GLOSSARY

FIX- Financial Information Exchange.

Ask (Offer)-Price of the offer, the price you buy for.

Euro-Currency used in most of Europe.

Bid-Price of the demand, the price you sell for.

Cable-A Forex trader’s slang word GBP/USD currency pair.

CFD-A Contract for Difference.

RC-Remittance Confirmation.

Commission-Broker commissions for operation handling.

CPI-Consumer price index.

EA-Expert Advisor.

SWIFT-Society for Worldwide Interbank Financial Telecommunication.

 

Currency Converter