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

  • John writes about Forex Optimum:

    The broker's not bad, of course the conditions aren't the best, but I can't call them bad either. Withdrawal is always problem free with this broker. I usually withdraw atleast 200 dollars every 20-30 days. Forex optimum isn't a fraud, tested it on m...

  • from United States writes about FinPro Trading:

    It is such a pain to find brokers who accept US clients. Found them in a list on a forum and its been a smooth journey ever since. Like their spreads, commission and the instruments they offer to trade. No issues with withdrawals and I’m guessing dep...

  • Bradley from UK writes about LQDFX:

    Never had any difficulties with this broker, support is fast, issues are dealt quickly, overall good service.

    From trading point of view - the platform's performance is not bad at all, spreads are really tight and execution is fast, which appears as...

  • ProFX from France writes about AMarkets:

    Just have to share, since I was very pleasantly surprised with this broker. I'm trading on Forex for more than 5 years and have had many brokers. Initially I was picking brokers who are registered, thinking it would help in case something happens. As...

Forex Blog

EUR/USD Loses Gains, Driven Down by US Data

Tue, 25 Jul 2017 19:11

EUR/USD rose today as the two-day meeting of the Federal Reserve started. The currency pair lost its gains, though, as basically all of today's reports in the United State were good. S&P/Case-Shiller home price index rose 5.7% in May, year-over-year. Analysts expected the same 5.8% rate of growth...

Spread Display and Take-Profit Multiplier in Position Size Calculator

Mon, 24 Jul 2017 18:04

It is time to roll out a new version of the Position Size Calculator indicator. Although the new release does not implement any breakthrough changes it introduces some useful features and fixes one annoying bug. Take-profit button multiplier (set via input parameter) can be...

EUR/USD Slips, Remains Near Highest Since August 2015

Mon, 24 Jul 2017 15:56

EUR/USD slipped today, though remained near the highest level since August 2015 as the dollar continued to feel the pressure of adverse fundamentals. Among them were the inability of US President Donald Trump to push with his reforms and the investigation into alleged ties of Trump's election campaign to Russia. As for today's economic reports...

Forex News

British Pound Rallies Against US Dollar on Positive GDP Data

British Pound Rallies Against US Dollar on Positive GDP Data

Wed, 26 Jul 2017 15:05

The British pound today rallied higher against the US dollar after the release of preliminary UK GDP data for the second quarter, which met expectations. The British pound initially dropped after the GDP announcement before gaining traction and rallying higher against the US dollar after British finance minister Philip Hammond's comments on Brexit.

NZ Dollar Rallies with Help from Widening Trade Surplus

NZ Dollar Rallies with Help from Widening Trade Surplus

Wed, 26 Jul 2017 13:45

The New Zealand dollar rallied today, boosted by a better-than-expected trade balance. Dovish comments of a central bank official had limited impact on the currency.

Australian Dollar Weakens on Inflation, Comments from RBA Chief

Australian Dollar Weakens on Inflation, Comments from RBA Chief

Wed, 26 Jul 2017 13:16

The Australian dollar fell today as inflation missed forecasts and the central bank's chief made dovish comments. While the currency has rebounded from the day's lows as of now, currently it is still trading below the opening level.

Commodity Blog

Copper Spikes 3% on Technical Momentum, Strong Chinese Economic Data

Tue, 25 Jul 2017 16:34

Copper futures are surging more than 3% on Tuesday thanks to technical momentum and strong Chinese economic data. With traders worrying about supply-side...

Bitcoin Price Returns Below $2,600 on Renewed Fork Fears

Tue, 25 Jul 2017 15:43

The price of Bitcoin crashed on Tuesday to return below $2,600, after trading around $2,800 over the past few days. The price crash appears to stem from...

Tether and Bitcoin Blasting Off, Daily Volume Increasing, USDT Technical Analysis and Weekly Recap

Tue, 25 Jul 2017 9:46

It has been a rather dynamic week for both bitcoin, and tether respectively. The prior weekend saw strong volume across all USDT pairs on ...

Forex Video Zone

How Does Forex Work?

Wed, 26 Jul 2017 15:47

If you ever travel to a foreign country, you may have needed to exchange your money. If so, you have already participated in forex trading. Forex is the short form of foreign exchange. Well, forex is a bit more than that. For example, companies buy goods from other countries. In order to buy them, they need to obtain the local currency first, just like us, when going...

AUD/USD Has Broken Below a Rising Trend Line — Forecast — July 26th 2017

Wed, 26 Jul 2017 15:12

In this video, the Trading Central looks at the currency pair AUD/USD for the July 26th session. AUD/USD — Looking at the 30-min chart, the pair has indeed the pair has broken below the rising trendline, in place since last Friday. It extends below the 50-period Moving Average, on the chart, in blue. Further weakness is also expected below the horizontal resistance at 0.7940. The first target is set at last Friday bottom at 0.7875 and 0.7840...

Will Pound Sterling Gain Ground?

Wed, 26 Jul 2017 14:56

The GDP growth rate in the United Kingdom came in line with the expectations of the analysts which encouraged traders to shift their attention to the pound sterling. Reportedly, the British economy expanded by 0.3%. The rise was triggered by robust activity in the services sector, particularly, in the motion picture industry. The members of the Bank of England's Monetary Policy Committee expected the economy to advance by 0.4%, however, markets priced in a slower pace of growth and were right about it. The GBP/USD...