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

  • Dai Duong from Ho Chi Minh writes about LMFX:

    I started trading with LMFX from end of 2016, I did try demo for 1-2 months before trading live. I noticed this broker through a promotion on my forex forums with Phone bonus that was very easy to acquire. Starting from Feb this year, I decided to de...

  • Teodor from Portugal writes about Trade12:

    I also would like to share my opinion of Trade12.

    One guy suggested this broker to me when i as looking for an ecn broker provider. At first i was unsure if i will open an account because there were bad reviews. I was really interested so i email...

  • Nasrin Sultana from Bangladesh writes about Fort Financial Services:

    Fort financial services is an excellent forex broker who is offering a usd 5 no deposit bonus. You can register and get the bonus after your account is verified. Verification is also easy and fast. Then you can withdraw maximum of usd 50 after tradin...

  • Gary from London writes about PaxForex:

    Dear Spasoje Kulasevic,

    We are sorry to hear about your lost.

    We appreciate all fair and trustworthy feedbacks about our trading services.

    We have checked your account history of July 5th,2017 and found Gold Sell positions which were held for ...

Forex Blog

EUR/USD Rallies Despite Political Turmoil in Spain

Thu, 19 Oct 2017 21:15

EUR/USD rallied today, demonstrating strength that was surprising considering that political turmoil in Spain persisted. Meanwhile, two of the three important economic reports released in the United States today were good, while the leading indicators demonstrated a surprising drop, being the only negative release. Initial jobless claims fell...

EUR/USD Bounces from Daily Low, Logs Small Gain

Wed, 18 Oct 2017 21:51

EUR/USD was falling during the first half of the Wednesday's trading session, but reversed its movement later and settled with a gain, albeit a small one. The worse-than-expected housing data released in the United States during the session probably contributed to the bounce of the currency pair. Housing starts were at the seasonally adjusted annual...

EUR/USD Dips on Prospects for Hawkish Fed Chair

Tue, 17 Oct 2017 20:15

EUR/USD dipped today amid speculations that a new Federal Reserve chief may be a hawk. Market participants consider a December interest rate hike almost a guarantee and think that another rate increase is possible in the first half of 2018. All that is bullish for the dollar, and the set of decent economic...

Forex News

Japanese Yen Mixed During Thursday's Trading

Japanese Yen Mixed During Thursday's Trading

Thu, 19 Oct 2017 18:50

The Japanese yen rallied against such most-traded rivals as the US dollar and the Great Britain pound during the current trading session. At the same time, it was unable to gain on the European currencies like the euro and Swiss franc, which is surprising considering the political turmoil in Europe, specifically in Spain.

NZD/USD Tumbles Almost 2% as New Zealand Coalition Government Forms

NZD/USD Tumbles Almost 2% as New Zealand Coalition Government Forms

Thu, 19 Oct 2017 18:08

The New Zealand dollar tumbled almost 2% against its US peer and more than 2% against such currencies as the euro and the Japanese yen. The reason was the slump was the news that the leftist Labour Party joined with the populist right-wing New Zealand First party to form a coalition government.

British Pound Plummets for Second Consecutive Day on Weak Retail Sales

British Pound Plummets for Second Consecutive Day on Weak Retail Sales

Thu, 19 Oct 2017 16:05

The British pound fell against most of its peers for the second day in a row on Thursday, following the release of lower than expected retail sales data in the United Kingdom. The weak consumer demand continued a trend of disappointing economic releases over the past few days, as inflation rose while wage growth lagged behind.

Commodity Blog

Wheat Futures Rebound from Six-Day Low

Thu, 19 Oct 2017 16:43

Wheat prices are edging higher on Thursday, rebounding from six-day lows. Any gains in wheat prices were capped by surging supplies, particularly in the Black...

Metal Prices Remain Depressed Due to Strong Dollar

Wed, 18 Oct 2017 18:23

Prices for precious metals remained depressed today as the US dollar continued to receive support from monetary tightening expectations. Unlike yesterday, spot prices...

Oil Prices Mixed amid Drop in US Crude Supplies, Middle East Tensions

Wed, 18 Oct 2017 16:41

Oil futures are mixed on Wednesday following a new US government report that found domestic supplies declined. Crude oil prices have also...

Forex Video Zone

What Makes Oil Traders Unhappy?

Thu, 19 Oct 2017 15:22

Today, oil prices took a nosedive after the report on Crude Oil inventories had been released in the United States. Thus, the Energy Information Administration reported that the stocks of distillate fuel oil increased by 528 thousand barrels for a week while the stocks of motor gasoline advanced by about 900 thousand barrels. At the same time, the stockpiles of Crude Oil decreased. The US oil storage facilities lost 5 million 731 thousand...

USD Trading with Mixed Dynamic in Asian Session

Thu, 19 Oct 2017 14:34

A large batch of macroeconomic data was released during the Asia Pacific session. In the early Asian trade, the USD/JPY pair rose above 113.00, the highest level in two weeks. In the European premarket, the pair is making a downward correction. Analysts expect the pair to trade around 112.80. Japan presented a foreign trade report, which revealed a notable increase in trade proficit. Japan's trade balance for September was a surplus of 670 billion yen....

Pound Falls Amid Weak UK Data

Thu, 19 Oct 2017 14:14

Today, the British pound fell to a Wednesday low amid weak economic data from the UK. According to official data, the UK retail sales decreased by 0.8% in September. Economists expected a smaller fall. On a year on year basis, the corresponding index sank to a 4-year low in the third quarter. According to experts, these weak data will affect the GDP estimate for the third quarter. Analysts expect the British economy to slow down in the near future....