logo
It looks like you are based in the
Click proceed to be taken to .
Proceed
logo

Thank you for your interest in Tickmill UK Ltd: which is authorised and regulated by the Financial Conduct Authority (FCA) and falls outside the European regulatory framework.

It looks like you are physically located in the EEA, therefore if you would like to proceed with Tickmill UK Ltd, please confirm this decision has been made by you independently without any marketing or solicitation by Tickmill UK Ltd.

Proceed

Select Language

The industry’s
most important terms explained.

Discover a wealth of financial terms and definitions that every trader should know.
Forex Glossary

D

Day Trader

Speculators who take positions in commodities which are then liquidated prior to the close of the same trading day.

Dealer

An individual or firm that acts as a principal or counterpart to a transaction. Principals take one side of a position, hoping to earn a spread (profit) by closing out the position in a subsequent trade with another party. In contrast, a broker is an individual or firm that acts as an intermediary, putting together buyers and sellers for a fee or commission.

Deficit

A negative balance of trade or payments.

Delivery

An FX trade where both sides make and take actual delivery of the currencies traded.

Depreciation

A fall in the value of a currency due to market forces.

Derivative

A contract that changes in value in relation to the price movements of a related or underlying security, future or other physical instrument. An Option is the most common derivative instrument.

Devaluation

The deliberate downward adjustment of a currency’s price, normally by official announcement.

Discount Rate

Interest rate that an eligible depository institution is charged to borrow short-term funds directly from the Federal Reserve Bank.