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Guides · Read it like a desk

Primer7 minRead it like a desk

A glossary of the words that move money

Short definitions the rest of the guides assume. If a word is not here, do not upgrade it.

Use this as a check when a page, including ours, starts to slide. The right-hand meaning is the one the records use.

  • Word
    Nominal balance
    Meaning on this desk
    The figure targets and loss limits are written against. Not withdrawable capital.
  • Word
    Equity
    Meaning on this desk
    Balance plus unrealised profit and loss, when the platform uses that word.
  • Word
    Balance
    Meaning on this desk
    Closed result, before floating profit and loss, unless the rule says otherwise.
  • Word
    Static floor
    Meaning on this desk
    A loss limit that does not follow your peak.
  • Word
    Trailing floor
    Meaning on this desk
    A loss limit that follows a high-water mark, either tick by tick or at end of day.
  • Word
    High-water mark
    Meaning on this desk
    The peak the trail is measured from. Intraday or end-of-day — the rule must say.
  • Word
    Qualifying day
    Meaning on this desk
    A day that counts toward the minimum. The threshold is part of the definition.
  • Word
    Consistency cap
    Meaning on this desk
    A ceiling on how much of the phase profit may come from one day.
  • Word
    Reset
    Meaning on this desk
    A paid further attempt at the same version, when a reset price exists.
  • Word
    Activation fee
    Meaning on this desk
    A charge to open the reward stage. Not a reset. Often not a deposit.
  • Word
    Reward share
    Meaning on this desk
    The percentage in the reward clause. Not a payout.
  • Word
    Reward stage
    Meaning on this desk
    The stage after the evaluation targets, if the programme has one.
  • Word
    Deny-list
    Meaning on this desk
    Named countries cannot purchase. Everyone else is not thereby approved.
  • Word
    Allow-list
    Meaning on this desk
    Only named countries are described as eligible.
  • Word
    Not found
    Meaning on this desk
    Reviewed sources do not say. Not a permission.
  • Word
    Company-stated
    Meaning on this desk
    The firm said it. We have not independently proved it.
  • Word
    Stale
    Meaning on this desk
    Older than the freshness window. Still visible. Not promoted as current.
Demonstration records use these meanings. A firm’s own glossary can differ, and the firm’s text wins for that firm — once you have the passage.