FOREX BASIC TERMINOLOGY


In order to become a successful trader, it is vital to understand the basic Forex terminology, which at times may be misleading.
Inflation
An economic condition whereby prices for consumer goods rise, eroding purchasing power.
Initial margin
The initial deposit of collateral required to enter into a position as a guarantee on future performance.
Interbank Rates
The Foreign Exchange rates at which large international banks quote other large international banks.

PACKED WITH THE KNOWLEDGE OF THE BASIC TERMS, YOU ARE ONE STEP AHEAD IN MAKING YOUR TRADING JOURNEY A PROSPEROUS ONE.