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

  • Teodor from Portugal writes about Trade12:

    I also would like to share my opinion of Trade12.

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  • 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,

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    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 ...

  • Will Bobbie from Monaco writes about PaxForex:

    So far my PaxForex trading has been good. I like the low and competitive spreads for the forex pairs and trading some NYSE counters and NASDAQ. The tech analysis emails are also helpful. No adverse experience thus far. Thank you.

Forex Blog

EUR/USD Little Changed as Euro & Dollar Struggle to Find Direction

Mon, 16 Oct 2017 19:41

EUR/USD moved lower today, but the drop was meager as neither the euro nor the dollar showed clear direction during the Monday's trading session. The greenback continued to suffer from the Friday's underwhelming inflation report, while the euro had troubles attracting traders due to uncertainty regarding the outlook for monetary policy of the ...

Mix of Symmetrical and Ascending Triangle on Daily Chart of GBP/NZD

Sun, 15 Oct 2017 16:32

After this August's failed symmetrical triangle pattern, GBP/NZD is consolidating in a fusion of ascending and symmetrical triangles. However, now it points towards an uptrend continuation following a bullish breakout from the previous symmetrical triangle. On the image below, the pattern itself is marked using the yellow lines. The cyan line...

Forex Brokers Update — October 15th, 2017

Sun, 15 Oct 2017 8:56

Tickmill now offers cryptocurrency trading via BTC/USD pair. Launched a VIP account type for traders with a minimum of $50,000 capital. FP Markets launched Russian, Chinese, Spanish, and French versions of its website. ThinkMarkets added trading in Bitcoin Cash, Monero, and NEO. IC Markets now provide Autochartist software...

Forex News

Canadian Dollar Moves Lower Even as Crude Oil Rallies

Canadian Dollar Moves Lower Even as Crude Oil Rallies

Mon, 16 Oct 2017 20:13

The Canadian dollar fell a bit today even as prices for crude oil, Canada's major export, rallied during the Monday's session. Market analysts argued that the reason for that is diminishing prospect for an interest rate hike from the Bank of Canada.

Euro Flat in Anticipation of Economic Data & ECB

Euro Flat in Anticipation of Economic Data & ECB

Mon, 16 Oct 2017 13:16

The euro was mostly flat today as markets turned their attention away from politics towards the next week's European Central Bank policy meeting and economic data that may influence the ECB decision.

Pound Stable as Markets Wait for Economic Data

Pound Stable as Markets Wait for Economic Data

Mon, 16 Oct 2017 12:49

The Great Britain pound was stable today amid Brexit uncertainties and anticipation of important economic releases this week. (Update: currently the sterling seems to start a gradual move down.)

Commodity Blog

Crude Oil Rallies amid Tensions in Middle East

Mon, 16 Oct 2017 22:15

Futures for crude oil rallied today as Iraqi government forces moved in the oil-rich region of Kurdistan to drive away Kurdish fighters. While the Iraqi...

New Bitcoin All-Time Highs, the Ethereum Hard Fork, and the Slow March to $6,000

Mon, 16 Oct 2017 21:59

Despite the massive run-up in price, the psychological level of $6,000 was not breached, and the BitStamp all-time high presently sits at $5,846.43. The same can be...

Gold Stays Above $1,300 amid Market Uncertainty over 2018 Rate Hikes

Mon, 16 Oct 2017 16:54

Gold futures are trading above the crucial $1,300 threshold on the first day of the new trading week. Gold prices are in the green as investors are uncertain...

Forex Video Zone

Euro Still Weak

Mon, 16 Oct 2017 14:23

Political instability in Europe is gaining new momentum. This weekend, Austria held the parliamentary election. The result was predictable, but the consequences turned out to be intriguing. Now the conservatives in the new parliament are forced to form a coalition with the far rights who are gaining popularity. Market participants still closely watch the issue of Catalonia's struggle for independence. Today, Spain's ultimatum runs out. Spain was...

Bitcoin Forecast and How to Avoid Price Manipulation

Mon, 16 Oct 2017 13:40

Alessio Rastani in this video shows you two potentially important levels to keep your eye on, which will reveal to you in fact what bitcoin could be doing next. Bitcoin — It was previously said that bitcoin had very likely completing an ABC correction. So, the correction we saw in September is completed in this 100-period simple Moving Average. Also said, the next...

What Is the Elliott Wave Theory?

Mon, 16 Oct 2017 13:25

The Wave Principle was developed by Ralph Nelson Elliott. It is a discovery that social, or crowd, behavior trends and reverses in recognizable patterns. Using stock market data for the Dow Jones Industrial Average as his main research tool, Elliott discovered that the ever changing path of stock market prices reveals a structural design that in turn reflects a basic harmony found in nature. From this discovery, he...