Is there real volume in forex, or only tick volume?

Forex has no central exchange, so no one knows total traded volume. Platforms show tick volume — how many price changes occurred — which is a proxy, not the real thing. Futures data gives an actual volume figure for the currency complex.

Is there real volume in forex, or only tick volume? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

How do you use volume?

  • tick volume, futures volume, or none
  • whether it improved your entries
  • what beginners get wrong about volume in forex
Is there real volume in forex, or only tick volume? — risk-reward diagram
A risk-reward ratio of 1 to 2

The candlestick guide touches on how price data differs across markets.

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