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Related Terms

• Binary Options

  A binary option is a type of options contract in which the payout will depend entirely on the outcome of a “Yes or No?” or “True or False” proposition. Don’t be intimidated! Its name may sound complicated, but binary options are arguably a simpler way to trade than traditional options or currencies. Just like traditional […]

• Spread

  Forex brokers will quote you two different prices for a currency pair: the bid and ask price. The “bid” is the price at which you can SELL the base currency. The “ask” is the price at which you can...

• Slippage

  Slippage occurs when an order is filled at a price that is different from the requested price. The difference between the expected fill price and the actual fill price is the “slippage”. Whenever you are filled at a price different from the price requested, it’s called slippage. Slippage isn’t necessarily something that’s negative because any […]

• Capital Account

  The capital account records all economic transactions between residents of the country and the rest of the world.

• Current Account

  The Current Account is the difference between a nation’s total exports of goods, services, and transfers, versus its total imports.