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%
Exness information and reviews
Exness
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

Mastering Risk Management Across Market Phases

Navigating the ever-changing waters of financial markets can be an exhilarating journey. Markets, like tides, ebb and flow, shifting from bullish to bearish, and prices rise and fall...

The Intricate Mechanics of Price Creation in the OTC Market

In the previous article of this comprehensive five-part series, we explored the fundamentals of the Over-The-Counter (OTC) market. Now, it's time to delve deeper into the intricate mechanics...

Comprehensive Guide to Gold Trading: Strategies and Considerations

Gold, with its intrinsic allure and historical significance, has captivated humanity for centuries. From adorning jewelry to serving as currency, gold's rarity and lustrous beauty...

Correlation, Portfolio Returns, and Strategic Hedging

The dance of correlations within a portfolio is a crucial subject for both experienced and budding investors. At the heart of investment strategies, understanding correlation not only protects the portfolio...

I can constantly make 1-2% on my money daily. Should I look at day trading as my full-time job?

If so, then obviously you should! Just think in the best case that if you began with $10,000 and were able to earn 1% of your money daily, you could become a millionaire or a billionaire in less than six years...

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...

A Complete Guide to Social Trading

Social trading has been rising in popularity among young traders due to the transparency that comes with this option. Like its name suggests, social trading can be thought...

The Role of Traders and Investors in the World of Finances

In the realm of finance, two distinct yet interconnected entities hold significant sway: traders and investors. Often, these terms are used interchangeably...

The Power of Trading education

In this article, we look at some of the free educational resources available and how to leverage them to boost your trading skills.

The Role Of Trading Communities And Mentors In Learning And Improving Trading Skills

It’s no secret that trading is quite challenging. It requires a good understanding of how financial markets work, awareness of the events that can affect the movement of a market...

Long Position Vs. Short Position: What's The Difference?

The tried and true formula for successful sales, "buy low, sell high," applies equally to financial markets. Traders use various types of transactions to achieve this, including short positions...

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...

MetaTrader 4: A Deep Dive into the World's Most Renowned Trading Platform

When discussing modern trading platforms, MetaTrader 4 (MT4) inevitably takes center stage. Launched in 2005 by MetaQuotes Software, its revolutionary features and pioneering tools have firmly rooted it as a global trading mainstay...

Precious metals trading made clear: an Octa guide

With its unwavering commitment to clarity, the international broker Octa unravels another facet of trading. Grasp the essentials of precious metals trading in an uncomplicated, transparent manner...

Mastery in Forex Trading: The Path to Becoming a Forex Expert Trader

In the intricate world of foreign exchange (forex) trading, the term "forex expert trader" refers to an individual who has not only mastered the basics but has also developed...

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...

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...

How to forecast forex?

There are many articles telling about randomness and abruptness of forex. Some traders believe that it is impossible to predict anything in the market. Such authors try to persuade...

Using leverage safely in Forex trading

The use of leverage is undeniably popular in the forex space. This is largely due to its ability to increase a trader’s potential return on investment...

Account takeover is on the rise: how to protect yourself

Everyone has a friend who has been subject to account takeover attack. With 24 billion exposed accounts available online, this type of identity theft is now rampant in the digital domain..

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%
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.