HFM information and reviews
HFM
96%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
XM information and reviews
XM
86%
NordFX information and reviews
NordFX
86%

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

Exploring The Advantages Of Trading Minor Forex Pairs

In the vast and dynamic world of forex trading, minor currency pairs often hold untapped potential for traders. While major currency pairs dominate the forex market...

Mastering Forex Trading with MetaTrader 4

When it comes to trading platforms, MetaTrader 4 stands out as one of the most renowned and widely-used systems worldwide. In this guide, we'll delve into the intricate details of MetaTrader 4...

MT4 Features and Trading Advantages

MetaTrader 4 is a favourite platform for traders accessing a wide range of financial markets. As of 2021, more than 80% of brokers worldwide offered MT4 to their clients and the platform had an estimated user base...

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...

Popular forex trading platforms

Forex trading platforms are designed to help traders navigate the complexities of the forex market, the largest and most active financial market in the world. They typically provide traders with the tools to execute trades and maximise profits...

Risk Management Tools and Techniques

Trading on the FOREX market is exciting, but what makes it so exciting is what simultaneously makes it risky - volatility. Certain trading strategies...

Top 5 Books Every Forex Trader Should Read

Foreign exchange, also known as forex, can be pretty intimidating even for seasoned investors who are used to getting their hands dirty...

How to trade forex currency pairs?

Forex gives so many possibilities: a trader can work with shares, commodities, currencies and so on. There is a great diversity in every category, and a trader can choose...

When can you trade forex?

The forex market is the world’s largest financial market. It operates around the clock, 5 days a week, providing abundant trading opportunities to traders globally...

What does soaring inflation mean for the markets?

The US CPI rose to a 40-year high of 7.5% in January as inflation keeps running hot despite economists expecting a print of 7.3%. This is the second time the index...

Predicting a Forex Market Direction

Forex market is changing, and changing cyclically. It means that usually there are such situations on Forex when the price behaviour becomes as predictable...

Why Do Central Banks Have No Power Over Inflation?

Fighting global inflation, now at its highest point in decades, has become a number one priority for major central banks around the world. Monetary policy measures...

A Guide to Portfolio Diversification: Don’t Put All Your Eggs in One Basket

Most of us have heard of the saying "Don’t put all your eggs in one basket". In essence, this phrase warns us not to invest all our capital into a single trade, market, or product because we...

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...

Things Football Can Teach Traders

As the 2022 FIFA World Cup countdown is fast approaching, football fans from around the globe are picking up the pace to gear up for the world’s most popular game...

Choosing a broker to trade the financial markets

Choosing a broker to help you navigate the financial markets is an important decision that can significantly impact your trading experience. There are several key factors...

How Much Money Can You Make Trading Forex? A Comprehensive Guide

Forex trading has witnessed a surge in popularity as individuals seek opportunities to profit from financial markets. However, it's paramount to approach forex trading with realistic expectations...

What are the advantages of Metatrader 4?

To manage trades in the most optimal way requires a robust trading platform like MetaTrader 4. Released almost 20 years ago, MT4 has gone on to become the most popular platform in the world...

To Become a Great Trader, You Must Avoid These 18 Trading Mistakes

Have you ever wondered what helped all those professionals of Wall Street become successful? You will be surprised, but the key to their reached heights is hidden in their mistakes...

Forex Trading Myths

In this article, we’ll look at some of the most common myths associated with forex trading. Forex trading involves the buying and selling of currencies in a decentralised market...

Vantage information and reviews
Vantage
85%
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%

© 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.