Forex Glossary


Trading Currency Pairs

Every Forex trade involves the simultaneous buying of one currency and the selling of another currency. These two currencies are always referred to as the currency pair in a trade.
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Forex Appreciation

A currency is appreciating when it strengthens in price in response to market demand.
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Forex Application Program Interface (API)

A Forex API is computer coding for integrating the trading programs to a broker's dealing platform. An API is most of the times used to allow a trading program to read a data feed.
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Forex Algorithmic Trading

Forex trading by means of an automated computer program. Algorithmic trading is also called 'program trading'.
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