Foreign Exchange Education and Training Key Terms

Understand the meanings of foreign exchange education and training key terms

Foreign exchange trading is a segment of financial services that many traders choose to study. With foreign exchange education, traders can buy and sell in markets around the globe. This opens up many possibilities for traders. There are many resources available for foreign exchange education and training. Learning the meanings of the foreign exchange education and training key terms helps traders find the type of training that is best for them.

FOREX

FOREX, or FX, is an abbreviation for Foreign Exchange. Most training companies list their foreign exchange trading courses as FOREX. FOREX is the market where currencies are traded.

Trading seminar

Trading seminars are small two-day to five-day courses that cover the basics of trading. Trading seminars are available across the country or online. A FOREX trading seminar includes such topics as where to trade, setting up various funds, market information and much more.

Practice account

A practice, demo or trial account is a temporary trading account used by those learning the FOREX system. These accounts do not charge fees. They are only used in the new traders' training process.

Foreign exchange training program

A foreign exchange training program is designed for those learning about FOREX trading. These programs are available as seminars, online training, software and on-site courses.

Investment vehicle

"Investment vehicle" is a term used to describe the way you choose to invest your money. An investment vehicle can be anything from stocks and bonds to full market portfolios.

Strategic analysis

Strategic analysis is the study of how organizations and businesses do in the market over time. Strategic analysis is used in FOREX trading to review different countries' currency exchange rates to decide where to invest.