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Position

An active trade that has been entered but not yet closed or expired.

Related Terms

FTD (First-Time Deposit) A term used in the Zentrader Affiliate Program referring to the first deposit made by… KYC (Know Your Customer) The identity verification process required to activate a live trading account. Zentrader requires a valid… Long Position A position that profits when the price of the asset rises. Equivalent to selecting "High"… Asset A financial instrument available for trading. On Zentrader, assets include forex pairs, commodities, stocks, stock… Closing Price The price of an asset at the time a trade's outcome is determined. For High/Low… Cashback A bonus credited to a trader's account. Cashback can be offered as part of a…

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