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

  • Orzi from Romania writes about Bolmax Management:

    I still cannot get used to it, and I guess I never will. Typical circumstances of bucket shop spread betting. Deposited, traded a bit unsuccessfully, lost about 10% of my deposit. Then traded profitably, when I made up for losses and took my deposit ...

  • Alvaro from Spain writes about Trade Fintech:

    I have been a user of TradeFintech for a little over a Half year now. Over the course of my tenure I have only had to call tradefintech once about a problem I had trading and the issue was resolved quickly with no additional fees.

    Pros:

    -Easy, E...

  • George Valdez from Canada writes about MXTrade:

    I have opened account in MXTrade, because I have read a lot positive reviews about their spreads, leverage, etc. What was suprise for me they have round the clok support so if I trade at night and have questions I can contact. I have traded with one ...

  • Alf from UK writes about FXTM:

    my neighbor told me about this broker. Interesting enough, knowing i can invest and earn profit for a minumum trading amount with this company, so i did! their brokers is teaching me techniques and assistin me whenever i am trading.

    i still get con...

Forex Blog

EUR/USD Backs Off After Strong Move Up

Wed, 18 Jan 2017 22:47

EUR/USD went down today after yesterday's move up. The currency pair rushed especially fast to the downside after Janet Yellen, Federal Reserve Chair, said during today's speech that policy makers should not wait too long before raising interest rates further. (Event C...

Your 2016 Trading Results Poll

Mon, 16 Jan 2017 15:09

I still have one 2016 trade active (NZD/USD short from ascending channel), and there is a pending order carried over from 2016 (USD/CAD ascending channel). Nevertheless, it is now time to calculate my profit for the past year. The remaining position and order will count...

Double Top on CAD/JPY Daily Chart

Sun, 15 Jan 2017 14:36

I am presenting yet another pattern with the Canadian dollar in the main role. The double top on USD/CAD is still a pending one, while the USD/CAD channel is already trading. The double top on CAD/JPY is a bit different in the sense that it is bearish for CAD, not for the other currency....

Forex News

Canadian Dollar Weakens as the BoC Maintains Interest Rates

Canadian Dollar Weakens as the BoC Maintains Interest Rates

Wed, 18 Jan 2017 18:28

The Canadian dollar weakened against major currencies after the Bank of Canada announced that it would be maintaining its benchmark interest rate at 0.5%. The announcement triggered a rally among the loonie's major competitors as the currency lost most of the gains it had made against other currencies this year.

US Dollar Edges Higher as CPI Data Reveals Stronger Inflation

US Dollar Edges Higher as CPI Data Reveals Stronger Inflation

Wed, 18 Jan 2017 18:21

The US dollar had a small recovery on Wednesday from its losses yesterday. The greenback attempted, with limited success, to find upward momentum, a day after President-elect Donald Trump said the US currency is too strong.

Real Falls vs. Dollar, Brazil's Officials Unconcerned

Real Falls vs. Dollar, Brazil's Officials Unconcerned

Wed, 18 Jan 2017 15:26

The Brazilian real fell against the US dollar today, but Brazil's officials were not concerned by the dollar's strength, thinking that there are plenty supportive fundamentals for the Brazilian currency.

Commodity Blog

US Crude Slides Under $52 on Rising Shale Production

Wed, 18 Jan 2017 18:09

Oil prices took a significant hit on Wednesday on reports that suggest there has been an increase in US shale production. US crude slipped to under...

Gold Prices Surge After Donald Trump's 'Too Strong' Remarks

Tue, 17 Jan 2017 18:09

Gold prices are surging on Tuesday after US President-Elect Donald Trump said the dollar is "too strong," sending the greenback lower. The yellow metal...

Gold Rises to Eight-Week High of $1,200

Mon, 16 Jan 2017 18:08

Gold prices have touched above the important $1,200 threshold for the first time in 2017. Due to growing uncertainty regarding US President-Elect Donald Trump,...

Forex Video Zone

Daily Forex News and Analysis — January 18th 2017

Wed, 18 Jan 2017 15:55

US stocks were down after the close on Tuesday as losses in the Financials and Transport sectors led shares lower. The Dow Jones fell by 0.30% and the NASDAQ lost 0.63% from its value. The US dollar traded lower against the other major currencies after Donald Trump commented in an interview with The Wall Street Journal that the the dollar was too strong. Today, the US CPI is expected at 0.3% vs. 0.2% previously...

GBP/USD Tumbles from Yesterday High

Wed, 18 Jan 2017 15:15

The pound sterling has again come under pressure as investors have been particularly concerned about a hard Brexit and uncertain economic fallout. The GBP/USD pair is trading at 1.2297. Importantly, the pound's weakness is also caused by Scotland's jitters. At present, Scotland is worried that it is losing access to the single European market. So, experts do not rule out the scenario of Scotland's exit from the United Kingdom...

Decline in Oil and Gold Prices May be Short-Run

Wed, 18 Jan 2017 14:47

Commodity assets are gradually giving away to the surging US dollar. Gold is coming off its daily highs. Traders are quite cautious. Gold futures for February delivery touched the mark of $1,217.50 and then declined to $1,213.02 a troy ounce. Traders are looking forward to a speech of the Fed Chairperson expecting Janet Yellen to cast some new light on the monetary policy topic, on several rate hikes this...