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

  • ruel from philippines writes about InstaForex:

    My name is ruel yas alcober today june 20 2017 my account block by instaforex without any reason first i made witdraw amount 0f 133$ after a weeks i recieve my witdraw in ny skril.then i start trading again.friday june 17 2017 i made 214$ in witdraw ...

  • Madjefurd from Jordan writes about GAINSY:

    For more than 10 years of my experience with forex and cfd I met quite a few decent brokers. Traded with Gainsy from the middle 2013 till September, 2015, then wanted to tried something else. When at the beginning of 2015 it was the only my broker ou...

  • RACHIDA HABIBI from Morocco writes about Fort Financial Services:

    Good broker with fast execution orders with professionnal support no problems you can trust this recommanded broker

    also they give onther chance if you lose your bonus

    I suggest to trade with Fort Financial Services

    Acc number 379514

  • Karl F from Italy writes about LiteForex:

    I use the pips back from liteforex, but it is one minus , it is difficult to understand how the calculations are made, and I would like a more understandable scheme of commission calculations and refund of commission

Forex Blog

Weekly Forex Technical Analysis (Jun 26 — Jun 30)

Sat, 24 Jun 2017 9:10

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1043 1.1081 1.1137 1.1175 1.1231 1.1269 1.1325

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1085 1.1146 1.1179 1.1240
...

EUR/USD Rallies After Markit PMIs Miss Expectations

Fri, 23 Jun 2017 15:25

EUR/USD rallied today after Markit released indicators for US manufacturing and services, which showed an unexpected drop. Better-than-expected housing data did not affect the currency pair much. Markit released a flash report for manufacturing and services in June, and both indicators missed expectations. Manufacturing PMI fell from 52.7 to 52.1,...

EUR/USD Logs Marginal Loss Despite US Data

Thu, 22 Jun 2017 15:26

EUR/USD fell today despite disappointing macroeconomic data from the United States. The drop was marginal, though, and was not enough to erase yesterday's gains, which were not big themselves. Initial jobless claims rose to 241k last week from the previous week's revised level of 238k,...

Forex News

Hawkish Monetary Policy Outlook Doesn't Help Sterling

Hawkish Monetary Policy Outlook Doesn't Help Sterling

Sat, 24 Jun 2017 16:11

The outlook for monetary policies of central banks around the world were one of the main driving factors for the Forex market this week. But while the outlook for Bank of England monetary policy became more hawkish, it was not enough to support the Great Britain pound.

Pound Rises on Interest Rate Hike Speculations

Pound Rises on Interest Rate Hike Speculations

Fri, 23 Jun 2017 18:52

The Great Britain pound rose today as hawkish comments from policy makers led to speculations about interest rate hikes from the Bank of England in the foreseeable future.

US Dollar Flounders as PMI Readings Fall Short of Estimate

US Dollar Flounders as PMI Readings Fall Short of Estimate

Fri, 23 Jun 2017 15:49

The US dollar tumbled against major rivals on Friday following the release of lackluster manufacturing activity data and weak new home sales. Traders’ appetite for the greenback was also affected by anticipation for speeches of Federal Reserve officials today and US inflation data next week.

Commodity Blog

Bitcoin Poised to End Week off Weekly Highs Despite Expectations of Indian Adoption

Fri, 23 Jun 2017 21:22

The price of Bitcoin is set to end the week below the week’s highest level as investors in the virtual currency remained reluctant to place their funds into it...

Oil Rallies on Friday, Heads to Fifth Weekly Loss

Fri, 23 Jun 2017 20:05

Futures for crude oil rose today. The reason for the rally was the weakness of the US dollar. The greenback dropped due the surprisingly poor data about manufacturing...

Gold Set for Small Weekly Gain amid Investor Fear, Weakening US Dollar

Fri, 23 Jun 2017 15:25

Gold futures are on track for a small weekly gain as the US dollar weakens and investors remain fearful of risky assets. The yellow metal is maintaining a ...

Forex Video Zone

Traders Shift Attention to Oil and Ruble

Fri, 23 Jun 2017 15:39

Oil prices are retreating from recent lows, trying to offset losses. The Brent Crude Benchmark has added about 1% and is trading at $45.35 per barrel. The investor sentiment was improved by the comments about the OPEC agreement on output curbs. The Iranian oil minister, said that the cartel will consider a possibility of increasing the production cuts. However, a rise in crude oil inventories in the United States puts oil prices...

Bank Runs Explained in One Minute: How Banks Become Insolvent and Fail

Fri, 23 Jun 2017 15:07

As mentioned in the fractional reserve banking video, only a fraction of the currency in existence is actually tangible, so paper money and coins. Let us assume that Bank A like any other banks has customers who trust it with their money for various reasons. Some create bank deposits, some simply keep spending money in their bank accounts and so on. These people are legally allowed...

How to Choose a Market to Trade

Fri, 23 Jun 2017 14:17

The financial markets are a world of opportunity. Tens of thousands of assets to choose from, so, how do you narrow it down? First, pick an asset class. There are four main types. Shares in individual companies listed on stock exchanges around the world. Stock indices, figures representing the top shares from a particular area, exchange, or sector. Forex, the value of one currency compared to another, like the pound versus the dollar...