SF Free Forex Course

This free forex online course is recommended for novice traders and traders with experience in other financial markets:

Access to this course is 100% FREE

All students have access to the general student forum (Free Forex Education)

Quizzes and Q&A section for each lesson in the course material

Self paced course, access at a convenient time for you

11 lessons cover: technical indicators, chart patterns, brokers and more.

Complete all Quizzes and get a FREE certificate.

Forex Broker: Choosing the right Forex Broker -

Sometimes it's hard to make a decision on which Forex broker to open our trading account, there are just too many of them. Most of them have different features, capabilities, weaknesses and advantages, for this reason I have created a checklist that can help you decide the broker to use in your Forex adventure. Read more.

Main Drawbacks of Forex Traders -

Discover the most common mistakes forex traders are likely to make. Once you become aware of these mistakes, you are more likely to avoid them. Read more.

A quick Forex guide for Traders -

Starting out your Trading journey? Read this interesting article about the best way to test your trading system. A simple Forex trading guide for beginners. Read more.

Trading Psychology: Mistakes in a Trading Environment -

Most traders correlate mistakes with the outcome of any given trade. This article will help you with your mistakes from a trading psychology perspective. Read more.

Forex Strategy: Trading with Stochastics -

Stochastics are amongst the most popular technical indicators when it comes to Forex Trading. Unfortunately most traders use them incorrectly. In this article we will review the correct way to use this popular technical indicator. Read more.

How to take a Loss -

There are quite a few books written on how to make money in the market. Some of them are even written by people who have made money as traders! What you don't see often, however, are books or articles written on how to lose money. Read more

Forex Broker: Choosing the right Forex Broker -

Sometimes it's hard to make a decision on which Forex broker to open our trading account, there are just too many of them. Most of them have different features, capabilities, weaknesses and advantages, for this reason I have created a checklist that can help you decide the broker to use in your Forex adventure. Read more.

Forex Strategy: Trading with Stochastics -

Stochastics are amongst the most popular technical indicators when it comes to Forex Trading. Unfortunately most traders use them incorrectly. In this article we will review the correct way to use this popular technical indicator. Read more.

Forex Training: What to Look for in a Forex Training Program

- If you are looking for a Forex training program, this article will help you choose the best program for you. This checklist will help you choose a better provider. Read more.

Main Drawbacks of Forex Traders -

Discover the most common mistakes forex traders are likely to make. Once you become aware of these mistakes, you are more likely to avoid them. Read more.

Forex Trading: The Perfect Forex Trading System -

Incorporating price behavior into your trading systen as an important component will help you achieve better results. At the end, the price dictates how every technical indicator should behave. Read more.

A quick Forex guide for Traders -

Starting out your Trading journey? Read this interesting article about the best way to test your trading system. A simple Forex trading guide for beginners. Read more.

Forex Trading Systems: Mechanical Vs. Discretionary Systems

- Discover the differences between mechanical and discretionary Forex trading systems. Find out which approach fits you better. Read more.

Trading Conditions

Spreads
GFX offers 2 to 3 pip spreads in major currencies. Further information...

Margin Requirements
All currency products can be traded on 0.5% margin (200:1 leverage). Further information...

Overnight charges
Open positions may have overnight charges applied daily at 5pm EST. The exact amount, in dollars per lot, can be viewed from your trading software as follows. Further information...

Commissions and Fees
Zero for all accounts and all products, unless agreed otherwise.

Trading Hours
24 hours for all products beginning Sunday night at 5pm EST and ending Friday afternoon 5pm EST.

Placing Orders
Trading is most efficiently conducted on GFX GlobalTrader software. However, GFX also supports trading by telephone or online chat.

Tick values and lot sizes
Currencies are set at 100,000 units of the base currency per lot. Metals vary by product. Fractional lot trading is also possible (e.g., trade 0.1 lots for a transaction size of 10,000 units). Further information...

Forex Trading with GFX

Trade on 2 to 3 pip Spreads
GFX's low spreads improve net trading results, especially for active traders. GFX uses its economies of scale and efficient dealing practices to offer the lowest spreads in retail Forex.

Instant order execution. Orders placed on the GFX software are executed immediately online, up to 100 lots (10 million currency units) at a time. Traders can also place stops, trailing stops, or limits on open positions or have them pre-set on market orders.

Zero Commissions and Fees
GFX clients always trade with zero commissions and no transaction fees, unless agreed otherwise.

Powerful Trading Software
GFX "GlobalTrader" software sets new standards in online trading functionality, performance, and ease of use. Get a free demo account here.

Fractional lot sizes. Trading on GFX's software is not confined to only 1 lot increments. Clients can also trade .5 of a lot, 1.2 lot, or any other amount. Each Lot is equivalent to 100,000 currency units.

Real-time account and margin information. Your account balance, usable margin, and value of open positions are displayed in the trading software in real-time.

Real-time Charts, News and Quotes. GFX GlobalTrader software has charts, news, and quotes easily accessible from the menus.

Multiple Account Trading. Trading managers and funds can trade multiple accounts from a single window. The GlobalTrader software allows a block order to be automatically split up among multiple customer accounts as specified by the trader.

"Mini" Trading Capability. Set the number of Lots to "0.1" to trade a mini position with 1 pip equal to about $1. Margin requirements for these positions are $50.

Hedging capability. Traders can open positions in the same currency in opposite directions, without the positions offsetting and without using additional margin.

Service and Support. GFX clients have access to 24 hour technical support, as well as 24 hour trading by telephone or chat.

Lower Margin Requirements
Trade all currencies on 0.5% margin; equivalent to 200:1 leverage. Lower margin requirements mean more trading flexibility without getting a margin call.

Wide selection of products
Trade any of 49 major and exotic currency pairs, plus gold and silver. All products are commission-free with the same low margin requirements. Click here for a full list.

Limited Risk
GFX's clients can never lose more than their funds on deposit.

Security of funds
With GFX, your funds are secure and properly handled by a supervised broker with over CHF 10 million of capital. Client funds are segregated from GFX's own assets, thereby offering security of client funds.

exchange rates

Exchange Rates
Mar 11, 2009	UAE		QATAR		OMAN
	BUY	SELL	BUY	SELL	BUY	SELL
Dollar	3.653	3.685	3.6298	3.6502	0.3815	0.388
Euro	4.60524	4.71734	4.5697	4.7196	0.4837	0.4929
Sterling	5.03304	5.14716	4.9741	5.1156	0.5282	0.5389
S.Fr.	3.14485	3.22575	3.1187	3.1974	0.3313	0.3368
Yen	0.03673	0.0377	0.03629	0.03781	0.00387	0.00392
D.K.	0.61837	0.63296	0.61	0.6376	0.0651	0.0664
N.Kr.	0.51086	0.5238	0.5053	0.5269	0.0538	0.0546
S.K.	0.39726	0.40659	0.3933	0.4085	0.0416	0.0427
Can.$	2.81034	2.88131	2.7886	2.8865	0.2949	0.3014
Aus.$	2.31445	2.37718	2.3062	2.3907	0.2421	0.2493
N.Z.$	1.80183	1.85628	-	-	0.1896	0.1948
H.K.$	0.46893	0.47919	0.4639	0.4808	0.0492	0.0499
Sing$	2.35559	2.41248	2.3423	2.4247	0.2476	0.2517
Mal.R	-	-	0.9782	1.0091	-	-
Jord.D	-	5.2491	5.0853	5.2641	0.538	0.552
Ind.Rs	0.0701	0.0713	0.0687	0.072	0.00738	0.00748
Pak.Rs	-	0.0469	0.0445	0.0467	0.00471	0.0049
SL.Rs	0.0316	0.0326	-	-	0.00319	0.00359
P.Peso	0.07594	0.07611	-	-	-	-
Cyp.£	9.2211	9.2579	3.5796	3.6984	-	-
B.Taka	0.0517	0.0539	-	-	0.00541	0.00565
Gulf Currencies
UAE Dh	-	-	0.9859	0.998	0.1045	0.1059
BD	9.6063	9.8568	9.607	9.7777	1.013	1.029
SR	0.9657	0.9909	0.9656	0.9804	0.1022	0.1033
QR	0.9948	1.0209	-	-	0.105	0.1063
RO	9.4078	9.6512	9.4109	9.5465	-	-
KD	11.98	12.546	12.1996	12.5095	1.2959	1.3149
Rates supplied by Emirates Bank Intl, Dubai, HSBC Bank Middle East, Doha and National Bank of Oman, Muscat

rates

Draft rates of selected Asian currencies in UAE Dirhams (Rates in 1 Dirham)
March 11, 2009
Currencies	Morning	Evening	Yesterday
Indian Rupee	14.00(Dh 71.428/ Rs 1000)	14.00(Dh 71.428/ Rs 1000)	14.00(Dh 71.42/ Rs 1000)
Pak Rupee	21.70	21.70	21.70
Bangladesh Taka	18.65	18.65	18.65
Sri Lankan Rupee	31.00	31.00	31.00
Nepalese Rupee	22.55	22.55	22.57
Philippines Peso	13.07 (Dh 76.51/ Peso 1000)	13.07 (Dh 76.51/ Peso 1000)	13.08 (Dh 76.45/ Peso 1000)

Source: HABIB EXCHANGE COMPANY L.L.C., UAE.

Rates are subject to fluctuation

forex gold rates

Gold Rate
March 11, 2009	Morning	Evening	Yesterday
TT Bar	12445	12445	12680
24 Carat	108.00	108.00	110.00
22 Carat	101.25	101.25	103.00
Source: Dubai Gold & Jewellery Group

Forex stands for

Forex stands for Foreign Exchange Market (FX). It is the largest market place for currency trading. The Forex market is an over-the-counter (OTC) trading market. While trading in the Forex market, you must consider the present scenario and future prospects of the country, whose currency you are trading. Aspects such as the economic stability of the country, its gross domestic production, the current inflation rate, the national security or even the country's foreign relations affect and alter the relative value of its currency on a regular basis.
There are six major Forex markets in the world. These are located in Frankfurt, London, New York, Paris, Tokyo and Zurich. Owing to the different time zones, Forex trading occurs round the clock in the various markets across the globe. For instance, when the Asian trading ends, then it is time for the European trading to open. In a similar way, when the European trading ends American trading opens. Finally, when it is time for the American trading to stop, then it is again time for the Asian trading to open.
In the Forex market, currencies from all over the world are bought, sold and traded. The participants in the Forex market usually include banks, large multinational corporations, global money managers, registered dealers, international money brokers, traders and private speculators. In order to start global Forex trading, one needs to open a Forex account in his name. You must have sufficiently high funds in your Forex account. Anyone can buy and sell currency and make a profit. However, the risks are very high and you must be familiar with the tricks of the Forex market to be able to succeed in trading currencies.

Forex Research & Commentary

With a 24-hour streaming news feed, professional forex research and live market commentary, you’ll always be up-to-date on important economic events, price movements and market developments

Forex Charting

Knowing how to read chart patterns for buy and sell signals is critical. Spotting a new trend through technical analysis can make or break your chances for success.

That's why we've partnered with Forex industry leaders to bring you the charting package that suits your trading style and experience level. However you trade, our tools help you decode chart patterns and act on what they're telling you.

ForexCharts by eSignal

ForexCharts by eSignal is a complete charting package developed by a leading provider of real-time market in

• Real time data feed powered by FOREX.com for the majors and several crosses
  
• Composite data feed from Global Treasury Information Services, Inc. (GTIS), that provides a broad representation of the market as a whole
  
• Line, bar and candlestick charts
  
• More than 30 analytical studies
  
• Page-saving system to organize charts and layouts, and more

formation and award-winning products and services.

Forex - Electronic Trading

Electronic trading, sometimes called etrading, is a method of trading securities (such as stocks, and bonds), foreign currency, and exchange traded derivatives electronically. It uses information technology to bring together buyers and sellers through electronic media to create a virtual market place. NASDAQ, NYSE Arca and Globex are examples of electronic market places. Exchanges that facilitate electronic trading in the United States are regulated by the Securities and Exchange Commission and are generally called electronic communications networks or ECNs.Etrading is widely believed to be more reliable than older methods of trade processing, but glitches and cancelled trades do occur.