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. 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.

Getting into Forex trading is easy:

1. Start with our free Forex course.
2. Open an account with a broker.
3. Learn from other traders at the forum.

Latest in Forex

  • PauL from France writes about AAFX Trading:

    I’ve just started to trade with AAFX on the real account. I was happy about the bonus of 35% on my first deposit. I’m a newbie; the trading is going differently. Even if I trade and break, then at a certain point I can withdraw 350 dollars of income!...

  • Rosemarie Ingram from UK writes about ForexChief:

    I can not believe that people usually do not look for more options to be able to free themselves economically, I enter the forex investment in looking to improve my income and this is what I have been doing with forexchief

  • Alex writes about Forex Optimum:

    I trade on a cent account for only 2 weeks. During this time, I managed to earn a dollar) Yesterday I decided to check whether they do withdraw money. Today I received them to my account. They withdrew is in up to 24 hours. And there’s no commission....

  • Kvon Dmitriy from Russia writes about JCMFX:

    I opened my trading account 10001234 with broker JCMFX on March 6, 2019. I made a deposit of 130 dollars. Last year I already traded with this broker on MT4. He had a rule: the order must be on the market for at least 2 minutes. On a new trading acco...

Forex Blog

Weekly Forex Technical Analysis (Jun 17 — Jun 21, 2019)

Sun, 16 Jun 2019 11:24

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1020 1.1111 1.1161 1.1252 1.1302 1.1393 1.1443

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1100 1.1140 1.1241 1.1281
...

Forex Brokers Update — June 16th, 2019

Sun, 16 Jun 2019 7:59

No new brokers appeared on EarnForex.com this week, just a few updates to the listed companies: AvaTrade now accepts Boleto, FasaPay, and UnionPay for payments. МТ5 demo accounts are now available. Traders can also keep account balance in Australian dollar, Japanese yen, Swiss franc, and Great Britain pound....

EUR/USD Sinks After US Retail Sales, Industrial Production

Fri, 14 Jun 2019 15:11

EUR/USD sank today even as US retail sales missed expectations. But the miss was small and the core components came out within expectations. Furthermore, both the headline and underline figures for the preceding month got a positive revision. And on top of that, industrial production beat forecasts. The positive data eased concerns that...

Forex News

Brexit Worries Continue to Hammer Pound

Brexit Worries Continue to Hammer Pound

Fri, 14 Jun 2019 17:51

The Great Britain pound sank against the US dollar and fell versus some other currencies, including the Swiss franc, today amid concerns that pro-Brexit candidate Boris Johnson is moving closer to becoming a new prime minister.

Ruble Gains vs. Dollar Despite Interest Rate Cut from Bank of Russia

Ruble Gains vs. Dollar Despite Interest Rate Cut from Bank of Russia

Fri, 14 Jun 2019 17:35

The Russian ruble gained today versus the US dollar even after Russia's central bank cut its key rate.

Euro Falls Against US Dollar After US Retail Sales Top Expectations

Euro Falls Against US Dollar After US Retail Sales Top Expectations

Fri, 14 Jun 2019 17:25

The euro today fell to new weekly lows against the US dollar following the release of upbeat US retail sales data in the American session. The EUR/USD currency pair traded with a bearish bias for most of today's session amid a risk-averse market mood given the US-China trade war.

Commodity Blog

Bitcoin Prices Soar to $9,000 on Facebook and Binance News

Sun, 16 Jun 2019 22:45

The world's largest cryptocurrency, Bitcoin, saw its prices rise to more than $9,300 on Sunday, representing a new 2019 high price. Although prices...

Double Bottom on Daily Chart of WTI Crude Oil as of 2019-06-16

Sun, 16 Jun 2019 21:08

A double bottom pattern has formed on the daily chart of WTI crude oil. The pattern forms after prices test a support level and fail to break it....

Commodities Technical Analysis, June 17th — June 21st

Sun, 16 Jun 2019 10:10

The technical analysis, that includes the indicator data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continuous charts as of June 16th,...

Forex Video Zone

How to Start Trading — Types of Orders in the Forex Market

Sun, 16 Jun 2019 14:41

In this video, you will learn about the different order types in forex trading. The various order types in forex trading are market buy order, market sell order, buy limit order, sell limit order, buy stop order, and sell stop order. Most traders should be familiar with the market buy and sell orders. They may find it a bit confusing to understand about the limit orders....

What Is a Spread | What are Pips in Forex Trading for Beginner

Sun, 16 Jun 2019 14:23

In this video, you will learn about some basic trading terminology in forex trading. For example, when you look on your MetaTrader platform, prices are quoted by your broker in 5 digits. For example, consider the exchange rate of EUR/USD as 1.1203. Here, the fourth digit after the decimal point, represents the pip value. The fifth decimal place represents a point. Spread is the difference between the bid price and the ask price offered...

Investors vs. Speculators: Investing and Speculating Defined, Explained & Compared in One Minute

Sun, 16 Jun 2019 13:47

Most investors believe that the investing and speculating are the same. It is because you have to speculate when you want to invest your money. However, there are differences that exist between investing and speculating. One difference is how aggressive you are as a trader. The more aggressive you become, then you become a speculator. So, who are investors? Investors are traders looking for long-term gains...