Trading Basics
Margin
Margin is the amount of money needed in a trading account to open a position.
Other Trading Basics
Currency Options
A option is the right to buy or sell something in the future but not the obligation. A currency option is on an FX market.
Bank of England
The UK’s central bank responsible for setting interest rates for Sterling and maintaining stability in the UK’s financial industry.
Close A Position
When a trader places a trade to reduce their position to zero.
They are closing their position.
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