HFM information and reviews
HFM
96%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%
XM information and reviews
XM
82%

Forex Trading Abbreviations (Full List)


A list of professional terms of any sphere is the main instrument for users. Special words help to avoid misunderstanding while working process. They economize time and make life much easier. Besides, proper lexicon assists in creating the specific atmosphere of professionalism, thus making people concentrate on their job to the max.

Foreign exchange market is a kind of science full of particular words. Many of them are shortened on purpose because events happen so fast and there is no time to read or pronounce long sentences. That is why there are abbreviations Forex is so fond of.

Categories of FX shortenings

For convenience financial market vocabulary can be divided into 3 categories. Some words migrate from one section to another.

Forex trading abbreviations (contracted forms used for main financial terms)

Short form

Full form

Meaning of the term

FX

Foreign exchange

It is an international stock market.

ECN-broker

Electronic Communication Network broker

Such broker provides with clients’ output of applications on the interbank level, using the system ECN. Making such deals a trader gets a smaller spread, more liquidity and more available information concerning the market events.

Mln, bln, tln

Millions, billions, trillions

 

OTC market

Over the counter market

This combination is used for the deals, concluded outside of the market.

Q

Abbreviation for quarter

It is a period of time (3 months).

WTO

World Trade Organization

More than 120 countries gathered together to regular international trade.

BC

Base currency

The first currency in the currency pair. It stands for showing the ratio of the first currency towards the second one. For example: USD/RUR 70,6414 mean that 1 dollar = 70, 6414 rubles. Main exceptions to the rule are British pound, Australian dollar and euro.

FY

fiscal year abbreviation

It is a financial year of a company, i.e. twelve months, which the company chooses for book-keeping.

SLO

Sell limit order

It is a time-limited order to sell an instrument.

STP

Straight through processing

In this model a broker’s company takes a role of a middleman between a client and a liquidity provider.

GDP

Gross domestic product

It is a total market price of all products and services calculated in one country for a year.

SA

Seasonally adjusted

To even swings in periods experts calculate statistics and adjust changes to specific seasons.

ECB

European Central Bank

 

RBA

Reserve Bank of Australia

 

Jan.

Feb.

Mar.

Apr.

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.

Abbreviations for months of the year

Commonly recognized contractions of calendar months.

JA

FE

MR

AL

MA

JN

JL

AU

SE

OC

NO

DE

Canadian months shortening

January

February

March

April

May

June

July

August

September

October

November

December

MACD

Middle Average Convergence/Divergence

One of the FX indicators based on crossing and calculating moving averages.

RSI

Relative Strength Index

Another indicator that analyze a trend’s strength and forecast its changes.

CCI

Commodity Channel Index

An indicator shows the current changes of price depending on its middle index for a particular period of time.

BP

Basis Point

A measure item for rates, ranges and other percentages.

Forex country abbreviations (There are just several commonly used shortenings of the countries’ names)

AT

Australia

VE

Venezuela

DE

Germany

HK

Hong Kong

DK

Denmark

CA

Canada

CN

China

MX

Mexico

NZ

New Zealand

GB

United Kingdom

US

United States

CH

Switzerland

JP

Japan

Forex currency abbreviation list

Abbreviations for currency

Full name

Country

USD

American dollar

USA

EUR

European currency

European contries

CAD

Canadian dollar

Canadian currency

NOK

Norwegian Krone

Norway

AUD

Australian dollar

Australia

HKD

Hong Kong dollar

Hong Kong

 

Chinese yuan

Chinese currency

JPY

Japanese yen

Currency of Japan

GBP

Great Britain pound

Brittish currency

CHF

Swiss franc

Switzerland

NZD

New Zealand Dollar

New Zealand

MXN

Mexican Peso

Mexico

DKK

Danish Krone

Denmark

ZAR

South African Rand

South Africa

RUR (RUB)

Russian Ruble

Russian Federation (this currency does not have a status of freely converted)

In conclusion, it is worth saying that the majority of specialists like shortening terms, because it makes their job more productive and easier (especially monetary abbreviations). Moreover, many languages borrow professionalisms from the English language thus making Forex lexicon as international as the market itself is. 


RELATED

Market conditions and their impact on forex trading

In this article, we discuss market conditions, how they are influenced, and how they impact forex trading...

Common Stock Market Myths

Trading can be a daunting endeavor for anyone, even without the added misconceptions and myths of the stock market. There are many reasons that people disregard the financial opportunities...

Exploring the Depths of Price Levels and Market Impact in the Brokerage Industry

In this comprehensive analysis, we delve deeper into the intricacies of pricing within the brokerage industry, extending the foundational knowledge established...

Mastering Asset Correlation: A Key to Successful Trading

In the complex world of financial markets, success hinges on more than just intuition; it demands an intricate understanding of how different assets interact...

Why traders shouldn’t underestimate an Economic Calendar

Brace yourselves for the ultimate weapon in your trading arsenal - an Economic Calendar, revealing the future of financial markets. So, why should you care?

The most famous stock traders and their trading tips

Who is the most successful day trader in the world? Who are the most famous stock traders on the planet? They come from different backgrounds with different career paths. But one is for sure...

Federal Funds Rate vs Discount Rate

In 1913 the USA government passed a law, according to which...

Forex Currency Pairs Explained

The forex market may seem quite complicated to some newbies. Plenty of instruments, calculators, different programs, and strategies - all this can make an unprepared trader's head spin...

CFD trading made clear: an Octa guide

In keeping up with its clarity principle , the international broker Octa makes clear one aspect of trading at a time. Learn everything you need to know about CFD trading, simply and transparently...

Unlocking Infinite Possibilities: A Deep Dive Into the Compelling Reasons for Pursuing a Career in Day Trading

In the continuously evolving and dynamic domain of finance, day trading emerges as a prominent pathway for those endeavoring to master the fast-paced ebb and flow of the stock market...

Top Trading Tools for Forex Traders

Forex trading can be exciting and richly rewarding if you do it rightly. Trading with the right set of tools that are specifically designed for Forex trading will...

Should I Have A Trading Plan?

A trader without a trading strategy is not a trader. Whatever the strategy is, it will help you make sense of the chaos in the markets. In this article, we will tell you what a trading strategy...

Navigating Ethical Challenges in AI-Driven Trading: Bridging Wealth Inequalities

AI-driven trading has undoubtedly introduced numerous advantages for traders. Its ability to swiftly process vast data, formulate solutions, and execute trades within milliseconds...

Difference Between CFD Trading and Investing

If you are a beginner trader, you can be confused when hearing that a stock can be bought (investment) and traded (CFD). What is the difference between CFD and investing...

Five things about Forex every trader needs to know

OctaFX have prepared an essential guide for traders beginning their Forex journey, followed by a workshop by the professional trader and coach Cikgu Danie...

Mastering Bond Trading in 2023: Strategies and Insights

Bonds, often known as fixed income securities, remain a fundamental financial instrument for both governments and corporations, allowing them to raise capital for various projects and operations...

Overbought Vs Oversold: A Trader's Guide

Technical analysis of the forex market includes many different concepts and definitions, one of which is overbought and oversold. These terms have existed on the market...

A Comprehensive Guide to Strategies, Tools, and Key Indicators

For active traders and investors, mastering the art of trading volatility is a crucial skill. Volatility, in financial terms, refers to the extent to which asset prices fluctuate over time. High volatility markets experience...

CFD Trading: Everything a Trader Should Know

CFD trading - where the financial markets buzz with opportunity and the potential for growth is as vast as your ambitions. At its core, CFD, or "Contract for Difference", trading is more than just about speculation on the price movements of various assets...

FBS: The Crucial Role of Time in Enhancing Trading Efficacy

In the intricate world of financial trading, numerous factors contribute to a trader's success. While indicators, market analysis, and portfolio management often take center stage, the element of time remains critically underappreciated...

FP Markets information and reviews
FP Markets
81%
IronFX information and reviews
IronFX
77%
T4Trade information and reviews
T4Trade
76%
Exness information and reviews
Exness
76%
Just2Trade information and reviews
Just2Trade
76%
FXNovus information and reviews
FXNovus
75%

© 2006-2025 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.