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. 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.

Getting into Forex trading is easy:

1. Start with our free Forex course.
2. Open an account with a broker.
3. Learn from other traders at the forum.

Latest in Forex

  • Marko from Romania writes about IFC Markets:

    Good and reliable company. First of all, I advise to trade with IFC Markets to stock traders. There are many companies introduced. There is also a very interesting thing – PCI method that allows you to increase or decrease volatility by creating your...

  • Mohammad Al Jasser from Saudi Arabia writes about One Global Market:

    no issue in withdrawal/deposit of my money with OGM.

    It makes me feel secure as I myself is an experienced pamm investor and I always prioritize on a broker reputation and service/support before investing.

  • John Kimmel from United Kingdom writes about One Global Market:

    Honestly this has to be the best broker I have worked with. Never had a problem with the platform or the broker in general. Their support team is always available and so supportive. What makes them the best to me is that they are 100% genuine and my ...

  • Andriy Boiko from Bulgaria writes about Coinexx:

    Signed up with coinexx few months back for the sake of testing a new broker. but after trading with them, decided to keep them as well as one of my brokers. Fast forward 4 months, the broker has been consistently delivering on good conditions sply sp...

Forex Blog

EUR/USD Crashes as German Economy Slows, Brexit Vote Starts

Tue, 15 Jan 2019 19:31

EUR/USD crashed today. There were a couple of likely causes of the crash: slowing growth of the German economy and the Brexit vote in the British parliament. The currency pair tumbled even as US macroeconomic data was disappointing. Talking about US data, there will be fewer releases than usual in the near future due...

Weekly Forex Technical Analysis (Jan 14 — Jan 18)

Sun, 13 Jan 2019 12:41


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1207 1.1301 1.1382 1.1476 1.1557 1.1650 1.1731

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1298 1.1375 1.1473 1.1550

Forex Brokers Update — January 13th, 2019

Sun, 13 Jan 2019 12:01

One new broker became listed on this week: One Global Market — an FCA-regulated direct market access broker with low variable spreads. They offer accounts with as little as $100 and somehow provide 1:100 leverage. Updates to the existing brokers included: ...

Forex News

Pound Jumps After May Suffers Resounding Defeat in Brexit Vote

Pound Jumps After May Suffers Resounding Defeat in Brexit Vote

Tue, 15 Jan 2019 21:05

As was expected UK Prime Minister Theresa May suffered a defeat in the crucial Brexit vote. Yet apparently, traders used "sell the rumor, buy the fact" approach for the Great Britain pound as the currency jumped on the news.

Euro Declines on 5-Year Low German GDP Data and Dovish Draghi

Euro Declines on 5-Year Low German GDP Data and Dovish Draghi

Tue, 15 Jan 2019 17:18

The euro today dropped significantly against the US dollar from the early European session after attempting to rally higher during the Asian session. The single currency's decline was initially triggered by the US dollar's rebound before the weak German GDP data caused it to crash to new weekly lows.

US Dollar Weakens As Wholesale Inflation Falls

US Dollar Weakens As Wholesale Inflation Falls

Tue, 15 Jan 2019 17:10

The US dollar is trading lower against its major currency rivals on Tuesday after new US government data found that wholesale inflation declined at the end of 2018, recording its biggest drop in five months.

Commodity Blog

Copper Pares Early Gains on 'Little Progress' in US-China Trade Talks

Tue, 15 Jan 2019 16:11

Copper futures are paring their early gains on Tuesday after it was reported that negotiators saw "little progress" in US-China trade...

Crude Oil Prices Down More than 1% on China's Data

Mon, 14 Jan 2019 20:13

Prices for crude oil dropped more than 1% today after disappointing trade data released in China. While the Chinese trade balance surplus...

Gold Edges Up on Weaker Dollar, Capped by Chinese Data

Mon, 14 Jan 2019 17:25

Gold prices edged up to kick off the trading week, buoyed by a tumbling US dollar. But the gains, which...

Forex Video Zone

Traders vs. Investors: Trading and Investing Explained/Compared in One Minute

Tue, 15 Jan 2019 16:40

Are you a trader? Or are you an investor? The answer is how frequently you enter into trades. You may be a scalper, day trader, or a swing trader. But if you buy and hold for few weeks or few months, then you can consider yourself an investor. A trader has to rely on a trading strategy which may be as simple as using a combination of ...

Bitcoin Forecast — January 15th 2019

Tue, 15 Jan 2019 16:37

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the January 15th session. Bitcoin/USD — Monday session saw the markets do very little. Recently the market had this break down as you can see, and the market experienced high volume which indicates strong bearishness. The selling pressure is contributed by the 20-day EMA, 50-day EMA, and the resistance at 4,000 level. So, it is a good idea to short...

Losing in Forex Trading

Tue, 15 Jan 2019 16:35

Trading is not about getting things right 100% every time, you enter into a trade. Losses are inevitable. You must accept losses and cut them before they grow bigger. You might have found a high probable low risk trading setup. You may be using chart patterns. You may be using candlestick analysis. You may be following...