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

  • Marija from South Africa writes about CM Trading:

    I am trading for a while now with CMTrading and it is a great place to be for beginners and seasoned traders. CMTrading is similar to other top-rated broker, but they differ and excel in the Support department, and rewarding their traders with freque...

  • Pollo from Litva writes about NewForex:

    NewForex is a good brokerage company. I trade with this company for a six months. I used a no deposit bonus 50 dollars, it’s a real money that can be used for trading. Using bonus money I earned 300 dollars and withdraw it, in 3 days got my money wit...

  • FreshForex from Russia writes about FreshForex:

    Hi Andrew Lewis. Bingo. I’ve seen two similar reviews just couple hours ago but on Russian resources . OK, as we said before, we ready to discus your awful situation over here. Give me your account number and initials and we will definitely solve you...

  • Owen from Egypt writes about AccentForex:

    I have been trading for over a year with different brokers. And still I prefer accent forex. As for me, it is a good broker. When register I chose stp account. It has small commission and the spread was not crazy. Orders are opened quickly, literally...

Forex Blog

EUR/USD Bounces After US Existing Home Sales Miss Expectations

Wed, 22 Mar 2017 15:45

EUR/USD was down intraday but has bounced to trade above the opening level as of now. One of reasons for that were US existing home sales that failed to meet market expectations. The US currency was also under pressure from concerns that US President Donald Trump may not...

How Can High Nonfarm Payrolls Hurt USD?

Mon, 20 Mar 2017 18:27

Nonfarm payrolls is a macroeconomic employment report released monthly by the US Bureau of Labor Statistics (or BLS for short). The number represents the quantity of new jobs added by the non-agriculture private sector during the month. Forex traders consider it as an invariably important report in respect of its effect on the US dollar. They also...

Forex Brokers Update — March 19th, 2017

Sun, 19 Mar 2017 12:13

The following brokers' listings have been updated during the week: CIBFX lowered its minimum spread on Forex pairs, increasing maximum leverage to 1:500. Gold and silver trading is no longer supported on Standard accounts. The minimum account size for the Standard accounts has been raised from $100 to $1,000. Micro...

Forex News

EUR/USD Rallies After Release of the Eurozone's Current Account Balance

EUR/USD Rallies After Release of the Eurozone's Current Account Balance

Wed, 22 Mar 2017 17:57

The EUR/USD currency pair rallied briefly earlier today after the release of the Eurozone's current account balance, which recorded a minimal surplus, by the European Central Bank.

US Dollar Weakens as Doubts Grow Against Trump Tax and Spending Plans

US Dollar Weakens as Doubts Grow Against Trump Tax and Spending Plans

Wed, 22 Mar 2017 17:26

The US dollar weakened on Wednesday against the euro and the British pound, and touched its lowest level against the Japanese yen in four months. Doubts grew between investors toward the promises of President Donald Trump to cut corporate taxes and raise infrastructure spending, which have weighed on the greenback.

AUD/JPY at Lowest Since January

AUD/JPY at Lowest Since January

Wed, 22 Mar 2017 9:49

The Australian dollar dropped during the current trading session, reaching the lowest level in more than two months against the Japanese yen. Both domestic and overseas fundamentals contributed to the drop of the currency.

Commodity Blog

Wheat Futures Slump as Rain Could Improve US Crops

Wed, 22 Mar 2017 15:15

Wheat futures suffered their third consecutive loss on Wednesday as recent weather reports suggest rain could improve US crops. Wheat prices plummeted...

Copper Plunges 2% as Chile, Indonesia Supply Concerns Fade

Tue, 21 Mar 2017 17:06

Copper futures are plummeting on Tuesday as supply concerns in Chile and Indonesia are fading away. With an Indonesian mine restarting production and efforts to resolve a strike...

Gold Touches Two-Week High amid Sliding US Dollar

Mon, 20 Mar 2017 17:04

Gold prices are touching two-week highs as the US dollar slid to a six-week low amid US President Donald Trump's protectionist proposals....

Forex Video Zone

Bearish Trend Prevails on Oil Market

Wed, 22 Mar 2017 14:36

Today, oil market shows a bearish trend. Brent Crude is trading at $50.19 a barrel, showing a decline in trading sentiment. Even though OPEC output cuts are at a record 90% compliance, oil traders do not see any improvement on the market. Instead, they witness a continuous increase in oil production in the United States. On Tuesday, the American Petroleum Institute's weekly report showed a large build of 4,529 million...

Daily Forex News and Analysis — March 22nd 2017

Wed, 22 Mar 2017 14:07

Wall Street traded in the red on Tuesday over worries that president Trump will not be able to live up to his promises for large scale relief on tax and regulation. The Dow Jones fell by 1.14% and the NASDAQ lost 1.82% from its value. The US dollar traded lower against the other major currencies as the Federal Reserve's dovish comments concerning rate hikes continued to weigh on sentiment while sterling...

USD/JPY Remains on the Downside — Forecast — March 22nd 2017

Wed, 22 Mar 2017 8:49

In this video, the Trading Central looks at the currency pair USD/JPY for the March 22nd session. USD/JPY — Looking at the intraday 30-min chart, the pair has indeed broken below the strong horizontal support at 112.25, which now acts as resistance. Further weakness is also expected below this horizontal resistance. The first target is set at 110.90 and the next target at 110.35. [video]eaagYjEDSwk[/video]...