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Selling Rate (Bid Rate)
The Selling Rate is the quantity of a secondary currency that a market-maker will be required to be pay for the sale of a unit of the base currency. This term is used interchangeably with the term “Bid Rate”.

Spot Price
The Spot Price is the market price at a particular moment in time. This is also called “the transaction date” or “the trading date”.

Spread
The Spread is the difference between the buying price of a currency (the ‘Ask’ price) and its selling price (the ‘Bid’ price).

Stop-Loss
A Stop Loss order allows traders to set an exit point for a losing trade when they define their risk and offset their trade accordingly.

Support Levels
Support is a term used in technical analysis that specifies the price level a currency does not fall below for a period of time.