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.

Mid cap

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05/03/2026

Companies with a market value typically between $2 billion and $10 billion.

Market Order

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05/03/2026

An order to buy or sell a security immediately at the best available current price.

Metals

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05/03/2026

Tradable commodities such as gold, silver, platinum, and copper used for investment and hedging.

Non-farm payrolls (NFP)

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05/03/2026

A key U.S. economic indicator measuring employment in major sectors excluding farming and households.

Off book

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05/03/2026

A trade conducted directly between parties outside a formal exchange, often via OTC markets.

On exchange

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05/03/2026

Trading executed directly on a regulated exchange’s order book.

On-balance volume (OBV)

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05/03/2026

A technical indicator using volume to predict price movement.

Ongoing charges figure (OCF)

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05/03/2026

Recurring charges covering fund management, administration, and operational costs.

OPEC

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05/03/2026

The Organization of the Petroleum Exporting Countries coordinating policies to stabilize global oil markets.

Quote currency

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05/03/2026

The second currency in a forex pair, showing how much is needed to buy one unit of the base currency.