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.


Usman Arshad from South Africa writes about HotForex:

Hi Fellow traders

I am trading with hotforex from 3 years. I thought to give my reviews again, during my trading with hotforex, i used to have issues with them,every broker has issues but good thing with hotforex was that they used to care for their...

Deema Osman from Cyprus writes about FxNet:

Dear all

As a representative of FxNet I have been looking through your reviews to take in all comments (complaints and compliments alike) to keep understanding what the clients are experiencing when trading with FxNet.

To everybody who has le...

Carlos from Colombia writes about TradeView Forex:

I am IB of this broker since 1 years ago, but they scam my rebate $4477 USD. When you loose money all is ok, but when you win they stole my money. be carefull

CAD Gains vs. EUR & AUD, Loses Gains vs. USD
Wed, 29 Jul 2015 21:04

The Canadian dollar gained against the euro and the Australian dollar today after a report showed that US inventories of crude oil shrank unexpectedly last week. The currency had also rallied against the US dollar but has lost its gains after the Federal Reserve concluded its policy meeting.

Dollar Climbs After Fed Concludes Two-Day Policy Meeting
Wed, 29 Jul 2015 19:43

The Federal Reserve ended its two-day meeting today, making no changes to its monetary policy — a move the surprised no one. The US dollar rallied after the event even though the Fed’s policy statement could not be called particularly hawkish.

Interest Rate Expectations Help UK Pound
Wed, 29 Jul 2015 13:26

UK pound is heading higher today, thanks in part to expectations that a rate increase from the Bank of England could be coming by the end of 2015 or around the beginning of 2016. With growth accelerating in the United Kingdom, expectations for the pound are growing.

US Dollar Index Inches Higher Ahead of Today’s Fed Announcement
Wed, 29 Jul 2015 12:55

Forex traders and others are getting ready for a policy announcement from the Federal Reserve later today. Once again, expectations are that the Fed will raise rates sometime this year, and there are officials that think that there is room for two rate hikes in 2015. With higher rates on the way, the dollar is gaining strength.

Data Mining Bias
A systematic error occurring in data analysis when a very large set of data samples are evaluated to obtain the best result. In Forex, data mining bias affects optimization results of manual strategies and automatic expert advisors.
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.

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