“Ask”: the quote which is valid for buyers of the base currency.
“Balance”: financial result after all operations performed by the Customer via their account.
“Base Currency”: the currency whose price is quoted in relation to that of the other in a pair.
“Bid”: the quote which is valid for sellers of the base currency.
“Completed Transaction”: two counter deals identical in size.
“Currency Pair”: the ratio calculated as the value of a base currency against that of a quote currency.
“Instruction”: a request from Customer to Provider for any action concerning their Positions or Orders.
“Instrument”: Currency Pair, Precious Metal, Stock CFD, Energy.
“Leverage”: the ratio between the size of the Transaction and the size of the required Margin.
“Long Position”: a position for purchasing opened by Customer or on their behalf.
“Lot”: a unit of Instrument.
“Lot Size”: the number of shares, assets or units of Instrument included in one Lot.
“Margin”: the monetary deposit mandatory for maintaining Open Positions.
“Open Position”: any Position which does not constitute Completed Transaction.
“Order”: a command from Customer to Provider to initiate or finalize a position.
“Order Level”: the price used for the Order.
“Precious Metal”: spot gold or spot silver.
“Quote”: data reflecting the price for an Instrument at a given moment.
“Quote Currency”: the currency in a pair against which the value is quoted.
“Short Position”: a position for selling opened by Customer or on their behalf.
“Spread”: Ask price less Bid price.
“Trading Account”: the unique personalized digital system for registration of all transactions, positions, and orders.
“Trading Platform”: all technical means providing Quotes and allowing Transactions and Orders.
“Transaction”: any contract or transaction executed by the Customer or on their behalf.
“Transaction Size”: the product of multiplication between the number of Lots and Lot Size.
“Website”: Provider’s website at trinitytrade.in.