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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:

Manish Kumar from India writes about HotForex:

I used to trade with many brokers and it’s my second month trading with Hotforex. During this period everything seems perfect . My Forex adventure has taken me all around so many brokers but Hotforex is the best.They are really professional. Deposi...

Mimoun from Algeria writes about HotForex:

I started to trade with hotfrex since October it was tough when I started because of disconnection issues, I admit they have solved them pretty fast and they were responsive when ever I contacted the support team, they even called me back to explain,...

Ismail C m from Dubai > UAE writes about Plus500:

I am using plus500 for the past 3 weeks. I have started with 200 DHS. And after one week my balance turned to 700 so I have again deposited 500 AED. And begining of this week my Balance became 1600 AED. So I tried to transfer AED 500 to my paypal acc...

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.

US Dollar Remains Lower
Fri, 27 Jan 2012 14:22

US dollar remains lower on the Forex market, dropping as economic conditions continue to exert downward pressure. Greenback is lower as the latest news comes in about the GDP, and as Forex traders continue to weigh the latest statements from policymakers in the United States.

Ruble Slows Rally vs. Dollar as Bank Rossii Sells Currency
Fri, 27 Jan 2012 12:50

The Russian ruble slowed its rally against the US dollar today on speculation the nation’s central bank sold the currency. The ruble currently is above the opening price, indicating that it may yet continue its rally.

Iraqi Dinar Gains vs. Dollar, Falls Back to Opening
Fri, 27 Jan 2012 11:55

The Iraqi dinar gained against the dollar today, but fell back to the opening level later as tensions between Sunni, Shi’ite and Kurdish political groups intensify, adding to the political turmoil and preventing an introduction of the much needed oil law.

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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