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 $5.3 trillion (as of April 2013). 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 also join a friendly community of traders at the Forex forum.

Latest in Forex

  • Ivan Tosten from Norway writes about Trade12:

    Trade 12 has been my broker for the past 13 months and so far I have had a very good relationship with them. Their signals are really cool and they are very cooperative and experienced too. This is in sharp contrast to my previous broker. I will ha...

  • Claire White from Australia writes about FP Markets:

    I have been trading with FP Markets for nearly 6 months and think they are an excellent broker. Their RAW ECN accounts on MT4 offers tight spreads and fast execution. I have been impressed by the quality of service I have received so far.

  • Matterazzi Piero from Italy writes about Trade12:

    I am more interested in forex trading right now that I am using the services of this broker than when I was trying to trade on my own as the results are way better. They have really strengthened my forex trading and interest. I also love the fact th...

  • Jack Elliot from London, United Kingdom writes about JFD Brokers:

    I am trading with JFD Brokers for already more than a year and I am completely satisfied with their services. I use JFD for trading the FX majors and index CFDs. Very good that they reduced commissions on those! I would like to see the swap rates low...

Forex Blog

EUR/USD Firm as Markets Prepare for ECB Meeting

Wed, 7 Dec 2016 21:59

EUR/USD was firm today ahead of tomorrow's meeting of the European Central Bank. Analysts do not expect changes to interest rates, but think that the ECB may extend its quantitative easing beyond the March 2017 threshold. US crude oil inventories dropped 2.4 million barrels...

EUR/USD Retreats After Post-Referendum Rally

Tue, 6 Dec 2016 16:29

EUR/USD fell today after yesterday's rally that followed the Italian referendum. Today's economic data from the United States was mixed, providing no reason for the currency pair to move either up or down. Meanwhile, traders wait for Thursday's monetary policy decision from the European Central Bank....

Do You Pay Taxes on Forex Trading Gains?

Mon, 5 Dec 2016 18:18

Paying taxes is really the last thing a new foreign exchange trader should care about, but it is definitely a serious issue for any profitable trader. Correct handling of one's taxes is not only ethical but will help to avoid unnecessary problems and expenditures in the future. I am not...

Forex News

Euro Sharply Drops Against US Dollar as ECB Lengthens Its Bond Purchases

Euro Sharply Drops Against US Dollar as ECB Lengthens Its Bond Purchases

Thu, 8 Dec 2016 16:25

The euro experienced volatile movements against the US dollar on Thursday as investor read into the European Central Bank’s policy announcement earlier today. During its latest policy meeting, the central bank decided to extend the period for which its bond purchase program will last.

New Zealand Dollar Firm After Wheeler's Speech

New Zealand Dollar Firm After Wheeler's Speech

Thu, 8 Dec 2016 13:04

The New Zealand dollar rallied today (though it has backed off from daily highs by now) following the speech of the central bank's chief that was considered by markets to be rather hawkish.

Yen Jitters After Final GDP Disappoints

Yen Jitters After Final GDP Disappoints

Thu, 8 Dec 2016 11:09

The Japanese yen rose against the US dollar but fell against such currencies as the euro and the Great Britain pound today as Japan's economic growth failed to meet economists' expectations.

Commodity Blog

Bitcoin Nears Its Highest Level in 2016 Due to Chinese Demand

Thu, 8 Dec 2016 19:29

The price of Bitcoin headed upward on Thursday, to near its highest level in 2016 for the second week in a row. The digital currency has been steadily rising for the past...

Oil Stays Above $50 Even with Doubts over OPEC Deal

Thu, 8 Dec 2016 18:14

Oil prices are slightly rebounding on Thursday even with traders remaining doubtful that Organization of the Petroleum Exporting Countries (OPEC) members and non-members...

Coffee Futures Slipping into Bear Market Territory

Wed, 7 Dec 2016 18:14

Coffee futures are heading into bear market territory over rising global supplies. With Colombia increasing production and the Brazilian real gaining momentum,...

Forex Video Zone

What Is Trend Forecasting?

Thu, 8 Dec 2016 15:38

Trend forecasting is a complicated, but useful way to look at past sales or market growth, determine possible trends from that data and use that information to extrapolate what could happen in the future. Marketing experts typically utilize trend forecasting to help determine potential future sales growth. Many areas of business can use forecasting and examining the concept as it relates to sales that can help you gain an understanding...

USD/JPY and AUD/USD Forecast — December 8th 2016

Thu, 8 Dec 2016 15:08

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the December 8th session. USD/JPY — As you can see, we went back and forth to show quite a bit of choppiness. I think that we are trying to roll over a little bit. I have zero interest in trying to buy or short this market now. What I am doing is waiting to find some type of value at one of these two...

EUR/USD Holding Higher Ahead of ECB Meeting

Thu, 8 Dec 2016 14:51

The upcoming European Central Bank monetary meeting is under the spotlight today. Traders are sure that the benchmark rate will be kept unchanged. The ECB president Mario Draghi reiterated several times that the region's economy is not ready for sharp changes. The ECB key interest rate has been standing at the zero level since this March. The officials do not expect any significant changes in the area's...