FOReign EXchange Market - FOREX
Forex market is the international foreign exchange market. It gets its name from the English shortening FOReign Exchange – foreign exchange operations. Forex market is one of the youngest financial markets (Forex has been functioning since the 70's of the last century). However, it is the largest in volumes and the most fast-growing market. The daily trading turnover on Forex amounts to about 4 trillion US dollars, which by 30 times exceeds the joined volume of all stock markets in the USA.
Everyone can participate in Forex trading via the Forex brokers. With our broker rating & reviews system, we can help you choose the one that fits your needs.
FOREX Broker / Reviews
Forex broker is an intermediatery between a trader and a currency market. Retail trading isn't possible with Forex brokerage. Finding the right Forex broker here.
The most important terms related to Forex trading are presented in this glossary.
|ADX (Average Directional Index) - standard technical indicator that measures the strength of a trend.|
|Ask (Offer) - price of the offer, the price you buy for.|
|Aussie - a Forex slang name for the Australian dollar.|