There are some important terms that are mainly used in the trading market and every trader should be aware of them, including:
Spread: It refers to the difference between the ask price and the offer price for a particular pair of foreign currencies.
شركات التداول المرخصة من مؤسسة النقدLeverage: It is borrowing a certain amount of money necessary to execute a specific trading deal.
Lot: It refers to the trading volume and the number of units bought or sold.
Pip: It is an abbreviation for percentage, and it is used in pricing changes in various currency pairs.
How to choose the best licensed trading companies in Saudi Arabia
The core of the work of any trading company is to facilitate buying and selling operations and the completion of various transactions. When a specific trading operation is carried out, the trading company supervising this process receives a commission of a certain percentage for each agreement.