Something that has liquidity can be easily bought or sold without having a significant affect on market price. This is due to the high volume of trading activity. In forex, you want your broker to have ligh liquidity. A broker tied to multiple sources of liquidity is more likely to successfully execute your open or close position command without slippage or giving you a requote.
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Articles in Forex Traders Glossary
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There are 96 articles in Forex Traders Glossary.
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G (cont.)
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Liquidity
Linear Mode
