Forex Trading

Day traders tend to prefer the forex market for online trading due to its volatile reaction to news, market data, and because of its trending nature.
Forex is the simultaneous buying of one currency and selling of another as forex is traded in what is known as "cross pairs" for example GBP/USD (£/$) or EUR/USD (Euro/$).
Forex Spread Betting with Capital Spreads

Capital Spreads is one of the UK's most recognised Financial Spread Betting Firms, they are well known for having highly competitive spread prices, exceptional customer service and a limited margin policy that ties up less customers money.
In addition to popular Indices and International Shares Capital Spreads also offer a comprehensive range of Forex and Commodity Futures spreadbets. They offer generous spreads of between 4 and 5 points on GBPUSD (depending on contract) , 8 points on Brent/Nymex Crude Oil and 8 points on Gold. Plus many more Commodity Futures bets...


Easy Forex - Forex Trading Made Easy

Easy Forex are one of the most dynamic new brokers around. Their easy to use platform is packed full of features.

You can open an account online in minutes for free, no need to deposit money. If you do want to trade you can deposit as little as $25 to get started.

Currency News

Oil prices higher on economic outlook
Oil prices are finishing off a second week of gains Friday (February 4) as the latest round of jobs data is expected to offer hope that the US economy is improving. Analysts believe that non-farm payroll jobs increased by around 146,000 workers during January, according to a survey of economists. This has led to anticipation that the Labo
Oil prices are finishing off a second week of gains Friday (February 4) as the latest round of jobs data is expected to offer hope that the US economy is improving.
Analysts believe that non-farm payroll jobs increased by around 146,000 workers during January, according to a survey of economists. This has led to anticipation that the Labo
TRADERS TURN CAUTIOUS AHEAD OF ECB PRESS CONFERENCE
The euro has retraced back from its three months high of $1.3861 seen versus the dollar yesterday with sentiment undermined by events in Egypt as well as fresh reminders about Europe’s debt problems. Activity though was described as subdued overnight but should turn volatile as we approach the all importan Traders are also turning cauti
The euro has retraced back from its three months high of $1.3861 seen versus the dollar yesterday with sentiment undermined by events in Egypt as well as fresh reminders about Europe’s debt problems. Activity though was described as subdued overnight but should turn volatile as we approach the all importan
Traders are also turning cauti Read more ...
Euro remains strong as investors expect rate hike
The euro has been strong the last two weeks as currency traders were once again convinced that the European Union members have the capacity to support those nations struggling with overwhelming debt. Now, the euro appears primed for even more gains as Germany faces high inflation and the president of the European Central Bank, Jean-Claude Read more ...
The euro has been strong the last two weeks as currency traders were once again convinced that the European Union members have the capacity to support those nations struggling with overwhelming debt.
Now, the euro appears primed for even more gains as Germany faces high inflation and the president of the European Central Bank, Jean-Claude
Key US Data Today to Determine Dollar Direction
Today sees the release of US Q4 GDP, personal consumption and GDP figures in the US. These figures are key to traders looking for insight into how the US economy has performed on the open of this year. We can expect the market to react fiercely to the news if anything other than what is expected is released. We could potentially see anot Read more ...
Today sees the release of US Q4 GDP, personal consumption and GDP figures in the US. These figures are key to traders looking for insight into how the US economy has performed on the open of this year.
We can expect the market to react fiercely to the news if anything other than what is expected is released. We could potentially see anot powered by zFeeder

Understanding Currency Pairs

Currencies in Pairs
New traders often struggle to grasp the concept of trading currencies in pairs. "Why not just buy the Euro?" they might ask. "Why does it have to be paired with the US Dollar?" The currency on the right side of the pair is there to establish a comparative value, without it we would be unable to assign a value to the base currency (currency on the left side of the pair). If the currencies were not paired, we would be unable to determine what a single currency would gain or lose value against. By pairing two currencies against each other a fluctuating value can be established for the one versus the other.
Cross Currency Pairs
Currency pairs that do not include the US dollar are commonly referred to as Cross Currency Pairs. Cross Currency trading can open a completely new aspect of the Forex market to speculators. Some cross currencies move very slowly and trend very well. Other cross currency pairs move very quickly and are extremely volatile; with daily average movements exceeding 100 pips.
Many of these cross currencies have a higher swap value. Swap is a credit or debit as a result of daily interest rates. When traders hold positions over night, they are either credited or debited interest based on the rates at the time. Often, cross currencies yield higher interest rates than major currencies.

Forex vs Stocks

Forex inherently appeals to traders world-wide with its advantages.

24-Hour Trading

One of the foremost advantages of trading Forex is 24-hour trading. Forex is able to trade 24 hours because it isn't traded on an exchange; rather by banks around the globe. Even though it may be 9:00 pm on a Wednesday, there is a market open somewhere in the world in which currency is available for trading. Forex is a true 24-hour market, trading from Sunday afternoon ET to Friday afternoon ET. Such 24-hour trading allows investors to trade on their own schedule - and not on the schedule of an exchange.

Fewer Fees

With IBFX Australia, the only transaction cost to trade Forex is the spread - the difference between the bid and ask prices. On top of that, we have low spreads on the majors.

Enjoy low spreads with IBFX Australia

But don't take our word for it: here on our website we publish actual previous spreads to substantiate our low spreads claim. Say goodbye to commissions, account maintenance fees and service fees, inactivity fees, account closing fees, and say hello to the simple power of trading Forex with IBFX Australia.

Fewer Short Selling Restrictions

With the same margin requirements as buying long, a trader can sell short in the Forex market without added costs and hassle. This allows traders to act on a bullish market as well as a bearish one.

Forex Profits

Huge Forex Profits even from Small Investments

Historically, traders would need several thousands of dollars to be able to trade. Thanks to the ever increasing competitive nature of currency trading online this has been reduced so far that an individual can now begin trading a mini Forex account with as little as $25.

With the often huge leverages on offer even such a small amount can produce considerable returns.

Forex trading is forever increasing in popularity due to the many benefits it offers and more and more trading resources becoming available online.

The Internet is a wonderful thing and when you combine it with the magic of Forex trading you suddenly have an amazing and exciting hobby or profession right in front of you.

Click the next button below to read more about the amazing earning potential trading currencies online can offer you no matter what the level of investment is that you have to put forward.

Online Forex Trading Advances

Online Forex Trading Advances

Of course when Forex first began the Internet was a distant dream and therefore trading was carried out exclusively by the cash rich worldwide organizations.

These were companies who could afford to throw a few million in to the mix in an attempt to make some big money trading currencies.

Trading was carried out over the telephone via several exchange centers all over the world. A trader would monitor global activity and then ring their broker in order to commence or complete a trade order.

The transfer of funds to complete trades was done through bank transfers which often took a few days to go through. This meant that whilst the Forex market offered a fantastic earning opportunity, trading was both time consuming and a hassle.

With the advent and then increasing popularity of the Internet, Forex trading online opened up the doors to millions of people who had never previously had the resources to take part.

Gone are the days of having to phone through your intended trade, Credit and Debit cards are even accepted with some online brokers for depositing funds. Even more recently the Forex market has opened up to individual traders even with very small amounts to invest.

Currency Exchange

The Birth of the Foreign Currency Exchange

In 1971 when floating exchange rates began to materialize and the bretton woods agreement was abandoned, the foreign currency exchange market was born.

This advancement was welcomed with open arms by the International companies who had often noticed big profit changes both positive and negative simply based on the value of their native currency against the value of the currencies in the markets in which they traded their day to business activities.

These companies would see fluctuating exchange rates effect their profit and loss accounts, often with millions being made or lost simply on the value of one currency against another.

It was also these companies that were first to spot the huge money making opportunity currency fluctuations offered and these same companies were the first to leap on to the Forex trading bandwagon and attempt to increase their profit margins through brave yet profitable currency exchange decisions.

A History of Trading the Forex Market

Forex currency trading has made massive advancements over recent years and is becoming on the Internets most searched for trading opportunities.

Technological advancements have made Forex an opportunity to make money for everyone from small individual speculators to large multi-national companies.

In reality the principles of Forex trade have existed for centuries but it wasn't until 1967 when the idea of a global system of currency exchange first began to be put together.

A college professor named Milton Friedman famously wanted to take a bank loan in Pounds Sterling (feeling that the currency was overpriced against the dollar) and then sell it before buying it back once the price against the dollar had fallen.

This would allow him to repay the bank and pocket a nice profit for himself. His loan application was declined due to the bretton woods agreement that was in place at the time but this set the wheels in motion for worldwide Forex trading.

Small Investments

Therefore, the leverage means that even with only small amounts of money you can still quickly earn big profits from trading Forex online!

This is not a luxury that any other form of trading can usually offer. What's more you can now open mini Forex accounts online with less than $100 leaving Forex trading open for anyone to take part.

Despite the fact that stocks and shares is more commonly known and understood than Forex currency trading, the Forex market remains the worlds largest trading market with more than 1.8 Trillion dollars trading hands on a daily basis.

It is the fantastic benefits and earning potential of Forex that makes it such an attractive proposition to both individuals and major corporations.

It is no secret that multinational banks have been trading the Forex market for years, many rely on it for a substantial income stream that allows them to be much more competitive in the key areas of their business.

In summary then, Forex trading is all about trading currencies and benefiting from fluctuations in exchange rates. It is surprisingly easy to learn Forex trading and begin making profits, however, we must stress that before rushing to deposit money and start trading you should ensure you fully understand the market.

Profitable Forex

Profitable Forex Opportunities 24 Hours a Day 

Currency rates are forever fluctuating depending on supply and demand and economic and political influences in countries all over the world. The aim of any Forex trader is to spot which currency will next rise or fall in value against another currency.

Since profit can be made from both increases and decreases in a currency it means the Forex market is extremely appealing and potentially very lucrative for anyone willing to give it a go.

You can think of Forex as the currency equivalent of stocks and shares although it should also be noted that Forex has many big advantages over stock trading.

As mentioned money can be made no matter whether a currency rises or falls, Forex is traded with a leverage which means if you trade with say $100 you do not get $100 of currency, you will get many times more than this perhaps as much as $40,000.

This does not mean you physically have $40,000 for a $100 deposit but rather that you can earn a percentage of that $40,000 if the currency fluctuates in your preferred direction.

This is useful because in Forex currency trading fluctuations are often merely fractions of a cent. With a high leverage you are able to profit much more substantially from these small fluctuations than you would if you had no leverage and only a small amount to trad

What is Forex

Online Forex Trading - What's it all about? 

Forex trading is an activity that has been around for many years yet is unknown or misunderstood by many.

Those that do know what Forex trading is all about usually come to love the excitement trading can bring and several of these people go on to devote their whole lives to the skill.

It could be said that regardless of whether you have even heard of Forex trading before, the chances are you have already done it in one form or another without actually realizing it.

If you have ever been to a foreign country before and had to exchange currencies at your local bank then you have already taken part in Forex albeit in a far less profitable, less exciting and less lucrative way.

The term Forex is derived from the words 'Foreign' and 'Exchange' and quite simple means to take part in trades involving the exchange of one countries currency with another. Other terms often used to refer to Forex include 'Spot FX' or simply 'FX'.

Of course there are some major differences and benefits from trading Forex online through established brokers over simple currency exchange for your holiday, yet the core principles are the same.