Glossary of terms

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  • Leverage

    The possibility of taking a position in the futures contract or another financial instrument with a value greater than the invested capital. The greater the position leverage, the greater the potential profit or loss.

  • Long

    Purchase of the base currency of a specific currency pair. The position that is profitable when the market price increases. In the case of EURUSD, a long position means buying Euros for dollars.

  • Lot

    The standard unit of transaction, always with a value of 100 000 units of the base currency.