Equity is the main indicator on the account. Equity = your balance + credit + current profit on transactions.
Category: General questions
A credit is company money that the company has deposited into your account as a bonus or prize – it is no different from the balance – it also participates in drawdown and trading. But it cannot be withdrawn from your account. Equity is used for trading. Equity = Balance+Credit+Current Profit. In a certain situation […]
If the trades on your account have reached such a drawdown that there are practically no funds left on your account, your trades will be closed forced. In this case it is said that you have reached a stop-out. This happens if the collateral falls to 30% of your funds. Say, if you bought 10,000 […]
When you make a trade, you use Trading Leverage. In fact, the company gives you a special loan, which according to certain rules it takes from the bank or from its own funds. If you have $100 in your account and you buy 1000 euros on the market (which are worth $1,200) or 0.1 bitcoin, […]
Currency pairs that do not have USD (dollar) within them are called cross rates. For example (EUR/GBP, EUR/CHF, CHF/JPY). In the cryptocurrency market, cross rates are often called those pairs without the dollar and/or Bitcoin – for example (ETH/LTC).
Take Profit is created for gaining profit when the price of a financial instrument reaches a predetermined level. Execution of this order causes the position to be closed. The order can be placed only together with a market or a pending order. When checking the condition of this order for long positions the Bid price […]
This order is intended to minimize losses in case the price of a financial instrument starts moving in an unprofitable direction. If the instrument price reaches this level, the position will be closed automatically. Such order is always connected with an open position or a pending order. When checking the condition of this order for […]
When you set a trailing stop (for example, for 30 pips), the following happens: The platform does not take any action until the position has “gone” in profit by 30 pips (the value of the trailing stop). After that the trading platform sets a stop loss at a distance of 30 pips from the current […]
1 pip (or pips) is the minimum change in price of a currency pair or other instrument. For example, for EUR/USD it is 0.0001.
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