. One\u00a0standard lot has 100,000 units of the base currency, while a micro lot has 1,000 units. For example, if you buy 1 standard lot of EUR\/USD at 1.3125, you buy 100,000 Euros and you sell 131,250 US dollars.<\/p>\n<h3><strong>Spread<\/strong><\/h3>\n<p>It is the difference between the ask price and the bid price. The spread represents the brokerage service costs and replaces transaction fees.<\/p>\n<p>There are fixed spreads and variable spreads:<\/p>\n<p>Fixed spreads maintain the same number of pips between the\u00a0ask\u00a0and\u00a0bid\u00a0price, and are not affected by market changes.<\/p>\n<p>Variable spreads increase or decrease according to the liquidity of the market. Forex will always exhibit variable spreads.<\/p>\n<p>Spread can also vary depending on the account you have. Spread-only accounts will have larger spreads compared with more professional accounts.<\/p>\n<h3><strong>Equity<\/strong><\/h3>\n<p>Equity is the value of the trader&#8217;s position after any pending trades are settled. It is usually denoted by the symbol &#8220;EQ.&#8221; It refers to the percentage of ownership that a shareholder has in a company.<\/p>\n<p>A positive equity means that one has made profit trading, and a negative equity means that one has encountered a loss.<\/p>\n<h3><strong>Bear Market\/ Bull Market<\/strong><\/h3>\n<p>A bear market <span data-slate-node=\"text\" data-slate-fragment=\"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\">is a market trend in which prices are falling and investors are selling off their holdings. A bull market is a market condition in which prices are rising and investors are buying up assets, leading to price increases. These provide possibilities for traders to make profits, depending on their trading strategy.<\/span><\/p>\n<p style=\"text-align: center;\"><strong><a href=\"https:\/\/entri.app\/course\/forex-trading-course\/\" target=\"_blank\" rel=\"noopener\">Master the Art of Forex Trading! Get Free Demo!<\/a><\/strong><\/p>\n<table class=\"table\" dir=\"ltr\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\" colspan=\"2\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Related Links &quot;}\"><strong>Related Links<\/strong><\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;OET Exam 2023&quot;}\"><strong><a href=\"https:\/\/entri.app\/blog\/what-is-pips-in-forex-and-how-to-calculate\/\" target=\"_blank\" rel=\"noopener\">What is pips in Forex Trading? How to calculate pips?<\/a><\/strong><\/td>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;OET Writing - Complete Guide &quot;}\"><a href=\"https:\/\/entri.app\/blog\/what-do-we-trade-in-forex\/\" target=\"_blank\" rel=\"noopener\"><strong>What do we trade in Forex?<\/strong><\/a><\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;OET Speaking - Complete Guide&quot;}\" data-sheets-hyperlink=\"https:\/\/entri.app\/blog\/oet-speaking\/\"><a href=\"https:\/\/entri.app\/blog\/can-forex-trading-make-you-rich\/\" target=\"_blank\" rel=\"noopener\"><strong>Can Forex Trading make you rich?<\/strong><\/a><\/td>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;OET Reading - Complete Guide &quot;}\"><a href=\"https:\/\/entri.app\/blog\/how-much-to-start-forex-trading\/\"><strong>How much do I need to start Forex trading?<\/strong><\/a><\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;OET vs IELTS &quot;}\"><a href=\"https:\/\/entri.app\/blog\/top-forex-trading-apps-in-india\/\" target=\"_blank\" rel=\"noopener\"><strong>Top 15 Forex Trading Apps in India<\/strong><\/a><\/td>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;OET Mock Test&quot;}\"><a href=\"https:\/\/entri.app\/blog\/what-is-currency-trading\/\" target=\"_blank\" rel=\"noopener\"><strong>What is currency trading?<\/strong><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Forex trading can be a daunting task for beginners. There are a lot of things to keep in mind while trading. One such thing is the terms used in Forex.\u00a0 There is a plethora of terms to keep up with, and you need to understand what they mean in order to trade successfully. In this [&hellip;]<\/p>\n","protected":false},"author":85,"featured_media":25579011,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[802,1867],"tags":[],"class_list":["post-25578874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-stock-marketing"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top 10 Forex Terms Every Trader Should Know<\/title>\n<meta name=\"description\" content=\"A basic understanding of forex terms will help you get comfortable with trading. Read on to learn some of the core forex terms\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/entri.app\/blog\/top-forex-terms-every-trader-should-know\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 10 Forex Terms Every Trader Should Know\" \/>\n<meta property=\"og:description\" content=\"A basic understanding of forex terms will help you get comfortable with trading. 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