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

  • Francisco Jorge from Brazil writes about FBS:

    I'm a beginner forex trader and good educational material is essential for me. Besides that, I need support, because it is common to ignore what to do if things get out of control.

    FBS is good at both features and their 24/7 support is awesome.

  • Sumit Chaudhary from India writes about FxPro:

    Before joining FxPro, I studied a lot of reviews online. When choosing a broker, I think you have to make sure whether its clients frequently face withdrawals issues or not. FxPro seemed to be reliable enough in this regard.

    I opened an MT4 account...

  • Alkeria Walke from Argentina writes about ForexChief:

    This is one of the best brokers I have used since I started trading. I like the fact that they want me to succeed. They don't cancel my profit or do regular checkups on my trades, which was a serious issue with another broker. The Forexchief mt4 serv...

  • Arun Sundararajan from India writes about FXOpen:

    My Success Story with FxOpen

    I am a Full time trader from 2017 with FxOpen and the trading conditions that they provided to me are excellent and I am happy with my trading results.

    I have always received all of my profit withdrawals on time. I...

Forex Blog

EUR/USD Heads to Weekly Gain

Fri, 23 Oct 2020 15:46

EUR/USD rose today, heading to a weekly gain. Some market analysts explained the weakness of the US dollar by the rally in global stock markets, which made the greenback less attractive in its role as a safe haven. PMIs released for the United States today were good but that was not enough to support the US...

EUR/USD Falls as Traders Wait for Outcome of US Stimulus Talks

Thu, 22 Oct 2020 14:30

EUR/USD fell today after rising every single session this week. Some market analysts speculated that better-than-expected US jobs data helped the dollar to gain on the euro. But the currency pair actually bounced after the release, though the rebound was short-lived. Initial jobless claims were at a seasonally...

EUR/USD Rises as Traders Bet on US Stimulus

Wed, 21 Oct 2020 16:18

EUR/USD rose today, meaning that it was advancing every single day this week for far. Most market analysts speculated that the weakness of the dollar was the result of hopes that US politicians will be able to agree on a stimulus package after all. Some argued, though, that another...

Forex News

Turkish Lira Tests Fresh Record Low of 7.9 As Central Bank Leaves Rates Unchanged

Turkish Lira Tests Fresh Record Low of 7.9 As Central Bank Leaves Rates Unchanged

Fri, 23 Oct 2020 17:44

The Turkish lira tested a fresh record low of 7.9 to close out the trading week, one day after the central bank surprised analysts and left interest rates unchanged. The lira has repeatedly been cratering to new all-time lows throughout 2020, driven by declining foreign exchange reserves and geopolitical tensions.

Japanese Yen Soft After Economic Data, Japan-UK Trade Agreement

Japanese Yen Soft After Economic Data, Japan-UK Trade Agreement

Fri, 23 Oct 2020 10:49

The Japanese yen was trading either flat or lower against most other currencies, though it managed to gain on the US dollar. Japanese macroeconomic data released on Friday was mixed.

104.34 Low on USD/JPY a Double-Edged Sword?

104.34 Low on USD/JPY a Double-Edged Sword?

Fri, 23 Oct 2020 5:35

The United States dollar versus the Japanese yen currency pair, at this moment, may very well be treasured by both bulls and bears. However, only one party is to be right.

Commodity Blog

Commodities Week in Review: October 19 to October 23

Sat, 24 Oct 2020 3:59

Commodities Week in Review: October 19 to October 23 


The leading agricultural commodity assets – corn, wheat, and soybean – enjoyed ...

Gold Slides Below $1,900 to Finish Week on Doubts Over Stimulus Package

Fri, 23 Oct 2020 16:27

Gold futures slipped below $1,900 to finish the trading week, potentially giving the yellow metal a weekly loss. Gold prices...

Video: Gold Trading for Beginners - How to Build Your Gold Trading Strategy

Fri, 23 Oct 2020 9:49

In the present video, David Jones from explains the basics of gold trading for beginners. He starts with a short history lesson and then explains what...

Forex Video Zone

Gold Forecast — October 23rd 2020

Fri, 23 Oct 2020 16:19

In this video, the Trader Guy looks at the commodity, gold for the  October 23rd. Gold/USD — Gold pulled back on Thursday session looking for support at $1,900. The next support is located at the 200-day EMA, which comes at the $1,800 level. So, pullbacks are seen as value at the moment. Any positive headline on stimulus in the US will cause gold to rally. A break above the recent highs is reason...

Bitcoin Forecast — October 23rd 2020

Fri, 23 Oct 2020 16:18

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the October 23rd session. Bitcoin/USD — Bitcoin is facing strong bullish pressure at the moment to break above the $13,000 level. Also, the market looks parabolic at the moment. So, wait for pullbacks, and buy at lower levels. The measured objective of this ascending triangle pattern comes at $15,000. With the possibility of a stimulus in the US, and central banks flooding the market with liquidity,...

USD/JPY and AUD/USD Forecast — October 23rd 2020

Fri, 23 Oct 2020 16:14

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the  October 23rd session. USD/JPY — Though the dollar rallied on Thursday session, it struggled at the 105.00 level. You have the 50-day EMA to offer resistance. The measured objective of this descending triangle pattern comes at 102.00. Hence, rallies are to be faded at the moment. AUD/USD — The Aussie rallied a bit on Thursday session. As you can see on the daily...

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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.