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.
Trading foreign exchange on the currency market, also called trading forex, can be a thrilling hobby and a great source of investment income. To put it into perspective, the securities market trades about $22.4 billion per day; the forex market trades about $5 trillion per day. In forex trading, you sell one currency to purchase another. 2  The exchange rate tells you how much you have to spend in quote currency to purchase base currency. 3  A long position means that you want to buy the base currency and sell the quote currency.