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

  • Dan A. from Cameroon writes about Fort Financial Services:

    My first impressions were not great but I gained a lot of respect for FortFS. There was a misunderstanding at first and I lost my bonus but they can admit when they were wrong and solved the issue with my order. The live chat was super helpful. I wil...

  • S.Smith from United States writes about Coinexx:

    This was my first time purchasing bitcoin to fund an account. I got an address from the terminal it took me about an hour to figure everything out. I purchased through Coinbase so it took a long time going through all the confirmations so I just chec...

  • Merry Balti from Finland writes about ForexChief:

    What they offer is exactly what is written in their website. I have noticed the spreads are even lower. There have been a couple of platform freezing when there is important economic news update. Still, my overall experience with the broker is positi...

  • Anna from Ukraine, Lviv writes about IFC Markets:

    As many of us I have traded with several companies and there is something I noticed:

    Info on official website not always represent the facts!!! It just makes me crazy every time.

    And there is why I am writing my first review about any broker:

    Inf...

Forex Blog

EUR/USD Volatile due to ECB Policy Announcement

Thu, 13 Dec 2018 21:03

EUR/USD was extremely volatile today, rising ahead of the policy announcement from the European Central Bank, falling sharply after the release, but rebounding to almost flat by the end of the Thursday's session. ECB President Mario Draghi announced an end to the quantitative easing program but made dovish remarks, sending the currency pair ...

EUR/USD Climbs as US Inflation Stagnates

Wed, 12 Dec 2018 20:35

EUR/USD rallied today after data showed that US inflation stalled last month. The general positive market sentiment also helped the currency pair. CPI showed no change in November, exactly as analysts had predicted. The index was up 0.3% in October. (Event A on the chart.) US crude oil inventories...

Global VPS Provider with Customizable Plans — Kamatera

Wed, 12 Dec 2018 20:14

Kamatera does not focus on currency traders specifically, however the company offers a rather inexpensive Windows VPS hosting, which can be used to run your favorite trading platform. Their data centers are located in seven different countries (with multiple sites in the United States and Israel), making them...

Forex News

Euro Rallies Ahead of ECB Rate Decision, Drops on Dovish Draghi Speech

Euro Rallies Ahead of ECB Rate Decision, Drops on Dovish Draghi Speech

Thu, 13 Dec 2018 17:44

The euro today rallied before the European Central Bank rate announcement, but dropped lower after the dovish comments made by the ECB President following the announcement. The pair headed lower in the American session despite the release of disappointing American macro data.

Japanese Yen Extends Losses As Data Misses Expectations

Japanese Yen Extends Losses As Data Misses Expectations

Thu, 13 Dec 2018 16:50

The Japanese yen is weakening against its US counterpart on Thursday after new data missed market forecasts. The currency is now looking to find direction on news that the federal government is aiming to allow more foreign workers to fill the labor gap in the world’s third-largest economy.

Franc Flat-to-Higher Despite Downgrade of SNB Inflation Forecast

Franc Flat-to-Higher Despite Downgrade of SNB Inflation Forecast

Thu, 13 Dec 2018 16:37

The Swiss franc was relatively strong today, trading flat against some currencies while gaining versus others. That was surprising, considering that the central bank left interest rates in the negative territory and lowered inflation projections.

Commodity Blog

Natural Gas Rises As Weekly Supplies Fall

Thu, 13 Dec 2018 15:58

Natural gas futures are trading higher after the US government reported that domestic inventories declined as the market had anticipated this week. Despite...

Oil Gains on Second Straight Drop in Crude Inventories

Wed, 12 Dec 2018 16:21

Crude oil futures are trying to muster up a rally midweek after the US government reported a decrease in domestic inventories for the second consecutive week. Oil...

Crude Oil Gains as Russia Announces Production Cuts

Tue, 11 Dec 2018 22:22

Crude oil rallied on Tuesday thanks to the news that Russia agreed to join production cuts after all. The positive general market sentiment, caused by the ...

Forex Video Zone

Always Be Suspicious About Get Rich Quick Schemes

Thu, 13 Dec 2018 16:40

In this video, you will learn about the dangers of believing forex as a get rich quick scheme. You may come across fancy advertisements about magic indicators or forex robots that can make you lots of money in a short time. However, they are talking about unrealistic profits. It only takes lots of time to master this field. For example, consider learning a language. As you can see,...

USD/MXN Forecast — December 13th 2018

Thu, 13 Dec 2018 15:58

In this video, the Trader Guy looks at the USD/MXN pair for the December 13th session. USD/MXN — The markets have fallen towards the lower trendline of the rising wedge pattern. It attempted to break below the trendline, but found the 20.00 level to be too supportive. Beneath, there is the 50-day EMA which could prove to be supportive as well. A break below this wedge, then the 19.50 level to the downside could be...

Traders Alert to Fed and ECB Policy Meetings — November 13th 2018

Thu, 13 Dec 2018 13:27

A monetary tightening by the Fed looks less likely in 2019. The inflation data released by the US did not sound positive for the greenback. Hence the Fed could change its hawkish stance when it comes to monetary policy. The US dollar index is trading at 97.00. The USD/JPY pair is trading at 113.40. The AUD/USD pair is trading at 0.7240. Investors are waiting to know the outcome of the policy meeting...