Forex Glossary

Forex Definitions: The Industry’s Most Important Terms Explained

The forex industry is made up of so many definitions that it's easy to forget a few along the way. Do you know your Loonie from your Loti? Can you tell your Shooting Star from your Evening Star? Take the time to get to grips with forex jargon because understanding forex vocabulary is an important step in a trader’s journey.

Since no forex education can be complete without a glossary of basic forex terms, we've compiled one which explains key words and phrases in the simplest way possible. This way, you'll never be lost or confused with forex terminology!

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The date that the transaction actually takes place.

See VUV.

Bolivar.  The currency of the Bolivarian Republic of Venezuela.
Dong. The currency of Vietnam.
This refers to the level of uncertainty surrounding price fluctuations of financial instruments.  Volatility is usually characterized by rapid, random price movements.
The amount of a specific financial instrument which has exchanged hands during a trading day.
A server that runs 24/7 without any downtime due to internet connectivity, electricity cutoffs or hardware faults.  Ideal for automated trading (expert advisors).
Vatu.  The currency of Vatu. 
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