Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FxPro Help Centre - Glossary
  1. Forex glossary terms and definitions
  2. Minimum Bid Rate

Minimum Bid Rate

Minimum bid rate is the main refinancing rate set by European Central Bank (ECB). The Minimum Bid Rate is important to currency traders because interest rates are central to currency valuation. For this reason, Minimum bid rate announcements tend to be highly anticipated by the market as well as the ECB press conference which occur 45 minutes later. These events generate a great deal of market volatility.

Other terms in this category

Maximum Deviation
Micro lot
Mini Lot
Momentum
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