Money News | The web has had a huge impact on the nature of forex trading. It has not only helped to create a whole new means by which to trade, it has also opened up the world of forex like never before, granting access to a whole new generation of traders who would otherwise never have got their foot in the door.
As the world of Forex trading has begun to open up, so the number of Forex websites, forums, social networks and online communities has continued to grow. As well as providing a place to trade, the growing number of Forex websites now provide a broad spectrum of services, info, support and more to traders of all levels of experience, as well as to those simply interested in finding out more about the world of Forex trading.
Information hubs, places to exchange ideas and tips, educational forums, a means to share the latest Forex news instantly – today’s Forex trading websites provide all this and more. I’ve collected together the top Forex trading websites online today, based on their Alexa rankings, and all are an invaluable source of information and inspiration for experienced and budding fx traders alike.
We decided to gather information about some of the top Forex Trading related websites. This choice is subjective and it is arranged from our research and having in consideration the choice of traders, Alexa rankings and Page rank. It is not a final statement and it constitutes first of all a list of the main web properties of the still in its adolescent age Forex trading industry. These websites are independent owned and managed. We did not include in here broker or industry owned properties such as Dailyfx.com from FXCM, TradingFloor.com from Saxo Bank, Fx236 from GFT / Forex.com, ForexBlog.oanda.com from OANDA and others. That will be in another article. We included MetaTrader community forum forum.mt5.com as it is independent owned by MetaQuotes, but somehow independent from any industry major player.
So here is the list. Let us know your comments or considerations and if we forgot any critical website please write us and we will consider it.
1. Forex Factory
Alexa: 1,221 PRank: 5
Easily the biggest and best-known forex forum network out there, there are plenty of reasons for Forex Factory’s success. If you want to find out about the very latest news releases and how they are going to affect your trading session this is the place to go. An excellent calendar and up-to-the-minute news section are made all the more easy to navigate thanks to the site’s colour coded system, which shows how severe each news situation is. Additionally, there also a robust forum to check out, which covers all aspects of trading.
2. MT5 Forum
Alexa: 3,919 PRank: 3
This community forum, primarily for users of MetaTrader 5, is a place to discuss anything and everything forex with other traders at all levels – from weighing up the pros and cons of a range of trading software, to sharing your opinions on the current economic situation as well as trading strategies. While there is a definite focus on MetaTrader 5 (and MT4), there is plenty of more general interest for forex traders using other platforms, including a forex events section and an in-depth forex analysis section bringing you news and views from those in the know.
3. My FX Book
Alexa: 4,448 PRank: 3
This social forex community is the first of its kind, doubling as an automated analytical tool for your forex trading account. Supported by MetaTrader 4, MetaTrader 5, fxTrade/fxTrade Practice, FXCM Trading Station and Strategy Trader, you can track, compare, analyze and share your trading activity all from this one site. Learn from the community here, scout for work using your profile as a resume, or explore the many and varied analytical tools this site grants you free access to.
4. FX Street
Alexa: 5,561 PRank: 6
This multi-lingual forex giant is essentially a global meeting place for traders worldwide. You’ll find real-time exchange rates and charts, the latest news, market analysis, trading newsletters providing daily outlooks, aggregated weekly forecasts and previews of big events too. You can also compare brokers at a glance, seek support from the online community here, as well as sharpen up your skills in the FX Street Learning Center.
5. Francesc Riverola
Alexa: 5,561 PRank: 5
The renowned blog from the President and former CEO of FX Street provides you with all the insider knowledge you need to get the lowdown on what’s really making the industry tick right now. As one of the foremost thought leaders in the world of fx, he’ll be a familiar face to anyone who’s browsed the pages here at ForexThink – and that Alexa ranking proves that we aren’t the only ones keen to hear what he has to say.
6. FX Path
Alexa: 5,561 PRank: 2
Another one of the excellent blogs to be found over at FX Street, this gives you an insight into the technical trading tips and techniques of James Chen, Chief Technical Strategist at FX Solutions.
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