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Forex Trading Information

Forex — the foreign exchange (currency or FOREX, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $5.3 trillion (as of April 2013). Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor. Everyone can participate in foreign exchange trading via the Forex brokers. With our broker rating & reviews system, we can help you choose the one that fits your needs.

Don not hesitate to check and bookmark our Forex blog to get the latest updates about the FX market and this website. You can also join a friendly community of traders at the Forex forum.

Latest:

Manager RF from Russian Federation writes about RoboForex:

Dear Lee, uganda.

Please, write your account number. We will try to help you, because now we have the opportunity to withdraw funds to a cards.

Sincerely, manager RoboForex

Janick from Germany writes about FX Next:

Good broker with market depth and oneclick trading. I trade with the mini ecn account and the execution is faster then MT4. I will soon try the ecn account for API trading.

Does anyone know a programmer who can converts mql4 to their open API?

Li from China writes about FBS:

FBS is the biggest scam broker I've ever met and heard of - it took 3800 USD from my credit card and didn't even deposit it to my trading accounts! When I asked them about this they just looked for all sorts of excuses and told numerous lies as quest...

Canadian Dollar Sinks After OPEC Meeting
Thu, 27 Nov 2014 17:57

Today, trading is lighter than usual due to a holiday in the United States. But this does not mean that the Forex market was quiet. Traders were focusing on the OPEC meeting, and it certainly affected the market. The Canadian dollar together with other oil-related currencies sank after the gathering.

Taiwan Dollar Joins Yen in Rally
Wed, 26 Nov 2014 15:56

The Taiwan dollar rose a little today, trading near the highest level in one week. The currency advanced as the Japanese yen rallied and the US dollar retreated, potentially helping nation’s exports.

Brazilian Real Gains on Hopes for New Finance Minister
Wed, 26 Nov 2014 14:58

The Brazilian real advanced today on hopes that the former Treasury Secretary Joaquim Levy will become the new finance minister and will help the country to deal with the current economic problems.

Aussie Rises During Abbreviated Trading
Wed, 26 Nov 2014 01:56

The Australian dollar rallied today even as central bank’s officials continued to complain about the excessive strength of the currency. The Aussie was down during two previous trading sessions. Today’s trading may be choppy because of light volume due to a holiday in the United States.

Floating Leverage
A leverage that changes depending on the total size of open positions.
Percentage Allocation Management Module (PAMM)
A broker-side system that allows investor to invest with traders, and allows traders to manage investors' funds using the broker's platform.
Elliott Waves
A set of principles for chart analysis based on 5-wave and 3-wave patterns.


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