What is Market maker?
Market maker: A broker that takes the other side of its clients' trades and sets its own buy and sell prices, usually earning from the spread.
More terms
- Margin
- The amount a broker sets aside from your balance to open a leveraged position, equal to the position value divided by the leverage.
- Margin call
- A warning from your broker when your margin level falls to a set threshold, asking you to deposit funds or close positions before a stop-out...
- Margin level
- Your equity divided by the margin in use, times 100; it shows how close the account is to a margin call or stop-out.
- Market order
- An order to buy or sell immediately at the best price available when it is sent.
- Negative balance protection
- A broker's guarantee that you cannot lose more than your account balance: if a sharp move pushes it below zero, the broker resets it to zero...
- Pip
- The smallest usual price change of a currency pair: 0.0001 for most pairs and 0.01 for pairs quoted in Japanese yen.