Forex Trading Pal

Forex is the largest financial market in the world. The last twenty years the Forex market boomed to incredible heights. The rising amount of internet users supported the development of the Forex market. Forex is an abbreviation of Foreign Exchanges. Forex is often abbreviated as Fx.

Forex trading is fun and with a little practice, perception and experience trading forex can be very lucrative. Forex trading is all about speculating on changes in the exchange rates of currencies such as the Dollar, Pound, Yen or Euro. Most often Forex traders develop a greater awareness of world news. After all, changes in the world, mean changes in the exchange rates.

Forex Trading Pal is your partner when it comes to forex trading. We admit the importancy of choosing the right Forex broker. Read our extended Forex broker reviews to find the Forex broker that suits you the best.

New to Forex ?

When you are new to Forex, read our brief introduction to learn the market basics. Forex is a relative new market. The Forex market is developing fast, yet it already is the largest financial market in the world. With a daily turnover of more than $ 3 trillion Forex is big business. Right now it’s the best time to start participating in this market which will be booming soon.

Lead, don’t follow!

Forex means nothing more then Foreign Exchange, the trade in foreign currencies. The Forex market is also known as the FX market. The Forex market is the place where currencies are bought and sold. The Forex market is open 24-hours a day, 5 days a week. The Forex market is based in four leading citiy’s spread around the world:

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Forex Trading Recommendations

Broker	Overall	Starters	Service	Spreads	Charting	Rates	Max. bonus	Review	Visit
eToro	94%	95%	91%	92%	Free	95%	$ 200	Read now	Visit now
FXCM	91%	85%	95%	92%	Free	90%	-	Read now	Visit now
Easy Forex	83%	90%	88%	65%	Free	88%	$ 25	Read now	Visit now
Dukascopy	83%	85%	81%	86%	Free	90%	$ 1,200	Read now	Visit now

Forex Trading News

Bank of Japan pessimistic 08-19-2008 11:12

The central bank of Japan expects the Japanese economy to grow even less hard than they expected. Therefore, the bank of Japan adjusted the growth expectations further downwards today.

The constantly rising energy prices together with the decreased growth of export activities both contribute to >> read more

ECB raises interest rates 07-08-2008 15:06

It was already expected the last few months and now the very first interest raise by the European Central Bank (ECB) came through. The ECB raised interest rates with 0.25%. The current rate is therefore now 4.25%. According to analysts, the rates can be expected to be further raised to 4.5% this >> read more

Higher shortages in the US 06-25-2008 07:00

The first quarter of 2008 didn't improve the shortages of the current account of the US. The shortage has increased to $ 176.4 billion in the first three months of 2008. The increase of the shortages exactly what economists predicted would happen. A shortage of +- $ 176.0 billion was predicted by >> read more