Forex Trading Information
FOREX — the foreign exchange (currency or forex, or FX) market is the
and the most liquid financial market with the daily volume of more than $3.2 trillion.
Trading on 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 very risky. Everyone can participate in Forex trading via the Forex
brokers.
Don’t forget to check and bookmark my Forex blog to get
the latest updates about Forex market and this site’s content. You
can also join a friendly Forex traders community at the Forex Forum.
|
|
|
|
|
|
|
|
|
|
Latest Brokers' Reviews:
|
|---|
Simon Jacobs from Australia writes about GCI Financial:
I have traded with many brokers and GCI Financial is the only one I have consitently been able to make money with. Also, they don't charge for withdrawals and I can take my profits out as often as I want. |
Mohammad from IRAN writes about Forex4you:
This broker could become the best broker in the world if it becomes regulated and decrease its spreads in some currencies such as gbpusd and audusd to 3 pips and if it adds automatic deposits and withdrawals through webmoney and through master cards.... |
Franck from Jp writes about ODL Securities:
Extremely poor service. You just cannot trust people from there. They go on leave without letting you know, they acknowledge your requests without processing them etc... Basically, they only care about getting their (not so cheap) commission (on whi... |
|
|
Latest Forex News
|
|---|
Dollar Climbs as Safety Demand Rises on Markets
Sat, 04 Jul 2009 05:43
The dollar ended this week posting gains versus all 6 major currencies, as another wave of pessimism caused by grim reports in U.S. and U.K. spurred demand for the safety of the greenback.
Mexican Peso Ends Week Down on Poor Economic Data
Fri, 03 Jul 2009 18:28
The Mexican peso, a currency which is highly dependent on United States economic conditions, had the first decline in three weeks as American unemployment figures increased concerns regarding the nation’s recession depth.
Brazil’s Real Pared Weekly Losses on Exports Data
Fri, 03 Jul 2009 17:59
The Brazilian real, which started the week with a bearish movement due to rising concerns regarding the global slump depth, recovered its losses on favorable domestic economic reports.
Pound Drops on Negative Service Industry Data
Fri, 03 Jul 2009 11:28
The British currency is heading for the firstly weekly decline against the dollar in a month, after a report released today indicated a less significant service sector growth for the month of June.
|
|
|
Latest Glossary Entries
|
|---|
|
VPS (Virtual Private Server) — virtual environment hosted on the dedicated server, which can be used to run the programs independent on the user's PC. Forex traders use VPS to host trading platforms and run expert advisors without unexpected interruptions.
|
|
Standard Lot — 100,000 units of the base currency of the currency pair, which you are buying or selling.
|
|
Swap — overnight payment for holding your position. Since you are not physically receiving the currency you buy, your broker should pay you the interest rate difference between the two currencies of the pair. It can be negative or positive.
|
|
If you have something to ask or comment about this site, you
can contact me using this contact form.
|
