What is leverage, and how does it work in trading?
Leverage allows you to control a larger position with less capital. For example, 10:1 leverage lets you trade $10,000 with $1,000. However, it increases both potential profits and losses.
What is the difference between a market order and a limit order?
A market order executes a trade immediately at the current price, while a limit order sets a specific price at which the trade will execute.
How do brokers make money?
Brokers earn money through spreads (the difference between buy and sell prices), commissions, and sometimes fees for withdrawals, inactivity, or premium features.
Are there any hidden fees when trading?
Reputable brokers disclose all fees upfront, but checking for charges like overnight, deposit/withdrawal, and inactivity fees is essential.