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

  • Anrew Tchvertkin from Italy writes about Trade Fintech:

    My experience so far has been good. Earlier before I started joining, I contacted the company to ask for bonus on deposits and they approved it. I had a problem when downloading my MT4 but support responded and helped. No slippage at the moment.

  • Alpari from Alpari writes about Alpari:

    Hello, Sandeep! Please be informed that we cannot influence to the charts. Charts show the prices which are provided by our liquidity providers and all the quotes you can check in your myAlpari account in the ticks history. Specify please your myAlpa...

  • Enver Malots from United Kingdom writes about Trade Fintech:

    I traded with Tradefintech and had good trading experience with this broker. I think that they are more likely reliable than others.

  • Vasil from Romania, Bucharest writes about HYCM:

    Working with HYCM you should be already good at trading from my point of view. There is good conditions but for those who knows his trades. Even the materials are good for those who already knows some basics. By the way, the broker is really fair and...

Forex Blog

Forex Brokers Update — May 20th, 2018

Sun, 20 May 2018 14:57

Another week has passed without new brokers being added to our website. The list of updates to the existing companies is quite short: eToro added new cryptocurrency pairs for trading: BCH/USD, XLM/USD, NEO/USD, and EOS/USD. AMarkets has been marked as registered by the FSA of St. Vincent and the Grenadines. It is also...

Weekly Forex Technical Analysis (May 21 — May 25)

Sat, 19 May 2018 9:52


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1435 1.1593 1.1682 1.1839 1.1928 1.2085 1.2174

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1575 1.1647 1.1822 1.1894

New Position Size Calculator: SL and TP Which Follow Entry Line and Are Set in Pips

Fri, 18 May 2018 19:12

The newest version (2.14) the Position Size Calculator indicator, which is released today, introduces a new way to set stop-loss and take-profit for your potential trade setups. You can set the new input parameters UseFixedSLDistance and UseFixedTPDistance to true to turn this new mode on:...

Forex News

USD Ends Week Second Strongest, Analysts Unconvinced by Rally

USD Ends Week Second Strongest, Analysts Unconvinced by Rally

Sat, 19 May 2018 13:50

The US dollar ended the week as the second strongest currency on the Forex market, losing only to the Swiss franc. Yet some market analysts said that the rally was unconvincing due to a range of political factors that were weighing on the greenback.

Canadian Dollar Declines Against US Dollar on Weak Canadian CPI

Canadian Dollar Declines Against US Dollar on Weak Canadian CPI

Fri, 18 May 2018 14:40

The Canadian dollar today dropped significantly against the US dollar following the release of disappointing Canadian CPI data in the early American session. The loonie's losses were further compounded by the stronger US dollar, which was boosted by rising US Treasury yields.

EUR/USD Trades Sideways as US Dollar Rally Wanes, Later Declines

EUR/USD Trades Sideways as US Dollar Rally Wanes, Later Declines

Fri, 18 May 2018 11:18

The EUR/USD currency pair was in a consolidative phase during the Asian session even as US Treasury yields hit new highs overnight and the greenback rally lost some momentum.

Commodity Blog

Commodities Technical Analysis, May 21st — May 25th

Sun, 20 May 2018 13:06

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of May 20th,...

Gold Steadies Amid Stalled US-China Trade Talks, Higher Treasury Yields

Fri, 18 May 2018 15:51

Gold futures are steadying at the end of the trading week, but the precious metal is poised for its second straight weekly loss after a month of consecutive...

Wheat Rallies on Weather Concerns, Corn & Soybean Drop

Thu, 17 May 2018 19:14

Futures for wheat rallied today amid concerns about impact that weather may have on winter crop. Prices for corn and soybean declined. Market participants...

Forex Video Zone

Fibonnaci Channel — MetaTrader Terminal

Sun, 20 May 2018 14:46

This video is devoted to the Fibonacci channel in the MetaTrader terminal. To impose this channel on the chart, use the sequence, insert, channels, Fibonacci. The Fibonacci channel is probably the most difficult element for plotting on the chart. The ability to use it indicates a high level of professionalism in the forex market. The advantage of this channel is that it not only shows the boundaries of the trend, but it also shows various important levels. Having...

Trading Forex — Profitable Currency Trading — No Previous Experience Necessary

Sun, 20 May 2018 14:02

Profitable currency trading is within everyone's reach, but only a minority succeed. The reason for this is that most traders don't treat is a business and don't approach currency trading with a set plan. No previous experience necessary for profitable currency trading. Treat is as a business with a set plan and you will succeed even if you have never traded before. Here is a plan...

WTI Crude Oil and Natural Gas Forecast — May 18th 2018

Fri, 18 May 2018 17:48

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the May 18th session. WTI Crude Oil — As you can see that the shooting star formed at the $72 level is a negative sign, but really I think at this point, what we are looking at is a pullback to $70 to build up the necessary momentum. Otherwise, if we can break above the top of this candle,...