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Weekend Deep Dive

Gearing, Leverage and Margin

In this video and article, we are looking at the concepts of Gearing, Leverage and Margin. https://youtu.be/c0aGVQLcOXA Gearing, Leverage and Margin are interconnected concepts in trading.LEVERAGE (also known as Gearing) works by using an effective deposit, known as the MARGIN, to provide you with increased exposure to an asset.A fraction of the full value of your trade is needed, with the account provider/ broker effectively “loaning” the balance. An example… Continued

News & Analysis

Sterling Soars

Published February 22, 2021 by: Stephen Pope

GBPUSD has broken the corrective channel as the 200-day moving average is surpassedThe 50-day moving average is proving harder to… Continued

Higher yields globally see stocks dip, US Dollar weakness resumes

Published February 22, 2021 by: Market Chartist

Macroeconomic/ geopolitical developments Another relatively quiet week for financial markets, with the main central bank activity from the Reserve Bank… Continued

Broad US Dollar weakness resumes

Published February 22, 2021 by: Shaun Downey

The Pound , Aussie and Kiwi have no resistance (GBPUSD, AUDUSD, NZDUSD forecasts)US Dollar-CAD threatens to breakdown (USDCAD forecast)Euro-Pound continues its… Continued

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Education Videos

Stock Market Indices

Published July 17, 2019
Updated October 12th, 2020 by: Market Chartist

In this Master Academy educational video and article, we are looking at Stock Market Indices. https://youtu.be/fFR8XMqkkhI In this article we… Continued

Support and Resistance

Published July 31, 2019
Updated October 12th, 2020 by: Market Chartist

In this Master Academy educational video and article, we are introducing at the basic concepts of Support and Resistance.Support and… Continued

Introduction to Technical Analysis

Published July 10, 2019
Updated October 12th, 2020 by: Market Chartist

In this Master Academy educational video and article, we are looking at an Introduction to Technical Analysis, elaborating on the… Continued

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Market Overview

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Learn how to trade Forex - Most Popular

Why you should keep a trading log

Published April 3, 2020
Updated May 7th, 2020 by: Market Chartist

Development can be tracked by considering the history of a set of actions and outcomes. For a trader, if you want to learn how to successfully trade Forex and CFDs (or any of the financial markets), it is key to be able to monitor your progress, to improve and become more successful at trading. Keeping a trading log (or journal) is an excellent way to… Continued

Trading in Volatile Markets

Published March 23, 2020 by: Market Chartist

Success in trading is always a challenge and can be difficult even with vast experience and a solid, structured training plan, that has been built over time and tested. However, when markets shift to a more volatile phase, even the most experienced trader or investor can find successful trading and investing extremely difficult. Here we are going to look at what an increase in volatility… Continued

Which markets should I trade? A deeper look at financial markets asset classes

Published December 13, 2019
Updated July 30th, 2020 by: Market Chartist

We will look at: What are the major asset classes in financial markets? What are the Forex options? What do I need to know about trading the stock market? What are the pros and cons of trading stock indices? Should I consider trading the bond markets? What do I need to know to trade the commodity markets? What financial markets are ultimately better suited to… Continued

Which Forex markets and currencies should I trade?

Published December 12, 2019
Updated December 16th, 2019 by: Market Chartist

We will look at: What are the major asset classes choices? Where to start with FX? Fundamental versus Technical Analysis The “FX Majors” Safe haven currencies “Risk” or commodity currencies Cross currency analysis Peripheral currencies and Emerging Markets What Forex markets are best suited to you? If you are relatively new to financial market trading then you will already have realized that the modern, Forex… Continued

CFD (Contract for Difference) Trading, Forex Trading and Spread Betting – similarities and differences

Published November 15, 2019
Updated December 22nd, 2020 by: Market Chartist

In this article we are going to take a look at the history of Contract for Difference (CFD) Trading, what CFD Trading is and what are the advantages. We will also focus on Forex Trading, which is really just a subset of CFD Trading and also look at Spread Betting and how Spread Betting accounts differ from CFD and Forex Trading accounts. We will highlight… Continued

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Top 6 brokers in your location

Broker	Pros	Features
Founded: 2006 Reg: Central... HQ: Ireland... 4.9/5 97/100	- Global regulated broker across 5 continents within 6 jurisdictions - Superior trading conditions for short selling/scalping - Ultra low spreads with fast and reliable order execution - Wide range of educational materials - Innovative trading mobile apps (AvaTradeGo, AvaOptions, AvaSocial)	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	Read AvaTrade Review Free Demo Sign Up 72% of retail investor accounts lose money when trading CFDs with this provider.
Founded: 2007 Reg: FCA, Cy... HQ: UK, Cyp... 4.7/5 93/100	- Fast withdrawal - 0% commission on US stocks - Real Cryptos, Stocks - 2000+ assets - Copytrading - Social Trading - PayPal deposits possible - One Stop Shop	Min. Deposit: $200. $50 in AUS Pairs Offered: 47 Leverage: 1:30 Withdrawal Process Time: Max 2 working days Trust Score: 93/100	Read eToro Review Free Demo Sign Up 67% of retail investor accounts lose money when trading CFDs with this provider.
Founded: 2008 Reg: Plus500... HQ: Israel... 4.8/5 95/100	- Advanced risk management tools - 24/7 online support. - 2000+ instruments. - 30+ languages. - All devices. - 0 commissions. - Tight spreads.	Min. Deposit: $100 Pairs Offered: 70+ Leverage: 1:30 Withdrawal Process Time: 1-3 Business Days Trust Score: 95/100	Read Plus500 Review Free Demo Sign Up 76.4% of retail investor accounts lose money when trading CFDs with this provider.
Founded: 2008 Reg: FCA, AS... HQ: Cyprus... 4.7/5 94/100	- Beginner Friendly - Well established - Well regulated - Leverage up to 1:30	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	Read Markets.com Review Free Demo Sign Up 73,9% of retail investor accounts lose money when trading CFDs with this provider.
Founded: 2020 Reg: FCA, FS... HQ: UK... 4.4/5 88/100	- Tight, fixed spreads (CoreTrader2 only) - Regulated by FCA, ASIC, FSCA and SCB - Loyalty Scheme - Easy-to-use trading platform	Min. Deposit: $0 Pairs Offered: 26+ Leverage: 200:1 Withdrawal Process Time: 2-5 business days Trust Score: 88/100	Read Trade Nation Review Free Demo Sign Up 57.1% of...
Founded: 2002 Reg: FCA, Cy... HQ: London... 4.6/5 92/100	- 24/5 Customer Support - Negative Balance Protection - More than 1500 instruments - Cryptocurrency trading is available	Min. Deposit: $0 Pairs Offered: 49 Leverage: Up to 1:500 Withdrawal Process Time: 24-48 hours Trust Score: 92/100	Read XTB Review Free Demo Sign Up 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!

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Where forex trading begins