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 start learning to trade by going through our free Forex course. You can also join a friendly community of traders at the Forex forum.

Latest in Forex

  • Orzi from Romania writes about Bolmax Management:

    I still cannot get used to it, and I guess I never will. Typical circumstances of bucket shop spread betting. Deposited, traded a bit unsuccessfully, lost about 10% of my deposit. Then traded profitably, when I made up for losses and took my deposit ...

  • Alvaro from Spain writes about Trade Fintech:

    I have been a user of TradeFintech for a little over a Half year now. Over the course of my tenure I have only had to call tradefintech once about a problem I had trading and the issue was resolved quickly with no additional fees.

    Pros:

    -Easy, E...

  • George Valdez from Canada writes about MXTrade:

    I have opened account in MXTrade, because I have read a lot positive reviews about their spreads, leverage, etc. What was suprise for me they have round the clok support so if I trade at night and have questions I can contact. I have traded with one ...

  • Alf from UK writes about FXTM:

    my neighbor told me about this broker. Interesting enough, knowing i can invest and earn profit for a minumum trading amount with this company, so i did! their brokers is teaching me techniques and assistin me whenever i am trading.

    i still get con...

Forex Blog

Your 2016 Trading Results Poll

Mon, 16 Jan 2017 15:09

I still have one 2016 trade active (NZD/USD short from ascending channel), and there is a pending order carried over from 2016 (USD/CAD ascending channel). Nevertheless, it is now time to calculate my profit for the past year. The remaining position and order will count...

Double Top on CAD/JPY Daily Chart

Sun, 15 Jan 2017 14:36

I am presenting yet another pattern with the Canadian dollar in the main role. The double top on USD/CAD is still a pending one, while the USD/CAD channel is already trading. The double top on CAD/JPY is a bit different in the sense that it is bearish for CAD, not for the other currency....

Another Bearish Signal for USD/CAD — Double Top on D1

Sun, 15 Jan 2017 13:55

The Canadian dollar has formed another bearish pattern against its US counterpart — this time on the daily chart. The previous pattern (ascending channel) is still in play but does not look too good. The current pattern is not an ideal double top formation. Yet, the break...

Forex News

Real Falls vs. Dollar, Brazil's Official's Unconcerned

Real Falls vs. Dollar, Brazil's Official's Unconcerned

Wed, 18 Jan 2017 15:26

The Brazilian real fell against the US dollar today, but Brazil's officials were not concerned by the dollar's strength, thinking that there are plenty supportive fundamentals for the Brazilian currency.

Britain's Pound Unable Maintain Tuesday's Rally

Britain's Pound Unable Maintain Tuesday's Rally

Wed, 18 Jan 2017 14:58

The Great Britain pound was unable to maintain the Tuesday's rally today despite better-than-expected employment data released from the United Kingdom on Wednesday.

US Dollar Drops as Donald Trump Says the Currency Is Too Strong

US Dollar Drops as Donald Trump Says the Currency Is Too Strong

Tue, 17 Jan 2017 20:02

The US dollar experienced a sharp decline against its major peers on Tuesday, after US President-elect Donald Trump spoke against the strength of the nation’s currency. The British pound was the biggest gainer against the US dollar.

Commodity Blog

Gold Prices Surge After Donald Trump's 'Too Strong' Remarks

Tue, 17 Jan 2017 18:09

Gold prices are surging on Tuesday after US President-Elect Donald Trump said the dollar is "too strong," sending the greenback lower. The yellow metal...

Gold Rises to Eight-Week High of $1,200

Mon, 16 Jan 2017 18:08

Gold prices have touched above the important $1,200 threshold for the first time in 2017. Due to growing uncertainty regarding US President-Elect Donald Trump,...

Commodities Technical Analysis, January 16th — January 20th

Sun, 15 Jan 2017 9:20

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of January 15th, 2017:...

Forex Video Zone

Daily Forex News and Analysis — January 18th 2017

Wed, 18 Jan 2017 15:55

US stocks were down after the close on Tuesday as losses in the Financials and Transport sectors led shaes lower. The Dow Jones fell by 0.30% and the NASDAQ lost 0.63% from its value. The US dollar traded lower against the other major currencies after Donald Trump commented in an interview with The Wall Street Journal that the the dollar was too strong. Today, the US CPI is expected at 0.3% vs. 0.2% previously...

GBP/USD Tumbles from Yesterday High

Wed, 18 Jan 2017 15:15

The pound sterling has again come under pressure as investors have been particularly concerned about a hard Brxit and uncertain economic fallout. The GBP/USD pair is trading at 1.2297. Importantly, the pound's weakness is also caused by Scotland's jitters. At present, Scotland is worried that it is losing access to the single European market. So, experts do not rule out the scenario of Scotland's exit from the Unite Kingdom...

Decline in Oil and Gold Prices May be Short-Run

Wed, 18 Jan 2017 14:47

Commodity assets are gradually giving away to the surging US dollar. Gold is coming off its daily highs. Traders are quite cautious. Gold futures for February delivery touched the mark of $1,217.50 and then declined to $1,213.02 a troy ounce. Traders are looking forward to a speech of the Fed Chairperson expecting Janet Yellen to cast some new light on the monetary policy topic, on several rate hikes this year in particular....