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

  • Saleh from Malaysia writes about SuperForex:

    SuperForex is among the best broker so far where I experienced my trade since 2016 with this broker and overall I am happy with it. This due of it low spread on Eur/Usd and the execution of taking order is great. Morever, the withdrawal is quite fast...

  • Raihanfx from indonesia writes about SuperForex:

    At first I hesitated to want to trade at this broker. For that, I tried it by using the no deposit bonus first. After I try, it turns out this broker is very good too. The execution is fast and no requote is perfect for me who likes to do scalping.

    ...

  • Jay Seran from Thailand writes about FreshForex:

    I am trading with this broker for a long time. It provides all the facilities to their clients like no transaction fees, easy money withdrawal, 101% deposit bonus, lower spread and also many more which are very much needed to a trader in his trading....

  • Arsyila Romeesa from Indonesia writes about SuperForex:

    Convenience provided by the broker became the main thing, that's what I feel from brokers SuperForex. Implementation of trade is very fast, opening or closing the position of the entry has never happened requot. just like their deposit and withdrawal...

Forex Blog

Forex Brokers Update — November 19th, 2017

Sun, 19 Nov 2017 9:08

While there were no new additions to the list of Forex brokers on our website during the week, some of the existing listings have been updated: ICM Capital launched crypto trading with Bitcoin. Key To Markets added a Russian language version of their website. GKFX added BTC/USD and BTC/EUR cryptocurrency ...

Weekly Forex Technical Analysis (Nov 20 — Nov 24)

Sat, 18 Nov 2017 9:35

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1441 1.1539 1.1664 1.1762 1.1887 1.1985 1.2110

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1546 1.1677 1.1769 1.1900
...

Which Forex Pair Trends the Most

Fri, 17 Nov 2017 18:51

A successful currency trader needs a proven trading strategy. Many traders prefer strategies based on trends. Such strategies work best with currency pairs that trend well. Monitoring a predominantly range-bound currency pair (USD/KRW, for example) would yield little result, even with a solid trading strategy...

Forex News

Dollar Soft amid Continuing Uncertainty About US Tax Reform

Dollar Soft amid Continuing Uncertainty About US Tax Reform

Sat, 18 Nov 2017 18:19

The US dollar was soft during the past trading week, falling against its major rivals, as markets continued to watch the developments in the US tax reform story.

British Pound Declines Against US Dollar on Strong Housing Data

British Pound Declines Against US Dollar on Strong Housing Data

Fri, 17 Nov 2017 15:19

The British pound today declined against the US dollar after the release of positive US housing starts and building permits data. The GBP/USD currency pair reversed all its earlier gains made during the early European session after an initial decline triggered by uncertainties regarding the ongoing Brexit negotiations.

Canadian Dollar Firm Despite Falling Employment

Canadian Dollar Firm Despite Falling Employment

Thu, 16 Nov 2017 20:16

The Canadian dollar gained even though nation's employment dropped last month. Other economic reports were good, though.

Commodity Blog

Symmetrical Triangle on Daily Chart of Gold

Sun, 19 Nov 2017 21:05

A symmetrical triangle pattern has formed on a daily chart of gold. The pattern appears as prices move largely sideways with ever decreasing volatility and chart starts...

Commodities Technical Analysis, November 20th — November 24th

Sun, 19 Nov 2017 9:58

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 November 19th, 2017:...

Gold Rallies on US Dollar Pullback, Poised for Weekly Gain

Fri, 17 Nov 2017 16:13

Gold futures are rallying to end the trading week as the US dollar tumbled from new developments into the Russian investigation. With gold posting more...

Forex Video Zone

What Is the Federal Reserve's Beige Book?

Sun, 19 Nov 2017 16:54

The Federal Reserve's Beige Book report summarizes anecdotal information collected by the District Federal Reserve Banks from key businessmen, economists, market experts, and other sources. Used at the meetings of the Federal Open Market Committee, the Fed's monetary policymaking body finds this and the green book their primary guides. The data is gathered by one of the 12 District Federal Reserve Banks, on a rotating basis. The report is...

Daily Forex News and Analysis — November 19th 2017

Sun, 19 Nov 2017 15:47

The EUR.USD pair rose by 0.17%, closing the week at 1.1790. The GBP/USD pair rose increased by 0.15%, closing the week at 1.3215 exchange rate. Volkswagen will invest $12 billion to build electric and hybrid cars in China, the world's largest electric car market. China accounts for almost 50% of the use of the world's environmentally friendly vehicles. Gold rose by 1.43%, as of last week's market close, closing at $1,296 an ounce. Crude Oil dropped by 1.41%,...

What Is a Risk-Free Rate?

Fri, 17 Nov 2017 16:13

The risk free rate is the rate of return that investors require for investments with no risk. In essence, this return compensates investors for the time value of money. Inflation dictates that money in the future will not purchase as much as it does now, and the risk-free rate compensates investors for the time that their capital is tied up. Typically, treasury rates are used as measures of risk free rates. It is...