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. 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

  • christ athan from Austria writes about Turnkey Forex:

    Heard so much good about this broker everywhere be it babypips or FPA or any other forums that I had to give it a try. And I have to say, everything I heard was true. It’s been 6 months since I have been with this broker and so far so good. The clien...

  • Hoang Le from Vietnam writes about LMFX:

    I just started trading with this broker from 2018 through a seminar with $50 bonus. Pleasantly surprised by the service. This broker offers competitive pricing, spread and an easy deposit/withdrawal process. Also, execution is good without freezes a...

  • Per from Germany writes about GAINSY:

    I am trading with this broker last 6 monts, And I have only positive impressions about it.Their support team is really nice and they tried to help you in every situation, even if they musn't do it. Also they gave me good trading conditions and it's c...

  • Jandre Pjanic from Croatia writes about Land-FX:

    Appreciate the variety of Deposit/Withdrawal methods and people working in customer support. The later is the main reason I haven’t fallen for a deposit bonus from a competitor.

Forex Blog

EUR/USD Reverses Gains Caused by Dovish FOMC

Thu, 21 Mar 2019 16:17

EUR/USD fell today, reversing yesterday's gains caused by the extremely dovish stance of the Federal Open Market Committee, as traders were digesting the news. Market analysts speculated that the retreat can be just profit-taking after the sharp rally made the currency pair overbought, and in the future the dollar may still feel the pressure...

EUR/USD Surges After Dovish FOMC

Wed, 20 Mar 2019 22:39

EUR/USD jumped sharply today after the Federal Open Market Committee turned out to be even more dovish than was expected. While most market participants were expecting the FOMC to reduce the planned number of interest rate hikes in 2019 from two to one, the Committee actually dropped...

Forex Brokers Update — March 17th, 2019

Sun, 17 Mar 2019 9:29

Another week has passed without new additions to the list of Forex brokers on our website, but there are some old brokers to report on: RoboForex is switching spreads from fixed to variable in Fix-Standard and Fix-Affiliate accounts from April 1. CFDs and cryptocurrencies have been added...

Forex News

Sterling Pound Drops on BoE Rate Decision and Brexit Headlines

Sterling Pound Drops on BoE Rate Decision and Brexit Headlines

Thu, 21 Mar 2019 18:41

The Sterling pound today fell to new lows against the US dollar as it was buffeted by negative Brexit headlines from the early London session. The GBP/USD currency pair later fell to new record lows on rumors that the EU will allow an extension of Article 50 up to May 22, which is quite short.

Norwegian Krone Gains After Norges Bank Hikes Interest Rates

Norwegian Krone Gains After Norges Bank Hikes Interest Rates

Thu, 21 Mar 2019 18:38

The Norwegian krone managed to gain on the US dollar even though the greenback was generally strong today, rebounding after yesterday's losses. The most likely reason for that was the interest rate hike by Norway's central bank.

Swiss Franc Gains Despite SNB Keeping Negative Interest Rates

Swiss Franc Gains Despite SNB Keeping Negative Interest Rates

Thu, 21 Mar 2019 17:22

The Swiss franc rallied against most major currencies today, with the exception of the US dollar, which was rebounding after yesterday's losses. Markets largely ignored the monetary policy meeting of the Swiss National Bank.

Commodity Blog

Gold & Silver Continue to Rally on Fed Policy Outlook

Thu, 21 Mar 2019 19:11

Gold and silver extended today yesterday's rally that followed the news that the Federal Reserve dropped its plans to hike interest rates...

Natural Gas Flat on Modest Decline in US Inventories

Thu, 21 Mar 2019 15:40

Natural gas futures are trading sideways on Thursday after the US government reported a modest decline in domestic supplies. The latest industry data also suggests

...

Commodities Rally on Wednesday Thanks to Positive Fundamentals

Wed, 20 Mar 2019 23:29

Metals, including gold, rallied on Wednesday after the Federal Reserve turned out to be extremely dovish, dropping its plans to hike interest rates...

Forex Video Zone

EUR/USD and GBP/USD Forecast — March 21st 2019

Thu, 21 Mar 2019 14:34

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 21st session. EUR/USD — The Wednesday session saw the market to rally nicely after the dovish stance of the Fed regarding its monetary policy. The market is trading within this consolidation zone as both central banks are not helping this pair at the moment. However, this pair looks bullish at the moment and set to move towards...

Gold Forecast — March 21st 2019

Thu, 21 Mar 2019 14:33

In this video, the Trader Guy looks at the commodity, gold for the March 21st session. Gold/USD — The Thursday session saw the gold market to initially pull back and then to turn around to show signs of support. This was due to Fed, which has ruled out the possibility of a rate hike for the duration of this year. This caused the gold market to be bullish. The 1,325 level looks like...

Trading with Rectangle Break Strategy

Thu, 21 Mar 2019 13:11

In this video, you will learn about the rectangle break strategy. As you can see on the AUD/NZD daily chart, this is the rectangle box marked. The market has been oscillating between the support and resistance levels for some time. At some point, the market broke to the upside. You can take a long position and place your stop-loss halfway into the rectangle. For determining the take-profit level, take the measurement from the height...