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

  • Jerome from France writes about GAINSY:

    Recently I began trading on this platform, just two months. I was attracted by trading conditions and I decided to try starting from $ 500. Please note that the currency is not much, but there are most popular, which is in principle sufficient. In ge...

  • john from UK writes about AvaTrade:

    As an experienced trader, I would highly recommend to any person who likes to trade forex or CFDs, to look into "Avatrade". It’s a good and reliable company, with decent spreads and relatively good service. I don’t know why it’s not ranked high in th...

  • Chaudry Shahid from Pakistan writes about HotForex:

    Tight spread, especially on Cable. This broker is suitable with news trading, I have traded news as nfp and fed but this broker close my positions at my stop loss while previous broker took more than my stop loss level > 40 pips. Fast payment within ...

  • Papaye from France writes about JustForex:

    I trade with this broker for two weeks, because I was so disappointed with Tickmill who is a bad market maker...

    JustForex is a real NDD broker, it is secure to trade with them like JFD Brokers. VERY good execution, no requote, and they don't trade ...

Forex Blog

EUR/USD Rallies as Optimism for Trump's Tax Reforms Wains

Thu, 23 Feb 2017 16:59

EUR/USD rallied today for the second day in a row. The current trading session was light on economic data, therefore it was not the reason for the rally. The likely reason was the comments from US Treasury Secretary Steven Mnuchin about the planned tax cuts and other reforms. US President Donald Trump...

EUR/USD Accelerates Bounce After FOMC Minutes

Wed, 22 Feb 2017 20:23

EUR/USD fell intraday during the Wednesday's trading session but bounced later due to subsiding concerns about the outcome of the French presidential elections and positive macroeconomic data from the eurozone. The Federal Open Market Committee released hawkish minutes of its January-February policy meeting, yet the currency pair reacted to that...

EUR/USD Slides amid Fed Tightening Talks

Tue, 21 Feb 2017 15:35

EUR/USD slipped today amid talks about monetary tightening from the Federal Reserve. Philadelphia Fed President Patrick Harker said today that he "would not take March off the table." Such comments allowed the dollar to rally even though today's US economic data was...

Forex News

US Dollar Plummets After Steven Mnuchin Interview and Jobless Claims Data

US Dollar Plummets After Steven Mnuchin Interview and Jobless Claims Data

Thu, 23 Feb 2017 17:25

The US dollar today plummeted to new lows today after the US Treasury Secretary Steven Mnuchin failed to clarify the details of Donald Trump's 'phenomenal tax' plan during an interview.

Aussie Bounces After Intraday Drop

Aussie Bounces After Intraday Drop

Thu, 23 Feb 2017 14:02

The Australian dollar dipped intraday, but the losses were short-lived, and the currency has climbed above the opening level by now. Other commodity currencies, like the Canadian and New Zealand dollar, demonstrated the similar performance during the Thursday's trading session.

Pound Gains on Dollar & Euro After Retail Sales Data

Pound Gains on Dollar & Euro After Retail Sales Data

Thu, 23 Feb 2017 13:40

The Great Britain pound rose against the US dollar and the euro today thanks to improving retail sales, though analysts were not entirely optimistic.

Commodity Blog

Oil Futures Make Gains After Smaller-Than-Expected Inventory Rise

Thu, 23 Feb 2017 18:05

Oil futures climbed on Thursday after new data found a smaller-than-expected rise in US crude inventories. Analysts say that a global supply glut...

Orange Juice Futures Tumble as Volatile Winter Nearly Ends

Wed, 22 Feb 2017 18:12

Orange juice futures are falling on Wednesday as the commodity starts to make an exit from the extremely volatile winter season. This means that the harvest will...

Crude Oil Drops Despite High Compliance to OPEC Cuts

Wed, 22 Feb 2017 17:51

Crude oil dropped today even though the Organization of Petroleum Exporting Countries talked about high compliance to the production cuts announced last year....

Forex Video Zone

Trading Sentiment on EUR/USD Unclear

Thu, 23 Feb 2017 16:32

Despite the release of Germany's economic data, investors are largely taking a wait and see approach when it comes to the EUR/USD pair. According to official data, the Germany economy grew by 0.4% in the fourth quarter, holding well in line with what markets had earlier anticipated. It was faster than 0.1% rise in the third quarter. The annual GDP advanced to 1.2%, which was slower than 1.5% rise in the previous quarter....

What Is Gold Standard?

Thu, 23 Feb 2017 14:35

The gold standard is a monetary system in which a country backs its currency with a reserve of gold and allows currency holders to exchange their notes and coins for gold. For many years up to 1914, most of the world's leading currencies had their exchange rate determined by the gold standard. The economic disruption resulting from the first world war led the combatants to abandon the link to gold. The UK returned to the gold standard in 1925, before quitting...

GBP/USD: Under Pressure — Forecast — February 23rd 2017

Thu, 23 Feb 2017 14:27

In this video, the Trading Central looks at the currency pair GBP/USD for the February 23rd session. GBP/USD — The British pound has reversed the course to the downside. On the intraday 30-min chart, we can see that, after a strong rebound, the GBP/USD pair yesterday peaked at around 1.2510, which happens to be a very key resistance, that has been in place for a week. Currently, the pair is capped by the 50-period Moving Average. Now,...