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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:

Viachaslau K. from Belarus writes about AAAFx:

Just another scam brokerage firm

I have a negative experience with this 'brokerage' firm.

If you lose money that all is OK - no requotes, all is going well. But when you starting to win, please prepare for the full arsenall of broker weapons - virt...

Alexandr from United States writes about GOMarkets:

Stay away from them, especially during the news releases. They may open your order on a faked price and you may lose ALL YOUR deposit!!! I lose 800 pips, because they opened my order on the FAKED price.

They told me blah-blah-blah, our liquid p...

Anna FBS from FBS writes about FBS:

Dear Yunni, it's so nice to here from you again.

First of all, FBS is a reliable and regulated broker by IFSC and CRFIN.

Let's start from the very beginning. We processed your claim and all the necessary corrections on the account were made, i.e. ...

Aussie Edges Lower Despite Positive Data
Thu, 23 Oct 2014 05:10

The Australian dollar edged lower today even as economic indicators from Australia and abroad were supportive for the currency. Yesterday’s positive economic data from the United States made traders to prefer the US currency over riskier ones.

NZ Dollar Dips as Inflation Misses Analysts’ Projections
Thu, 23 Oct 2014 04:20

The New Zealand dollar dipped today after a report showed that consumer price inflation stayed unchanged last quarter, while analysts expected it to accelerate. The currency is consolidating as of now after the initial drop.

Swiss Policy Makers Still Think Franc is Overvalued
Wed, 22 Oct 2014 17:19

The Swiss franc fell along with the euro against the US dollar today as Swiss policy makers continue to talk about excessive strength of the currency and need to keep the ceiling on the franc. The Swissie managed to rise against the euro itself.

CAD Edges Higher After Bank of Canada Meeting
Wed, 22 Oct 2014 17:00

The Canadian dollar advanced today after the Bank of Canada left its monetary policy unchanged. The currency was soft previously as retail sales data was rather negative.

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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