|23/07/16||Trading industry CEOs opine on Brexit repercussions|
|06/07/16||Desktop platforms still outnumber mobile platforms|
|06/07/16||MetaTrader 5 Web now officially features depth of market|
|06/07/16||HotForex launches real-time market news service|
|30/06/16||CySEC publishes recommendations on how brokers should use liquidity providers|
|30/06/16||Traders copied on eToro during Brexit vote generated a 2.41% return|
|30/06/16||New record at Plus500: 1600 new clients last Friday|
|26/06/16||Post-Brexit: the FCA alludes to new UK legislation for financial regulation|
|22/07/16||How are 4 major banks positioned on 2 major pairs today?|
|08/07/16||GBP/USD: Societe Generale bank confirms head & shoulders figure, indicates targets|
|07/07/16||EUR/GBP, EUR/USD, GBP/USD: Goldman Sachs expects pairs to hit 0.90, 1.08 and 1.30 within 3 months, respectively|
|06/07/16||GBP/USD: Citibank says flow analysis shows more buying of USD and selling of GBP to come|
|05/07/16||EUR/USD: Credit Suisse bank says market should continue to sell rallies, aim for 1.05 in the short term|
The foreign exchange market, also known as the forex market, allows traders to profit from currency movements in real time. The foreign exchange is an interbank market that is open 24h/day, 5 days a week.
The forex market is very liquid; over $5.5 trillion dollars are traded every day between various traders and financial institutions. The most traded currency pair is the euro/dollar (EUR/USD), which represents 28% of all trades.
Online forex trading has been available to individual traders since the 1990s. The number of online brokers has risen sharply in recent years and choosing a broker has therefore become increasingly complicated. However, strong competition between brokers and dealers has significantly improved trading conditions as well as the services that are available to traders.
Currently, it is possible to invest, with just one click, in all of the financial markets with a single trading platform. Spot forex and contracts for differences (CFDs) allow you to invest in currencies, commodities, oil, precious metals, stocks and stock indexes. Thanks to the leverage which forex margin accounts provide, the initial capital required to open an account is not very high. Nevertheless, these types of accounts are not without risk, as leverage increases potential profits, but losses as well.
Forex-Central.net was created to advise and train investors who want to diversify their investments in the financial markets and the forex market. On this site, you will find: articles to learn about forex trading, real time news, as well as free and personalised advice so that you can more effectively train yourself to become a forex trader. To facilitate your search and selection of a trading platform, our forex broker comparison chart provides a selection of the best brokers offering brokerage services worldwide.
Read our beginner's guide to forex trading to learn the basics of forex trading.