Weekend Deep Dive
Gearing, Leverage and Margin
News & Analysis
Sterling Soars
Published February 22, 2021Higher yields globally see stocks dip, US Dollar weakness resumes
Published February 22, 2021Broad US Dollar weakness resumes
Published February 22, 2021Education Videos
Stock Market Indices
Published July 17, 2019Updated October 12th, 2020
Support and Resistance
Published July 31, 2019Updated October 12th, 2020
Introduction to Technical Analysis
Published July 10, 2019Updated October 12th, 2020
Market Overview
Currency Converter
Learn how to trade Forex - Most Popular
Why you should keep a trading log
Published April 3, 2020Updated May 7th, 2020
Trading in Volatile Markets
Published March 23, 2020Which markets should I trade? A deeper look at financial markets asset classes
Published December 13, 2019Updated July 30th, 2020
Which Forex markets and currencies should I trade?
Published December 12, 2019Updated December 16th, 2019
CFD (Contract for Difference) Trading, Forex Trading and Spread Betting – similarities and differences
Published November 15, 2019Updated December 22nd, 2020
Top 6 brokers in your location
Broker | Pros | Features | |
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Founded: 2006
Reg: Central...
HQ: Ireland... 4.9/5 97/100 |
- Global regulated broker across 5 continents within 6 jurisdictions |
Min. Deposit: $100 Pairs Offered: Over 1,000 (all instruments) Leverage: EU - Up to 30:1, Professional Client/ROW up to 400:1 Withdrawal Process Time: 1-2 business days. Trust Score: 97/100 |
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72% of retail investor accounts lose money when trading CFDs with this provider. |
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Founded: 2007
Reg: FCA, Cy...
HQ: UK, Cyp... 4.7/5 93/100 |
- Fast withdrawal |
Min. Deposit: $200. $50 in AUS Pairs Offered: 47 Leverage: 1:30 Withdrawal Process Time: Max 2 working days Trust Score: 93/100 |
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67% of retail investor accounts lose money when trading CFDs with this provider. |
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Founded: 2008
Reg: Plus500...
HQ: Israel... 4.8/5 95/100 |
- Advanced risk management tools |
Min. Deposit: $100 Pairs Offered: 70+ Leverage: 1:30 Withdrawal Process Time: 1-3 Business Days Trust Score: 95/100 |
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76.4% of retail investor accounts lose money when trading CFDs with this provider. |
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Founded: 2008
Reg: FCA, AS...
HQ: Cyprus... 4.7/5 94/100 |
- Beginner Friendly |
Min. Deposit: $250 Pairs Offered: 2,000+ assets, including forex, indices, commodities, shares and cryptos Leverage: EU - Up to 30:1, ROW up to 300:1 Withdrawal Process Time: 24 hours Trust Score: 94/100 |
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73,9% of retail investor accounts lose money when trading CFDs with this provider. |
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Founded: 2020
Reg: FCA, FS...
HQ: UK... 4.4/5 88/100 |
- Tight, fixed spreads (CoreTrader2 only) |
Min. Deposit: $0 Pairs Offered: 26+ Leverage: 200:1 Withdrawal Process Time: 2-5 business days Trust Score: 88/100 |
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57.1% of...
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Founded: 2002
Reg: FCA, Cy...
HQ: London... 4.6/5 92/100 |
- 24/5 Customer Support |
Min. Deposit: $0 Pairs Offered: 49 Leverage: Up to 1:500 Withdrawal Process Time: 24-48 hours Trust Score: 92/100 |
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82% of retail investor accounts lose money when trading CFDs with this provider. |
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!