# Definitions & Calculations

- Stock Split Example Calculation
- Stock Split Ratio & Split-Adjusted Price Formulas
- What is the balance?
- What is Equity?
- What is a pip?
- What is the pip value?
- What is leverage?
- What is the spread?
- What is required margin?
- What is free margin?
- What is the margin level percentage?
- What is a margin call?
- What is the stop out level at FXPesa?