Glossary of Terms

Search common forex trading terms and definitions from A to Z.

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Below is a glossary of terms that are used in the online trading industry. Select the first letter of the word you are seeking from the list above to jump to the appropriate section of the glossary.

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Last Dealing Day

The last day (during the month) in which a trader can deal in a particular product. May differ from the contract’s expiry date.

Last Dealing Time

The last time (during the day) in which a trader can deal in a particular product. May differ from the contract’s expiry date.

Leverage

The use of borrowed capital for an investment in order to significantly increase the profits that can be made from it. For example, with a leverage ratio of 1:30, a trader can trade a notional amount 30 times greater than his/her available capital (i.e. $30 for each $1).

Liquidity

The ability of a security or financial instrument to be bought or sold with ease, or (in relation to a financial market), the ability to carry out large volumes of trades. The opposite of illiquid.

Litecoin

What is Litecoin?

Litecoin is the world’s second largest cryptocurrency and digital payment system, after Bitcoin. It operates using blockchain technology, which is a public ledger recording all transactions. While Litecoin is completely unregulated, which might give some investors pause, it has also proven to be extremely secure, as no hackers have succeeded in compromising the blockchain technology.

How does one use Litecoin?

Using a hashing algorithm, “miners” can discover Litecoins, and while there is a limited number of Litecoins that will ever be mineable, that limit is 84 million, or four times the number of Bitcoins. The Litecoins already on the market and in circulation can be traded like any other asset, and many forex brokers – including Fortrade.com – do enable traders to trade Litecoin CFDs on their platforms.

Links related to Litecoin

LSE

An abbreviation for London Stock Exchange.

LTC

The currency code for Litecoin.

Did you know?
Learning about Forex and CFD trading can provide many benefits, including better results. If you are ready to begin trading with Fortrade, just click the ‘Trade now’ button.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86.59% 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.