Trading Basics

Bid-Ask Spread

The difference between the price the trader and buy at and the price they can sell at.

Also bid-offer spread. The wider the spread, the more the trader pays, reactively.

Aussie or Ozzie are short hand terms for the AUD/USD currency pair

The amount of credit given to a trader by a broker. Hardly done anymore.

The economic resource used to buy assets, normally with the view to provide a product or service.

Learn the skills needed to trade the markets on our Trading for Beginners course.