CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63.1% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Our glossary of terms is designed to help explain some of the more complex terms that are used when trading.
Interest due to be credited or charged, but not yet posted to the account.
Otherwise known as the Offer price, the Ask price is the price at which Spread Co is willing to sell the asset to the Client. The Ask price is the price at which the client can buy the contract.
A recorded trail of transactional or performance based activity that allows reconstruction of how events unfolded.
The department within Spread Co responsible for all the administrational and processing activity relating to trading.
The currency in which the underlying instrument is quoted.
A person who believes that prices will decline.
A market characterised by declining prices.
The price at which Spread Co is willing to buy the asset (or in FX base currency). The price at which the client will be selling the asset (or in FX the base currency) also sometimes referred to as the “sell price”.
A person who believes that prices will rise.
A market characterised by rising prices.
A measurement of time that typically refers to any day in which normal business is conducted. This is generally considered to be Monday through Friday from 9am to 5pm local time, and excludes weekends and public holidays. Within the securities industry, any day the financial markets are open for trading is considered to be a business day.