Get to know Forex Factory, Reference Site No. 1 For Forex Traders

[Beginner FX]

Active since 2004, Forex Factory was originally known as a forum of traders who actively discussed various topics regarding trading, ranging from sharing experiences, strategy ideas, to forex broker reviews from various traders around the world. Until now, the Forex Factory forum is still known as the main discussion place for traders, and many of them are looking for inspiration in the trading system from the traders' thread there.

Forex Factory's superior features to help you as a tool that can give more consideration to your trading activities.

1. Forum Trading: Forex Factory forum is a place for discussion of traders who can display a variety of useful information and is inhabited by hundreds of thousands of members. That said, the forum on this site is one of the first for forex traders. When you open the forum menu at Forex Factory, the amount of info and thread contained in this section will not confuse you. That's because this site has grouped it into 8 broad categories to make it easier for visitors to get the discussion thread they need.

2. Forex Calendar: Forex calendar facilities on this site have been widely known as one of the best. Like most forex calendars, you can find important components in the form of data release time, currency affected, level of influence, name of data released or event that takes place, also do not forget the Actual, Forecast, and Previous numbers.

3. News Feed: In addition to the calendar feature, Forex Factory also supports the need for forex news updates by providing a News menu. This rubric is a news feed that contains a collection of titles of various high-impact news, expert analysis, and market reviews that are updated in real-time. In addition to up to date, this Forex Factory section also constantly gathers news and editorials collected from trusted sites, such as Bloomberg, Reuters, CNBC, Telegraph, Wall Street Journal, etc.

4. Broker Review: Although it does not provide broker info as a whole, Forex Factory can provide broker recommendations through a comparison table, which displays various broker criteria from basic trading specifications. Thus, you can more easily get the best broker comparison based on your own trading criteria.

5. Trader Journal: Another interesting use of Forex Factory is the availability of an account profiling platform for its users. Here, you can register and login to create a trader's profile. You can connect this profile with a trading account at a forex broker, so you can display the progress of your trading with charts and parameters that provide functions as a trading journal. More than just evaluating your trading performance, you can also publish this rubric to attract potential investors, if you already have a lot of experience, can collect consistent profits, and are interested in becoming an Account Manager.

[Leonardo]

On Forex market you will see thousands of Forex brokers, and when you will go to find the right one you will find most of them scamming. This is the problem about the brokers as they trade without any trading license. I select the right broker ForexOne since they are highly regulated broker. And provide various necessary trading services. They have various trading platforms and allow almost all types of trading strategies.

[Vaabum]

What's the best site?

[FXOpen Trader]

On 2/5/2020 at 10:48 PM, Leonardo said:

On Forex market you will see thousands of Forex brokers, and when you will go to find the right one you will find most of them scamming. This is the problem about the brokers as they trade without any trading license. I select the right broker ForexOne since they are highly regulated broker. And provide various necessary trading services. They have various trading platforms and allow almost all types of trading strategies.

We will need to make use of such kind of a Forex Broker which is Regulated and that is Truly International like FXOpen