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Start here · 6 lessons
Trading basics for beginners
What a CFD is, how prices move, how to place an order and how to size a position so a single trade can’t hurt your account.
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Key terms
Four words you’ll see on every trade ticket.PipThe smallest standard price move. On EUR/USD, one pip is 0.0001.
SpreadThe difference between the buy and sell price. It is the main cost of a trade.
LeverageLets you open a larger position with a smaller deposit. It increases both gains and losses.
MarginThe part of your balance set aside to keep a leveraged position open.