The interest rate differential has been defined as the difference in the interest rates for each of the two currencies in the currency pair. Each currency has its own interest rate, and the...
Category: Forex terms
What is tp in trading? Take profit or tp is a pending order placed to close a profitable position once the market reaches a specific price. Take profit order allows the trader to set a predefined...
What is a forex account? A forex account is an online platform account used for holding and trading forex currencies. A trader will usually open a forex account at the preferred broker, deposit...
Forex trading limits in the currency markets Forex daily trading limit is the maximum amount, either up either down, that exchange-traded security (currency pair) is allowed to fluctuate in one...
Forex futures contracts The foreign exchange (forex) rates for currencies are always changing depending on several factors, so a business trader may wish to ensure that currency is available at a...
What is arbitrage trading? Arbitrage trading represents simultaneously buying and selling identical financial instruments in different markets or different forms to profit by exploiting the price...