Swap in forex is the overnight interest fee or credit applied when a trading position stays open past the daily rollover time.

The stop-out level marks the point where a broker automatically begins closing positions to prevent an account from falling further into deficit.

Several common assumptions about margin calls don’t match how they actually work in practice, and misunderstanding this can lead to unpleasant surprises.

Margin level expresses the overall health of your account as a single figure, showing equity relative to the margin currently in use.

Free margin represents the portion of your account balance available to open new positions or absorb further losses on existing ones.

Leverage allows traders to control a larger position than their account balance alone would normally permit, amplifying both gains and losses.