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

  • Jerome from France writes about GAINSY:

    Recently I began trading on this platform, just two months. I was attracted by trading conditions and I decided to try starting from $ 500. Please note that the currency is not much, but there are most popular, which is in principle sufficient. In ge...

  • john from UK writes about AvaTrade:

    As an experienced trader, I would highly recommend to any person who likes to trade forex or CFDs, to look into "Avatrade". It’s a good and reliable company, with decent spreads and relatively good service. I don’t know why it’s not ranked high in th...

  • Chaudry Shahid from Pakistan writes about HotForex:

    Tight spread, especially on Cable. This broker is suitable with news trading, I have traded news as nfp and fed but this broker close my positions at my stop loss while previous broker took more than my stop loss level > 40 pips. Fast payment within ...

  • Papaye from France writes about JustForex:

    I trade with this broker for two weeks, because I was so disappointed with Tickmill who is a bad market maker...

    JustForex is a real NDD broker, it is secure to trade with them like JFD Brokers. VERY good execution, no requote, and they don't trade ...

Forex Blog

EUR/USD Fails to Rally on Disappointing US Housing Data

Fri, 24 Feb 2017 16:23

EUR/USD rallied today but has lost all its gains by now. The currency pair attempted to rally after US new home sales missed expectations, but the rally was extremely short-lived. New home sales were at the seasonally adjusted annual rate of 555k in January. The reading was higher...

EUR/USD Rallies as Optimism for Trump's Tax Reforms Wanes

Thu, 23 Feb 2017 16:59

EUR/USD rallied today for the second day in a row. The current trading session was light on economic data, therefore it was not the reason for the rally. The likely reason was the comments from US Treasury Secretary Steven Mnuchin about the planned tax cuts and other reforms. US President Donald Trump...

EUR/USD Accelerates Bounce After FOMC Minutes

Wed, 22 Feb 2017 20:23

EUR/USD fell intraday during the Wednesday's trading session but bounced later due to subsiding concerns about the outcome of the French presidential elections and positive macroeconomic data from the eurozone. The Federal Open Market Committee released hawkish minutes of its January-February policy meeting, yet the currency pair reacted to that...

Forex News

Pound Heads to Weekly Gains Despite Falling on Friday

Pound Heads to Weekly Gains Despite Falling on Friday

Fri, 24 Feb 2017 12:36

The Great Britain pound fell today but remained on track to weekly gains as political uncertainties in the United States and the European Union drew traders' attention away from the Brexit.

Canadian Dollar Rises Against US Peer Ahead of Consumer Price Index Data

Canadian Dollar Rises Against US Peer Ahead of Consumer Price Index Data

Thu, 23 Feb 2017 19:46

The Canadian dollar rose against its US counterpart on Thursday, as traders anticipate the release of the Canadian consumer price index data tomorrow. Another release from the US Federal Reserve on Wednesday contained no strong signals for an interest rate hike in March, which left the greenback unsupported today.

US Dollar Plummets After Steven Mnuchin Interview and Jobless Claims Data

US Dollar Plummets After Steven Mnuchin Interview and Jobless Claims Data

Thu, 23 Feb 2017 17:25

The US dollar today plummeted to new lows today after the US Treasury Secretary Steven Mnuchin failed to clarify the details of Donald Trump's 'phenomenal tax' plan during an interview.

Commodity Blog

Oil Futures Make Gains After Smaller-Than-Expected Inventory Rise

Thu, 23 Feb 2017 18:05

Oil futures climbed on Thursday after new data found a smaller-than-expected rise in US crude inventories. Analysts say that a global supply glut...

Orange Juice Futures Tumble as Volatile Winter Nearly Ends

Wed, 22 Feb 2017 18:12

Orange juice futures are falling on Wednesday as the commodity starts to make an exit from the extremely volatile winter season. This means that the harvest will...

Crude Oil Drops Despite High Compliance to OPEC Cuts

Wed, 22 Feb 2017 17:51

Crude oil dropped today even though the Organization of Petroleum Exporting Countries talked about high compliance to the production cuts announced last year....

Forex Video Zone

Gold Trading Higher

Fri, 24 Feb 2017 16:16

[video]EIPpDs1fTMQ[/video]...

EUR/GBP: A Return to 0.8400 Expected — Forecast — February 24th 2017

Fri, 24 Feb 2017 16:09

In this video, the Trading Central looks at the currency pair GBP/USD for the February 24th session. EUR/GBP — The pair has come under pressure. On the intraday 30-min chart, we can see that the pair has broken above the descending trendline, 2 days ago. However, it peaked at 0.8495 before starting a downtrend. Currently, technical indicators are pointing to a lack of upward momentum for the pair. So, now be careful. We...

WTI Crude Oil and Natural Gas Forecast — February 24th 2017

Fri, 24 Feb 2017 15:30

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the February 24th session. WTI Crude Oil — We tried to rally, but we failed. With that being the case, the $55 level looks to be massively resistive. Until we can break above there, I think that it is going to be difficult to buy. I think that short-term rallies are selling opportunities. We...