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

  • John writes about Forex Optimum:

    The broker's not bad, of course the conditions aren't the best, but I can't call them bad either. Withdrawal is always problem free with this broker. I usually withdraw atleast 200 dollars every 20-30 days. Forex optimum isn't a fraud, tested it on m...

  • from United States writes about FinPro Trading:

    It is such a pain to find brokers who accept US clients. Found them in a list on a forum and its been a smooth journey ever since. Like their spreads, commission and the instruments they offer to trade. No issues with withdrawals and I’m guessing dep...

  • Bradley from UK writes about LQDFX:

    Never had any difficulties with this broker, support is fast, issues are dealt quickly, overall good service.

    From trading point of view - the platform's performance is not bad at all, spreads are really tight and execution is fast, which appears as...

  • ProFX from France writes about AMarkets:

    Just have to share, since I was very pleasantly surprised with this broker. I'm trading on Forex for more than 5 years and have had many brokers. Initially I was picking brokers who are registered, thinking it would help in case something happens. As...

Forex Blog

Forex Brokers Update — July 23rd, 2017

Sun, 23 Jul 2017 10:22

No new brokers have been added during the week that ends today, but some significant updates have been made to the listed companies: Liteforex opens office in Poland and adds Bitcoin as a payment option. PAMM and LAMM accounts are no longer available. Added Spanish support and also e-mail...

Weekly Forex Technical Analysis (Jul 24 — Jul 28)

Sat, 22 Jul 2017 9:03


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1256 1.1345 1.1504 1.1593 1.1752 1.1841 1.2000

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1362 1.1538 1.1610 1.1786

E-Book Review: Crowds, Crashes, and the Carry Trade by Valeri Sokolovski

Fri, 21 Jul 2017 17:45

Today, I would like to present a review of a research paper called Crowds, Crashes, and the Carry Trade. It was published by Valeri Sokolovski, a finance scholar at the Stockholm School of Economics. It was presented by Mr. Sokolovski at the conference called Exchange Rate Models for a New Era: Major ...

Forex News

Euro Strong During Week of ECB Meeting

Euro Strong During Week of ECB Meeting

Sat, 22 Jul 2017 16:57

The euro was strong during the past trading week due to the statement of the European Central Bank, which market participants considered to be hawkish.

Australian Dollar Sinks as Interest Rate Hike Expectations Slashed

Australian Dollar Sinks as Interest Rate Hike Expectations Slashed

Fri, 21 Jul 2017 18:14

The Australian dollar tumbled today after a central bank official damped expectations of an interest rate hike.

South African Rand Firm Despite Interest Rate Cut

South African Rand Firm Despite Interest Rate Cut

Fri, 21 Jul 2017 15:30

The South African rand rallied today despite yesterday's surprise interest rate cut from the nation's central bank.

Commodity Blog

Commodities Technical Analysis, July 24th — July 28th

Sun, 23 Jul 2017 9:17

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 July 23rd, 2017:...

Rising OPEC Oil Production Hurt Prices

Fri, 21 Jul 2017 18:50

Crude oil sank more than 2% today on the forecast that supply from the Organization of Petroleum Exporting Countries is going to increase. Petro-Logistics...

Gold Poised for Second Straight Weekly Gain as US Dollar Slides

Fri, 21 Jul 2017 16:58

Gold futures are on track for their second straight week of gains as the US dollar continues to slide. With the greenback trading at its lowest levels in more...

Forex Video Zone

What Is the EIA (Energy Information Administration)?

Sun, 23 Jul 2017 15:59

EIA is the abbreviation for the Energy Information Administration. The government agency formed in 1977 as an advisor to the US Department of Energy. The EIA is responsible for objectively collecting energy data, conducting analysis and making forecasts. EIA's reports contain information regarding important energy related factors, such as future energy inventories, demand and prices. Its data, analysis, and reports are available online to both members of the public and the private...

Daily Forex News and Analysis — July 23rd 2017

Sun, 23 Jul 2017 14:16

The EUR/USD pair rose by 0.28%, closing the week at 1.1663, The GBP/USD increased by 0.19%, closing the week at 1.2997 exchange rate. Wells Fargo & Co is the focus of a new regulatory inquiry after sensitive client information was mistakenly released without authorization. Last year's banking scandal in which thousands of fake accounts were created caused a major scandal and a $185 million fine. Gold jumped up by 0.71%, as of last week's...

Oil Returns to 3-Week High

Fri, 21 Jul 2017 12:26

Oil remains stable today. After a short downward correction, crude is trying to hit a 3-week high. Brent Crude Oil is trading at $49.54 a barrel, after a slight decline amid the concerns of investors about the oil supply glut. Market participants are worried that the previously extended OPEC deal could fail to shrink global oil supply. However, crude prices are supported by anticipation of the OPEC meeting. Moreover,...