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Currency

Chartist

A chartist is an individual who uses technical analysis to analyze past price movements in order to predict future prices. This approach involves studying various chart patterns and indicators in order to identify potential trading opportunities. Chartists believe that historical price data can provide insights into future price movements and use this information to make informed trading decisions. This method of analysis is often used in the financial industry to assess market trends and make investment decisions.

Fill

When a customer wishes to trade currencies, they place an order which is then executed by a broker through the foreign exchange market. This process, known as order fulfillm...

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Base interest rate(benchmark interest rate)

Let's delve into the concept of a "prime rate," shall we? This rate, established and released by commercial banks, serves as the base for calculating the interest on various...

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Margin account

A leverage account enables traders to purchase assets on credit and borrow against the currencies held in the account. However, the terms and conditions for credit and borro...

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USD

The US Dollar is represented by the currency symbol $. This symbol is used to denote the value of the American currency in international financial transactions. It is a wide...

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