Glossary - O

This glossary defines terms used throughout SMC Trader.  A version of this glossary is also accessible through the SMC Trader platform.

The definitions are broken down as simply as possible to ensure you have full understanding of how the SMC Trader works.

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Offer Price »

The price at which you can buy the specified instrument. This is called the Offer price.

For Margin FX trading, it is the price at which you can buy the trade/base currency (quoted first) by selling the price currency of the pair.  For example, if you buy 100,000 EUR/USD, you are buying 100,000 Euros against US dollars.