Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Web Trader MT5 
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Exchange rate
The ratio at which one currency is exchanged for another, used mainly in the foreign exchange market. For instance, USD 1 is equivalent to or is able to purchase GBP 0.85.
Exchange-traded fund (ETF)
A type of investment fund that trades like a stock on a stock exchange.
Execution
The process of completing a trade or order in the market.
Execution only
A type of brokerage service that only executes trades on behalf of clients, without providing investment advice.
Exotic currency
A currency that is not commonly traded in the foreign exchange market, such as the Thai Baht or the South African Rand.
Expert advisor
A software that uses algorithms to monitor the markets, provide signals, and automatically execute trades on behalf of traders.
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