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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Rand.  The currency of South Africa.  It is subdivided into 100 cents.
A technical indicator that draws tops and bottoms - filtering out noise.

Zambian Kwacha.  The currency of Zambia.  It is subdivided into 100 Ngwee.

Zimbabwe Dollar. The currency of Zimbabwe.  It is subdivided into 100 cents.
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