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

  • Stven from South Africa writes about CM Trading:

    Trading was never an easy task for me as I was struggling to keep up. Well rounded knowledge in CMTrading's e-books helped me to cope with the material and learn a lot!

  • 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...

Forex Blog

EUR/USD Backs Off from Multi-Year High

Thu, 27 Jul 2017 14:05

EUR/USD retreated today following yesterday's rally but not before reaching the highest level since January 2015. Now, traders wait for US gross domestic product due to release tomorrow. The big increase of durable goods orders reported today gave hope to dollar bulls that GDP may be...

EUR/USD Jumps to Highest Since 2015 After FOMC

Wed, 26 Jul 2017 19:49

EUR/USD rallied today, jumping to the highest level since January 2015, after the Federal Open Market Committee concluded its two-day meeting. The Committee did not deliver any big surprise, and market participants felt that the policy statement was not hawkish enough for the dollar to reverse its bearish...

EUR/USD Loses Gains, Driven Down by US Data

Tue, 25 Jul 2017 19:11

EUR/USD rose today as the two-day meeting of the Federal Reserve started. The currency pair lost its gains, though, as basically all of today's reports in the United State were good. S&P/Case-Shiller home price index rose 5.7% in May, year-over-year. Analysts expected the same 5.8% rate of growth...

Forex News

Turkish Lira Stable After Central Banks Maintains Tight Policy

Turkish Lira Stable After Central Banks Maintains Tight Policy

Thu, 27 Jul 2017 16:15

The Turkish lira was stable against the US dollar after Turkey's central bank decided at today's meeting to keep interest rates unchanged.

US Dollar Rallies Against Peers on Positive Durable Goods Orders

US Dollar Rallies Against Peers on Positive Durable Goods Orders

Thu, 27 Jul 2017 15:36

The US dollar today rallied against its main peers such as the euro and the Japanese yen after the release of positive US durable goods orders by the Census Bureau.

Australian Dollar Struggles to Keep Gains, Data Weighs

Australian Dollar Struggles to Keep Gains, Data Weighs

Thu, 27 Jul 2017 10:13

The Australian dollar rallied today, following yesterday's policy statement from the Federal Reserve. The currency struggled to maintain gains, though, as today's macroeconomic data was unfavorable.

Commodity Blog

Orange Juice Futures Surge on Dwindling US Reserves

Thu, 27 Jul 2017 16:54

Orange juice prices are climbing higher on Thursday as the US government reported a decline in reserves. Many traders are expecting this to give a boost to orange...

Gold & Silver Profit from Dovish FOMC Statement

Wed, 26 Jul 2017 21:53

Gold and silver rallied today following the release of policy statement from the Federal Open Market Committee, which traders considered to be relatively dovish....

US Crude Approaches $49, Hits Two-Month High

Wed, 26 Jul 2017 16:51

Oil futures are surging midweek as new data show US crude stockpiles fell for the fourth consecutive week. Oil prices have been gaining...

Forex Video Zone

Oil Prices Rise but Buy Trades Are Not Recommended

Thu, 27 Jul 2017 15:43

The US oil producers provided investors with some more upbeat data. Yesterday, the Energy Information Administration confirmed that the Crude Oil inventories dropped last week. The stockpiles of Crude Oil fell by 7,208,000 barrels while analysts expected a slower decrease of 5 million barrels. Oil traders turned bullish after the news that the US crude storage facilities are draining. WTI prices rose above the level...

Gold Forecast — July 27th 2017

Thu, 27 Jul 2017 15:18

In this video, the Trader Guy looks at the commodity Gold for the July 27th session. Gold — We have already rolled over into GMT, I am in gold. When I look at this chart, I can see several things on this chart. The 50-day Exponential Moving Average sits just below current trading. I have a clear consolidation area marked on the chart. Today, was interesting as we fell initially and then...

USD/JPY and AUD/USD Forecast — July 27th 2017

Thu, 27 Jul 2017 15:04

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the July 27th session. USD/JPY — As you can see on the daily chart, we dropped a little bit as we rolled over into GMT. But really the story is that the Federal Reserve has continued to basically put up a dovish stance, as they are worried about inflation. So, I think we are going to continue...