Airdrop
A free distribution of tokens to the community according to set rules.
Backtest
Testing a strategy on past historical data to evaluate how it behaves.
Cashback
A return of part of what you spend, here in the form of CTC tokens.
Compounding
Reinvesting profits: capital grows on a compound basis over time.
Copy trading
A system that automatically replicates the trades of a master account onto your account.
Drawdown
The maximum loss from the equity peak before a new recovery. The lower, the better.
DTI
Digital Token Identifier: an ISO code that identifies a digital token.
Expert Advisor
A software (“EA”) that trades automatically on the market following predefined rules.
Governance
The right of token holders to vote on the ecosystem’s decisions.
LEI
Legal Entity Identifier: an international code that uniquely identifies a company.
Liquidity Pool
A reserve of tokens that enables swaps on a decentralized exchange.
Master Account
ChartTower’s master account whose trades are replicated onto clients’ accounts.
MICA
Markets in Crypto-Assets: the EU regulation governing crypto-assets.
MyFXBook
An independent platform that verifies and tracks trading performance in real time.
Pending orders
Orders set at a predefined price that trigger only if the market reaches it.
Pips
The smallest unit of price movement in a trading pair.
Profit Factor
Ratio of total profits to total losses. Above 1 = profitable: the higher the value above 1, the more profitable the strategy.
Slippage
The difference between the expected price and the actually executed price of an order.
Solana
Fast, low-fee blockchain on which the CTC token is issued.
Stop Loss
The price level at which a trade is closed to limit the loss.
Swing
A trading style that targets medium-to-short-term market moves.
Take Profit
The price level at which a trade is closed in profit.
Tokenomics
The economics of a token: total supply, distribution and utility.
Utility token
A token that grants access to services and benefits in an ecosystem (not a financial security).
XAU/USD
The price of gold in US dollars: the pair Blue Strike trades on.