Commission
A fixed fee per lot charged by some account types, usually alongside tighter raw spreads.
Related terms
Spread
The difference between the bid and ask price, and the main cost of…
Raw spread account
An account type with spreads close to the interbank market plus a…
Balance
Your account value from closed trades, deposits and withdrawals,…
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…
Contract for difference (CFD)
A derivative that pays the difference in an asset’s price between…