Forex Glossary

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Margin Call
A demand for additional funds to be
deposited in a margin account to meet
margin requirements because of adverse price
movements.
Market Order
An order to buy or sell a financial instrument
immediately at the best possible price.
Mark-to-Market
A term that means a security is to be valued
at its current market price.
Offer
The price at which an instrument is offered
and can be purchased. (Also See Ask)
Native Currency
The currency held in your account.
Pip
The full minimum price fluctuation
for a currency pair in the Forex market.
TradeStation quotes Forex in fractional pips
(1/10 pips).