DEFINITION of 'Real Time Forex Trading'
A form of speculation in which a trader bets on the movement in the exchange rates of foreign currency pairs. Real-time forex trading involves placing an order to buy or sell a specific currency pair at the current exchange rate.
BREAKING DOWN 'Real Time Forex Trading'
Electronic currency traders, or forex traders, use analysis based on technical and fundamental indicators to help them forecast the movement of the currency pair being traded. Because real-time currency trading is wholly electronic, execution speeds are extremely fast, allowing the trader to quickly buy and sell currencies to cut losses and take profit.