The foreign exchange market, also known as the forex market, allows traders to profit from currency movements in real time. 5 trillion dollars are traded every day between various traders and financial institutions. 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.
Thanks to the leverage which forex margin accounts provide, the initial capital required to open an account is not very high. 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. Read our beginner’s guide to forex trading to learn the basics of forex trading. If you have any questions related to forex trading or this website, feel free to let us know by email or on our forex forum.
CFD trading comes with a high risk of losing money, it is therefore not for all investors. It is neither a foreign exchange company nor its is affiliated with any currency dealer. At Forex Rate our aim is to provide as much free forex trading information as possible. Our pages are geared towards active currency daytraders and include our real-time foreign exchange rates, live Forex charts, live Forex quotes for most currency cross pairs,daily currency trading news and forex forecasts with our free RSS news feed. We also provide intraday and end of day forex historical data – free for downloading, currency trend charts and a currency converter. Forex Rate provides live information for currency trading. The one stop currency site , e mail us from our contact page.
The US dollar held strong in the early European session. After the quarterly rate decision was announced the dollar surged strongly against most currencies. The foreign exchange market was extremely active afterwards. Department of Labor figures were released. Filed unemployment claims fell below last months figure of 302,000, down to 259,000. Euro has weakened across the board in the early trading session across Asia and Europe, with the expectant result of the French elections now selling on the news. Whilst many see this result as a positive for the single currency, it seems the result was priced in after opinion polls late last week suggested which way the vote would go.