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

  • Samuel Bonson from Switzerland writes about Admiral Markets:

    I am a part-time trader for many years now. I have had good and bad experiences with different brokers. One thing that I hate is waiting for replies. Admiral Markets is very fast in providing support so I really appreciate that. On top, I consider th...

  • trootler from Odessa writes about FreshForex:

    I trade with them using my own trading system based on the fusion of Ichimoku indicator and some other patterns on more than 20 different instruments at once, as the trading system doesn't give many signals. I can say that platform shows stable wor...

  • jay from philippines writes about AvaTrade:

    hi, im jay, a trader from avatrade with account numbers 21--929 and 21--744, I experienced serious application malfunction or an app crash, I lost money because the application wont allow me to log in with the specific times when my account could be ...

  • Carlos Alberto from Uruguay (current South Africa) writes about AvaTrade:

    A little after I registered to a demo avatrade account I got a call from my account manager, who explained everything to me and cleared some fears and doubts I had. After 2 weeks I upgraded to a real account, and again the same account manager called...

Forex Blog

EUR/USD Extends Move Down Following Positive Revision of US GDP

Fri, 26 May 2017 14:38

EUR/USD was falling today and extended its decline following the upward revision of US gross domestic product. While the currency pair halted the drop for now, it is too early to tell whether that was just a short-pause or a more significant bounce. US GDP rose 1.2% in Q1 2017...

EUR/USD Goes Higher After FOMC Minutes

Wed, 24 May 2017 19:13

Today, the Federal Open Market Committee released minutes of its latest policy meeting. While the notes were relatively upbeat, hinting at a possibility of an interest rate hike in June, EUR/USD moved up, rather than down. It seems markets considered the minutes to be not as hawkish as dollar bulls...

Which Cryptocurrency Pairs Do You Trade in Forex?

Mon, 22 May 2017 14:24

My old poll about the popularity of currency pairs had rather predictable results — EUR/USD, GBP/USD, the JPY pairs are the leaders. But how about the cryptocurrency trading? Can it be considered a part of the more traditional Forex scene? Given the fact that many FX brokers now support trading ...

Forex News

British Pound Weakens Against US Dollar amid UK Politics and Strong US Data

British Pound Weakens Against US Dollar amid UK Politics and Strong US Data

Fri, 26 May 2017 15:43

The British pound today came under increased selling pressure after the release of positive US GDP data by the Bureau of Economic Analysis as well as personal consumption data. The British pound was under intense selling pressure today as UK politics take center stage given that the Conservative Party has lost significant ground against the Labor Party.

CAD Gains on USD, Other Majors as Oil Prices Stabilize

CAD Gains on USD, Other Majors as Oil Prices Stabilize

Fri, 26 May 2017 15:32

The Canadian dollar rallied against its major peers (including the US dollar, which itself was strong) during the current trading session after prices for crude oil stabilized following the initial sell-off. With that said, the loonie failed to beat the very firm Japanese yen.

Malaysian Ringgit Gains Following Oil Production Cuts Extension

Malaysian Ringgit Gains Following Oil Production Cuts Extension

Fri, 26 May 2017 10:19

The Malaysian ringgit logged gains today following the announcement of an oil production cuts extension from the members of the Organization of Petroleum Exporting Countries and some non-OPEC producers, including Russia.

Commodity Blog

Bitcoin Loses More Than $300 on Strong Volatility, Remains Above $2,000

Fri, 26 May 2017 18:08

The price of Bitcoin had a volatile day on Friday, a single day after the digital currency reached a new...

Political Uncertainty, Weaker US Dollar Help Gold Record Third Weekly Gain

Fri, 26 May 2017 17:14

Gold futures are ending the final trading session of the week higher. Thanks to political uncertainty and a weaker US...

Crude Oil Prices Stabilize After OPEC Disappointment

Fri, 26 May 2017 16:04

Crude oil prices stabilized today following yesterday's huge sell-off. The selling was triggered by the announcement from the Organization of Petroleum Exporting Countries...

Forex Video Zone

USD/JPY and AUD/USD Forecast — May 26th 2017

Fri, 26 May 2017 15:04

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the May 26th session. USD/JPY — As you can see, we rallied a bit during the day with 112.00 offering resistance. If we can break above 112.50, then the market can go higher. Ultimately, I think if we can break down below the 110.00 level, then we fill the gap and go to 109.00. This is...

EUR/USD and GBP/USD Forecast — May 26th 2017

Fri, 26 May 2017 15:03

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the May 26th session. EUR/USD — As you can see, we initially tried to rally during the day on Thursday, but pulled back to form a less than impressive candle. However, even though there is a little bit of a shooting star candlestick being formed, I think we are clearly just consolidating. So, I expect the buyers to return....

USD Struggles to Gain Ground

Fri, 26 May 2017 14:46

The US dollar showed a slight upward trend. Traders are on edge amid the release of the US statistics and the results of the G7 meeting. The US dollar index decreased once again after the FOMC revealed their plans to keep the funds rate unchanged at the June meeting. In addition, uncertainty over the Donald Trump's policy puts pressure on the American currency. Today, the US dollar index is close to 97.10. Today,...