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

  • Dai Duong from Ho Chi Minh writes about LMFX:

    I started trading with LMFX from end of 2016, I did try demo for 1-2 months before trading live. I noticed this broker through a promotion on my forex forums with Phone bonus that was very easy to acquire. Starting from Feb this year, I decided to de...

  • Teodor from Portugal writes about Trade12:

    I also would like to share my opinion of Trade12.

    One guy suggested this broker to me when i as looking for an ecn broker provider. At first i was unsure if i will open an account because there were bad reviews. I was really interested so i email...

  • Nasrin Sultana from Bangladesh writes about Fort Financial Services:

    Fort financial services is an excellent forex broker who is offering a usd 5 no deposit bonus. You can register and get the bonus after your account is verified. Verification is also easy and fast. Then you can withdraw maximum of usd 50 after tradin...

  • Gary from London writes about PaxForex:

    Dear Spasoje Kulasevic,

    We are sorry to hear about your lost.

    We appreciate all fair and trustworthy feedbacks about our trading services.

    We have checked your account history of July 5th,2017 and found Gold Sell positions which were held for ...

Forex Blog

EUR/USD Rallies Despite Political Turmoil in Spain

Thu, 19 Oct 2017 21:15

EUR/USD rallied today, demonstrating strength that was surprising considering that political turmoil in Spain persisted. Meanwhile, two of the three important economic reports released in the United States today were good, while the leading indicators demonstrated a surprising drop, being the only negative release. Initial jobless claims fell...

EUR/USD Bounces from Daily Low, Logs Small Gain

Wed, 18 Oct 2017 21:51

EUR/USD was falling during the first half of the Wednesday's trading session, but reversed its movement later and settled with a gain, albeit a small one. The worse-than-expected housing data released in the United States during the session probably contributed to the bounce of the currency pair. Housing starts were at the seasonally adjusted annual...

EUR/USD Dips on Prospects for Hawkish Fed Chair

Tue, 17 Oct 2017 20:15

EUR/USD dipped today amid speculations that a new Federal Reserve chief may be a hawk. Market participants consider a December interest rate hike almost a guarantee and think that another rate increase is possible in the first half of 2018. All that is bullish for the dollar, and the set of decent economic...

Forex News

British Pound Rallies Higher Against US Dollar on PM May Speech

British Pound Rallies Higher Against US Dollar on PM May Speech

Fri, 20 Oct 2017 14:55

The British pound today rallied higher against the US dollar after a speech by British Prime Minister, Theresa May, where she called for collaboration between the EU and the UK on Brexit negotiations. PM May made her comments at an informal meeting with leaders of the European Council even as she remarked that the current Brexit talks had been challenging.

South Africa Crashes on Ramaphosa Speculation

South Africa Crashes on Ramaphosa Speculation

Fri, 20 Oct 2017 13:43

While the political turmoil in Spain took the spotlight in the news, other countries around the world were not immune to their share of problems in politics. South Africa was one of such countries, and that sent the South African Rand crashing down against the US dollar.

Canadian Dollar Falls Sharply After Disappointing Macroeconomic Reports

Canadian Dollar Falls Sharply After Disappointing Macroeconomic Reports

Fri, 20 Oct 2017 13:01

The Canadian dollar fell sharply today after the release of macroeconomic reports, which turned out to be worse than analysts had anticipated. The drop of crude oil prices were also unfavorable to the currency.

Commodity Blog

Gold Poised for Worst Weekly Performance in October

Fri, 20 Oct 2017 15:19

Gold futures are tumbling at the end of the trading week as the yellow metal is poised for its worst weekly performance this month. Gold prices are...

Wheat Futures Rebound from Six-Day Low

Thu, 19 Oct 2017 16:43

Wheat prices are edging higher on Thursday, rebounding from six-day lows. Any gains in wheat prices were capped by surging supplies, particularly in the Black...

Metal Prices Remain Depressed Due to Strong Dollar

Wed, 18 Oct 2017 18:23

Prices for precious metals remained depressed today as the US dollar continued to receive support from monetary tightening expectations. Unlike yesterday, spot prices...

Forex Video Zone

USD Storms Higher in Asian Trade

Fri, 20 Oct 2017 14:46

Despite softness of the US dollar in the North American trade, the greenback opened the Asian trade with a steady advance across the board. The USD/JPY pair is on track to a 2-week high, trading at around 113.30. Meanwhile, the market is absorbing a speech of Bank of Japan Governor Haruhiko Kuroda. He confirmed that the regulator adheres to the principle of the ultra easy monetary policy. In his remarks, the policymaker noted a persistently low pace of consumer inflation in Japan....

Oil Traders Fix Profits

Fri, 20 Oct 2017 14:08

Oil traders fix their profits today, so oil futures are trading lower. The Brent Crude Benchmark is hovering near the level of $56.82 per barrel. Geopolitical factors that have recently boosted a rise in Brent prices also produce little effect. Restoration work is carried out in oil fields in the Iraqi region of Kirkuk, so oil production in Kurdistan may be resumed. The report of the Energy Information...

Traders Remain Active During European Session

Fri, 20 Oct 2017 13:23

Despite the lack of important macroeconomic events in the European session, traders remain active. First of all, market participants pay attention to the EUR/USD pair, which moved down from the previous high of 1.1850. Meanwhile, Germany released data on producer prices. The corresponding index increased by 0.3% to 105.2 in September. Geopolitical factors still influence the market, however, investors no longer attach special importance to them. In particular, traders are less concerned...