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

Chinese Yuan Struggles for Direction As Market Braces for Corporate Defaults

Chinese Yuan Struggles for Direction As Market Braces for Corporate Defaults

Tue, 20 Nov 2018 16:59

The Chinese yuan is struggling to find direction against its American counterpart on Tuesday as the market weighs several stories impacting the national economy. From President Donald Trump’s latest swipe on Beijing to the rising tide of corporate defaults, China is bracing for a lot of pressure heading into next year.

Pound Drops on Brexit and Political Jitters Amid BoE Speeches

Pound Drops on Brexit and Political Jitters Amid BoE Speeches

Tue, 20 Nov 2018 14:56

The British pound today declined slightly against the US dollar even as Brexit jitters continued to weigh down the cable. The pound was further affected by the DUP's resistance to the current Brexit deal given that Theresa May needs the 10 votes from DUP members led by Arlene Foster in order to have a majority in the House of Commons.

Aussie Declines Following Release of RBA Minutes, IMF Forecast

Aussie Declines Following Release of RBA Minutes, IMF Forecast

Tue, 20 Nov 2018 12:17

The Australian dollar declined today after the Reserve Bank of Australia released minutes of its latest policy meeting. The release was unlikely the cause of the decline, though, as the central bank retained its neutral stance. The more likely reason for the drop was the risk-off sentiment on markets.

Commodity Blog

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...

Bitcoin Price Crashes Below $5,000: Is $1,500 Next?

Mon, 19 Nov 2018 19:07

Analysts at Bloomberg Intelligence predict that whilst the cryptocurrency markets have tanked over the past few days, the flagship cryptocurrency,...

Gold Sideways As Dollar Declines, Equities Plunge

Mon, 19 Nov 2018 17:50

Gold futures are struggling to find direction to kick off the trading week as the greenback tumbled and the equities market plunged. The yellow metal, which notched a modest...

Forex Video Zone

Early North American Trade — November 20th 2018: EUR/USD

Tue, 20 Nov 2018 16:32

The EUR/USD pair is trading at 1.1420. The euro has found support due to the dovish stance of the Federal Reserve in terms of its monetary policy. The budget issues in Italy did not impact the euro much. The US dollar index is trading at 96.20. Investors await a report on durable goods orders. The escalating trade tensions between the United States and China is having a significant impact on the markets at the moment. Investors...

Bitcoin Forecast — November 20th 2018

Tue, 20 Nov 2018 10:40

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the November 20th session. Bitcoin/USD — Bitcoin market is looking extremely bearish now. As you can see on the daily chart, the selling goes on. With the 5,000 level broken, it should act like resistance. If the selling pressure continues, then the 4,000 level is the target to the downside. Any rallies that show signs of exhaustion is...

Daily Market Roundup — November 20th 2018

Tue, 20 Nov 2018 10:27

The euro and the yen are bullish. The greenback is looking bearish. Also, the stock market is in a bear run. The EUR/USD pair is rising. It has support located below at 1.1445. The resistance levels are 1.1547, 1.1572, and 1.1633. The support levels are 1.1445, 1.1393, and 1.1368. The USD/JPY pair is showing a bearish sentiment. It has strong resistance located at 112.66. The resistance levels are 112.66, 113.05, and 113.66. The support...