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

  • Cuimín from Spain writes about FreshForex:

    Great broker to start your Forex trading journey, with lots of educational materials that you can use to improve trading skills and gain more profits. Also I recommend you to claim the huge MegaRebate for your trading account. Pleasant experiences wi...

  • dominick writes about Forex Optimum:

    It's a good broker. I've started trading here quite recently but I'm sure it's a reliable broker. The withdrawals are processed by the book. The trading conditions are good. Plus, there are cent and demo accounts, as well as some bonuses for newbies=...

  • Phung Phan from Vietnam writes about ForexMart:

    CAUTION: Paypal is NO LONGER AVAILABLE on ForexMart.

  • Sergio Vasques from Spain writes about Land-FX:

    While regulation, trade execution & customer support are positives for the Land-fx, i would love if it add some tutorials on its website to educate its clients.

Forex Blog

Forex Brokers Update — March 18th, 2018

Sun, 18 Mar 2018 8:15

Another week has gone without adding new brokers to, but some of the companies' listings have been updated: RoboForex reduced the maximum leverage for crypto trading from 1:10 to 1:5. LiteForex increased the margin call level in its Classic account type from 50% to 100%. The minimum position size...

Weekly Forex Technical Analysis (Mar 19 — Mar 23)

Sat, 17 Mar 2018 9:49


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.2076 1.2168 1.2228 1.2320 1.2381 1.2473 1.2533

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.2160 1.2213 1.2313 1.2365

EUR/USD Declines for Third Day as Markets Prepare for Fed Hike

Fri, 16 Mar 2018 15:58

EUR/USD fell for the third day in a row despite turmoil in the US government. The dollar got some support from today's macroeconomic reports, which were good for the most part, with the exception of the housing data. But the most important reason for the greenback's rally was anticipation of an interest rate hike from the ...

Forex News

Canadian Dollar Support by Strong Rally of Crude Oil

Canadian Dollar Support by Strong Rally of Crude Oil

Tue, 20 Mar 2018 19:45

The Canadian dollar was little changed against its US counterpart and gained on other most-traded rivals thanks to the strong rally of crude oil — Canada's most important export commodity.

US Dollar Rallies as Markets Prepare for Fed Hike

US Dollar Rallies as Markets Prepare for Fed Hike

Tue, 20 Mar 2018 18:11

The US dollar gained against other most-traded currencies today as market participants were preparing for tomorrow's policy announcement from the Federal Reserve.

Euro Sinks to New Lows on Weak German ZEW Survey Data

Euro Sinks to New Lows on Weak German ZEW Survey Data

Tue, 20 Mar 2018 16:21

The euro today booked significant losses against the US dollar following the release of German ZEW survey data for March. The ZEW data triggered a decline that extended from the early European session into the American session as the US dollar gained ground against the single currency.

Commodity Blog

Crude Oil Jumps on Hopes for Supply-Demand Balance

Tue, 20 Mar 2018 19:31

Futures for crude oil touched the highest level in three weeks today as the special committee, appointed by the OPEC-led group aimed at reducing the global glut,...

FOMC Meeting, Bearish Outlook Send Copper 1% Lower

Tue, 20 Mar 2018 16:48

Copper futures are trading lower on Tuesday ahead of this week’s Federal Reserve policy meeting where a rate hike is...

Gold Rebounding from Weekly Lows Ahead of FOMC Meeting

Mon, 19 Mar 2018 16:50

Gold futures are rebounding from a two-week low to start the trading week. The yellow metal trading higher ahead of a Federal Reserve policy...

Forex Video Zone

ECB Gets Ready to Hike Rate: True or False?

Tue, 20 Mar 2018 15:32

The single European currency is losing its recent gains today. The EUR/USD pair is trading lower. The most traded currency pair retreated from the level of 1.2360 and is heading towards 1.2260. Speculations about a possibility of a sooner than expected rate hike by the European Central Bank provided little help to the euro. Reportedly, the regulator has already started to discuss the prospects for changing the monetary policy stance and tapering...

UK Inflation Data Discourages Traders

Tue, 20 Mar 2018 15:10

After reaching a month high, the GBP/USD pair gradually corrects. Traders pay attention to important macroeconomic statistics ahead of the FOMC meeting. Today, the United Kingdom published its inflation data. On an annual basis, growth of the consumer price index slowed down to 2.7%. Analysts had expected a 2.8% increase. Monthly, the inflation rate rose by 0.4% in February, after a reduction by 0.5% in the previous month. However, the latest value is below...

Bitcoin Forecast — March 20th 2018

Tue, 20 Mar 2018 12:55

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the March 20th session. Bitcoin/USD — As you can see, bitcoin tried to rally during the day on Monday, but has rolled over again. Really at this point, this thing just won't fly. So, I think what we are probably going to see is a continued selling pressure to try to reach the lows of February. If we break...