Please note ThinkMarkets does not provide CFD services to residents of the US.

Please note ThinkMarkets does not provide CFD services to residents of the US.

Learn To Trade
 
Indicators & Chart Patterns

Deepen your knowledge of technical analysis indicators and hone your skills as a trader.

Find your detailed guides here
Trading Glossary

From beginners to experts, all traders need to know a wide range of technical terms. Let us be your guide.

Learn more
Knowledge Base

No matter your experience level, download our free trading guides and develop your skills.

Learn more
Learn To Trade

Trade smarter: boost your skills with our training resources.

Create a live account
Market Analysis
 
Market News

All the latest market news, with regular insights and analysis from our in-house experts

Learn more
Economic Calendar

Make sure you are ahead of every market move with our constantly updated economic calendar.

Learn more
Technical Analysis

Harness past market data to forecast price direction and anticipate market moves.

Learn more
Live Webinars

Boost your knowledge with our live, interactive webinars delivered by industry experts.

Register now
Special Reports

Engaging, in-depth macroeconomic analysis and expert educational content from our in-house analysts

Learn more
Market Analysis

Harness the market intelligence you need to build your trading strategies.

Create a live account
Partnership
 
Affiliate Programme

Grow your business and get rewarded. Find out more about our Affiliate Programme today.

Learn more
Introducing Broker

ThinkMarkets ensures high levels of client satisfaction with high client retention and conversion rates.

Learn more
Proprietary Trading

Partner with us to build your own prop trading business. Enquire with our account managers today.

Learn more
White Label

We supply everything you need to create your own brand in the Forex industry.

Learn more
Regional Representatives

Partner with ThinkMarkets today to access full consulting services, promotional materials and your own budgets.

Learn more
Refer a friend

Receive $50 for you and your friend when you convert them into an active trader of ThinkMarkets.

Learn more
Partnership

Plug into the next-gen platforms and the trades your clients want.

Partner Portal
About ThinkMarkets
 
Sponsorships

Check out our sponsorships with global institutions and athletes, built on shared values of excellence.

Learn more
About Us

Find out more about ThinkMarkets, an established, multi-award winning global broker you can trust.

Learn more
Careers

Discover a range of rewarding career possibilities across the globe

Apply now
ThinkMarkets News

Keep up to date with our latest company news and announcements

Learn more
Trading Infrastructure

When it comes to the speed we execute your trades, no expense is spared. Find out more.

Learn more
Contact Us

Our multilingual support team is here for you 24/7.

Learn more
About ThinkMarkets

Global presence, local expertise - find out what sets us apart.

Create a live account
Log in Create account

Glossary

Not sure what a trading term means? Search below to find the answer.

Forex Terms

Appreciation

Common term used to describe a currency increasing in value, as a result of market forces as opposed to official adjustment.

Aussie

In Forex trading, it's a nickname for the Australian dollar.

Cable

Refers to the Sterling/US Dollar exchange rate.

Currency basket

Refers to a weighted group of currencies purchased together, usually by a Central Bank for the purpose of fixing an exchanging rate.

Currency intervention

A situation where a central bank attempts to influence the value of its currency by either selling or buying it on the forex market. 

Currency swap

Agreement between two parties to exchange principal and fixed rate interest payments on a loan in one currency for principal and fixed rate interest payments on an equal loan in another currency.

Deflation 

A decrease in the general price level of goods and services, whereby the inflation rate falls below zero percent, resulting in an increase in the real value of money.

Depreciation 

Decline in the value of an asset, currency, or security.

Fixed Exchange Rate

Exchange rate regime in which a currency is pegged by the Central Bank so that it cannot fluctuate against other currencies. Currencies can be pegged to other currencies or commodities, such as gold.

Hard Currency

Any 'major' currency that investors have confidence in.

Key currency

Stable, globally-used currencies used in international trade and commerce. Smaller countries often peg their own currency to a key currency, or basket of such monies, and they are often kept as reserves by international central banks.

Kiwi

Informal term for the New Zealand Dollar.

Lot

Standardized quantity in forex, composed of 100,000 units of a particular currency pair.

Liquid Market

When there are plenty of lots of a particular currency being bought and sold every day.

Net Asset Value (NAV)

In a forex trading account, equal to the balance of deposits, realized and unrealized profit/loss, and interest - minus withdrawals.

Official Settlements Account

US balance of payments category that sums the movement of dollars in foreign official holdings and US reserves.

Peg

Type of exchange rate regime where one currency's value is fixed to another currency or basket of currencies.

Purchasing Power Parity

Model of exchange rate determination based on the law of one price, which states that the price of a good in one country should equal the price of the same good in another country.

Quote currency

Currency listed second in a currency pairing.

Reciprocal Currency

A currency pair involving the US Dollar where the US dollar is not the first currency quoted. For example, the euro is the base currency when paired with the US dollar.

Reserve Currency

Any currency that is perceived as stable or reliable, meaning that central banks are willing to hold it in mass quantities. The US Dollar is currently the world's foremost reserve currency.

Sterling

Official term for the British Pound.

Swissie

In Forex trading, it's a nickname for the Swiss Franc.

Unconvertible Currency

Any currency that cannot be freely exchanged for other(s) because of foreign exchange regulations.

US Dollar Index (USDX)

Measure of the value of the US dollar, weighted according to the currencies of its trading partners.

XAG/USD

The currency symbol for Silver/U.S Dollar.

XAU/USD

The currency symbol for Gold/U.S Dollar.

Back to top