what are forex trading markets

Currency/Forex/FX markets
The foreign exchange markets trade one state or
economic bloc’s currency versus another’s (commonly
called a cross rate). These markets are traded in ‘pairs’
of two separate currencies (i.e GBP/EUR is the Sterling
versus Euro currency pair). When a ‘Buy’ trade is made
in a currency pair the client is anticipating that the fist
quoted currency is going to rally versus the second.
Therefore if a client ‘Buys’ the EUR/YEN cross he wants
the Euro to rally versus the Yen.

CFD Slippage per contract

Gap (“gapping” or “slippage”)
Where a market moves directly from one correctly
quoted price to another, significantly different,
correctly quoted price or from one reasonably quoted
price by LCG to another reasonably quoted price by
LCG in relation to the size required by a client for
execution of an order. There can be many reasons for
gapping; economic figures, company announcements,
political events, natural disaster etc., but the effect is
that any fill on a stop-loss, limit or new order may be
subject to a ‘gap’ in the fill price from that requested
by the client in his/her order contract note.

In CFD what is Computer Generated Stop Level

(Max) CGSL –
(Maximum) Computer Generated Stop Level
This is the maximum margin from a client’s account that
our systems will use to allocate a stop loss on any newly
opened positions. In the event that a client has sufficient
funds on deposit to cover the CGSL the system will assign
a stop at 80% of the CGSL away from the opening price
of the trade. Otherwise the system will allocate a stop at
80% of the funds available in your account.