Voice Indirect Trading, the moment you hear that, what comes to your mind?
Maybe you’re wondering,
“Is this something people say out loud to trade?”
Or perhaps you’re thinking,
“Why does it sound so different from what I’ve heard in forex?”
Well, you’re not alone.
Many beginners in the forex world get confused by terms like this. But here’s the good news: even though the name sounds complicated, it’s actually something you can understand easily.
In fact, this might be one of the most interesting parts of forex trading that you’ve never paid attention to until now. So, keep reading.
So, what really is Voice Indirect Trading, and why is it still used when everything else seems to be going digital and automatic?
In This Post
What is Voice Indirect Trading?
Voice indirect trading is a way of buying and selling currencies in the forex market by talking directly with a broker or another trader, usually over the phone.
Instead of using a digital trading platform (like MetaTrader or cTrader), the trader gives instructions with their voice.
It’s called “indirect” because the person making the trade is not doing it directly through a screen or app. Someone else (like the broker) places the trade on their behalf after the conversation.
Now think about this: instead of clicking buttons on your phone or laptop, you call your forex broker and say,
“I want to buy 10 lots of EUR/USD.”
The broker confirms it, places the trade for you, and tells you when it’s done. That’s Voice Indirect Trading, speaking your trades instead of typing them.
Why Is It Still Used?
In a world full of trading apps and AI bots, you might ask,
“Why would anyone still use voice trading?”
The answer is simple: speed, trust, and large money.
Big banks, hedge funds, and financial institutions sometimes trade millions of dollars in one order. For huge trades like that, they want to speak directly with someone they trust, not just click on a screen.
They may want better prices (called price negotiation) or to avoid moving the market too much by trading in silence. In moments like that, voice trading gives a human touch and extra control.
Also, if the internet is down or something urgent happens, voice trading can save the day. It’s like having a personal emergency line in the forex world.
Who Uses Voice Indirect Trading in Forex?
This method is not common among everyday forex traders. It’s mostly used by
- Institutional traders (people who trade for banks or big companies)
- Forex dealers and brokers
- High-volume traders who want special prices
- Traders in places with limited internet or technical tools
So, if you’re a beginner trading with a phone app or demo account, you might not need this yet, but it’s powerful to know that such a system exists and is still used in forex.
Is Voice Indirect Trading Safe?
Yes, it is, but only when done with trusted brokers or institutions. Since it involves human conversation, there’s always a small chance of miscommunication.
That’s why professionals record phone calls and confirm orders carefully.
In some countries and trading houses, these phone calls are legally recorded and stored as proof in case any problem comes up later. It’s all part of keeping things clean and clear in the forex market.
Voice Indirect Trading vs Direct Trading
Let’s make it super simple:
Feature | Voice Indirect Trading | Direct Trading |
How trades are made | By calling a broker | By using a trading app or platform |
Who places the order | A human broker | You, the trader |
Used by | Mostly institutions and big traders | Every day traders and small investors |
Speed | Can be fast, but depends on call time | Very fast with just a click |
Level of control | Medium (you give instructions) | High (you do everything yourself) |
Conclusion
Voice Indirect Trading may sound old-fashioned, but it’s still alive and kicking in forex. It’s not about shouting trades across a busy room, it’s about trust, negotiation, and precision.
While you may not use it right now as a beginner, it’s one of those deep secrets that keeps the forex world spinning behind the scenes.
Whether you’re trading small amounts or just learning the ropes, understanding this kind of trading shows you how wide and interesting forex truly is.
Who knows? One day, you might be the one calling the shots, literally.