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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 $4 trillion (as of April 2010). Trading in this market involves buying and selling world currencies, taking the profit from the exchange rates difference. Forex trading can yield high profits, but it is also a very risky endeavour. Everyone can participate in Forex trading via the Forex brokers. With our broker rating & reviews system, we can help you choose the one that fits your needs.

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

Latest:

Danila from Belarus writes about Akmos Trade:

I consider Akmos Trade to be one of the best brokers and I have good reason for this: the company provides good and stable trading conditions, respects clients and does everything to satisfy their needs. Besides, Akmos has a smart analytical section ...

wayno from Australia writes about Plus500:

READ THE FINE PRINT. You cant take profits from the "free money" and you cannot scalp. Most of the people who lose here cry poor mouth without accepting the terms of trade. I make 10,000 a week here and love it. Provide proof of identity upfront, pay...

helena from sweden writes about Akmos Trade:

Of all the brokers ive joined, AT is the best experience i have with forex! there are alot of way to make more here, through contests, campaigns, etc!

Loonie Rallies for Third Week, Going to Upside with Commodities
Sat, 28 Jan 2012 13:44

The Canadian dollar was rallying for a third week against the US dollar and the Japanese yen on a back of surging commodity prices. Commodities jumped after the US Federal Reserve announced its intention to keep interest rates low for a prolonged time, leading to weakness of the US currency. The currency was down against the euro for the second week.

Franc Rises, Will SNB Intervention Follow?
Sat, 28 Jan 2012 07:52

The Swiss franc rose against the US dollar amid speculations that Greece is struggling to persuade creditors into forgiving part of the nation’s debt. The currency was falling against the euro and the yen on prospects for Swiss central bank’s intervention, but closed almost unchanged.

NZD/USD Rises to Highest Since September as Trade Balance Posts Surplus
Sat, 28 Jan 2012 05:10

The New Zealand dollar closed higher versus its US counterpart as nation’s trade balance posted an unexpected surplus last month. The currency closed lower against the euro and the Japanese yen.

Euro Holding On in Forex Trading
Fri, 27 Jan 2012 15:26

Euro is managing to hold to most gains made earlier today, thanks to a bit of hope out of Greece, and disappointing economic data. However, some of the euro’s early gains have been pared, and risk aversion could overpower the 17-nation currency, and send it lower.

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.
Take-Profit Order
An order to sell or buy a lot when the market reaches certain price. It is used to fixate your profit. Usually is a combination of stop-order and limit-order.


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