Trading Basics

GFD

An order type that is ‘Good For the Day’. If not filled it will expire at the end of the trading day.

For those with excellent credit some brokers will provide a credit account. This means the trader puts up less margin.

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

The interest rate that the central bank of a country sets for retail banks.

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