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

USD/CAD Remains Under Pressure — Forecast — March 23rd 2017

Thu, 23 Mar 2017 13:41

In this video, the Trading Central looks at the currency pair USD/CAD for the March 23rd session. USD/CAD — Looking at the intraday 30-min chart, the pair remains under pressure below the strong horizontal resistance at 1.3360. It remains also capped by the declining 50-period Moving Average which is turning down. Further weakness is also expected below the overhead resistance. The first target is set at 1.3285 and the next target at 1.3260, which...

GBP/USD: Rebound continues — Forecast — March 23rd 2017

Thu, 23 Mar 2017 13:14

In this video, the Trading Central looks at the currency pair GBP/USDfor the March 23rd session. GBP/USD — The British pound continues with its rebound. Looking at the intraday 30-min chart, we can see that despite a consolidation yesterday, the GBP/USD pair managed to hold above the 1.24 level. Currently, intraday technical indicators are pointing to a bullish outlook. Overhead resistance is at 1.2495. If the pair manages to cross above this level,...

Daily Forex News and Analysis — March 23rd 2017

Thu, 23 Mar 2017 12:21

Wall Street finished mixed as investors start to show pessimism over Trump's economic policy. The Dow Jones fell by 0.03%, the S&P 500 rose by 0.19%, and the NASDAQ added 0.48% to its value. The US dollar traded slightly higher against the other major currencies with the Existing Home Sales coming less than expected at 5.48 million vs. 5.59 million forecast. Today, the Unemployment Claims is expected at 240K vs....