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.

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

Latest in Forex

  • Makmun Herri Rojiqien Martadireja from Indonesia writes about ForexMart:

    I really feel the experience of Different Trading in ForexMart , Closing Fast Execution and Monitoring Trading is very easy to see cabinet simple personal account . I garansikan you for Trading together in ForexMart

  • Tenco from Spain writes about Bolmax Management:

    Honestly so-so broker, execution speed is not impressive and breakevens suspiciously often go with gap. So I think their conditions maybe not horrible but also not competitive as for todays market.

  • Daniël from North Holland writes about Fort Financial Services:

    Hello! I would like to say first that the Fort Financial Systems is a new broker for me. I opened my account only about a week ago just because I want to test out their services. I was pleasantly surprised with their trading conditions, I didn't real...

  • Antares writes about LMFX:

    Unfortunately, this turned out to be one of those companies whose terminals often hang freezed under high volatility. It's awfully irritating when trading is on and and you can't operate with terminal, and it often turns into loss trades. My opinion ...

Forex News

Prospects of Monetary Easing Makes Swiss Franc Unattractive

Prospects of Monetary Easing Makes Swiss Franc Unattractive

Fri, 12 Feb 2016 2:21

The Swiss franc fell on Thursday and extended its move down on Friday as prospects of even more accommodative monetary policy made the currency less appealing to investors. While the franc is considered a safe currency, currently it has limited appeal due to desperate attempts of the Swiss National Bank to reinvigorate Switzerland's economy.

Riksbank Cuts Rates, Krona Mixed at Start of Friday's Trading

Riksbank Cuts Rates, Krona Mixed at Start of Friday's Trading

Fri, 12 Feb 2016 1:18

The Swedish krona sank yesterday following the bigger-than-expected interest rate cut from the central bank of Sweden. Today, the currency continued to move lower versus the US dollar but rose a bit against the euro. The Riksbank slashed its main interest rate by 15 basis points to -0.5 percent. Analysts had expected a somewhat

Global Stock Selloff Sends Sterling Lower

Global Stock Selloff Sends Sterling Lower

Thu, 11 Feb 2016 15:19

UK pound is struggling today, heading lower as a global stock selloff weighs on the currency. Sterling is down nearly across the board today, thanks to concerns about stocks, and earnings misses by major European banks. UK pound has taken something of a beating in recent weeks. With a variety of concerns weighing on the British

Forex Blog

EUR/USD Goes Higher amid Risk Aversion

Thu, 11 Feb 2016 16:39

EUR/USD advanced today as concerns about global economic slowdown deepened. The worries led to speculations that the Federal Reserve would hike interest rates with slower pace or even forgo monetary tightening altogether. Yesterday's comments from Fed Chairperson Janet Yellen reinforced such view, being fairly dovish,

Biggest Forex Scam Pt. X (Christopher B. Cornett)

Mon, 8 Feb 2016 19:48

Unlike other financial markets, the Forex market has very little legal and capital restrictions. Thus, it is a blessing for a beginner who lacks financial strength. However, con artists misuse the FX market for their personal gains. Thus, it is a must to scrutinize the schemes related to the foreign exchange trading. Only

Disfigured Double Top on GBP/CAD Weekly Chart

Sun, 7 Feb 2016 14:51

Not all chart patterns are created to look like an ideal example — some of them look horribly despite meeting the formal requirements of their kind. The latest development on GBP/CAD weekly chart is just such a case. The pattern began forming back in July 2015. The first top was reached in the end of August,

Commodity Blog

Gold Declines After Massive Rally, Other Precious Metals Follow

Fri, 12 Feb 2016 1:43

Gold fell today and other precious metals followed as traders decided to take profit from their long positions after the massive rally on Thursday. The losses were relatively small and looked like just a minor correction. Bullion has rallied yesterday due to cautious comments of Janet Yellen, Chairwoman of the 

Crude Oil Mixed at Start of Friday's Trading, Natural Gas Down

Fri, 12 Feb 2016 0:53

Crude oil futures were mixed at the start of Friday's trading with West Texas Intermediate oil bouncing after Thursday's plunge and the Brent grade retaining losses. On one hand, the unexpected build-up of Cushing oil inventories added to concerns about oversupply on the market. On the other, prices were supported by speculations

Investors Seek Safe Haven, Gold Provides Solution

Mon, 8 Feb 2016 23:32

Gold rallied today, soaring more than 3 percent, and other precious metals joined the parade (with silver surging more than 4 percent) as investors were looking for safe assets amid prevailing risk aversion. Both US and European stocks collapsed on Monday, making traders nervous, and the decline of crude

Forex Video Zone

WTI Crude Oil and Natural Gas Forecast — February 12th 2016

Fri, 12 Feb 2016 8:13

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the February 12th session. WTI Crude Oil — It looks like we fell a little bit during the course of the session but turned back right around $26 level on Thursday. The problem of course is, this is one

Price Action Forex Trading Strategy — Support and Resistance Levels

Thu, 11 Feb 2016 13:33

In this video, we will talk about Support and Resistance levels in price action context. Identifying and judging support and resistance levels is the number one factor in profitable trading. Traders that correctly identify support and resistance and incorporate into a strategy can create a much reliable and profitable edge. Let’s walk through

Coleman — Move to the Upside in EUR/USD

Thu, 11 Feb 2016 13:09

Ian Coleman is looking at buying dips in EUR/USD after initial losses were recaptured in the pair yesterday. Ian Coleman: First we will briefly talk about USD Index. We had Yellen’s speech yesterday, which gave little direction to the markets. However the bias still remains to the downside. We have