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

  • Papaye from France writes about JustForex:

    I trade with this broker for two weeks, because I was so disappointed with Tickmill who is a bad market maker...

    JustForex is a real NDD broker, it is secure to trade with them like JFD Brokers. VERY good execution, no requote, and they don't trade ...

  • Jan Daley Katz from UK writes about Admiral Markets:

    The world's quite full of Forex brokers and most of them aren't even that different. The terms, the service, even the way they conduct themselves. That's what made me interested in Admiral Markets. From their newsletter to articles etc., I could feel...

  • Dexter Colby from USA writes about FXGlobe:

    On February 13, 2017 I deposited $250 with the FXGlobe, not realizing they don't accept U.S. traders. After learning that, I wanted to cancel the deal, but they kept the money anyway.

  • Mix writes about Forex Optimum:

    I have only the most pleasant impressions about this broker, especially the fast support. The thing is, I'm new to forex, so I had a ton of questions, about trading and about the broker itself, they helped me understand everything, which I'm really g...

Forex Blog

EUR/USD Slides amid Fed Tightening Talks

Tue, 21 Feb 2017 15:35

EUR/USD slipped today amid talks about monetary tightening from the Federal Reserve. Philadelphia Fed President Patrick Harker said today that he "would not take March off the table." Such comments allowed the dollar to rally even though today's US economic data was...

GBP/JPY — Another Pound Pair Consolidates in Symmetrical Triangle

Sun, 19 Feb 2017 15:13

I have already written about a symmetrical triangle on GBP/CHF weekly chart 2 weeks ago. Today, you can see a similar pattern but with a different trend direction on the daily chart of the pound/yen pair. This consolidation finishes off the uptrend that lasted from October through mid-December and offers...

Forex Brokers Update — February 19th, 2017

Sun, 19 Feb 2017 10:33

One new Forex trading company has been added to the list of brokers at during the week: TryMarkets — a brand new offshore Forex broker registered in Belize but with offices in the UAE and the UK. It is a generic MT4 brokerage with rather low fixed spreads on currency pairs. Some...

Forex News

British Pound Struggles to Find Direction Despite Hawkish Comments from BoE Governor

British Pound Struggles to Find Direction Despite Hawkish Comments from BoE Governor

Tue, 21 Feb 2017 18:34

The British pound today struggled to find direction as it demonstrated mixed results against its main competitors such as the US dollar, the euro, and the Japanese yen. The Bank of England Governor, Mark Carney, told the UK Parliament that a smooth Brexit process could lead to a faster rate of hiking interest rates.

US Dollar Climbs as Comments from Fed Official Increase Expectations for Raising Rates

US Dollar Climbs as Comments from Fed Official Increase Expectations for Raising Rates

Tue, 21 Feb 2017 18:09

The US dollar rose against its major counterparts on Tuesday, after a Federal Reserve official made comments that increased US Treasury yields and supported the US Currency.

Japanese Yen Shows No Discernible Trend After Mixed Data

Japanese Yen Shows No Discernible Trend After Mixed Data

Tue, 21 Feb 2017 12:19

The Japanese yen demonstrated a mixed performance today, rising against some currencies and falling against others, after the release of macroeconomic data, which was mixed as well.

Commodity Blog

Gold, Silver Flat amid Higher Dollar, Political Uncertainty

Tue, 21 Feb 2017 18:05

Gold and silver futures are trading flat on Tuesday amid a strengthening dollar and political uncertainty in the US and Europe. This comes as both precious metals posted...

Crude Oil Posts Limited Gains as Fundamentals Remain Confusing

Mon, 20 Feb 2017 17:36

Prices for crude oil edged higher today, but gains were somewhat limited amid confusing fundamentals. On one hand, productions cuts from...

Commodities Technical Analysis, February 20th — February 24th

Sun, 19 Feb 2017 9:33

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 February 19th, 2017:...

Forex Video Zone

What Is Cash Reserve Ratio (CRR)?

Tue, 21 Feb 2017 17:15

Cash Reserve Ratio or CRR is the amount of funds that the banks have to keep with the central bank. If the central bank decides to increase the CRR, the available amount with the banks comes down. The central bank uses the CRR to drain out excessive money from the system. For example, if the reserve ratio in the US is determined by the Fed to be 11%, this means that all banks must have 11%...

USD/JPY Remains On the Upside — Forecast — February 21st 2017

Tue, 21 Feb 2017 15:40

In this video, the Trading Central looks at the currency pair USD/JPY for the February 21st session. USD/JPY — Looking at the intraday 30-min chart, we have broken above this descending trendline, yesterday. The pair is also supported by a rising trendline. The pair is also supported by a rising 50-period Moving Average. Further advance is expected with support below at 113.00. The first target is the 113.80 level, which is...

RBA Forecasts Fail to Support Aussie

Tue, 21 Feb 2017 15:25

Overnight, the Reserve Bank of Australia released the minutes of the policy meeting, which hardly influenced the sentiment of the investors. The Aussie dollar is still giving in to the stronger US dollar. The contents of the minutes reveal that the RBA officials expanded mainly on economic prospects. Australia's GDP dropped by 0.5% in the third quarter. Experts do not foresee a further contraction in the economy and expect economic growth at 0.5% in the final quarter of 2016. Australia's GDP...