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

  • Navs from Europe writes about AMarkets:

    Perfect for me. After several months of trading at Amarkets, I have to share my impressions of this broker. The most pleasant thing is the conditions for investing. The absence of a minimum deposit is very important for new traders who just want to...

  • Eckhard Hubschdecke from Germany writes about Land-FX:

    It's been over a year that I have been trading with Land-fx. There were many ups and downs (related to my trading performance) during this and I've always found them helpful me with their upbeat services.

  • Andrew from Zurich writes about Markets Cube:

    I am not so familiar with forex trading, by another word - newbie. That's why I've chosen Markets Cube - there are a large number of educational materials, which help to quickly understand everything about forex trading. Also very helpful was the sup...

  • Peter Gregson from UK writes about StoxMarket:

    Opened a small account no contact fro them, so started losing a little so decided to close account been trying for 5 weeks to get monies refunded with little effect, they are not good in my opinin to deal with

Forex Blog

Forex Brokers Update — February 18th, 2018

Sun, 18 Feb 2018 13:19

During the week, we have added one new broker to the list of Forex brokers on our website: Fullerton Markets — a Forex broker registered as a Financial Service Provider in New Zealand. They offer trading in currency pairs with up to 1:500 leverage and allow accounts starting from $200. Some changes...

Weekly Forex Technical Analysis (Feb 19 — Feb 23)

Sat, 17 Feb 2018 10:13

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1925 1.2080 1.2245 1.2400 1.2566 1.2721 1.2886

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.2082 1.2250 1.2403 1.2571
...

EUR/USD Retreats from Three-Year High

Fri, 16 Feb 2018 15:47

EUR/USD retreated from the highest level in three years. While positive US macroeconomic data released over the Friday's session added to the downside momentum of the currency pair, most analysts believed that the reason for today's decline was profit-taking ahead of Monday's holiday in the United States. That means that the decline is...

Forex News

Loonie Extends Decline After Underwhelming Wholesale Sales

Loonie Extends Decline After Underwhelming Wholesale Sales

Tue, 20 Feb 2018 22:26

The Canadian dollar attempted to rise in the Tuesday session but failed and backed off. The currency extended its decline following the release of underwhelming wholesale sales data.

US Dollar Extends Rebound Ahead of FOMC Minutes

US Dollar Extends Rebound Ahead of FOMC Minutes

Tue, 20 Feb 2018 18:58

The US dollar extended its bounce after last week's sell-off, rising today against most of its major rivals, though not the Great Britain pound.

Euro Trades Lower Ignoring Mixed German ZEW Survey Data

Euro Trades Lower Ignoring Mixed German ZEW Survey Data

Tue, 20 Feb 2018 16:19

The euro today was on a downtrend against the US dollar ignoring the release of mixed German ZEW survey data early in the European session. The single currency also did not respond to the release of positive German producer price index earlier in today's session and continued to lose ground against the US dollar.

Commodity Blog

Orange Juice Unable to Rally on Surprising Sales Growth

Wed, 21 Feb 2018 17:26

Orange juice futures are plummeting midweek despite a new report that suggests sales surged last month. For many years, orange juice was...

Gold Declines as Treasury Yields Rise

Tue, 20 Feb 2018 22:08

Gold fell sharply today as the US dollar rallied. The Bloomberg Dollar Spot Index rose almost 0.7% in the Tuesday session. The precious...

Copper Futures Plunge on Surging US Dollar, Chinese Holiday

Tue, 20 Feb 2018 18:05

Copper prices fell more than 1% on Tuesday as the US dollar surged and Chinese markets are closed for the Lunar New Year. Since spiking after...

Forex Video Zone

Bitcoin Forecast — February 21st 2018

Wed, 21 Feb 2018 17:02

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the February 21st session. Bitcoin/USD — As you can see, bitcoin has rallied during the day on Tuesday, as Americans have come back from the holiday weekend. At this point, we are testing 12,000. I think we will break above there today, But if we don't, it does not matter as we will pull back...

UK Report Put GBP/USD Under Pressure

Wed, 21 Feb 2018 16:21

While all statistics published today in the European Union failed to meet market expectations, putting the EUR/USD pair under pressure. One economic report in the United Kingdom was enough to derail the rally of the pound. It was the report on the unemployment rate, which showed a rise to 4.4% in December from the previous level of 4.3%. However, other reports from the UK were more optimistic. Thus, the Claimant Count Change decreased to 7,200 from...

EUR/USD Temporarily Stops its Decline

Wed, 21 Feb 2018 15:34

The EUR/USD pair continues to decline after the release of important macroeconomic data. The results turned out to be below the forecasts of the analysts. According to the preliminary estimates, the German Manufacturing PMI fell to 60.3 in February, from 61.1 in January. Experts had forecast an increase to 60.6. Meanwhile, the Services PMI decreased to 55.3 in February of 2018 from 57.3 in January. The Eurozone Manufacturing PMI also indicated a slowdown in growth. The index rose to 57.5 in February, while...