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
- Put optionAn option giving the buyer the right, not the obligation, to sell an asset at the strike price before expiry. Its value tends to rise when the asset's price falls.
- Professional clientA client category with fewer regulatory protections, available to those who meet experience and wealth criteria.
- PremiumThe price paid for an option contract.
- Position sizingDeciding how large a trade should be, often based on the amount of money you are willing to lose if it fails and the distance to your stop-loss. It controls risk more directly than the choice of entry point.
- Pipette (fractional pip)One tenth of a pip, shown as the fifth decimal place in most currency prices (or third for yen pairs). Many brokers quote prices to the pipette for finer pricing.
- PipThe standard small unit of a currency price move, usually the fourth decimal place (0.0001), or the second for pairs with the yen.
- PassportingThe right of a firm authorised in one European Economic Area country to offer services in other member states without a separate licence in each. UK firms lost this automatic right after Brexit.
- Order bookThe running list of all unfilled buy and sell limit orders for an asset on an exchange, sorted by price. When a buy and a sell order match, they trade and leave the book.
- OptionA contract that gives the buyer the right, but not the obligation, to buy or sell an asset at a set price before a date.
- OCO order (one cancels the other)A pair of linked orders, often a take-profit and a stop-loss, where filling one automatically cancels the other. It lets you set both an exit target and a protective exit at the same time.
- NFP (non-farm payrolls)A monthly US report from the Bureau of Labor Statistics counting how many jobs were added, excluding farm workers and a few other categories. It is released on a regular schedule, usually the first Friday of the month, …
- Negative balance protectionA rule or policy that stops retail clients from losing more than the money in their account.