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

  • PSolven from south australia writes about Turnkey Forex:

    Transparent broker - They are very transparent and thoroughly professional. Always trying to provide the best trading environment without spread markups or any other manipulations. Without doubt, their support staff is very friendly and resolutive...

  • Florijan from Macedonia writes about CM Trading:

    I have been using CMTrading for three months now, and for a trader that is new to Forex, CMTrading is where I felt most comfortable.

    Their daily tips provide free info and also they provide free signals which are vital for young traders like myse...

  • Danu from Indonesia writes about ForexMart:

    Do not immediately register without reading read the terms and conditions. those who say this broker is scam are people who do not have money and just want bonus and when it started not read the terms and conditions first. if you are to lazy to read,...

  • Mikolaj from Poland writes about SuperForex:

    I trade with this broker 9 months because of their low spreads, fast execution and other good trading conditions. I have not tried any other one before to compare or judge Superforex well, but I would like to tell that they deserve my respect, I have...

Forex Blog

Dollar Gains on Euro After Trump's Speech, Retreats Later

Wed, 1 Mar 2017 17:02

The dollar gained on the euro on Wednesday after the speech of US President Donald Trump that he delivered to the Congress overnight. Yet the greenback backed off later, losing almost all of its gains by now. US economic data was unable to provide support to the greenback as today's indicators were rather mixed....

Amazing US Macroeconomic Data Doesn't Prevent Rally of EUR/USD

Tue, 28 Feb 2017 15:38

EUR/USD rallied today despite a set of amazing macroeconomic indicators (with the exception of gross domestic product) that was released from the United States during the trading session. In fact, the currency pair surged after the surprise increases of the Richmond manufacturing index and the Conference Board consumer confidence. Market analysts explained the dollar's...

Sold to Another Broker?

Mon, 27 Feb 2017 18:49

So many customer base transfers happened in the USA during the last few years — either through the normal merger & acquisition process or due to the exit sale. There should be quite a lot of Forex traders who have felt on their own account what is it like to be transferred...

Forex News

USD/CAD Rallies on Positive US ISM Manufacturing Data and BoC Announcement

USD/CAD Rallies on Positive US ISM Manufacturing Data and BoC Announcement

Wed, 1 Mar 2017 17:21

The USD/CAD currency pair rallied higher today after the Bank of Canada today announced that it would be maintaining interest rates at the same level. The currency pair's rally was also largely triggered by the greenback's solid performance after the release of the US ISM Manufacturing PMI data, which beat expectations.

US Dollar Jumps Against All Major Peers Following Trump Address to Congress

US Dollar Jumps Against All Major Peers Following Trump Address to Congress

Wed, 1 Mar 2017 15:04

The US dollar surged against a basket of its major peers on Wednesday, after Donald Trump spoke in Congress earlier today about a number of anticipated issues, including US tax reform, foreign trade, and deregulation.

Economic Data from Australia & China Helps Aussie

Economic Data from Australia & China Helps Aussie

Wed, 1 Mar 2017 13:24

The Australian dollar rallied against other currencies during the current trading session with the help of good macroeconomic reports from Australia and its biggest trading partner, China. The exception was the US dollar, against which the Aussie rallied initially but retreated to trade close to the opening level later.

Commodity Blog

Copper Prices Surge on China Economic Data, Fed Rate Hike

Wed, 1 Mar 2017 18:01

Copper futures hit a one-week high after new economic data from China and movement at the US central bank fueled the industrial metal's rise....

Gold & Silver Retreat Ahead of Trump Speech

Wed, 1 Mar 2017 0:06

Gold and silver fell on Tuesday as traders were waiting for the speech of US President Donald Trump to the Congress. Additionally, the dollar bounced after the initial decline, putting...

Oil Prices Slip on Higher US Output Offsetting OPEC Cuts

Tue, 28 Feb 2017 17:37

Oil prices are sliding on Tuesday as higher US crude output is offsetting the cuts made by Organization of Petroleum Exporting Countries (OPEC) members....

Forex Video Zone

USD Sharply Up

Wed, 1 Mar 2017 17:50

The early Asian trade was rather eventful in terms of economic and political news. On the economic front, the market was absorbing upbeat data from Australia and China. The latest catalyst to push the US dollar higher was Donald Trump's keynote address to Congress. According to the official data, the Australia's GDP rose by 1.1% on a quarterly basis in the final quarter of 2016. The economy contracted by 0.5% in the third quarter GDP expanded at a 2.4% annual pace. Besides,...

EUR/USD Has Broken Below a Rising Trend Line — Forecast — March 1st 2017

Wed, 1 Mar 2017 14:14

In this video, the Trading Central looks at the currency pair EUR/USD for the March 1st session. EUR/USD — Looking at the intraday 30-min chart, the pair has broken below the rising trendline, which was in place since last Monday. We pulled back below the 50-period Moving Average, which is turning down. Further weakness is expected below the strong horizontal resistance at 1.0590. The first target is set at 1.0540. Then...

British Pound Can’t Shrug Off Pressure

Wed, 1 Mar 2017 14:07

The US dollar has taken solid lead against its major opponents and continues rising. This time, the GBP/USD pair has caught the attention of the traders. It is coming closer to the lowest level in one and half months, trading at 1.2324. Today's macroeconomic statistics from the United Kingdom put the British currency under pressure. Thus, the Purchasing Managers' Index in the manufacturing sector decreased to 54.6 points in February from 55.7 points...