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

Pound Climbs on Reports About Brexit Transition Deal

Pound Climbs on Reports About Brexit Transition Deal

Mon, 19 Mar 2018 12:19

The Great Britain pound jumped today against its most-traded peers on news that the United Kingdom and the European Union have reached a transition deal that would keep trade between the UK and the EU.

Japanese Yen Loses Intraday Gains

Japanese Yen Loses Intraday Gains

Mon, 19 Mar 2018 11:39

The Japanese yen gained during the Asian trading session but has lost its gains by the start of the European session and is trading below the opening level now.

Canadian Dollar Logs Weekly Losses as Trade War Fears Grow

Canadian Dollar Logs Weekly Losses as Trade War Fears Grow

Sat, 17 Mar 2018 17:16

The Canadian dollar slumped this week due to risk aversion caused by concerns about potential trade wars between the United States and other countries, China in particular.

Commodity Blog

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...

Symmetrical Triangle on Daily Chart of Oil, Profit-Taking Objectives for Upward Breakout

Sun, 18 Mar 2018 21:43

Crude oil was rallying since June of 2017 but halted the rally in February of 2018 and entered a consolidation mode. As a result, a symmetrical triangle has formed...

Commodities Technical Analysis, March 19th — March 23rd

Sun, 18 Mar 2018 9:57

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 March 18th, 2018:...

Forex Video Zone

Crypto Traders Ignore Negative News

Mon, 19 Mar 2018 16:27

Today, positive sentiment prevails on the cryptocurrency market. Despite the rumors that Twitter plans to ban virtual money advertisement, cryptocurrencies are recouping losses. Today, bitcoin rose by more than 6%, reaching the level of $8,300. Later, it started to correct. Still, experts believe that the cryptocurrency will remain above $8,000. During the weekend, Twitter revealed its new advertising policy, which bans the promotion of virtual money....

Bitcoin Forecast — March 19th 2018

Mon, 19 Mar 2018 15:40

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the March 19th session. Bitcoin/USD — As we go into the weekend, we formed a hammer, which is a second one in a row. So, I think we are trying to find a little bit of support here at 8,000. Now, the question will become, is this a higher low? The problem I have with that is that the volume of this...

Oil Maintains Bullish Momentum While Ruble Falls

Mon, 19 Mar 2018 15:24

Today, oil prices are consolidating near the peaks that have been recently reached on the back of the oil rig count report. According to Baker Hughes, the number of active drilling facilities in the United States increased by 4 to 800 units for the week ended the 9th of March. It signals that the Crude Oil production may expand. However, the Light Sweet Crude Oil is still trading above $62 per...