Glossary
Federal Reserve System
Central banking system of the USA is managed by a board of Governors of the Federal Reserve System, which is located in Washington D.C. FRB includes twelve regional privately-owned Federal Reserve Banks. Its duties include conducting the nation’s monetary policy, supervising Federal Reserve Banks and banking institutions, monitoring international operations of US banks as well as operations of foreign banks in the USA.
Floating Profit (Loss)
Floating (unrealized) profit (loss) for open positions at current quoted values.
FOREX
International currency exchange market that allows making profits by buying and selling currencies. An abbreviation of FOReign EXchange, meaning foreign currency exchange. The term ‘FOREX’ is used to describe exchange of convertible currencies, and not all currency exchange transactions. The phrase ‘FOREX market’ emphasizes that quotes are determined by market, not administrative forces. Forex transactions vary by purpose and may be of trade, speculative, hedging, or regulatory (currency interventions by central banks) nature.
FOREX CLUB
Forex Club is your partner on the FOREX market. With us, you will make profits by trading Forex.
FOREX CLUB TV
Our own Internet TV channel broadcasting latest news and reporting events from the world’s largest stock exchanges.
Free Margin
The free remainder of funds in the Client's trading account, including deposits, floating profits/losses on open positions, and rollover charges.
Free Margin (only MetaTrader 4™)
Funds free from liabilities related to open positions. FREE MARGIN = EQUITY – MARGIN REQUIRED.
