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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 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.

Latest:

Perlit Qian from Canada writes about Interactive Brokers:

I have used the services of Interactive Brokers for stock option trading. Once I bought 10 contracts of call option at cost of 900 USD. As the price went up I had found only 3 contracts and sold these 3 contracts for 3000 USD. 7 contracts in value of...

Sandro Rogério from Brasil writes about FXOpen:

'm trader, open account in FXOPEN.COM.

I did a bank transfer to a local account, they provided me. I'm from Brazil.

realized the transfer to this account, so that the company did not credit the amount in my trading account.

she claims not identifi...

Kulvir Singh from Ludhiana writes about 4XP:

frm last 1 week i m tring to call 4xp office none of there contact num is working.. no live chat response no reply of mail totaly unexpected this going in 4xp can any one provide me there delhi head office address. or kindly contact me on +9188721220...

Canadian Dollar Teeters Between Gains and Losses
Thu, 23 May 2013 15:06

Canadian dollar is experiencing very choppy trading today, moving between gains and losses against major counterparts as traders and investors try to figure out what to do next.

Euro Gains Even After Weak Data
Thu, 23 May 2013 14:40

The eurozone continues to show weak data readings, and many expect the recession in the eurozone to last through the rest of the year. However, even so, the euro is still gaining against the US dollar. Even with the current “risk off” environment, euro is heading higher.

Concerned Investors Buy Yen
Thu, 23 May 2013 09:36

The Japanese yen climbed today, posting the biggest gain against the euro in five weeks, as Chinese manufacturing and speculations about the future monetary policy of the US Federal Reserve made investors nervous and unwilling to risk.

Aussie Drops with China’s Manufacturing
Thu, 23 May 2013 08:49

The Australian dollar slumped today, reaching the lowest level in a year against the US dollar, as China’s manufacturing contracted this month and the US Federal Reserve hinted that quantitative easing may be reduced.

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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