Forex Dictionary Terms

Online Forex Trading

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Definition – What does Online Forex Trading mean?

Online forex trading refers to the buying and selling of currencies over an Internet connection. The majority of forex trading is now done online. That said, traders can still use phone systems out of preference or to trade if their connection fails.

ForexTerms explains Online Forex Trading

The Internet has made currency trading easier than it has ever been before. With a small amount of cash, a trader can open an account with an online broker, set up the trading platform and start making trades. Online forex trading also has advantages when it comes to data feeds and the speed of execution, but this sometimes varies depending on the forex broker.

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