Forex Trading Explained - Become a successful forex trader!

Fx, foreign exchange or the forex market is the world's most liquid and largest financial market. We are here to guide you and explain the fx market, where the exchange of currencies (e.g. USD, EUR, bitcoins) takes place.

Latest Analysis

Taper Nervous Breakdown

Published January 4, 2021 by: Michael Pento

The next time the Fed reduces its bond purchase program the market reaction should be more like a nervous breakdown… Continued

Markets end 2020 in “risk on” mode

Published January 4, 2021 by: Steve Miley (The Market Chartist)

Macroeconomic/ geopolitical developments Trump finally signed the $900 billion COVID relief bill, a relief for markets.The EU-UK trade deal finally… Continued

US Dollar ends 2020 still very weak!

Published January 4, 2021 by: Shaun Downey

Major reversal on EuroPound Breaks upUS Dollar-CAD fails at major resistanceKiwi support rises Continued

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Currency Converter

Learn How To Trade

Forex Trading Tips – 28 Pointers That Will Help You Succeed. Thank Us Later…

By: James West

Though often touted as a way to get rich quickly and effortlessly, Forex Trading will have most of its traders lose. You do not have to be one of the losers though. Just heed the tips we’ve rolled out below for the Indian trader and you’ll be on your way to Forex trading success. 1. Traders from India – be sure to know your trading… Continued

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Top Brokers in UAE

Broker	Pros	Features
Founded: Reg: Central... HQ: Ireland... 4.9/5 97/100	- 20% New Member Bonus. - Global regulated broker across 5 continents within 6 jurisdictions - Superior trading conditions for short selling/scalping - Ultra low spreads with fast and reliable order execution - Wide range of educational materials - Innovative trading mobile apps (AvaTradeGo, AvaOptions, AvaSocial)	Min. Deposit: $100 Pairs Offered: 45+ Leverage: EU - Up to 30:1, Professional Client/ROW up to 400:1I Withdrawal Process Time: 1-2 business days. Trust Score: 97/100	Free Demo Sign Up
Founded: Reg: ASIC, F... HQ: Austral... 4.7/5 94/100	- ASIC, FCA, SCB, DFSA, CMA, CySec and BaFin regulated broker - Segregated client funds in tier 1 banks. - Awarding-winning client support from our team 24/5. - Low latency, fast execution in under 30ms. - Get consistently competitive spreads and low commissions from 0.0 pips.	Min. Deposit: $200 Pairs Offered: 180 Leverage: Up to 1:500 Withdrawal Process Time: 2-3 business days Trust Score: 94/100	Read Pepperstone Review Free Demo Sign Up
Founded: 2014 Reg: CySEC... HQ: Cyprus... 4.7/5 94/100	- Social Trading Available - MetaTrader 4 Support - Excellent Support	Min. Deposit: $200 Pairs Offered: 50 Leverage: 1:30 for retail, up to 1:200 for Pro Withdrawal Process Time: Within a day Trust Score: 94/100	Read Tradeo Review Free Demo Sign Up
Founded: Reg: FCA, Cy... HQ: UK, Cyp... 4.8/5 96/100	- Fast withdrawal - Real Cryptos, Stocks - 2000+ assets - Copytrading - Social Trading - PayPal deposits possible - One Stop Shop	Min. Deposit: $200 Pairs Offered: 47 Leverage: 1:30, ASIC 1:400 Withdrawal Process Time: Max 2 working days Trust Score: 96/100	Read eToro Review Free Demo Sign Up
Founded: Reg: Plus500... HQ: Israel... 4.5/5 89/100	- Advanced risk management tools - 24/7 online support. - 2000+ instruments. - 30+ languages. - All devices. - 0 commissions. - Tight spreads.	Min. Deposit: $100 Pairs Offered: 70+ Leverage: 1:30 Withdrawal Process Time: 1-3 Business Days Trust Score: 89/100	Read Plus500 Review Free Demo Sign Up
Founded: Reg: FCA, Cy... HQ: United ... 4.5/5 89/100	- 24/5 Customer Support - Negative Balance Protection - More than 1500 instruments - Cryptocurrency trading is available	Min. Deposit: $250 Pairs Offered: 49 Leverage: 500:1 Withdrawal Process Time: 24-48 hours Trust Score: 89/100	Read XTB Review Free Demo Sign Up

What is FX Explained and why are you here?

Are you interested in Forex Trading and just do not know where to start?
Are you currently trading and struggling, finding it difficult to achieve consistent profits?
Do you not fully understand some of the language being used on other FX or Trading websites?
Are you having difficulty choosing a Broker, or are trying to decide on a new Broker?

FX Explained is here to help and guide you. Forex explained in an easy way!

We have a passion for Financial Markets and for helping those trying to find their way in the complicated world of Currency Trading and Investing.

Whether you are a complete novice, or seasoned veteran, we believe that our high level of expertise, combined with a simple approach will help you to develop confidently in this sometimes difficult world of forex trading.

We aim to:

Be a guide for you in how FX Trading works.
Offer trading tools that you can use in your everyday trading.
Provide a comprehensive knowledge base that you can draw on.
Help you decide who you should trade with and pick a Broker.
Provide timely updates on important FX developments (via email).

So join the FX Explained community to help you become a better trader! We don’t show you how to trade, we help you to become a Trader!

Who are we? Read More Articles

Where forex trading in UAE begins