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 $5.1 trillion (as of April 2016). 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.

You can also join a friendly community of traders at the Forex forum.

Latest in Forex

  • Michael from Slovakia writes about PaxForex:

    Here is my feedback based on my 2 months experience:

    Spread- good

    Execution- exelent

    Commission- they dont have

    Minimum Deposit- effordable

    Bonus- nice, not big but you can take your profit and invetsments anytime

    News trading - ok, t...

  • Lynn from Malaysia writes about MFX Broker:

    Mfx broker is the worse broker in the world. They did not process my withdrawal since 20 aug16. In total I have invested more than usd150k with them n they don't even allow me to withdraws 2000, n they rejected my usd2000 for a rddiculous reason. Ev...

  • Silvio from Portugal writes about ForexTime (FXTM):

    Traded NFP, the orders was perfectly executed although I entered a second after the release, managed to grab around 80 pips with 0.4 lot on EUR/USD and 0.5 lot on USD/JPY, TP was triggered correctly with 1 pip positive slippage which was also credit...

  • Omar Abadi from Saudi Arabia writes about 10Markets:

    I have traded BO at many options brokerage firms. 10markets has the best tools for trading options. There is a huge collection of technical methods. You can write your own technical methods. I can see quickly a large number of ways to structure optio...

Forex Blog

Is Forex Market Random?

Mon, 26 Sep 2016 17:29

Are Forex charts random? Does trying to predict the market and trade currencies for profit even makes sense? Traders and curious people ask these questions and, I am sure, find a lot of contradicting answers online. The number of traders who claim getting consistent profits from the foreign exchange market is...

EUR/USD Extends Rally for Fourth Day

Mon, 26 Sep 2016 16:10

EUR/USD rose today, extending its rally for the fourth consecutive session. Uncertainty about the outcome of the presidential elections in the United States and concerns that Donald Trump may win Monday's debate with Hillary Clinton were driving the dollar lower versus its peers. Better-than-expected data from US housing market...

Forex Brokers Update — September 25th, 2016

Sun, 25 Sep 2016 9:04

It looks like September will be the first month without new brokers being listed on for a long time. It seems to me that the regulatory burden is taking its toll from the number of new companies in this industry. Updates to the listed brokers this week include: Tradeo added...

Forex News

Canadian Dollar Falls on Monday, Rally of Crude Oil Doesn't Help

Canadian Dollar Falls on Monday, Rally of Crude Oil Doesn't Help

Tue, 27 Sep 2016 0:06

The Canadian dollar fell against its major peers on Monday despite the rally of Canada's most important export commodity — crude oil.

US Dollar Soft as Traders Worry About Presidential Elections

US Dollar Soft as Traders Worry About Presidential Elections

Mon, 26 Sep 2016 22:49

The US dollar was soft today due uncertainty associated with the US elections and presidential debates ahead of them. The greenback managed to stay flat against the Great Britain pound the Swiss franc. Furthermore, the US currency advanced versus the Canadian dollar.

Pound Goes Lower as Brexit Fears Return

Pound Goes Lower as Brexit Fears Return

Mon, 26 Sep 2016 16:57

The Great Britain pound was soft against some of the majors (though stayed flat versus the US dollar) as Brexit fears were returning to the market.

Commodity Blog

Bitcoin Struggling to hold Critical $600 Level

Tue, 27 Sep 2016 1:11

Bitcoin responded with resilience following the recent Bitfinex hack, finding strength around the $580 level. After a short period...

Cattle Futures Sliding on Supply Concerns

Tue, 27 Sep 2016 0:06

The USDA’s September Cattle on Feed report showed August placements up by 15% year on year, marketings up by 18% compared to last August, and the number of cattle...

Oil Settles Higher Ahead of Meeting Between OPEC & Russia

Mon, 26 Sep 2016 23:26

Futures for crude oil climb to settle more than 3% above the opening level on Monday ahead of Tuesday's meeting between Russian and members of the Organization ...

Forex Video Zone

USD/JPY and AUD/USD Forecast — September 26th 2016

Mon, 26 Sep 2016 14:33

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the September 26th session. USD/JPY — As you can see, we just opened up the week right at the open here on Friday, which showed a rather indecisive candle. It looks like we are going to continue to struggle right around the 101.00 level. The 100.00 level for me, is where the Bank of Japan loses its sense...

EUR/USD and GBP/USD Forecast — September 26th 2016

Mon, 26 Sep 2016 13:53

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 26th session. EUR/USD — We did very little during the day on Friday. We did grind a little bit higher. So, the market has just opened up. We are starting to run into a significant amount of downward pressure. And I actually see this as a potential descending triangle. If we can break out of this...

Daily Forex News and Analysis — September 26th 2016

Mon, 26 Sep 2016 13:28

Wall Street finished in the red as lower oil prices weighed on energy shares. Major indices still posted gains for the week. The Dow Jones fell by 0.71% and the NASDAQ lost 0.63% from its value. The US dollar edged higher against the other major currencies on Friday, but the gains were expected to remain limited, as the Federal Reserve's decision this week to leave interest rates on hold continued to weigh. Today,...