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

  • Tim from United kingdom writes about GAINSY:

    I trade not frequently, but for quite considerable period of time already. After 8 years of my live trading experience have passed, I can say that broker is reliable. I have been with the company from the time CHF made impact at the beginning of 2015...

  • Harish from United Kingdom writes about AAATrade:

    Their webinar on the COT report was indeed remarkable which is why i joined. I made a deposit of a few hundreds to test them out and will top up with more if im happy. but so far so good, no complain or negative comment whatsoever,

  • Oliver from UK writes about Coinexx:

    I am thoroughly impressed by the quality of their spreads especially on cryptos which is what I am currently trading. Spreads always stay within the stipulated range there’s never been any slippage issue. That’s great considering cryptos can get very...

  • Maximilian from Romania writes about AAATrade:

    I have traded with many brokers but I stick with aaatrade because they are solid and they know their business very very well. they are a truly professional broker and we had a good relationship long time now

Forex Blog

EUR/USD Rallies, Keeps Gains After Positive US Macroeconomic Releases

Thu, 20 Sep 2018 15:18

EUR/USD was rising during the Thursday's trading session. While the currency has halted its rise following the release of mostly positive macroeconomic data in the United States, it managed to keep most of its gains. Philly Fed manufacturing index climbed from 11.9 to 22.9 in September, above the average...

EUR/USD Attempts to Hold onto Gains as US Yields Surge

Wed, 19 Sep 2018 17:36

EUR/USD attempted to rally today but retreated as yields for 10-year US treasuries surged, breaking the 3% level this week, and today's macroeconomic data released from the United States was mostly good. The currency pair was still hanging above the opening level. Housing starts were at the seasonally adjusted annual...

EUR/USD Backs Off After US-China Trade Tensions Escalate

Tue, 18 Sep 2018 20:34

EUR/USD attempted to rally today but failed as trade tensions between the United State and China escalated. Macroeconomic data had little impact on the currency pair as there were very few reports released at the start of the week. Net foreign purchases were at $74.8 billion in July. That is...

Forex News

NAFTA, Higher Energy Prices Push Up the Canadian Dollar

NAFTA, Higher Energy Prices Push Up the Canadian Dollar

Thu, 20 Sep 2018 13:38

The Canadian dollar is trading higher on Thursday on higher energy prices and renewed North American Free Trade Agreement (NAFTA) negotiations between Canadian and US officials. With NAFTA talks at a standstill, the loonie has been finding support from rallying crude oil, allowing the currency to near a three-week high.

Pound Rallies on Upbeat UK Retail Sales and Weak US Dollar

Pound Rallies on Upbeat UK Retail Sales and Weak US Dollar

Thu, 20 Sep 2018 10:56

The British pound today rallied higher against the US dollar following the release of the latest UK retail sales data in the early European session, which beat expectations. The GBP/USD currency pair hit new 2-month highs following today's releases and the weaker US dollar, but remains susceptible to Brexit headlines.

Chinese Yuan Strengthens Despite Economic Warnings at WEF

Chinese Yuan Strengthens Despite Economic Warnings at WEF

Wed, 19 Sep 2018 16:52

The Chinese yuan is strengthening midweek against its American counterpart, despite warnings from officials about the national economy. The Chinese economy was a key subject of discussion at this year’s annual World Economic Forum (WEF) in Tianjin.

Commodity Blog

Soybeans Rebound From 10-Year Low Amid Record US Crop

Thu, 20 Sep 2018 14:21

Soybean futures are rebounding from their worst levels in a decade on Thursday. Soybean, which has been in the middle of the escalating trade dispute between the US...

US Crude Climbs Above $70 As Domestic Supplies Fall

Wed, 19 Sep 2018 15:45

US crude oil futures are surging more than 1% midweek after the US government reported domestic supplies tumbled. While the crude market...

Copper Futures Surge 3% As Investors Shrug Off New Tariffs

Tue, 18 Sep 2018 16:03

Copper futures surged as much as 3% on Tuesday as investors shrugged off the latest developments in the US-China trade war. The industrial metal has fallen sharply...

Forex Video Zone

Daily Market Roundup — September 20th 2018

Thu, 20 Sep 2018 16:57

Market participants are going through indecision with the lack of strong fundamentals. We can see a triangle pattern in the EUR/USD pair. It has supported located at 1.1659. The resistance levels are 1.1732, 1.1759, and 1.1875. The resistance levels are 1.1659, 1.1609, and 1.1566. The USD/JPY pair is nearing the lower end of the bullish price channel and is expected to breakdown to the downside. The resistance levels are 112.57, 113.13, and 114.18. The support...

What Is Forex Trading — Why It's So Simple — Free Forex Training (Part 2)

Thu, 20 Sep 2018 16:20

This is part 2 of the series. After I understood what forex is, I quit my job, and started trading forex. Then it became possible for me to live a lifestyle that I wanted to. Forex is not at all complex, but simple. When you have travelled abroad and when you had to exchange your currency for the US dollars, then you have done a foreign exchange transaction. However, it is...

The Importance of Risk Management

Thu, 20 Sep 2018 15:10

Risk management is the key element in forex trading that divides between winners and losers. In the absence of risk management, even a good forex trading strategy will fail. Risk management comes in the form of limiting your lot size, using stop-loss, trading during certain trading session, and hedging. A good forex trader should first learn risk management besides exploring strategies. Making profits is not important,...