Getting Started at Online Forex aims to cover major news and events in this vast Foreign Exchange industry. In addition, there are educational resources and reviews regarding the currency market. There is a wide variety of articles and trading tips for beginners and advanced currency traders.


News & Events -Covering the Foreign Exchange Market

Forex trading has become very popular nowadays. There are thousands of Forex providers and millions of Forex Traders in all over the world. covers the main events in the Foreign Exchange market.

Forex Expos

The Foreign Exchange market is notorious for a great number of high-class expos. Forex expos are held all over the world, from New York to Cyprus, Dubai, and Hong Kong. During these events, retail traders and Forex-related businesses have the chance to meet in person and discuss Forex trading. In addition, Forex expos usually offer a strong educational incentive to all retail traders as there are seminars, workshops, and important spokesmen.

» Forex Events | » Market News

Online Forex Reviews & Ratings

OnlineForex.Biz includes many reviews regarding Forex brokers and trading systems. The main feature of our reviews that makes them unique is that you may read them like a business card. All trading aspects are divided into 3 main categories:

1. Company Info,

2. Trading Info, and

3. Account Info

Forex Trading Strategy and Risk


Forex Trading Strategy, Stops, and Risk

Designing and implementing a trading strategy is essential for every Forex trader. Forex strategies may involve several trading styles (scalping, news-trading, swing, etc.) and multiple timeframes {intraday, daily, weekly, or monthly}.


Key Principles for a Successful Forex Strategy

1. A Forex strategy must be compatible with your trading profile and your appetite for risk

2. Forex strategies will prove more efficient when they focus on a couple of Forex assets than when they cover the whole currency market

3. A successful Forex strategy must keep things simple and clear. Overcomplicated strategies tend to fail in the long run as they are very difficult implemented

4. Testing a trading strategy using historical data is a logical step, but keep in mind, the currency market is evolving so past data success is not a promise for future success

Basic Money Management

5. Incorporate always some basic Money Management, and that means (i) a stop-loss (simple or trailing stop) and an (ii) take-profit order

6. Adjust your stop-loss and take-profit according to the major support and resistance levels, and your timeframe

7. Leverage your funds wisely and keep in mind that high-leverage can be catastrophic, especially for beginners. Don't forget that trading leverage increase your risk but also your trading cost

8. Evaluate the results of your trading strategy in the long run and don’t get too enthusiastic/disappointed based on short-term results

Free Forex Trading Tools

Foreign Exchange Trading ToolsCurrency Trading Tools

There are many free Forex trading tools designed to improve the performance of currency traders. These are some useful online Forex tools.


The market sentiment tool shows how many traders have taken a particular position in a currency pair. The market sentiment highlights the crowd behavior.

Dukascopy SWFX Sentiment


The Commitments of Traders (CFTC) is a weekly report presenting the net non-commercial (speculative) positioning in the US Forex futures market. The report can highlight the change in the positions of the 'smart money'. The COT report is released every Friday at 3:30 pm (EST time) and shows the positions for the prior Tuesday.

► More about Commitments of Traders on TradingCenter

CME Group COT |Scotia Bank Report


A pivot point is an average of significant prices based on a prior trading period.

Pivot Points Calculator


The Fibonacci Calculator is able to forecast major support and resistance price levels according to custom Fibonacci ratios. The Fibonacci calculator can be used in any financial market (Forex, Equities, Bonds or Commodities) and in any timeframe. As the price of a financial asset pulls back after an uptrend or a downtrend wave, that price pullback usually follows a certain mathematical relationship. The Fibonacci retracement uses the basic ratios (23.6%, 38.2%, 61.8%, and 78.6%) deriving from the Fibonacci's sequence of numbers, plus 50.0%.

Learn more on Fibonacci Trading | Fibonacci Calculator

Forex Heat Map and Use

What is the Forex Heat Map and How Can I Use it?


The most important research you have to do as a Forex trader is the analysis of the currency market. For this purpose, you're provided with a variety of tools and resources that can be used through the MetaTrader 4 platform.

The Market Heat Map is a very important tool when it comes to analyzing the market. It provides quick insight into exactly what is moving the Forex world, in real-time.

Let’s examine exactly what the Market Heat Map is, and how it can help you.


What is the Market Heat Map?

The Market Heat Map is basically a type of “radar” to track price movements and daily trading intelligence. It shows you the largest movements in the markets on both the up and downsides. These movements are the “heat” on the map.

The Market Heat Map helps you stay in touch with long & short trading opportunities, Daily Trends, Volatility, and other key metrics, all in real-time.

The MetaTrader-4 Tutorial

MetaTrader is a free and very popular Trading PlatformMetaTrader 4 Tutorial -Essential MT4 Tips and Tricks for Trading Forex Manually

MetaTrader4 from MetaQuotes is by far the most traded platform in the Forex industry. MT4 is a free and an efficient software solution for trading Forex, CFDs, and Futures. MetaTrader4 can meet the requirements of any advanced and professional trader, offering features such is fast order execution, full customization, 1-click-trading, built-in language for developing EAs, historical back-testing, and much more.


Mastering the MetaTrader4 Platform

Here are some essential MetaTrader-4 tips and tricks that every Forex trader needs to know.

(1) Customize Languages on Metatrader4

It is very easy:

  1. Go to Top-Menu and Select > View
  2. Select > Languages (among tens of different languages)

(2) Adding More Tradable Assets on Metatrader4

If you wish to see the full range of products offered by your broker, then:

  • Press Ctrl-U to reveal all Symbols in a new window
  • Select any Symbol from the list, and then press -Show- (on the Right) for each symbol you wish to add
  • You can also press –Properties- to find useful information about any product
  • The selected Symbol(s) appear now on your Market-Watch Window

Welcome Aboard provides news updates and educational information regarding Foreign Exchange trading. works also as an Introducing Broker to the best Forex Brokers around the world. This service is 100% free, as we get paid only by Forex brokers and never by traders..