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FOREX — the foreign exchange (currency or forex, or FX) market is the biggest and the most liquid financial market with the daily volume of more than $3.2 trillion. Trading on this market involves buying and selling world currencies taking the profit from the exchange rates difference. Forex trading can yield high profits, but it is also very risky. Everyone can participate in Forex trading via the Forex brokers.

Don’t forget to check and bookmark my Forex blog to get the latest updates about Forex market and this site’s content. You can also join a friendly Forex traders community at the Forex Forum.

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Latest Brokers' Reviews:
CERIROMANDIAS from Indonesia writes about FX|Clearing:

I got problem with deposit, but that\'s my fault, i have different names in my paypal account. and when i asked to refund the money, they refunded my money in a 6 hours. very fast. recommended and trusted.

keng from Thailand writes about AC Trading:

I deposit and the balance is not. No email response. I send all questions to the e-mail. But it has not been replied. But I was fortunate to transfer money via paypal to the paypal notify it is to help

They help out until the refund.

J\'mea from Malaysia writes about InstaForex:

Until now i'm still with Instaforex since early opening and i was satisfied the services they offered. Never missed the income from affiliate/referal, very supporties online support and fast payment for withdrawal. Hope instaforex will keep maintain ...

Latest Forex News
Pound Falls on Global Economic Outlook
Fri, 16 Jul 2010 10:37

The Great Britain pound slipped today amid speculations that the slowing global economic recovery would decrease the attractiveness of the currencies tied to the growth.

Pessimistic Outlook for U.S. Economy Bolsters Yen
Fri, 16 Jul 2010 10:06

The Japanese yen rose today on the speculation that the Federal Reserve would keep the interest rates at current record low level as the U.S. economic growth shows signs of the slowdown.

Canadian Dollar Goes Down on Concerns for U.S. Economy
Thu, 15 Jul 2010 20:34

The Canadian dollar weakened today after the economic growth in the U.S., the biggest Canada’s trading partner, showed the signs of the slowdown, possibly reducing demand for the Canadian exports.

Dollar Falls as U.S. Economic Expansion Slows
Thu, 15 Jul 2010 15:40

The U.S. dollar fell today against the euro and the yen as the macroeconomic indicators suggested that the economic expansion in the U.S., while continues, is slowing its pace, curbing the appeal of the U.S. currency.

Latest Glossary Entries
Gap — a difference between the previous period's close price and the next period's open price. In Forex usually only occurs during weekends — between the Friday's close and the Monday's open price.
STP (Straight Through Processing) — an order processing that doesn't require any manual intervention and is fully automatic. In fact, 99.9% of all on-line Forex brokers support order handling with STP.
RSI (Relative Strength Index) — indicator that measures of the power of direction price movement by comparing the bullish and bearish portions of the trend.

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