Trading Basics
What is a central bank?
A central bank or monetary authority is a monopolised and often nationalized institution given control over the distribution of money and credit.
Other Trading Basics
Binary Bet
A binary bet offers a win or loss outcome, nothing in between.
Binary options are now banned in the EU.
Basis Point
A basis point is 0.01% and is typically used when quoting interest rate changes.
A move of 0.25% is described as 25 basis points.
Broker
Provides access to the financial markets for traders.
Brokers come in all shapes and sizes.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.