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
- Futures contractA standardised agreement to buy or sell an asset at a fixed price on a future date, traded on an exchange.
- Free marginThe part of your account equity not tied up as margin for open positions. It shows how much room you have to open new trades or absorb losses on existing ones.
- Fractional sharesA portion of a single share, letting you invest a fixed amount instead of buying a whole unit.
- FINMA (Swiss Financial Market Supervisory Authority)Switzerland's independent financial regulator, which supervises banks, insurers and securities firms. A broker with a Swiss banking or securities licence is overseen by it.
- Fibonacci retracementA charting tool that draws horizontal lines at set percentages, such as 38.2% and 61.8%, of a previous price move. Traders watch those lines as possible areas where a pullback might pause, though there is no guarantee p…
- FCA (Financial Conduct Authority)The UK regulator that authorises and supervises financial firms, including forex and CFD brokers. Its public register lets you check whether a firm is authorised and what it may do.
- Expert advisor (EA)An automated trading program that runs on MetaTrader platforms.
- Expense ratioThe yearly fee a fund charges, shown as a percentage of the amount invested.
- Execution modelThe way a broker handles your orders: either by taking the other side itself through a dealing desk, or by passing them to outside liquidity providers through STP or ECN routing. The model affects spreads, speed and pos…
- Ex-dividend dateThe first day on which a newly bought share no longer comes with the upcoming dividend, which goes to those who owned it before. The share price usually opens lower by about the dividend amount.
- ETF (exchange-traded fund)A fund that holds a basket of assets and trades on an exchange like a share.
- ESMA (European Securities and Markets Authority)The EU body that coordinates securities regulation across member states. It has used temporary product-intervention powers to restrict how CFDs are sold to retail clients, including caps on leverage.