Forex factory 9

Forex Factory review: Community and trading tools in test.

Forex trading has become very popular among traders. The need for exchanges on the subject of Forex is accordingly great. The Forex Factory has taken care of this and offers a virtual place where Forex traders can exchange information among themselves: The Forex Factory Community.

In various forums, traders can give each other advice and tips, as well as talk about current events together. However, forums often do not have a good reputation. It is always questionable whether the respective forum offers any added value at all. We have answered this question and have tested Forex Factory for you. Our experiences with the offer and the community are presented in this article.

What is the Forex Factory? – An insight into the company.

Forex Factory has been in existence for more than 16 years and is a part of Fair Economy Inc. which includes several web projects. Among others, the projects Metals Mine, Energy Exch and Crypto Craft . The series is completed by Forex Factory. Each web project focuses on a particular investment market. In the case of Forex Factory, it is Forex and thus foreign exchange trading. Forex trading is characterized by trading currencies. In this context, the abbreviation Forex stands for Forex Exchange. Trading of different currency pairs, where one is always the base currency and the other is the quote currency, is called Forex.

There aren’t too many communities for the Forex market yet, which is why Forex Factory, with its early entry, has managed to bundle several thousand traders on the site, all with one goal in mind: To earn the highest possible return with Forex trading. In this sense, Forex Factory’s vision is that they want to be the number one source of information for trading Forex . Through strict community guidelines, Forex Factory is a place where traders can exchange constructive ideas and opinions, regardless of location. Fake news is a no-go here. Instead, traders can support each other and push trading to a higher level together!

Forex Factory support: Reaching out to the company.

Traders can enter questions about the broker in a contact form and send this to the provider. It is unclear when an answer will come. The contact options of Forex Factory are thus a small downer. An exchange in a forum actually suggests quick answers. A contact form seems downright oldschool.

In addition to the contact form, the provider also actively informs traders about their own blog. There, company news about jobs, an update of the website and tools, and other news are published regularly.

The best alternatives for traders – get professional trading conditions with a regulated broker:


Free account:


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(Risk warning: 87.41% of retail CFD accounts lose money)

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3. Vantage Markets.

# High leverage up to 1:500 # High liquidity # No requotes # MT4/MT5 # Spreads from 0.0 pips.

Live account from $ 200.

(Risk warning: Your capital can be at risk)

The Forex Factory community put to the test.

First of all, we would like to take a closer look at the Forex Factory forum together with you. In this forum, traders can support each other and exchange information. You yourself have a choice: either you are a silent reader or you participate in Forex Factory and become part of the community. The positive? Both are free of charge for you. We have taken a look at the Forex Factory forum from several points of view. On the one hand, we are of course interested in how much detail is put into topics in the Forex Factory. But we are also interested in how constructive the discussions are. Do they really only talk about Forex or does the typical community character take effect here, which counts unserious conversations as the order of the day? We will find out together.

These are our evaluation criteria:

Possibilities for interactions Community guidelines Exchange with added value Membership.

Interacting with the community: 8 forums.

If you click on the menu tab “Forum” on the Forex Factory website, you will get an overview of the most popular forums. In general, there are eight Forex forums that invite you to exchange ideas. These are:

Interactive Trading Trading Systems Trading Discussion Platform Tech Broker Discussion Trading Journals Rookie Talk Commercial Talk.

The main forums themselves are then subdivided again into different forums that deal with specific subject areas . Are you interested in the currency pair EUR/USD or USD/JPY? You are guaranteed to find the right forum for the topic at Forex Factory. The same applies to the choice of broker, different strategies or the analysis of certain indicators.

Guidelines for interacting in the Forex Factory forums.

Among other things, it is written in the guidelines that members are rated according to their followers on a rating scale. This definitely makes sense. This way, the community can decide for itself whether a member publishes serious content or not. The most popular members even get a badge, which makes them stand out from the other 90% of traders. This is the gradation of the member ranking:

High Impact Member = Top 2%. Medium Impact Member = Top 5% Low Impact Member = Top 10%


Any forum that wants to remain serious needs guidelines. Guidelines describe the dos and don’ts for conversations within the community and thus set the tone.

Trade more than 6,000 markets without commissions and professional platforms.

(Risk warning: 87.41% of retail CFD accounts lose money)

Added value from conversations.

Of course, we also looked at the added value of the conversations in the forum and were pleasantly surprised. The conversations have focused almost exclusively on Forex trading. Of course, there are comments that don’t really add value. But they focus on the focus topic and more is not really to be expected from a forum. The conversations themselves seem very friendly and constructive.

We were able to work out five advantages for traders in the Forex Factory forum i n this regard and would like to briefly discuss each of them. On the one hand, the forum naturally serves to discuss current market events together. This increases the accuracy of the analyses. In addition, general questions about the platform or about trading Forex can be discussed in the forum. The advantage that traders can learn from each other should not be forgotten. This can also have a positive effect on their own trading and create learning effects.

Finally – and this is probably the most important advantage – t he error bias is minimized by the common analyses . Why? One does not only concentrate on one’s own thoughts but can always include the opinions of other traders in the analyses.

Be a part of the community – Membership conditions at a glance.

Well? Are you curious and want to be a part of the Forex Factory community? It’s very simple. To be a member of Forex Factory, you just need to register on the website. The registration is 100% free of charge . Basically, you can view all the content of the forum without registering, but it makes sense to be a part of the community. Among other things, you can then also participate in the numerous tools of Forex Factory, which we will tell you more about in the course of the Forex Factory test.

The registration is done within seconds. It is important that you adhere to the community guidelines at all times. Among other things, these state that members should also be active in order to be allowed to be a part of the community in the long term. A little commitment is therefore desired. The general conditions are fair and for us, there is nothing against becoming a part of the forum.

These opportunities are waiting for members:

Posting in forums Posting Use Trade Explorer tool Use all tools from Forex Factory and synchronize with your own broker Subscribe to topics and members.

Short summary: Forex Factory Forum convinces.

Before we move on to the rest of Forex Factory’s offer, we would like to briefly finish the evaluation of the forum and thus the core of the offer. The Forex Factory convinces with exciting threads, in which traders can exchange information about any Forex-related topics. The topic can be as nerdy or specific as you like: We guarantee that you will find what you are looking for and at the same time find like-minded people . Through the forum, you can also take your own Forex trading to the next level, as you can participate in the experiences of different traders.

Trade more than 6,000 markets without commissions and professional platforms.

(Risk warning: 87.41% of retail CFD accounts lose money)

Other offers of Forex Factory.

If you think that this is all Forex Factory has to offer for Forex traders, you are wrong. Besides the forum, Forex Factory offers seven other tools that support Forex trading. These are tools that can be used without registration as well as tools that require membership.

By the way: If you decide to become a member, you can synchronize your Forex Factory account with your own broker and use the tools even more efficiently!

These are: