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 $6.6 trillion. 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.

Getting into Forex trading is easy:

1. Start with our free Forex course.
2. Open an account with a broker.
3. Learn from other traders at the forum.

Latest in Forex

  • Mehmet from UAE, Dubai writes about Olymp Trade:

    Among other option brokerages Olymp stands out by its own unique trading platform and the fact that this is a 2-in-1 brokerage, both forex and options. I've started with options trading. The rules here are really transparent and are all explained in...

  • Atiq ur Rehman from Pakistan writes about HotForex:

    I had recently opened live account with hotforex. Previously i was prcticing the demo trading which gave me some confidence going to trade live. Therefore i opened the live micro account in July and since I have been trading this live account. The le...

  • sammy from united states writes about Coinexx:

    I signed up for a trading account with finpro/coinexx and was happy with the spreads and commission at 2$ a lot. however once i started making money they switched it to 10$ a lot without my knowledge and continued to charge me the 10$ rate for 2 year...

  • Rachel from England writes about EagleFX:

    As a new broker I was sceptical and started out with a small deposit to test the service. I was looking to try a new broker so that I could access the crypto markets 24/7 which was not available with my current broker at the time.

    Now been with Ea...

Forex Blog

Forex Brokers Update — November 17th, 2019

Sun, 17 Nov 2019 9:20

This week didn't include any new listings for our website, but we are happy to present the following changes to the previously listed brokers: easyMarkets now lets you deposit and withdraw funds also via BPAY. DeltaStock added two more cryptocurrency pairs for trading: ZEC/USD and XRP/USD. Darwinex added...

Weekly Forex Technical Analysis (Nov 18 — Nov 22, 2019)

Sat, 16 Nov 2019 9:47


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.0940 1.0965 1.1008 1.1032 1.1076 1.1100 1.1144

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.0969 1.1018 1.1037 1.1085

EUR/USD Rallies After Eurozone Data, Keeps Gains After US Releases

Fri, 15 Nov 2019 15:58

EUR/USD rallied during Friday's trading session. The currency pair advanced after eurozone data suggested that the economy of the region is stabilizing. US macroeconomic releases did not stop the rally as the majority of indicators were disappointing. US retail sales rose by 0.3% in October, exceeding the median forecast of a 0.1% increase....

Forex News

Pound Rallies as Farage Gives Up More Seats to Boost Tory Majority

Pound Rallies as Farage Gives Up More Seats to Boost Tory Majority

Fri, 15 Nov 2019 16:21

The Sterling pound today rallied to new 8-day highs against the US dollar after Nigel Farage surrendered a further 43 seats increasing the chances of a Tory majority government.

US Dollar Mixed on October Retail Sales, Manufacturing Index

US Dollar Mixed on October Retail Sales, Manufacturing Index

Fri, 15 Nov 2019 13:50

The US dollar is struggling to find direction against multiple currency rivals at the end of the trading week. The greenback is trading sideways after new retail sales, manufacturing, and trade data showed a mixed portrait of the national economy last month.

Euro Holds Ground After Inflation Slows

Euro Holds Ground After Inflation Slows

Fri, 15 Nov 2019 12:15

The euro rose against other most-traded currencies today even after a report confirmed that eurozone inflation slowed last month. It looks like the market sentiment is recovering as riskier currencies are gaining upward momentum, while safer ones seem to be under pressure.

Commodity Blog

Commodities Technical Analysis, November 18th — November 22nd

Sun, 17 Nov 2019 10:08

The technical analysis, that includes the indicator data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continuous charts as of November 17th,...

Gold Falls on China Trade Deal Hopes, Still Poised for Weekly Gain

Fri, 15 Nov 2019 18:34

Gold futures are trading lower at the end of the trading week, buoyed by hopes that the US and China are poised for a trade agreement. As administration officials touted...

Natural Gas Rallies on Tepid Supply Build, Cold Weather

Thu, 14 Nov 2019 16:43

Natural gas futures are rallying on Thursday after the US government reported a smaller than expected build in domestic weekly...

Forex Video Zone

GDP Report Explained

Sun, 17 Nov 2019 5:09


Trading Psychology: Preparing for a Trade

Sat, 16 Nov 2019 17:36

In this video, you will look at how to prepare for a trade by controlling your trading psychology. You might have come across lots of indicators and lots of trading systems. However, you need to try it yourself, and find out the results. You need to use a demo account and try the strategy first. You need to find it where it goes wrong. Find our the ways to improve...

CPI Report Explained

Sat, 16 Nov 2019 17:23

In this video, you will learn about the consumer price index report. When the price of commodities rises beyond a certain level, then you will experience what is called as inflation. When inflation rises beyond a certain level, then the economy of a country will move towards a coidition called recession. Hence, central banks, and economic experts pay a close attention to inflation. The GDP...

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Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.