Forex - FX

Filed Under » , ,
Dictionary Says

Definition of 'Forex - FX'

The market in which currencies are traded. The forex market is the largest, most liquid market in the world with an average traded value that exceeds $1.9 trillion per day and includes all of the currencies in the world. 
Investopedia Says

Investopedia explains 'Forex - FX'

There is no central marketplace for currency exchange; trade is conducted over the counter. The forex market is open 24 hours a day, five days a week and currencies are traded worldwide among the major financial centers of London, New York, Tokyo, Zürich, Frankfurt, Hong Kong, Singapore, Paris and Sydney.

The forex is the largest market in the world in terms of the total cash value traded, and any person, firm or country may participate in this market.

Related Video for 'Forex - FX'

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Decentralized Market

    A market ...

  2. Currency Option

    A contract that ...

  3. Cambist

    An individual or ...

  4. Foreign Currency Effects

    The gain or loss ...

  5. Authorized Forex Dealer

    Any type of ...

  6. Flip

    A point when ...

  7. Eurocurrency Market

    The money market ...

  8. Currency Pair

    The quotation ...

  9. Cross Currency

    A pair of ...

  10. Prime Of Prime - PoP

    A brokerage that ...

Articles Of Interest

  1. Forex Tutorial: The Forex Market

    In this online tutorial, beginners and experts alike can learn the ins and outs of the retail forex market.

  2. The Hong Kong Dollar: What Every Forex Trader Needs To Know

    Find out everything you need to know about the eighth most traded currency in forex.

  3. Trade Forex With FXTrader

    Open up the big bad world of forex trading by virtually trading 10 of the most popular currency pairs on our NEW forex trading simulator.

  4. Taking Advantage Of Central Bank Interventions

    These interventions provide great opportunities for investors and traders to seize entries into longer-term trends.

  5. 5 Economic Reports That Affect The Euro

    There are hundreds of reports affecting the FX market. Find out which ones are the most relevant for traders.

  6. A Primer On The Forex Market

    Moving from equities to currencies requires you to adjust how you interpret quotes, margin, spreads and rollovers.

  7. Getting Started In Forex

    Before entering this market, you should define what you need from your broker and from your strategy.

  8. Forex: Wading Into The Currency Market

    We go over the ground rules and available resources needed for this undertaking.

  9. Derivatives 101

    Learn how to use this type of investment as an alternative way to participate in the market.

  10. Risk Tolerance Only Tells Half The Story

    Just because you're willing to accept a risk, doesn't mean you always should.
Sponsored links

comments powered by Disqus
Hot Definitions

  1. Love Money

  2. Shark Watcher

  3. Judo Business Strategy

  4. Dogs Of The Dow

  5. Chinese Hedge

  6. X-Mark Signature

Recommended
Loading, please wait...
See More »
Trading Center