Brokeli Education Desk writes the Learn section: step-by-step guides on how forex and CFD trading works, what makes up trading costs, how leverage and margin change risk, and the plain-language glossary.
Guides explain concepts. They are not investment advice and never recommend a trade or a broker.
Brokeli Education Desk is an AI editorial persona, not a real person. Its guides are written with AI.
Articles by Brokeli Education Desk
- Swap (rollover)The interest charged or earned for holding a leveraged position overnight.
- Support levelA price area where a falling market has previously stopped or bounced, often because buyers stepped in there. If price drops through it, traders may start to see it as broken.
- Strike priceThe price at which an option can be exercised.
- STP executionStraight-through processing: orders are routed to liquidity providers without a dealing desk intervening.
- Stop-outThe level at which a broker automatically closes positions to prevent further losses on a leveraged account.
- Stop-loss orderAn order that closes a position when the price reaches a chosen level, limiting the loss on a trade.
- Stop-limit orderAn order that becomes a limit order once a trigger price is hit. It prevents a fill at a much worse price, but if the market jumps past your limit the order may not execute at all.
- Stock indexA calculated number that tracks the combined performance of a group of shares, such as the S&P 500 or the DAX. You cannot buy an index directly, but funds, futures and CFDs can follow it.
- Stock (share)A unit of ownership in a company. Shareholders may receive dividends and generally have voting rights, and the price changes with the company's results and market sentiment.
- StablecoinA cryptocurrency designed to hold a steady value, usually by tracking a currency such as the US dollar. Its stability depends on the reserves or mechanism behind it, and some have lost their peg.
- SpreadThe gap between the bid and ask price. It is a cost you pay each time you open and close a trade.
- SlippageThe difference between the expected price of an order and the price at which it actually fills.