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

  • Ebrahem from Egypt writes about Grand Capital:

    They don't pay , my withdrawal request is pending for along time , and support doesn't answer my emails

  • Patrick from South Africa writes about AMarkets:

    Upon my registration with Amarkets I received $30 bonus of which I managed to build to $450 in few days. I even withdrew $350 with no hassle through their visa/master card method.I just want to thank Amarkets for their great services,may they keep...

  • Sebastian from France writes about Orbex:

    I have to thank Orbex for the excellent experience from the last year. They provide good conditions and quickly process withdrawals. In addition, their spreads and licenses are additional reasons that make me calm down with them.

  • Kumara from India writes about FreshForex:

    An awesome broker to trade with. Utilizing their bonus offer means more profitability to our accounts since the bonus itself can hold our drawdown. You can also trade other instruments like cryptocurrency there or even deposit with cryptocurrency...

Forex Blog

Forex Brokers Update — November 18th, 2018

Sun, 18 Nov 2018 14:09

Another week has passed without new brokers. We have updated the following listings during the week: The descriptions of ICM Capital, IronFX, and iFOREX (Vestle) have been updated to reflect the maximum leverage allowed for regulated brokers by the ESMA — 1:30. JCMFX raised the maximum Forex leverage...

Forex Brokers Unprofitability (ESMA Rules) — November 2018

Sat, 17 Nov 2018 18:17

Quite a lot of time has passed since our last review of Forex brokers customers' profitability report — it had been published with the poll about the possibility of the ESMA CFD/Forex rules renewal. Since then, the rules have been renewed to last at least through February 1, 2019....

Weekly Forex Technical Analysis (Nov 19 — Nov 23)

Sat, 17 Nov 2018 9:49

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1075 1.1145 1.1280 1.1350 1.1484 1.1554 1.1689

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1161 1.1312 1.1366 1.1516
...

Forex News

US Dollar Dips on Wall Street Bears, Economic Data

US Dollar Dips on Wall Street Bears, Economic Data

Mon, 19 Nov 2018 18:52

The US dollar is declining to kick off the trading week as Wall Street bears and disappointing economic data sent the currency lower. Despite the greenback enduring its biggest decline in two weeks, the dollar is still performing quite well as the year comes to an end.

NZ Dollar Drops Despite Better-Than-Expected PPI

NZ Dollar Drops Despite Better-Than-Expected PPI

Mon, 19 Nov 2018 15:44

The New Zealand dollar dropped today even though domestic macroeconomic data released overnight beat expectations.

Canadian Dollar Rises on Oil Prices, Manufacturing Data

Canadian Dollar Rises on Oil Prices, Manufacturing Data

Fri, 16 Nov 2018 17:36

The Canadian dollar is posting modest gains at the end of the trading week, buoyed by higher energy prices and positive manufacturing data. Amid cratering crude prices, the loonie has struggled to find direction, mainly because traders are waiting to see what the Organization for Petroleum Exporting Countries (OPEC) will do relating to output.

Commodity Blog

Gold Sideways As Dollar Declines, Equities Plunge

Mon, 19 Nov 2018 17:50

Gold futures are struggling to find direction to kick off the trading week as the greenback tumbled and the equities market plunged. The yellow metal, which notched a modest...

Commodities Technical Analysis, November 19th — November 23rd

Sun, 18 Nov 2018 10:09

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of November 18th,...

BitMEX CEO Correctly Predicts $5,000 in Bitcoin Price: Is His $2,000 Forecast Next?

Sat, 17 Nov 2018 11:50

The price of Bitcoin (BTC) has set a new low for 2018 and is now creeping closer to BitMEX CEO...

Forex Video Zone

Early North American Trade — November 19th 2018: EUR/USD and Bitcoin

Mon, 19 Nov 2018 15:58

The EUR/USD pair is trading at 1.1420. The euro is showing signs of strength, as the trading week has started. The escalating trade tensions between the US and China is having a significant impact on the greenback. There is a monetary policy meeting scheduled by the Fed this week. Also, the investors are looking forward to hear about the outcome of the G20 summit. The US dollar index is trading at 96.40. The cryptocurrency market...

What You Need to Know Before Trading Forex

Mon, 19 Nov 2018 13:28

The forex is a huge market in terms of volume, nearly 4 trillion dollars traded everyday. So, as a forex trader, you can make huge income if you learn this game properly before you begin trading your live account. Currencies are quoted as pairs. For example, the EUR/USD pair, the euro is the base currency. The US dollar is the quote currency. You can trade forex online...

Daily Market Roundup — November 19th 2018

Mon, 19 Nov 2018 13:08

The trading week has opened with the greenback showing signs of strength. The opponents of the greenback are experiencing a pull back. The EUR/USD pair is looking bullish. Support exists below at 1.1393. The resistance levels are 1.1445, 1.1547, and 1.1572. The support levels are 1.1393, 1.1368, and 1.1354. The USD/JPY pair is looking bearish at the moment. The resistance levels are 113.05, 113.66, and 114.18. The support levels are 112.57, 112.19, and 111.43. The GBP/USD...