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

  • Harald Kerlin from Germany writes about AAATrade:

    I have been trading with them more than a year now and I never had any major issue since my registration and verification which took several days. They have many assets and their platform is smooth. Customer support is fast and efficient too.

  • Just Ray from Italy writes about Grand Capital:

    I have been with this broker for ages now and for me it is definitely one of the top brokers out there. I would really recommend them if you are looking for a reliable broker where you can use an EA. My EA works perfect with them and I have never had...

  • AvaTrade from Dublin writes about AvaTrade:

    Hello, Vahid!

    Thank you for posting your review.

    I have already contacted you personally via email. The case was investigated when it happened, and it was concluded that there was no technical issue at the time.

    Kind Regards,

    The AvaTrade ...

  • Rich from Australia writes about Coinexx:

    Good broker, great spreads, low commissions, wide array of instrument to trade on, spotless execution and trading platform. We should have more brokers like coinexx. I wasn’t very uncomfortable with the idea that they are only crypto, in the beginnin...

Forex Blog

Forex Brokers Update — August 19th, 2018

Sun, 19 Aug 2018 14:15

One new company has been listed on during the last two weeks: Evolve Markets — a purely offshore Forex/crypto broker with MT4 and MT5 platforms and very low barrier to start trading. Deposits are accepted via crypto and no documents are required to begin live trading and to withdraw...

Weekly Forex Technical Analysis (Aug 20 — Aug 24)

Sat, 18 Aug 2018 9:52


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1200 1.1251 1.1344 1.1394 1.1488 1.1538 1.1632

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1261 1.1366 1.1405 1.1510

EUR/USD Gains on Optimism About US-China Trade Talks

Fri, 17 Aug 2018 15:06

EUR/USD rose today, extending its bounce, on reports that the United States and China will resume trade negotiations. While those will be low level exploratory talks, market participants were happy to see that the world's two biggest economies want to find compromise and avoid trade wars....

Forex News

Canadian Dollar Flat After Better-Than-Expected Inflation, Traders Eye Retail Sales

Canadian Dollar Flat After Better-Than-Expected Inflation, Traders Eye Retail Sales

Mon, 20 Aug 2018 18:02

The Canadian dollar is looking for direction on Monday after the government reported better-than-expected inflation numbers. Investors will now look ahead to retail sales data later this week, as well as keep a close eye on the US central bank head’s annual speech at Jackson Hole.

Euro Stabilizes on Italian Budget Concerns Amid Recovering US Dollar

Euro Stabilizes on Italian Budget Concerns Amid Recovering US Dollar

Mon, 20 Aug 2018 15:49

The euro today traded sideways against the US dollar amid market concerns regarding the infrastructure spending plans of the Italian government. The recovery by the US dollar earlier today drove the EUR/USD currency pair lower, but the pair has since recovered most of its losses to trade sideways.

Pound Gains on Monday Despite Falling House Prices

Pound Gains on Monday Despite Falling House Prices

Mon, 20 Aug 2018 11:48

The Great Britain pound rose against its major rivals today. It was surprising, considering that Britain's macroeconomic data was not good and the Brexit worries continued to weigh on the currency.

Commodity Blog

Gold Poised for Biggest One-Day Gain in August

Mon, 20 Aug 2018 16:59

Gold futures are on track to record their biggest one-day gain in August as the yellow metal tries to return above the crucial $1,200 mark. Gold has...

Commodities Technical Analysis, August 20th — August 24th

Sun, 19 Aug 2018 10:13

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of August 19th,...

Crude Oil Gains on Friday, Still Logs Weekly Losses

Fri, 17 Aug 2018 20:54

Crude oil rose on Friday but still posted losses for the third week in a row. One of the biggest problems for the commodity lately were fears of trade wars...

Forex Video Zone

Bitcoin Forecast — August 20th 2018

Mon, 20 Aug 2018 17:08

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the August 20th session. Bitcoin/USD — We have got a pretty good day, about 3.5% up again. A lot of consolidation, you could make an argument for a bit of a bottoming pattern during the week. as we continue to find support at 6,000. There is not a lot of volume, but not a lot of selling pressure either. So, that is something...

Bid, Ask Price, and Spread in Forex Trading

Mon, 20 Aug 2018 16:46

In this video, we will focus on the bid, ask, and the spread in the forex market. First, we will focus on the pricing structure for the currency pairs. On the right hand side here, is the price for this currency pair. Some brokers tend to use 5 decimal places, some tend to use 4. Let us look at the market where the price is 1.35507. This is the EUR/USD pair chart. The euro is the base currency....

EUR and GBP Trading Flat Against USD

Mon, 20 Aug 2018 14:55

The US dollar has halted its advance for a while. Thus, the European currencies are taking advantage to win back earlier losses. The pound sterling is showing a strong dynamic. Today, the GBP/USD pair is trading close to 1.2740, having gained about 40 pips since Friday. The pair is still higher amid expectations for the next round of the Brexit talks. Tomorrow, UK Brexit Secretary Dominic Raab will...