Borrowing part of the money for an investment. In Forex, the money usually comes from a broker. Leverage allows investors to take a position larger than would otherwise be possible using only one’s own funds, thus increasing potential rewards and risks than otherwise possible.

An order for a broker to buy an asset at a predetermined lower price or sell an asset at a higher price or better. This is different from a stop order because it can only be done at the limit price or better. Limit orders are not executed if markets don’t reach limit price, or if the market is moving quickly.

The ease with which one can execute a trade or the size of a trade one can make without moving the price. Assets that have multiple participants ready to buy or sell at all times and where large orders can be easily executed are referred to as liquid.

07:00 to 16:00 London Time

To buy a financial instrument expecting it to rise in value. To own an asset. In FX, because of the nature of currencies priced as pairs, entering a trade means you will always be long one currency and short another simultaneously. According to convention, going long on a currency pair means you are long the base currency and short the quote currency.

A placed order of 100,000 units for currencies and 100 shares for stocks. The traditional way to trade currency pairs is in standard lots, meaning that one is buying 100,000 units of base currency while selling the quote currency. A mini lot is 10,000. While a micro lot is 1,000.

The London Stock Exchange Group is a diversified international exchange group based in London.