Definition of Volume
The total number of units (or contracts) traded during a specific time period. In forex, volume data varies by source since it is a decentralized market. Higher volume typically confirms the strength of a price move.
At a glance
Term
Volume
URL slug
volume
Category
General
Short answer
The total number of units (or contracts) traded during a specific time period.
Deep dives
Full A–Z glossary
Example
Apply the definition: restate “Volume” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “Volume” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Volume” page and reopen it when reading broker specs so definitions stay consistent.
Practice tools:
Related terms
FAQ
The total number of units (or contracts) traded during a specific time period.
Knowing the precise definition of “Volume” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “Volume” as loose slang while your broker/platform specification defines it more narrowly.