• 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.

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!

Learn More

Steve Miley Technical Analyst

Meet our head technical analyst: Steve Miley!

  • 25 years experience in the financial market.
  • Former Director of the FX Technical Analysis Research Strategy team at Credit Suisse.
  • 2013 & 2016 Winner – Best Independent Fixed Income Research & Strategy – Technical Analyst Magazine Awards.
  • 2012 Winner of Best FX Research & Strategy- Technical Analyst Magazine Awards.
  • 2012-2016 finalist in the Technical Analysts of the Year – Technical Analyst Magazine Awards.

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Top Forex Brokers

Forex trading should be made easy by your forex broker, with a good platform, excellent customer service and of course a valid regulation. In a perfect trading world the forex broker of your choice should accommodate your every need so that you can focus on trading. Here is a list of regulated fx brokers that we recommend!

BrokerFeaturesRegulatorPlatformNext Steps
FXTM ImageYour capital is at risk


Founded: 2012

High leverage
PAMM accounts
Tight spreads


Does not accept US traders

CySECMetatrader 4 & Metatrader 5
OctaFX ImageYour capital is at risk


Founded: 2011

Strong regulation
Interesting promotions and contests
Tight dealing spreads


Does not accept US traders
Primarily focus on currencies and metals

FCAMetatrader 4, cTrader
Pepperstone ImageYour capital is at risk


Founded: 2010

- Well regulated by FCA and ASIC
- Well established and large broker
- Offers Education

ASIC, FCAMetaTrader 4, MetaTrader 5, cTrader
Avatrade ImageYour capital is at risk


Founded: 2006

Avatrade platform is comprehensive and easy to use


Max Leverage 200:1

MiFID & ASICAvatrade, Metatrader 4, Mirror Trader, ZuluTrade, Signal Trader
HotForex ImageYour capital is at risk


Founded: 2008

Tight spreads
High leverage
High financial security


Does not accept US traders

FSC & CySECMetatrader 4

    View all Top Forex Brokers