answersLogoWhite

0


Best Answer

FOREX is an online foreign currency broker. They offer foreign currency trading online. It is like eTrade but instead of investing in stocks, you invest in currency.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is FOREX an online foreign exchange broker?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How does Forex trading in the UK work?

Forex is an online broker that offers 24 hours of online currency trading. It operates 5 days a week. It allows countries to trade currencies when traveling. Forex essentially means 'foreign exchange market'.


Who handles foreign exchange?

In order to trade in foreign exchange a trader must be registered with a broker. A comprehensive list of Forex brokers can be found on the Forexpros website:


The word Forex is short for?

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


What is Forex Capital Markets?

FXCM, also known as Forex Capital Markets, is an online foreign exchange broker that offers online trading services through MetaTrader 4. It is based in the US, but also provides trading in other countries for commodities such as gold and oil.


What does the phrase online forex stand for?

Online forex is just "shorthand" for foreign currency exchange. This is a hot speculative market right now since the dollar is weak and global currencies fluctuate in value, providing opportunities to capitalize on movements in the market. The forex is the foreign exchange market also known as FX. This market helps with foreign aid and investment. The online forex is the ability to navigate and negotiate this market online.


What exactly is Forex trading?

Forex trading means foreign exchange. One will find that Forex trading has some risks involved. One will need a broker for this as one may earn (and sometimes lose) money.


What is Forex Services?

forex is Foreign Exchange (buying and selling of foreign currency)


What is a online forex?

Online Forex is another name for the Foreign Exchange. You can use the Forex for any trading service. You can access online exchanges or foreign moneys. The Forex serves over 140 countries, including the U.S. You can go to Forex.com and create a free account to find out more.


Where can one found the broker online?

One can find a broker online with Forex the Money Exchange service. Many local dealers also provide their homepages on the Internet because of local dealers.


What kind of training is covered in Forex training?

Forex training is learning the successful strategies and tips to perform Forex which is Foreign Exchange Trading. In Forex training you will learn about the foreign exchange market and how to begin.


What does the phrase forex trader mean?

The phrase "Forex Trader" means someone that trades on the Foreign Exchange market. (Forex is a commonly used abbreviation of Foreign Exchange market.)


What is capital and foreign exchange?

In general capital is financial resources.. And Foreign exchange is called Forex.