Balance
The amount of money available in a trading account, excluding open positions.
Base currency
The first currency in a currency pair, against which the second currency is quoted.
Bear market
A market trend characterized by falling prices and pessimistic sentiment.
Bid price
The highest price a buyer is willing to pay for an asset.
Bid/Ask spread
The difference between the bid and ask price represents transaction cost.
Bond
A fixed-income investment representing a loan from an investor to a borrower.
Breakeven point
The price level at which a trade generates neither a profit nor a loss.
Breakout
An intermediary who executes trades on behalf of clients in exchange for a fee or commission.
Broker
An intermediary who executes trades on behalf of clients in exchange for a fee or commission.
Bull market
A market condition where prices are rising or expected to rise.