Online Forex Trading
Welcome to OnlineForex.com! The aim of our team here is to help you grow and develop successful online forex trading skills through our forex school, and to paint an accurate picture of the market fundamentals that should help you decide how, what and when to trade currencies online. The site is optimised for desktop, tablet and mobile devices. Please have a look around, there’s a forex movers page, broker reviews and a school. We hope you enjoy the website.
Getting to grips with the forex markets and buidling up your skills to become a successful online forex trader is no easy task. We’d say that it is a continuous process- you should always be learning, no matter what your level and experience in forex trading is.
Have a browse through our school where we aim to share insights at all kinds of levels, from beginner to intermediate to advanced. We have a whole section dedicated to understanding candlesticks and another area where we focus on forex indicators and a forex blog.
(Mobile forex traders: rotate your phone to landscape).
TIP: select time period, bottom right, eg hourly, daily, weekly chart.
Start on the monthly chart to get an idea on the trend. Then select smaller and smaller time periods to get a feel for the market, so weekly, daily, 4 hour, 1 hout etc.
Remember, the more you zoom in, the spikier the data will be.
Always trade off the chart that matches your trading strategy timeline, so if you want to come in and out of the market in a couple of days, choose the day chart.
If you are looking to execute your trade in 3 hours, chosse the hourly, and so on.
Enter your instrument in the search box, eg EURUSD, Oil, Gold, Bitcoin etc
Change to candlesticks by clicking on the far right icon on the time period navigation.
Forex Broker Reviews
We also feature forex broker reviews to help you compare different providers so that you can choose one that most matches your needs. All our featured brokers that offer trading in currencies, CFD’s and binary options are listed at the bottom of the website. We recommend AvaFX for new to intermediate traders. More experienced people should have a look at XM.
Plus, we feature daily and weekly updates on the important currency news that affect the markets, compiled by our resident online forex expert, Larry: a former City FX trader with over 20 years experience in forex trading at a UK investment Bank where he was a Director and also a member of the Securities Association. Scroll down for Larry’s latest posts.
We cover online forex, CFD’s and binary options trading, and have compiled a suite of tools to help you make the right decisions about where and how to trade in this huge, dynamic marketplace. Online FX trading can seem complicated at first, but if you steadily build your knowledge and trade sensibly, you can develop your trading skills and become a successful investor.
Remember, Forex Trading with margin carries a certain level of risk, and may not be suitable for all investors. Please read our disclaimer.