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

  • Dragisa Vasiljevic from Serbia writes about SuperForex:

    Hi.

    Till now I was surprised with SuperForex customer policy but bellow I will explain why I don't trust them anymore.

    First, Yesterday (May, 17.2018) they changed a minimum lot size from 0.01 Lot to 0.50 Lots for Micro accounts. It was done wi...

  • Anrew Tchvertkin from Italy writes about Trade Fintech:

    My experience so far has been good. Earlier before I started joining, I contacted the company to ask for bonus on deposits and they approved it. I had a problem when downloading my MT4 but support responded and helped. No slippage at the moment.

  • Alpari from Alpari writes about Alpari:

    Hello, Sandeep! Please be informed that we cannot influence to the charts. Charts show the prices which are provided by our liquidity providers and all the quotes you can check in your myAlpari account in the ticks history. Specify please your myAlpa...

  • Enver Malots from United Kingdom writes about Trade Fintech:

    I traded with Tradefintech and had good trading experience with this broker. I think that they are more likely reliable than others.

Forex Blog

Forex Brokers Update — May 20th, 2018

Sun, 20 May 2018 14:57

Another week has passed without new brokers being added to our website. The list of updates to the existing companies is quite short: eToro added new cryptocurrency pairs for trading: BCH/USD, XLM/USD, NEO/USD, and EOS/USD. AMarkets has been marked as registered by the FSA of St. Vincent and the Grenadines. It is also...

Weekly Forex Technical Analysis (May 21 — May 25)

Sat, 19 May 2018 9:52

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1435 1.1593 1.1682 1.1839 1.1928 1.2085 1.2174

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1575 1.1647 1.1822 1.1894
...

New Position Size Calculator: SL and TP Which Follow Entry Line and Are Set in Pips

Fri, 18 May 2018 19:12

The newest version (2.14) the Position Size Calculator indicator, which is released today, introduces a new way to set stop-loss and take-profit for your potential trade setups. You can set the new input parameters UseFixedSLDistance and UseFixedTPDistance to true to turn this new mode on:...

Forex News

US Dollar Flat, Waits for Fed Minutes

US Dollar Flat, Waits for Fed Minutes

Tue, 22 May 2018 19:08

The US dollar traded almost flat against most of its major peers amid profit-taking and in anticipation of the upcoming policy minutes from the Federal Reserve.

GBP/USD Rallies Then Declines on Testimonies by BoE Members

GBP/USD Rallies Then Declines on Testimonies by BoE Members

Tue, 22 May 2018 16:23

The GBP/USD currency pair today retreated from its overnight rally after encountering resistance just before the crucial 1.3500 psychological level. The currency pair was on an uptrend from the early European session before reversing in the mid-European session following testimonies by Bank of England policymakers before the UK Parliament's Treasury Select Committee.

Japanese Yen Bounces After Falling on CPI & Risk Appetite

Japanese Yen Bounces After Falling on CPI & Risk Appetite

Tue, 22 May 2018 12:56

The Japanese yen fell intraday, dragged down by underwhelming domestic macroeconomic data and the positive market sentiment. Yet the currency has bounced by now as the impact of risk appetite seemed to wane.

Commodity Blog

Gold Trying to Rebound From 2018 Lows

Tue, 22 May 2018 16:24

Gold futures are looking to rebound from their worst levels in 2018 as they continue to stall just under the crucial...

Renewed Supply Concerns Push Oil Prices Up Above $80

Tue, 22 May 2018 15:38

The prospect of supply disruption from Iran and Venezuela has helped push oil prices back up to around 3 1/2 -year highs with Brent...

Commodities Technical Analysis, May 21st — May 25th

Sun, 20 May 2018 13:06

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of May 20th,...

Forex Video Zone

USDX Trading Flat in Wall Street Pre-Market

Tue, 22 May 2018 13:01

On Monday in the North Amerian pre-market, the US dollar index was trading next to the highest level of the year. The index edged down slightly below 93.80. Yesterday, the economic calendar lacked macroeconomic reports. The US dollar continued to gain support from elevated yields of US bond. The strong US dollar is still putting pressure on its rival currencies. The GBP/USD pair slumped to 1.34. This trading week, the pound sterling...

After Correction USD to Skyrocket

Tue, 22 May 2018 12:42

Market participants are now alert to three market moving issues, the political crisis in Italy, trade agreements between the US and China, and macroeconomic data from the UK. The US dollar index carried on with a downward correction, which started in the North American session. Today, the index is trading close to 93.40. Experts say traders are ready for bullish bets on the US dollar. Tomorrow, market participants will absorb the minutes of the latest...

Bitcoin Forecast — May 22nd 2018

Tue, 22 May 2018 8:35

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the May 22nd session. Bitcoin/USD — As you can see that we have fallen again, which to me kind of leads me to believe that we will probably drift down to 8,000 to find support. The 9,000 level is suddenly becoming much more resistive on short-term charts as well. So, I think it is going to take some...