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

  • Dragisa Vasiljevic from Serbia writes about SuperForex:

    Hi.

    Till now I was surprised with SuperForex customer policy but bellow I will explain why I don't trust them anymore.

    First, Yesterday (May, 17.2018) they changed a minimum lot size from 0.01 Lot to 0.50 Lots for Micro accounts. It was done wi...

  • Anrew Tchvertkin from Italy writes about Trade Fintech:

    My experience so far has been good. Earlier before I started joining, I contacted the company to ask for bonus on deposits and they approved it. I had a problem when downloading my MT4 but support responded and helped. No slippage at the moment.

  • Alpari from Alpari writes about Alpari:

    Hello, Sandeep! Please be informed that we cannot influence to the charts. Charts show the prices which are provided by our liquidity providers and all the quotes you can check in your myAlpari account in the ticks history. Specify please your myAlpa...

  • Enver Malots from United Kingdom writes about Trade Fintech:

    I traded with Tradefintech and had good trading experience with this broker. I think that they are more likely reliable than others.

Forex Blog

Forex Brokers Update — May 20th, 2018

Sun, 20 May 2018 14:57

Another week has passed without new brokers being added to our website. The list of updates to the existing companies is quite short: eToro added new cryptocurrency pairs for trading: BCH/USD, XLM/USD, NEO/USD, and EOS/USD. AMarkets has been marked as registered by the FSA of St. Vincent and the Grenadines. It is also...

Weekly Forex Technical Analysis (May 21 — May 25)

Sat, 19 May 2018 9:52

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1435 1.1593 1.1682 1.1839 1.1928 1.2085 1.2174

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1575 1.1647 1.1822 1.1894
...

New Position Size Calculator: SL and TP Which Follow Entry Line and Are Set in Pips

Fri, 18 May 2018 19:12

The newest version (2.14) the Position Size Calculator indicator, which is released today, introduces a new way to set stop-loss and take-profit for your potential trade setups. You can set the new input parameters UseFixedSLDistance and UseFixedTPDistance to true to turn this new mode on:...

Forex News

British Pound Hits New Lows on Lackluster UK Inflation Data

British Pound Hits New Lows on Lackluster UK Inflation Data

Wed, 23 May 2018 16:19

The British pound was on a downtrend against the US dollar from the start of today's session largely boosted by a risk-off sentiment in the markets. The downtrend was further accelerated by the release of the UK Consumer Price Index data for April, which missed expectations, dragging the pound much lower.

Euro Drops to New YTD Lows on Disappointing Eurozone PMIs

Euro Drops to New YTD Lows on Disappointing Eurozone PMIs

Wed, 23 May 2018 11:15

The euro today hit new 2018 lows against the US dollar following the release of disappointing advance PMI data from across the Eurozone. Some of the PMIs released by IHS Markit included the Markit/BME Germany Manufacturing PMI, which missed expectations by a significant margin.

Turkish Lira Crashes to Record Low

Turkish Lira Crashes to Record Low

Wed, 23 May 2018 11:04

The Turkish lira crashed today, sinking 5% to the record low before recovering a bit. The currency still trades far below the opening level.

Commodity Blog

Bitcoin Plummets to $7,500 and Drags Alt Coins With It

Wed, 23 May 2018 20:12

Bitcoin (BTC) prices slumped 8% on Wednesday, dragging the whole cryptocurrency market down with it, losing 8% of its total market cap....

Copper Plunges 2% As Trump Voices Displeasure Over China Trade Talks

Wed, 23 May 2018 17:01

Copper futures pulled back from their one-month high by tumbling as much as 2%. The industrial metal’s slide came after President Donald Trump curbed...

Oil Drops on Increased Crude Supplies

Wed, 23 May 2018 16:35

An unexpected jump in US crude oil supplies has led to a dip in oil prices on Wednesday, although continued supply concerns dominate the market. Analysts...

Forex Video Zone

Oil Prices Fall Despite Geopolitical Risks

Wed, 23 May 2018 16:48

Today, oil prices retreated from the 4-year high ahead of publication of the EIA report. The Light Sweet Crude Oil depreciated by almost 1% pulling away from the level of $72.60 per barrel. Experts say that oil prices are falling as investors are waiting for publication of the official data on the Crude Oil inventories from the United States. The preliminary report of the American Petroleum Institute showed that the stockpiles of Crude...

Euro Has No Chances to Recover Losses

Wed, 23 May 2018 15:59

Today, the euro is extending its losses on the back of weak macroeconomic statistics from the currency bloc. The flash reading of the Purchasing Managers' activity index showed that the European economy lost some of its momentum in May. The Composite PMI decreased from 55.1 points to 54.1. It was the lowest reading for the past 1.5 years. The Services PMI also fell from 54.7 to 53.9 points. Furthermore, the manufacturing activity eased to 55.5...

Bitcoin Forecast — May 23rd 2018

Wed, 23 May 2018 13:27

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the May 23rd session. Bitcoin/USD — As you can see, we have more negativity, and I have been saying for a couple of days that we are likely to test 8,000. It looks like that is becoming more likely by the moment. The question is do we break down below 7,900 and if we do, I think at that point...