Platforms & gateways

Account base currency is the single currency a trading account is denominated in. Every deposit, withdrawal, floating and realized profit or loss, margin figure, and IB commission tied to that account is calculated and …

Algorithmic trading is the use of computer programs to place, manage, and close trades automatically according to pre-defined rules, without a human clicking the button on each order. The rules can be as simple as a mov…

A Broker CRM & IB Back-Office is the broker's own client-and-partner management system, distinct from a pure affiliate platform. It handles client onboarding, the trader's room, and multi-level IB commission calculation…

A cent account is a live trading account whose balance and profit/loss are denominated in cents instead of whole dollars. A $10 deposit appears as a 1,000-cent balance, so positions are sized and results are shown in a …

Hedging, in retail forex, is holding a buy and a sell position on the exact same instrument at the same time, so the two positions offset each other and freeze the net exposure. If you are long 1 lot of EUR/USD and open…

An HFT affiliate is a partner who specifically markets to high-frequency and low-latency algorithmic traders — proprietary desks, quant funds, and advanced retail quants — rather than to ordinary retail clients. They pr…

An Islamic Account is a swap-free trading account that complies with Shariah law by charging and paying no interest (swap) on positions held overnight. Because riba (interest) is forbidden in Islamic finance, the broker…

An MT4/MT5 Manager ID is a privileged administrative login the broker issues to a White Label or large Master IB, granting access to the MetaTrader server backend to manage a defined group of clients. Unlike a trader lo…

A Margin Call is a warning from the trading platform that a client's account equity has dropped to the broker's minimum required margin level, meaning losing positions have eroded the buffer protecting them. The client …

Margin Requirement is the amount of capital a trader must set aside to open and maintain a specific leveraged position. It is the good-faith deposit the broker locks as collateral, and it moves inversely to leverage — h…

News trading is a short-term strategy that seeks to profit from the sharp price volatility triggered by scheduled macroeconomic releases and central-bank announcements. Traders position around events such as US Non-Farm…

A raw-spread account passes clients the direct interbank bid/ask price with little or no broker markup — often starting at 0.0–0.2 pips on EUR/USD — and charges a fixed commission per lot instead. The trader pays the tr…

Scalping is an active trading strategy in which positions are opened and closed within seconds to a few minutes to capture very small price movements. A scalper may execute dozens or hundreds of trades in a single sessi…

Slippage is the difference between the price a trader expected on an order and the price at which it actually executes. It appears most during high volatility — such as news releases — and in thin, low-liquidity conditi…

A stop loss is an order left with a broker to close a position automatically once the price hits a preset level, capping the loss on that trade. It converts to a market order the instant the trigger price trades, so exi…

A stop out is the broker automatically closing a trader's open positions once the account's margin level drops to a critical threshold — commonly 50%, 20%, or 0%. It is the broker's last-resort defense against a client …

A take profit is a pending order attached to an open position that automatically closes the trade the moment price reaches a predefined profitable level, locking in the gain without the trader watching the screen. It is…

A trading account is the funded account a client holds with a broker to buy and sell currency pairs, CFDs, and other instruments. For an IB or affiliate it is the foundational product a referred client must open, fund, …

A VPS Partnership is a revenue arrangement in which an IB or affiliate refers traders to a Virtual Private Server (VPS) provider and earns commission on the hosting subscriptions those traders buy. A VPS is a remote, al…

A cTrader IB Program is an Introducing Broker partnership built on Spotware's cTrader platform, where partner tracking, sub-IB hierarchies, and rebate calculation are handled natively inside the broker's cTrader/cBroker…