live currency exchange rates today
Assets Under Management AUM In the case of forex brokers, the closest thing to AUM are the client funds. While they are not managed by the brokers, they represent the total value of the client accounts. This measure is much more relevant than the previous ones, but it still lacks the differentiation between the forex business and the other services offered by the company. If you mix stocks trading with forex, it is very likely that the largest part of the client funds will be used in trading stocks, not forex. Another thing that makes clients funds less relevant is the different leverage used by brokers. Lower leverage needs more funds in the broker's custody for the same operations. Also, it is possible to have large forex accounts with very little trading activity. Average Volume of Daily Transactions AVDT The daily transactions of a forex broker can vary a lot, but the more active clients the broker has, the less volatile the value of daily transactions will be. In order to get a better idea about the real volume of a broker, it is better to calculate the average volume for a larger period of time, as daily and seasonal fluctuations will be less relevant. We think the AVDT becomes relevant when at least the last three months are being taken into consideration when calculating the average. In order for a forex broker to be considered large it must have an AVDT of at least one billion dollars more than 10,000 standard lots traded daily.
forex trading foreign exchange
Likewise, when you sell a forex currency pair, you sell the base currency and buy the quote currency.
day trade forex
You do not have to pay extra to get the forex autotrading system incorporating expert analysis from experts.
Recent Updates
live currency exchange rates today