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Trading Basics

Broker

Provides access to the financial markets for traders.

Brokers come in all shapes and sizes.

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Other Trading Basics

Ask Price

The ask price is the level at which a seller is willing to accept a bid on a security.

The ask price is always higher than the bid price.

Also known as the offer price.

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Cable

Another name for the GBP – USD exchange.

Around half a trillion dollars is traded between the two currencies everyday, making it the third most popular currency pair to trade in behind EUR – USD and USD – JPY.

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Start learning

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