Spread
The price difference between two related markets or commodities.The difference between the bid and the ask. Generally speaking, more liquid (heavy volume) currency pairs usually have smaller bid/ask spreads. Less liquid currency pairs (l...
Swap Points
The overnight or rollover interest (which is earned or paid) for having open positions running up to the next trading day. The simultaneous purchase and sale of the same amount of a given currency for two different dates, against the ...
Mid-Price or Middle Rate
The price half-way between the two prices, or the average of both buying and selling prices offered by the market makers.
Cross Rate
An exchange rate between two currencies, usually constructed from the individual exchange rates of the two currencies, measured against the USD. Cross rate is a correlation between two currencies based on correlation between their exc...
Leverage
What is Leverage?Leverage is the key tool of Forex What is Leverage? Leverage is a financial tool that enables an investor to amplify his or her market exposure to a level that surpasses his or her initial capital. The ability t...