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

  • Mirko writes about Forex Optimum:

    Traded for only a short period of time, processing of order is not the fastest, but satisfactory. There are also enough trading instruments, but mein lieber Gott, spreads are dreadful. I did not manage to make stable profit as I usually do, only a lo...

  • ali from uae writes about ADS Securities:

    this company is kind of money maker and they are playing in market by wide the spread ,edit the client order like they change your buy stop or sell stop ,some times they close your trade when you making the profit

    please stay a way from this bro...

  • Duygu from Turkey writes about AccentForex:

    The company is already working for 6 years. A good indicator of stability. I had the experience of working with other brokers. I have something to compare. In accent I am sure that they do not engage in deception, I have not seen this in all the year...

  • bakti adhikara from Indonesia, Solo writes about Tickmill:

    to be honest as a newbie ,

    trading with ECN Broker like tickmill is a new experience for me.

    Because i am usually trade with fixed spreads broker that provide cent lot trading.

    I heard rumors if in ECN Brokers -spreads will be widening like c...

Forex Blog

Dollar's Rally Stalls Despite Amazing Economic Reports

Thu, 26 May 2016 14:23

US economic reports released today were stellar, but this did not prevent EUR/USD from rising for the second day. One of the possible reasons for such behavior can be skepticism of market participants regarding chances for a June interest rate hike from the Federal Reserve. Traders wait...

EUR/USD Sticks Head Up, Probing for Rally

Wed, 25 May 2016 15:48

EUR/USD was trading mostly in a range today with a slight downside bias. Yet just recently the currency pair moved to the upside sharply. The current trading session was light in terms of economic data from the United States. And without additional indications about probability of a June interest rate hike, it may...

EUR/USD Breaks Down After Two Days of Stability

Tue, 24 May 2016 15:17

EUR/USD broke to the downside today after two days of small gains. The major factor that helped the dollar to outperform the euro was the outlook for a June interest rate hike from the Federal Reserve. Macroeconomic data also played its part as the US housing report was superb while the economic sentiment ...

Forex News

Greenback Trades Lower as Dollar Index Falls

Greenback Trades Lower as Dollar Index Falls

Thu, 26 May 2016 14:53

There's a decent amount of downward pressure on the greenback right now, and the dollar index is falling. Greenback is trading lower against its major counterparts and is mostly lower against other currencies today.

Australian Dollar Bounces After Falling Intraday

Australian Dollar Bounces After Falling Intraday

Thu, 26 May 2016 14:06

The Australian dollar was down intraday but has bounced as of now even though Australia's macroeconomic data was rather detrimental to the currency.

Canadian Dollar Gains as Oil Tops $50 a Barrel

Canadian Dollar Gains as Oil Tops $50 a Barrel

Thu, 26 May 2016 13:49

Canadian dollar is higher against its major counterparts today as oil prices gain ground. Also helping the loonie is the upbeat economic forecast from the Bank of Canada. There seems to be a lot of loonie-positive news, and that is fueling demand in Forex trading.

Commodity Blog

Gold Hits 7-Week Low as Investors Sell Holdings

Wed, 25 May 2016 18:55

Gold prices fell for the sixth consecutive trading session on Wednesday. With growing expectations of an interest rate hike by the Federal Reserve next month, more investors...

Iron Ore Nearing $50, December Lows May Be Retested in 2016

Wed, 25 May 2016 12:43

After a dramatic rise in iron ore prices (the key component to steel production) throughout the beginning of 2016 culminating in April highs near $70, the raw material...

Bitcoin Price Projection and News

Tue, 24 May 2016 21:54

Pricing Outlook

Bitstamp is showing rising buy volume in the last 12 hours, moving bitcoin slowly but steadily towards...

Forex Video Zone

Types of Forex Brokers — Dealing Desk Versus No Dealing Desk

Thu, 26 May 2016 15:27

Forex trades are facilitated by brokers and as you begin your day trading career, it is important for you to understand the different type of brokers. The Forex brokers fall into two categories, Dealing Desk brokers and No Dealing Desk brokers. Both brokers have their own advantages and disadvantages and they offer different methods for entering and exiting trades. For example, some offer tighter spreads, but charge commission, while...

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

Thu, 26 May 2016 14:22

In this video, the Trader Guy looks at currency pairs USD/JPY and AUD/USD for the May 26th session. USD/JPY — We did go back and forth during the day and it really looks like we are stuck at the 110.00 level. If there is any chart that shows just how quiet the Forex markets have been over the last couple of days, it’s USD/JPY. If we can break above...

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

Thu, 26 May 2016 13:51

In this video, the Trader Guy looks at currency pairs EUR/USD and GBP/USD for the May 26th session. EUR/USD — We really did not do anything on Wednesday and really that is not a surprise as the pattern has repeated itself. We repeatedly fell and moved sideways and now it looks like we are moving sideways again for a couple of sessions. Quite frankly, technical analysis is that simple as you need...