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

  • Carlos from Spain writes about IFC Markets:

    I've been trading Forex for more than 6 or 7 years with IFC Markets and I've never had any problem.

    I use their own trading platform and seems to work reasonably well. I can't say anything negative about this company, which I think is a good sign....

  • Amir Leon from Noord-Holland writes about Profiforex:

    My wife mentioned Profiforex and convinced me to open an account using our company profile. From my experience, Profiforex was worth the effort. The platform performs fast. There was a time I had a bitcoin deposit delay, it was taking too long to con...

  • iqbal from pakistan writes about AAAFx:

    Not recommend to anyone, Deposit fee $8 lot commission 0.01 = $0.20 and when you will withdraw its $25 fee.

    Keep away `from this broker.

  • Lucas Nilsson from Sweden writes about Admiral Markets:

    Admiral Markets are great in their attempt to broaden the knowledge of their traders. The ultimate website and platform to polish your trading skills.

Forex Blog

EUR/USD Down During Quiet Trader as Dollar Recovers

Tue, 22 Aug 2017 14:52

The US dollar was rebounding against its rivals today. That led to the drop of EUR/USD currency pair, which basically erased yesterday's gains. The disappointing eurozone economic sentiment was not helping the matter either. Meanwhile, US manufacturing was surprisingly robust this month, bolstering the greenback further. Overall,...

GBP/NZD Consolidates in a Symmetrical Triangle After a Fall

Sun, 20 Aug 2017 12:00

The pound had experienced a rather strong rally against the New Zealand dollar from the beginning of 2017 through the middle of May. It then entered a similarly rapid downtrend, which stalled near the end of June. Since then, the currency pair entered a consolidation phase, which has now took a form of a symmetrical...

Forex Brokers Update — August 20th, 2017

Sun, 20 Aug 2017 11:43

One new broker has been added to the list of FX companies on our website this week: Global Prime — a regulated Australian broker with MT4 platform and $500 minimum account size. It offers very low fixed spreads but charges commission for trading. The maximum leverage is 1:200....

Forex News

Canadian Dollar Touches Highest Level in Three Weeks on Strong Retail Sales

Canadian Dollar Touches Highest Level in Three Weeks on Strong Retail Sales

Tue, 22 Aug 2017 16:05

The Canadian dollar rose against its US counterpart on Tuesday to touch the highest level in three weeks. The loonie also had broad gains against other major peers as Canadian core retail sales posted a strong increase in June, according to fresh data released today.

GBP/USD Tests New Lows Despite Positive UK Public Finances Data

GBP/USD Tests New Lows Despite Positive UK Public Finances Data

Tue, 22 Aug 2017 13:50

The GBP/USD currency pair today hit new lows despite the release of positive public sector finances data by the Office for National Statistics. The pair's decline was further precipitated by the higher buying pressure around the US dollar even as political tensions in Washington DC abate.

Swiss Franc Demonstrates Uninspiring Perfomance

Swiss Franc Demonstrates Uninspiring Perfomance

Tue, 22 Aug 2017 12:41

The Swiss franc's performance was not impressive today despite the widening trade balance surplus. The Swissie fell against the US dollar and was little changed against most other rivals.

Commodity Blog

New Bitcoin Low Today, Possible Reversal and Weekly Technical Analysis

Tue, 22 Aug 2017 16:45

Bitcoin has had a very impressive month, characterized by a slew of broken all-time highs, but the latest sweeping correction, has confirmed the end of this bull-run...

Copper Hits Highest Level Since November 2014, Touches $3 Mark

Tue, 22 Aug 2017 16:40

Copper futures surged to their highest levels in nearly three years on Monday as the industrial metal topped the $3 mark. The red metal has climbed more...

US Political Turmoil, Renewed North Korean Tensions Push Gold Closer to $1,300

Mon, 21 Aug 2017 16:53

Gold futures are inching closer to the important $1,300 threshold. With investors losing confidence in President Donald Trump and his ability to enact a pro-business...

Forex Video Zone

European Traders Turn Pessimistic

Tue, 22 Aug 2017 16:32

Today, after barely touching a week high, the EUR/USD pair is sinking amid the release of important statistics that showed a decline in economic sentiment in Germany and the eurozone. According to the report prepared by the Center for European Economic Research, the German economic sentiment fell to 10 in August from 17.5 in July, below market consensus of 14.8. It was the lowest reading since October last year. However, despite this, the ZEW...

Gold Loses Momentum Ahead of Friday’s Event

Tue, 22 Aug 2017 15:46

Gold prices declined in early deals today. Traders are waiting for the key financial event, so the precious metal became less attractive. Thus, gold futures declined by 0.6% from the level of $1,292 per troy ounce. The price corrected to the level of $1,285.73. Gold retreated from the highest level in nearly a year. Lately, the precious metal enjoyed high demand thanks to its safe-haven appeal on the back of tensions between the United States...

What Is Forex? Understanding Forex Quotes

Tue, 22 Aug 2017 10:24

The Forex quote always consists of two currencies, the value of one is reflected through the value of another. The first currency listed on the left is the base currency, while the currency on the right is called the quote currency. So, for example, if USD/JPY is trading at 105.00, it means it takes 105 yen, the quote currency to buy $1, the base currency. If EUR/USD is 1.35, it means it takes 1.35...