📚 NEXUS Trading Education
Everything about trading
Forex & Crypto Glossary for Beginners
Essential trading terminology explained simply.
PIPS
The smallest price movement in forex. For USD/JPY, 1 pip = 0.01 yen.
SPREAD
The difference between bid and ask price. A primary trading cost.
LEVERAGE
Trading larger positions with smaller margin. 1:100 means $1 controls $100.
LOT
Trading unit. 1 standard lot = 100,000 currency units.
MARGIN
Collateral required to maintain an open position.
STOP-LOSS
An order to automatically close a position at a set price to limit losses.
TAKE-PROFIT
An order to automatically close a position at a target profit level.
SWAP
Interest rate differential charged/credited for holding positions overnight.
ZERO-CUT
System preventing negative balance. No margin calls. Common in offshore FX.
MT4
MetaTrader 4. The world's most popular forex trading platform.
MT5
MetaTrader 5. Successor to MT4 with more timeframes and faster processing.
ECN
Electronic Communication Network. Direct connection to multiple liquidity providers.
NDD
No Dealing Desk. Order execution without dealer intervention.
SCALPING
Ultra-short-term trading strategy taking small, repeated profits in seconds to minutes.
KYC
Know Your Customer. Identity verification required for account opening.
DEFI
Decentralized Finance. Financial services on blockchain without traditional banks.
PROP-FIRM
Proprietary trading firm. Companies providing traders with capital and sharing profits.
COPY-TRADING
Automatically replicating another trader's positions in your account.
EA
Expert Advisor. Automated trading programs running on MT4/MT5.
CFD
Contract for Difference. Trading price movements without owning the underlying asset.
⚠️ CFD and crypto trading carries high risk.