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Slippage

The difference between the expected price of a trade and the price at which it is actually executed. Can occur during periods of high volatility or low liquidity.

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Cashback A bonus credited to a trader's account. Cashback can be offered as part of a… Paper Trading See Demo Account. Simulated trading using virtual funds. Underlying Asset The financial instrument (e.g. currency pair, commodity, stock) on which a binary option is based. Bid Price The price at which a seller can sell an asset. Zentrader uses the mid-price (average… Hedge A strategy to offset potential losses by taking an opposite position in a related asset. Market Order An order to buy or sell at the current market price. On Zentrader, trades are…

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