Test Prep Tips. 1  When you apply for freshman admissions at Baylor, one of the required items you'll need to submit will be ACT or SAT scores. We only require one or the other, but if you have time we recommend that you try each exam at least once to see which exam is a better fit for you.
Forex Broker. DEFINITION of 'Forex Broker'. Firms that provide currency traders with access to a trading platform that allows them to buy and sell foreign currencies. A currency trading broker, also known as a retail forex broker, or forex broker, handles a very small portion of the volume of the overall foreign exchange market.
Forex -. Also known as the foreign exchange market, forex is an over-the-counter market. Currency pair -. The two currencies involved in a foreign exchange rate. Example: EUR/USD. Base currency -. The first currency in a currency pair. Pip -. The smallest unit of price that a currency can be traded in.