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

  • Alex K from South Africa writes about Synergy FX:

    I have been trading FX for 5 years and Synergy Fx has been in my top 3 choices. After reading various reviews and word of mouth I decided to test Synergy 3 years ago.

    My Account manager always responds to me in a manner time on all my request- eve...

  • ruel from philippines writes about InstaForex:

    My name is ruel yas alcober today june 20 2017 my account block by instaforex without any reason first i made witdraw amount 0f 133$ after a weeks i recieve my witdraw in ny skril.then i start trading again.friday june 17 2017 i made 214$ in witdraw ...

  • Madjefurd from Jordan writes about GAINSY:

    For more than 10 years of my experience with forex and cfd I met quite a few decent brokers. Traded with Gainsy from the middle 2013 till September, 2015, then wanted to tried something else. When at the beginning of 2015 it was the only my broker ou...

  • RACHIDA HABIBI from Morocco writes about Fort Financial Services:

    Good broker with fast execution orders with professionnal support no problems you can trust this recommanded broker

    also they give onther chance if you lose your bonus

    I suggest to trade with Fort Financial Services

    Acc number 379514

Forex Blog

USD/CAD in Ascending Channel on H4

Sun, 25 Jun 2017 19:07

After falling to its June 14 low, the USD/CAD currency pair began rising slowly, forming a perfect ascending channel pattern on its four-hour chart. A bearish breakout from this pattern would imply a continuation of the previous strong downtrend of the US dollar against the loonie. The channel is marked with the yellow...

USD/JPY Consolidates in Bullish Pennant After Rally

Sun, 25 Jun 2017 15:40

A rather rough bullish pennant pattern has formed on the 4-hour chart of the USD/JPY currency pair. The pair's rally started on June 14 following a new monthly low. It has managed to set up a new higher high and then entered a consolidation that seems like a valid bullish pennant formation, which...

Forex Brokers Update — June 25th, 2017

Sun, 25 Jun 2017 15:21

Only three brokers have some changes to report on since the time of the previous brokers update post: FXTM now accepts deposits in Bitcoin. HYCM added trading in BTC/USD and deposits via Neteller. Profiforex began accepting US traders. Launched Arabic version of its website....

Forex News

US Dollar Drops Against Euro as Disappointing Economic Release Kicks off Busy Data Week

US Dollar Drops Against Euro as Disappointing Economic Release Kicks off Busy Data Week

Mon, 26 Jun 2017 15:06

The US dollar fell against the euro and the Canadian dollar on Monday, to begin a week busy with major economic releases on a negative note. The greenback weakened in the wake of a disappointing reading for the growth of durable goods orders today, which further signaled a loss of economic momentum that weighed on the US dollar in recent weeks.

GBP/USD Rallies Higher After News of UK Government Deal

GBP/USD Rallies Higher After News of UK Government Deal

Mon, 26 Jun 2017 14:06

The GBP/USD currency pair today rallied higher after news emerged that Theresa May had struck a deal with the DUP to form a minority government. The British pound rallied higher against the US dollar after the release of disappointing US durable goods orders figures by the Census Bureau, which did not meet expectations.

Positive Market Sentiment Drives Swiss Franc Down

Positive Market Sentiment Drives Swiss Franc Down

Mon, 26 Jun 2017 13:48

The market sentiment was positive to risky currencies today, driving the Swiss franc down against its most-traded counterparts.

Commodity Blog

Bitcoin Crashes for Second Time in One Month, Losing More Than $300

Mon, 26 Jun 2017 18:52

The price of Bitcoin tumbled on Monday to the lowest level in more than a week, following a sharp decline by another digital currency last week. Bitcoin’s decline over...

Flash Crash Sends Gold to Six-Week Low

Mon, 26 Jun 2017 16:53

A “fat finger” and a stronger US dollar helped send gold prices to their lowest levels in six weeks. The yellow metal is poised to snap a ...

Commodities Technical Analysis, June 26th — June 30th

Sun, 25 Jun 2017 9:29

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 June 25th, 2017:...

Forex Video Zone

Active Trade in European Session After IFO Data

Active Trade in European Session After IFO Data

Mon, 26 Jun 2017 16:28

Today, the EUR/USD pair skyrocketed after the release of important data on the German economy. According to IFO experts, business economic index hit a fresh all time low, reaching 115.1. The latest figure was the highest since 1991. Analysts expected the index to correct to 114.4. Meanwhile, current assessment of the German economy grew more optimistic. The index rose to 124.1 in June from 123.3 in the previous month. Experts believed that the index will...

Understanding Candlestick Charts (Tutorial For Beginners) — Trading Basics

Understanding Candlestick Charts (Tutorial For Beginners) — Trading Basics

Mon, 26 Jun 2017 11:12

Candlesticks are the most commonly used method of displaying the price movement of a market on a chart. Each candlestick chart will have the time scale on the horizontal axis and the price scale on the vertical axis. Each candlestick chart you see will display candles in a particular time interval. These intervals can be anything such as 5-minutes, 1-hour, 4-hour, 1-day, etc. So, for example, here we are looking at a 5-minute chart, so...

Focus on the Australian Trade Balance

Focus on the Australian Trade Balance

Mon, 26 Jun 2017 10:30

This meeting or release is scheduled the first week of each month. The economy of Australia is one of the largest capitalist economies in the world with a GDP of $1.5 trillion as of 2013. Australia's total wealth is 6.4 trillion dollars. In 2012, it was the 12th largest national economy by nominal GDP and the 17th largest measured by PPP adjusted GDP, about 1.7% of the world economy. Australia is the 19th largest dominated by its...