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

  • Issaad ibrahim from Algeria writes about Fort Financial Services:

    I have been trading on many brokers and the truth is FortFs is considered one of the best brokers, there are no fees for withdrawals and deposits, the spreads are tights, the support always presents and they are giving no deposit bonus which allow yo...

  • Lexi from Europe writes about FXB Trading:

    Previously I used to be happy trading with FXB but with means of time it became noticeably worse. They impose too high spreads, so if before I had to avoid news trading with them because of spreads and slippage, now spreads are high and slippage afte...

  • Sonny Harper from Netherlands, Amsterdam writes about Admiral Markets:

    I wanted to get a profitable personal offer and after much consideration turned to Admiral Markets as an FCA regulated broker. Do recommend!

  • Marek from Slovakia writes about AccentForex:

    I have been trading for more than a year. Write technical analysis for different currency pairs including crypto-currencies.

    After time I decided to open a PAMM-account with this broker. I opened the account next day after Christmas.

    So what can I...

Forex Blog

E-Book Review: Forex Exchange Training Manual by Lehman Brothers

Tue, 16 Jan 2018 15:46

Lehman Brothers was a titan of financial trading before going bankrupt in September 2008. In March 2010, Anton R. Valukas and his law firm Jenner & Block produced a 2200-page report on the company. It was used in the bankruptcy court hearings. Consequently, the report has been made public. Yesterday,...

Forex Brokers Update — January 14th, 2018

Sun, 14 Jan 2018 16:47

The first brokers update post this year is not very rich on the news, but features a new broker: ATFX — a Cyprus-based regulated Forex broker with $200 minimum account size and MT4 platform. $5,000 will let you open an Edge account with much lower spreads....

Weekly Forex Technical Analysis (Jan 15 — Jan 19)

Sat, 13 Jan 2018 10:33

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1701 1.1808 1.2004 1.2111 1.2307 1.2414 1.2610

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1831 1.2049 1.2134 1.2352
...

Forex News

US Dollar Rises Against Euro on Higher Expectations That ECB Will Maintain Stimulus

US Dollar Rises Against Euro on Higher Expectations That ECB Will Maintain Stimulus

Tue, 16 Jan 2018 15:46

The US dollar took a minor step away from the lowest level in three years against the euro following modest gains on Tuesday amid expectations that monetary stimulus in Europe will be maintained. The greenback also rose against the British pound as it largely ignored a report that revealed weaker manufacturing activity in the New York region.

Pound Declines Against US Dollar on Weak UK Inflation Data

Pound Declines Against US Dollar on Weak UK Inflation Data

Tue, 16 Jan 2018 12:36

The British pound today declined against the US dollar after the release of weak UK inflation data as tracked by the Consumer Price Index. The pound retraced most of yesterday's gains as demand for the US dollar increased across the board.

Euro Rallies Higher Despite Lack of Major Economic Data

Euro Rallies Higher Despite Lack of Major Economic Data

Mon, 15 Jan 2018 13:24

The euro today rallied higher against the US dollar despite the lack of any major economic releases from the Eurozone, while US markets remained closed. The euro's rally was largely triggered by the aggressive selling of the US dollar across the board.

Commodity Blog

Copper Slips to Three-Week Low Amid Dollar Boost, China Demand Worries

Tue, 16 Jan 2018 17:44

Copper futures have tumbled to their lowest levels in more than three weeks as the industrial metal has fallen the most in six weeks. The red metal’s...

Gold Surges to Four-Month High on Sinking US Dollar

Mon, 15 Jan 2018 16:51

Gold futures are trading at their best levels in about four months, thanks to a sliding US dollar and a closed US stock market. Silver is...

Commodities Technical Analysis, January 15th — January 19th

Sun, 14 Jan 2018 10:26

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of January 14th, 2018:...

Forex Video Zone

USD Still Soggy in Asian Trade

Tue, 16 Jan 2018 17:54

Market participants are facing unusual developments on forex. The same picture is unfolding with the US dollar for the second trading week in a row. The greenback is unable to recover losses. The US dollar index is still trading near a 3-year low of 90.50. US trading floors are closed on the occasion of Martin Luther King Day. Experts say that a thin market accounts for the weakness of the US dollar. As a result,...

Forex Strategy — Only Risk 1%? Why?

Tue, 16 Jan 2018 15:49

Although 1% is a great place to start, sometimes it is not that straightforward. For example, what if you are a little over ambitious with your initial deposit amount. Could you be risking too much. The 1% rule assumes too much. As we all know, trading forex is 80% psychology and 20% technical ability. So, keeping yourself in a sound frame of mind even after...

Pound Loses Momentum Following Weak Inflation Data

Tue, 16 Jan 2018 15:27

While investors are waiting for the final inflation data from the eurozone in hope that the price growth accelerated, the UK delivers the inflation report, indicating the expected slowdown. The National Office for Statistics reported that the consumer price index decreased to 3% in December in annual terms, which came in line with market expectations. Last month, the inflation reached nearly 6-year high. However, some economists anticipate that the inflation rate...