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Forex is a contraction of 'foreign exchange,' which refers to the global currency exchange market.

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15y ago

Forex = FOReign EXchange

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Q: The word Forex is short for?
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What is mean forex?

FOREX is short for Foreign Exchange. It is the conversion of one country's currency for another.


What is exact mean by forex?

Forex (or FX) is short for Foreign Exchange. It represents a transaction where a currency is exchanged for another at a mutually agreed rate.


Word for money exchange fee?

Forex commission.


Does Forex Training provide for foreign exchange and commodity traders?

Yes, it does. It is implied in the title as Forex is short for Foreign Exchange. It is basically a decentralized market for trading currencies and commodities.


What is forex education supposed to be?

Forex is for trading currencies and commodities and is a short form for Foreigh Exchange.. To receive education in forex and learn the ins and outs of foreign exchange you would have to study finances, and this can be done at a local college, university, or perhaps even online.


What is forex trading, and how is it used?

Forex trading deals with the world currencies. Forex actually is short for Foreign Exchange. Countries will trade their currencies to gamble on the current exchange rates. Since the rates change daily and a currency changes in relation to economic conditions and emergencies.


Where can one do Forex online option trading?

FOREX is short for foreign exchange market. Typically when trades are made on the FOREX market, it is done by one party purchasing an amount of one currency using another type of currency to pay for it.


Which type of forex trading is better technical or fundamental?

Fundamental in the long term, technical in the short term.


What kind of topics would you discuss on forex chat?

Forex is the short name for the foreign exchange market or currency market. A forum dedicated to this subject would discuss issues such as market analysis, trading tips and advice, the quality and cost of various forex brokers and general market chat.


Is there any free forex trading robot software?

The short answer is yes. On popular forex forums, like Forex-TSD, ForexFactory, and DonnaForex, there occasionally exist a few people that give out entire systems for free. These systems may or may not be supported fully, but usually come with basic instructions to get you up and started.


In forex how do you make money in a downtrend?

Before currency drop, you place a "SHORT" position. After the currency drop, you will make profit.


What is the managed forex?

"The Managed Forex has to do with trading.