Tickmill Group Consists of the below Entities:
Tickmill UK Ltd
Authorised and Regulated by the FCA UK
Negative Balance protection
FSCS Protection
84 Trading Instruments
Tickmill Europe Ltd
Authorised and Regulated by CySEC
Negative Balance protection
ICF Protection
84 Trading Instruments
Tickmill Ltd
Authorised and Regulated by the FSA SC
Negative Balance protection
84 Trading Instruments

The forex industry is made up of countless definitions and it’s easy to forget a few along the way. But because no forex education can be complete without a glossary of forex terms, we’ve compiled one which aims at explaining key definitions in the simplest way possible.

Leading Indicators keyboard_arrow_down
Statistics that are considered to predict future economic activity.
Leverage keyboard_arrow_down
Also called margin. The ratio of the amount used in a transaction to the required security deposit.
LIBOR keyboard_arrow_down
The London Inter-Bank Offered Rate. Banks use LIBOR when borrowing from another bank.
Limit order keyboard_arrow_down
An order with restrictions on the maximum price to be paid or the minimum price to be received. As an example, if the current price of USD/JPY is 117.00/05, then a limit order to buy USD would be at a price below 117.00.
Liquidation keyboard_arrow_down
The closing of an existing position through the execution of an offsetting transaction.
Liquidity keyboard_arrow_down
The ability of a market to accept large transaction with minimal to no impact on price stability.
Long position keyboard_arrow_down
A position that appreciates in value if market prices increase. When the base currency in the pair is bought, the position is said to be long.
Lot keyboard_arrow_down
A unit to measure the amount of the deal. The value of the deal always corresponds to an integer number of lots.
  • Find most of the answers in our FAQ section

  • Online Chat

    Chat with Client Support Mon – Fri 09:00 – 22:00 (MT4 server time GMT + 2)
Please select your country
Tickmill Ltd
Get a response in up to 24 hours on business days.
Support Line
Call Client Support Mon-Fri 07:00-20:00 (GMT)
Your callback request has been sent
We will get back to you within 24 business hours.
Risk Warning: Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Losses can exceed the initial investment. Please ensure you fully understand the risks and take appropriate care to manage your risk.