Leverage
Leverage is executing a transaction with a sum of money that is larger than the amount of collateral in the client’s account. This enables a larger return and increases the risk accordingly.

Limit Instruction
Limit Instruction is an order given by the client regarding the purchase or sale of a currency at a certain price. This instruction is executed only if the market reaches the price the client desires.

Limit Order
A limit order is an order placed with a broker to buy or sell a security at a specified price or better. A buy limit order is only executed at the limit price or lower, and a sell limit order is executed at the limit price or higher.

Liquidation
Liquidation is converting all assets to cash in order to pay off debtors.

Long position (Buy)
Refers to Buying a financial instrument with a view to upsurge in price. As applied to currency pairs: purchase of base currency for quoted currency. As applied to CFD: purchase of base asset of CFD for USD.