Risk Warning: CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage.
Approximately 80% of retail client accounts lose money when trading in CFDs and spread bets.
You should consider whether you understand how CFDs and spread bets work and whether you can afford to take the high risk of losing your money.

Drawdown

Lunaro Trading Team
05/03/2026

The decline in portfolio value from peak to trough, used to measure investment risk.

Bond

Lunaro Trading Team
05/03/2026

A fixed-income security where an investor lends funds to a government or company in exchange for periodic interest payments and repayment of principal at maturity.

Client Money

Lunaro Trading Team
05/03/2026

Means money of any currency which an Authorised Person holds on behalf of a Client.

Delta one

Lunaro Trading Team
05/03/2026

Instruments closely mirroring the price movement of an underlying asset on a one-to-one basis.

Bid Price

Lunaro Trading Team
05/03/2026

The bid price is the highest price a buyer is willing to pay for a financial instrument at a given time.

Closing price

Lunaro Trading Team
05/03/2026

The final trading price of an asset at the end of a trading session, used as a reference for future activity.

Dark pools

Lunaro Trading Team
05/03/2026

Private trading venues where large orders are executed anonymously to minimize market impact.

Breakout

Lunaro Trading Team
05/03/2026

A breakout occurs when an asset’s price moves beyond a defined support or resistance level, signaling a potential strong trend in the direction of the move.

Credit rating

Lunaro Trading Team
05/03/2026

A measure of a borrower’s ability to repay debt, helping traders assess risk in bonds and other fixed-income investments.

Developed markets

Lunaro Trading Team
05/03/2026

Countries with advanced financial systems and stable economies, offering lower risk.