What does “Equity” mean? The account equity or simply “Equity” represents the current value of your trading account. Equity is the current value of the account and fluctuates with...
What does “Used Margin” mean? In order to understand what Used Margin is, we must first understand what Required Margin is. Whenever you open a new position,...
In your trading platform, you will see something that says “Unrealized P/L” or “Floating P/L” with green or red numbers beside them. In this lesson, we explain what Unrealized...
What does “Account Balance” mean? In order to start trading forex, you need to open an account with a retail forex broker or CFD provider. Once your...
You can open a demo account for FREE with most forex brokers. These “pretend” accounts have most of the capabilities of a “real” account. But why is it...
Forex is commonly traded in specific amounts called lots, orbasically the number of currency units you will buy or sell. A “lot” is a unit measuring a transaction...
