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

  • Scharz from Europe writes about Weltrade:

    For the first couple of days everything seemed more or less normal, except small details, but then everything began. Execution speed that was quite good from the very beginning for some reason started to take 20 to 30 seconds and besides, closure of ...

  • Nikolai from Moscow writes about Imperial Global Markets:

    Without a demo account, it's difficult to understand what this broker is actually like, that's why it took me a bit too long to come across Imperial. I wouldn't say that I am satisfied with everything here, especially the need to write a bunch of app...

  • Barasa from South Africa writes about AMarkets:

    There's a great customer support in amarkets, one of the most effective I've ever encountered. I address them from time to time with my issues and problems and they always solve them. What I like especially is the variety of depositing and withdrawal...

  • Ebrahem from Egypt writes about Grand Capital:

    They don't pay , my withdrawal request is pending for along time , and support doesn't answer my emails

Forex Blog

Forex Brokers Update — November 18th, 2018

Sun, 18 Nov 2018 14:09

Another week has passed without new brokers. We have updated the following listings during the week: The descriptions of ICM Capital, IronFX, and iFOREX (Vestle) have been updated to reflect the maximum leverage allowed for regulated brokers by the ESMA — 1:30. JCMFX raised the maximum Forex leverage...

Forex Brokers Unprofitability (ESMA Rules) — November 2018

Sat, 17 Nov 2018 18:17

Quite a lot of time has passed since our last review of Forex brokers customers' profitability report — it had been published with the poll about the possibility of the ESMA CFD/Forex rules renewal. Since then, the rules have been renewed to last at least through February 1, 2019....

Weekly Forex Technical Analysis (Nov 19 — Nov 23)

Sat, 17 Nov 2018 9:49


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1075 1.1145 1.1280 1.1350 1.1484 1.1554 1.1689

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1161 1.1312 1.1366 1.1516

Forex News

Euro Rallies on Dovish Fed Rumors, Declines Despite Weak US Data

Euro Rallies on Dovish Fed Rumors, Declines Despite Weak US Data

Wed, 21 Nov 2018 17:59

The euro today rallied higher against the US dollar in the mid-European session following rumors that the US Federal Reserve would pause its rate hikes in Spring 2019.

Canadian Dollar Rebounds From Five-Month Low Amid Crude Oil Rally

Canadian Dollar Rebounds From Five-Month Low Amid Crude Oil Rally

Wed, 21 Nov 2018 15:11

The Canadian dollar is rebounding from its lowest level in five months on Wednesday as crude oil prices are rallying about 2%. The loonie’s gains were capped by recent dovish comments by a senior Bank of Canada (BOC) official who warned about consumer finances amid rising interest rates.

British Pound Struggles as Markets Await May-Juncker Meeting

British Pound Struggles as Markets Await May-Juncker Meeting

Wed, 21 Nov 2018 12:03

The British pound today struggled to find direction as investors adopted a wait and see approach towards the cable even as Theresa May is set to meet Jean-Claude Juncker later today.

Commodity Blog

Amidst Crypto Crash, Tom Lee's End of 2018 Bitcoin Prediction Remains at $15000

Wed, 21 Nov 2018 16:09

Amidst the recent cryptocurrency market crash, Wall Street strategist, Tom Lee has reiterated his recently reduced end of 2018


Soybean Futures Dip on Mixed Industry Data

Wed, 21 Nov 2018 14:45

Soybean futures are posting modest losses midweek as US farmers are not catching a break in the middle of the trade war. In addition to seeing their inventories...

Orange Juice Falls on Disappointing US Retail Sales

Tue, 20 Nov 2018 15:49

Orange juice futures are sliding on Tuesday after a new report showed disappointing US retail sales. This comes as recent data found that...

Forex Video Zone

How Much Win Ratio Do You Need to Be Successful in Forex

Wed, 21 Nov 2018 17:00

In this video, you will learn about win ratio of your strategy. A high win ratio is not important to be successful. The aim of traders should be making money. The win ratio is calculated in the following way. Win ratio = (number of wins / (number of wins + number of losses)) * 100 For example, your total wins are 7. Your total number of losses are...

Bitcoin Forecast — November 21st 2018

Wed, 21 Nov 2018 13:45

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the November 21st session. Bitcoin/USD — As you can see, the bitcoin market is looking extremely bearish at the moment. Towards the end of Tuesday session, markets saw a little bit of buying. However, this is not enough. Any rally from here showing signs of exhaustion is an opportunity to sell. Until a daily close above the 50-period EMA...

Recap of Asian Trade — November 21st 2018: USD/JPY and AUD/USD

Wed, 21 Nov 2018 13:32

The escalating trade tensions between the US and China has a significant impact on the forex market. This has caused the investors to be risk averse and the greenback has gained. The US dollar index is trading at 96.80. It is expected to go down as low as 96.60. The USD/JPY pair is trading at 113.00. The AUD/USD pair is trading at 0.7240. According to experts, the AUD/USD pair may turn bearish. Investors await the release of macroeconomic...