Forex Trading Meaning
Definition the exchange of currencies between two or more countries on a recognized market. forex trading is a popular type of investing because it provides investors with the ability to make quick profits due to small changes in one country's currency. The meaning of drawdown in forex. when it comes to forex trading, drawdown refers to the difference between a high point in the balance of your trading account and the next low point of your account's balance. the difference in your balance reflects lost capital due to losing trades. The forex market differs from the forex trading meaning new york stock exchange, where trading historically took place in a physical space. the forex market has always been virtual and functions more like the over-the-counter market for smaller stocks, where trades are facilitated by specialists called market makers. A forex or currency futures contract is an agreement between two parties to deliver a set amount of currency at a set date, called th...