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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:

kevin kpodar from france lille writes about FxGlory:

fxglory has some good conditions for trading at least for me. everything with spread and execution of orders is ok and is the same as they tell on their website. fast execution no requote and fast deposit, withdraw. I think they can grow more with g...

Latcho from Bulgaria writes about DeltaStock:

They will close your position without hesitation if it's hardly below the 100% margin requirement /even if you have enough funds to cover much bigger movements/... if you're lucky you'll receive a letter about that, which isn't reassuring... moreover...

Tom A from Canada writes about AxiTrader:

I have to say that my 3 year experience with Axitrader has been very good. All the posts about them running stops are unfounded since I closely monitor my trades and there is about a 50/50 average in that regard, and ive seen price come to my stoplo...

Referendum Week Turns Positive for Sterling
Sat, 20 Sep 2014 22:50

The Great Britain pound demonstrated solid performance this week as traders were betting on Scotland staying in the United Kingdom after the referendum about independence. Another important event this week was the Federal Reserve policy meeting that gave boost to the US dollar.

Malaysian Central Bank Keeps Rates on Hold, Ringgit Drops
Fri, 19 Sep 2014 12:25

The Malaysian ringgit fell today, heading to the biggest weekly drop since August, after the nation’s central bank refrained from changing its monetary policy and kept the benchmark Overnight Policy Rate unchanged.

Scotland Rejects Independence, Pound Erases Gains
Fri, 19 Sep 2014 12:08

The Great Britain pound wiped out its earlier gains after the results of a referendum showed that people of Scotland decided to remain in the United Kingdom. The currency was rising previously as traders were counting exactly on this outcome.

Sterling Jumps on Speculations Scotland Will Remain in UK
Fri, 19 Sep 2014 02:17

The Great Britain pound demonstrated solid gains at the previous trading session as well as at the current session, though retreated a bit from today’s highs. The currency was lifted by speculations that Scotland will remain a part of the United Kingdom after yesterday’s referendum.

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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