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

  • Anafer from Riga writes about NewForex:

    In what advantage here, spreds from 3 points, fixed, and is good still swaps in the long term to disconnect, for 2 months of trade as a whole impression good, execution 700-800мс, on news to 1 second Trading account 71238352.

  • David smith from United States writes about Trade12:

    I was surprised to see so much of negative comments. It's over 2 years since i am trading with them & so far everything went smooth. There were some server issues which propped up during this period which affected my trades but all were compensated b...

  • Scharz from Switzerland writes about Bolmax Management:

    From the very first experience, I liked attitude of the company to me, their support was so much helpful so their assistance was really very impressive. But after I made profit almost as much as I deposited, execution became slowlier and opening pric...

  • George Finch from Estonia, Tallinn writes about Admiral Markets:

    I'm a complete newbie when it comes to trading, so take everything with a grain of salt. Admiral Markets wasn't my first option, but I decided to try them out after reading some of the reviews (hence why I'm writing here as well). The experience was ...

Forex Blog

EUR/USD Reaches Highest Since September Following French Elections

Tue, 25 Apr 2017 16:32

EUR/USD gained today, touching the highest level since November. The reason for the rally was the French Presidential election over the weekend. The voting resulted in markets-favored pro-euro centrist candidate Emmanuel Macron going to the second round with the biggest number of votes. Today's economic data from the United States was fairly...

Worst Forex Indicator/Tool Ever

Mon, 24 Apr 2017 8:33

Each trader has his or her own best trading tool — be it a simple moving average or a complex system that combines volume, market sentiment indicators, and Elliott Wave count done on Fibonacci numbers. It seems that Forex traders favor the simpler methods. The more straightforward the indicator...

Forex Brokers Update — April 23rd, 2017

Sun, 23 Apr 2017 19:43

There were no new brokers this week, but we have some updates to report: Whaleclub now accepts deposits and withdrawal requests in Dash cryptocurrency. IFC Markets is now regulated by CySEC. Added rebates and updated VIP conditions. JFD Brokers now works with...

Forex News

Canadian Dollar Declines as US Imposes New Duties on Canadian Lumber Imports

Canadian Dollar Declines as US Imposes New Duties on Canadian Lumber Imports

Tue, 25 Apr 2017 18:06

The Canadian dollar weakened against the US dollar and a number of other major peers on Tuesday after the United States decided to impose higher duties on lumber coming from Canada. Traders preferred to stay off the market ahead of a highly anticipated report on Canadian retail sales in February that is due to be released tomorrow.

US Dollar Drops to New Lows Despite Positive US Data

US Dollar Drops to New Lows Despite Positive US Data

Tue, 25 Apr 2017 16:22

The US dollar declined to new lows today after the release of a raft of economic reports from the US economic docket. Today's economic releases include the consumer confidence index, the house price index, the new homes sales report and the S&P/Case-Shiller US home price index.

Canadian Dollar Erases Early Gains as Lower Oil Prices Outweigh Wholesale Data

Canadian Dollar Erases Early Gains as Lower Oil Prices Outweigh Wholesale Data

Mon, 24 Apr 2017 19:07

The Canadian dollar gave up all of the gains it had achieved against its main counterparts earlier on Monday, following a drop in oil prices that weighed on the loonie. Canadian economic data was supportive of the currency today as wholesale sales were better than expected in February, but the positive data was overshadowed by concerns about a global crude oil supply glut.

Commodity Blog

US Crude Sinks Below $50 on OPEC Doubts

Tue, 25 Apr 2017 16:45

US crude is trading under $50 on growing concerns of rising supplies. Investors are skeptical that Organization of the Petroleum Exporting Countries ...

Gold Plummets on French Election Fallout

Mon, 24 Apr 2017 16:55

Gold is slipping to kick off the trading week on the fallout of Sunday’s French presidential election. The market is emitting a sigh of relief on Monday after National...

Commodities Technical Analysis, April 24th — April 28th

Sun, 23 Apr 2017 9:39

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 April 23rd, 2017:...

Forex Video Zone

EUR/JPY Remains on the Upside — Forecast — April 24th 2017

Tue, 25 Apr 2017 15:28

In this video, the Trading Central looks at the currency pair EUR/JPY for the April 24th session. EUR/JPY — Looking at the intraday 30-min chart, the pair has indeed opened with a bullish gap yesterday, and faced a pullback before rebounding above the 50-period Moving Average. Further advance is also expected above the strong horizontal support at 118.85. The first target is set at yesterday's top at 120.15 and the next target at 120.90. [video]sCoGcSpoGwg[/video]...

Pound Sterling Attracts Investors

Tue, 25 Apr 2017 14:58

The market sentiment is favorable for the British currency. The results of the first round of presidential election in France contribute to a rise in the pound's exchange rate. The sterling strengthened against its American counterpart and returned to September's level, facing the resistance at 1.2850. The British currency is moving with bullish bias despite weak economic reports. The pound sterling is gaining ground despite the downbeat report on public sector net borrowing from the United...

Traders Selling Off RUB

Tue, 25 Apr 2017 11:59

The Russian ruble opened the session on the Moscow Exchange with an upward correction. After the Russian ruble had hit a 22-month high against the US dollar, some traders preferred to close long positions on the ruble, locking in profits. In the early session, the USD/RUB pair was trading near to the 55.90 level. The recent dynamic of oil prices accounts for correction moves of the Russian currency. At present, traders are digesting rumors that Russia is likely...