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.


Janick from Germany writes about FX Next:

Good broker with market depth and oneclick trading. I trade with the mini ecn account and the execution is faster then MT4. I will soon try the ecn account for API trading.

Does anyone know a programmer who can converts mql4 to their open API?

Li from China writes about FBS:

FBS is the biggest scam broker I've ever met and heard of - it took 3800 USD from my credit card and didn't even deposit it to my trading accounts! When I asked them about this they just looked for all sorts of excuses and told numerous lies as quest...

Viktor from Russia, Moscow-City writes about HotForex:

REVIEW ONLY FOR SCALPERS!! For those who use MT4 default autotrading feature (which I guess very few), I would strongly advice to spend 5 min and install their One Click trading EA. Discovered it during my last browsing of HF website (haven’t been ...

Euro Loses Ground by Weekend
Sat, 22 Nov 2014 16:23

Initially, it looked like this trading week would be another week of consolidation for the euro. Yet the shared 18-nation currency lost its ground by the weekend due to combined influence of poor economic indicators and comments from European policy makers.

China’s Interest Rate Cut Lifts Australian Dollar
Fri, 21 Nov 2014 21:54

The Australian dollar climbed today, reaching the highest level in more than a year and half against the Japanese yen. The rally followed a surprise interest rate cut from China’s central bank.

Canadian Inflation Pushes Loonie to New Highs
Fri, 21 Nov 2014 20:25

The Canadian dollar rose today, touching the highest level in a month against its US counterpart, as Canada’s inflation exceeded expectations. The currency also rallied to the strongest level in a year versus the euro and reached a new multi-year high against the Japanese yen.

Swiss Franc Joins Euro in Decline
Fri, 21 Nov 2014 11:59

The Swiss franc sank today as Governing Board Member Fritz Zurbruegg said that the Swiss National Bank will take any steps required to keep the ceiling on the currency in place. The Swissie declined together with euro.

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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