Reading a Price Quote
When you open an instrument on FORXEA, the quote panel displays several data points. Understanding each one helps you assess conditions before you commit to a trade.| Field | What It Shows |
|---|---|
| Last Price | The most recent price at which the instrument traded. |
| Bid | The highest price a buyer in the market is currently willing to pay. |
| Ask | The lowest price a seller in the market is currently willing to accept. |
| Spread | The difference between the bid and the ask. A tighter spread means lower cost to enter and exit. |
| Day High | The highest price reached during the current trading session. |
| Day Low | The lowest price reached during the current trading session. |
| Volume | The total number of units or shares traded so far in the session. |
| % Change | The percentage move from the previous session’s closing price. |
FORXEA displays two types of prices in different contexts: indicative prices reflect the current market mid-price and are used for display and charting purposes, while executable prices (bid/ask) are the actual prices at which your orders will be filled. Always check the bid/ask spread before placing an order.
Chart Data
FORXEA’s charts use candlestick (OHLC) notation by default. Each candle represents a defined time period — one minute, one hour, one day, or any timeframe you select — and encodes four pieces of information.| Component | Meaning |
|---|---|
| Open | The price at which the period began. |
| High | The highest price reached during the period. |
| Low | The lowest price reached during the period. |
| Close | The price at which the period ended. |
- A green (hollow or filled green) candle means the close price was higher than the open — the instrument moved up during that period.
- A red (filled red) candle means the close price was lower than the open — the instrument moved down during that period.
Volume and Liquidity
The Volume bar displayed beneath each candle shows how many units were traded during that period. Volume is one of the most important context signals on any chart.- High volume indicates strong participation. It is easier to enter and exit positions quickly, and the bid/ask spread is typically tighter.
- Low volume indicates thin participation. Orders may take longer to fill, spreads can widen, and price moves can be more erratic.
Market Depth
The Market Depth view (also called the order book) shows all queued orders waiting to be filled at each price level above and below the current market price.- Left side (Bids) — buy orders waiting to be filled, shown in descending price order. The top bid is the highest price a buyer is willing to pay right now.
- Right side (Asks) — sell orders waiting to be filled, shown in ascending price order. The top ask is the lowest price a seller is willing to accept right now.
Market depth data reflects the visible order book only. Not all orders in the market are displayed here — large institutional orders are often placed in dark pools or broken into smaller pieces, so depth alone does not tell the complete picture.
Economic Calendar
FORXEA can overlay scheduled economic events directly onto your charts so you can see exactly how price behaved around past announcements, and plan for upcoming ones. Events covered include:- Earnings releases — quarterly results from listed companies.
- Central bank announcements — interest rate decisions and policy statements from the Bank of England, Federal Reserve, ECB, and others.
- Macro data releases — GDP, inflation (CPI), employment reports, PMI, and other scheduled economic indicators.
- Open a chart for any instrument.
- Click the Events or Calendar icon in the chart toolbar.
- Toggle the event categories you want to display.
Data Refresh and Latency
FORXEA streams market data in real time over a persistent connection. Under normal conditions, display latency is typically under one second from the exchange timestamp to what you see on screen. If you notice prices appear frozen or the connection indicator in the top bar shows a warning, pressR to manually trigger a data refresh. FORXEA will re-establish the stream automatically, but a manual refresh resolves most display issues instantly.
Data availability and latency may vary depending on your account tier. Some instruments or markets may carry a 15-minute delayed feed on entry-level accounts. Upgrade to a professional data plan to access real-time feeds across all markets. Check your account settings to see which data packages are active on your account.
