Trading Glossary

A comprehensive reference of trading terms and definitions to help you understand the markets.

B

Broker

An intermediary that executes trades on your behalf, connecting you to the broader market.

M

Market

A venue where buyers and sellers meet to trade financial instruments at prices set by supply and demand.

P

Position

Your exposure to an asset — long if you benefit from price rises, short if you benefit from falls.

S

Slippage

The difference between the price you expected and the price you actually received on a fill.

Stop-Loss

An automated order placed to close a position when it reaches a specific price, designed to limit potential losses.