Balance
Your account value from closed trades, deposits and withdrawals, not counting open positions.
Related terms
Equity
Your account balance plus or minus the floating profit or loss of…
Broker
The firm that gives you access to the market, holds your funds and…
Cent account
An account denominated in cents, so balances and lot values are…
Commission
A fixed fee per lot charged by some account types, usually…
Contract for difference (CFD)
A derivative that pays the difference in an asset’s price between…
Copy trading
Automatically mirroring another trader’s positions in your own…