Daily Digest:
w/c 22 July - Macro focus on global Flash PMI Wednesday, US GDP and Durable Goods Thursday, US PCE Friday. Earnings spotlight on Alphabet and Tesla on Tuesday

Fx, foreign exchange or the forex market is the world's most liquid and largest financial market. We are here to guide you and explain the fx market, where the exchange of currencies (e.g. USD, EUR, bitcoins) takes place.

Latest Analysis

Stock rotation continues out of large cap/ growth into mid/small cap/ value

Macroeconomic/ geopolitical developments The U.S. stock market is experiencing a sector rotation with small-cap and value stocks gaining momentum due… Continued

US Dollar possible positives

US Dollar Index holds above final major support (DXY forecast) Euro negative signals (EURUSD forecast) Continued

Stocks up again with rotation dominant, as US CPI cools

Macroeconomic/ geopolitical developments US stock averages reached new highs, driven by optimism over potential Fed rate cuts and a notable… Continued

Education Videos

Stock Market Indices

In this Master Academy educational video and article, we are looking at Stock Market Indices. In this article we will… Continued

Trading Terms

In this video and complementary article, we are looking at some basic trading term used in financial markets trading. Buy… Continued

Order Types

In this Master Academy educational article and video, we are concentrating on different types of orders that can be placed… Continued

Top 6 brokers in your location

Broker Pros Features  
Founded: 2007 Reg: FCA, Cy...
HQ: UK, Cyp...
5/5
99/100

- Fast withdrawal
- 0% commission on US stocks. Other Fees Apply
- Real Cryptos, Stocks
- 2000+ assets
- Copytrading
- Social Trading
- One Stop Shop

Min. Deposit: $100(value may vary according to region)
Pairs Offered: 47
Leverage: 1:30

Trust Score: 99/100
Sign Up

51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Founded: 2018 Reg: SVGFSA ...
HQ: St. Vin...
4.9/5
98/100

- Up to 1:200 leverage on crypto assets
- Available in 15 languages
- 24/7 Live chat support
- 100+ assets pairs to trade

Min. Deposit: 0.001 BTC
Pairs Offered: 50+
Leverage: Crypto Max 1:200. Forex Max 1:1000
Withdrawal Process Time: Once a day, between 12:00 and 14:00 UTC
Trust Score: 98/100
Founded: 2006 Reg: Central...
HQ: Ireland...
4.9/5
97/100

- Fast order execution
- Tight spreads
- Zero commissions
- Big variety of deposit methods
- Risk-management for beginners “AvaProtect”
- Negative Balance Protection
- Innovative mobile apps (AvaTradeGo, AvaOptions, AvaSocial)
- Wide range of educational materials

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
Sign Up

76% of retail investor accounts lose money when trading CFDs with this provider.

Founded: 2001 Reg: FCA, CS...
HQ: London,...
4.7/5
94/100

- Easy for beginners
- No fee on deposit or withdrawal on base currencies.
- FCA regulated

Min. Deposit: $0
Leverage:

Trust Score: 94/100
Sign Up

81% 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.
- 30+ languages.
- All devices.
- 0 commissions.
- Tight spreads.
- Fast and reliable order execution.
- Trading Academy
- Unlimited demo account
- Easy to use platform

Min. Deposit: $100
Pairs Offered: 70+
Leverage: 1:30
Withdrawal Process Time: 1-3 Business Days
Trust Score: 95/100
Sign Up

82% 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
- Negative Balance Protection
- Over 3000 instruments to trade

Min. Deposit: $100
Pairs Offered: 2,000+ assets, including forex, indices, commodities, shares
Leverage: UK/AU/EU - Up to 1:30
Withdrawal Process Time: 24 hours
Trust Score: 94/100
Sign Up

67,7% 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!

Who are we? Read More Articles

Please comment below

Your email address will not be published. Required fields are marked *