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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.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd. You should consider whether you understand how CFDs or our other products work and whether you can afford to take the high risk of losing your money.

Tickmill | Low Spread Forex Broker. Trade FX and OTC

Tickmill | Low Spread Forex Broker. Trade FX and OTC
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The industry’s
most important terms explained.

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

E

Economic Indicator

A government issued statistic that indicates current economic growth and stability. Common indicators include employment rates, Gross Domestic Product (GDP), inflation, retail sales, etc.

End Of Day Order (EOD)

An order to buy or sell at a specified price. This order remains open until the end of the trading day which is typically 5PM ET.

EURO

The official currency of the Eurozone, which consists of 19 of the 28 member states of the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.

European Central Bank (ECB)

The central bank for the euro and administers monetary policy of the Eurozone, which consists of 19 EU member states and is one of the largest currency areas in the world.

European Monetary Union (EMU)

The principal goal of the EMU is to establish a single European currency called the Euro, which has gradually replaced the national currencies of most of the EU countries since 2002. The Euro has been adopted by 19 EU member states.

Eurozone Organization for Economic Co-operation and Development (OECD) Leading Indicator

A monthly index produced by the OECD. It measures overall economic health by combining ten leading indicators including: average weekly hours, new orders, consumer expectations, housing permits, stock prices, and interest rate spreads.