Know basics of trading For Traders

Spreads: Spreads represent the cost of trading and are the difference between the buying and selling prices of an asset, influencing a trader's overall expenses.

Swaps: Swaps are overnight interest rate differentials applied to open positions, either adding to or deducting from a trader's account balance, depending on the direction of the trade and interest rate differentials.

Margin: Margin is the collateral required to open and maintain positions, allowing traders to control larger positions with a fraction of the total trade value.

Leverage: Leverage amplifies a trader's market exposure but also increases risk, as it allows traders to control larger positions with a relatively smaller amount of capital.

Conversions: Conversions refer to exchanging one currency into another, which is an integral part of Forex trading and international financial transactions.

Margin Call: A margin call occurs when a trader's account balance falls below the required margin level, prompting the broker to request additional funds to cover potential losses and avoid position liquidation.