CFDs are highly speculative, leveraged instruments. Trading in CFDs carries a high degree of risk to your capital. Investors should ensure they possess adequate market knowledge or seek independent financial advice before executing trades.

Glossary and FAQs

Explore key trading terms and find answers to common questions about GTCFX's products, services, and trading conditions.

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W · Trading glossary

4 terms

Working day

A day on which the banks in a currency's principal financial centre are open for business. For FX transactions, a working day only occurs if the bank in both financial centre's are open for business (all relevant currency centers in the case of a cross are open).

Whipsaw

A situation in which a trader is stopped out of a position due to a sudden reversal in price after a brief period of moving in their favor.

Warrants

Warrants are a form of traded option. They are the right to purchase shares or bonds issued by a company at a specific price within a specified time span.

Wash trade

A matched deal which produces neither a gain nor a loss.

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