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

  • Cuimín from Spain writes about FreshForex:

    Great broker to start your Forex trading journey, with lots of educational materials that you can use to improve trading skills and gain more profits. Also I recommend you to claim the huge MegaRebate for your trading account. Pleasant experiences wi...

  • dominick writes about Forex Optimum:

    It's a good broker. I've started trading here quite recently but I'm sure it's a reliable broker. The withdrawals are processed by the book. The trading conditions are good. Plus, there are cent and demo accounts, as well as some bonuses for newbies=...

  • Phung Phan from Vietnam writes about ForexMart:

    CAUTION: Paypal is NO LONGER AVAILABLE on ForexMart.

  • Sergio Vasques from Spain writes about Land-FX:

    While regulation, trade execution & customer support are positives for the Land-fx, i would love if it add some tutorials on its website to educate its clients.

Forex Blog

Forex Brokers Update — March 18th, 2018

Sun, 18 Mar 2018 8:15

Another week has gone without adding new brokers to, but some of the companies' listings have been updated: RoboForex reduced the maximum leverage for crypto trading from 1:10 to 1:5. LiteForex increased the margin call level in its Classic account type from 50% to 100%. The minimum position size...

Weekly Forex Technical Analysis (Mar 19 — Mar 23)

Sat, 17 Mar 2018 9:49


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.2076 1.2168 1.2228 1.2320 1.2381 1.2473 1.2533

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.2160 1.2213 1.2313 1.2365

EUR/USD Declines for Third Day as Markets Prepare for Fed Hike

Fri, 16 Mar 2018 15:58

EUR/USD fell for the third day in a row despite turmoil in the US government. The dollar got some support from today's macroeconomic reports, which were good for the most part, with the exception of the housing data. But the most important reason for the greenback's rally was anticipation of an interest rate hike from the ...

Forex News

GBP/USD Rallies Higher on Positive UK Labour Market Report

GBP/USD Rallies Higher on Positive UK Labour Market Report

Wed, 21 Mar 2018 16:39

The GBP/USD currency pair today rallied to new highs following the release of the UK labour market report for March. The report indicated that wages for workers in the UK had improved greatly, which shifted investor sentiment towards the pound, and triggered the pair's rally.

Positive Economic Data Fails Support New Zealand Dollar

Positive Economic Data Fails Support New Zealand Dollar

Wed, 21 Mar 2018 13:21

The New Zealand dollar fell against other major currencies and, similarly to its Australian counterpart, ignored domestic macroeconomic data, which was extremely good.

Australian Dollar Falls Even as Leading Index Improves

Australian Dollar Falls Even as Leading Index Improves

Wed, 21 Mar 2018 13:04

The Australian dollar erased its intraday gains versus the US dollar and fell against other most-traded currencies today even as Australia's leading indicators were improving.

Commodity Blog

Oil Surges to Seven-Week High on Supply Drop, Geopolitical Worries

Wed, 21 Mar 2018 16:42

Oil prices are trading higher midweek as they have climbed to their best levels since the beginning of February. After...

Crude Oil Jumps on Hopes for Supply-Demand Balance

Tue, 20 Mar 2018 19:31

Futures for crude oil touched the highest level in three weeks today as the special committee, appointed by the OPEC-led group aimed at reducing the global glut,...

FOMC Meeting, Bearish Outlook Send Copper 1% Lower

Tue, 20 Mar 2018 16:48

Copper futures are trading lower on Tuesday ahead of this week’s Federal Reserve policy meeting where a rate hike is...

Forex Video Zone

Cryptocurrencies Edge Higher After G20 Summit

Wed, 21 Mar 2018 12:19

The results of the G20 summit in Buenos Aires put an upward pressure on cryptocurrencies. On Tuesday, representatives of the world's 20 largest economies met in Argentina to discuss issues related to the international financial system. The officials paid special attention to the cryptocurrency market. The participants of the group of 20 meeting discussed ways to protect investors and introduction of taxes on virtual coins transactions. After the announcement of the summit's results, bitcoin rose to $9,000. According to experts, the cryptocurrency...

Traders Anticipate Fed Rate Hike

Wed, 21 Mar 2018 12:10

The US dollar was extending strength in the Asian trade. The yen was traded in a muted mode because of the national holiday in Japan, Vernal Equinox Day. Besides, the USD/JPY pair was not able to drop below 106.00 as traders are sitting on the sidelines of the policy meeting of the Federal Reserve. Experts say that traders are more interested to find a clue the number of interest rate increases, scheduled for 2018....

Bitcoin Forecast — March 21st 2018

Wed, 21 Mar 2018 11:02

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the March 21st session. Bitcoin/USD — As you can see, bitcoin pulled back initially against the dollar, turned around to form a hammer. It looks like we are trying to go higher. I think at this point, we could see the market try to reach towards the 10,000. level. If we can break above this...