Forex Factory is hiring

July 5th, 2011

We’re hiring for several positions on the Forex Factory team. The positions are based in Tampa Florida, Kolkata India, and remote from Asia or Europe. Please visit our Careers page for more information.

We’re especially looking for traders and economists to join our growing Website Coordinator team, which manages the Forex Factory website on a day-to-day basis. If you’re an Internet power user with market experience, we urge you to apply for this opportunity!

Posted by Jan, Forex Factory Human Resources

Placement features for Trade Explorer

June 3rd, 2011

After working out the kinks and solidifying the infrastructure, the Trade Explorer is now out of beta and we’ve started adding features. The first set of features give you great flexibility in where you can place your Explorers around the FF website, making it almost effortless to keep track of your performance.

Page placement
Now you can view your Explorers on the FF homepage, Calendar page, News page, or Market page — it’s up to you. Click Options in the top right of your Explorer to modify its placement.

Thread linking
Any public Explorer can now be linked to any Forum thread. Once linked, the Explorer will be displayed at the top of the thread, making it easy to discuss your Explorer with others, or discuss another member’s Explorer. To link an Explorer, click Thread Tools > Thread Options on any thread you’ve started.

Display order
If you have more than one Explorer, you can now specify the order in which they stack on the page. This control lets you align your Explorers in a way that works with your trading habits. Click Options in the top right of your Explorer to modify its order. Remember, this option will only appear if you have more than one Explorer.

If you have feedback or ideas for improvement, please contact us!

Posted by Michael, Forex Factory Product Developer

Trade Explorer beta launched

February 24th, 2011

Broker platforms leave much to be desired in regard to analyzing your trading performance. Most traders don’t know basic performance statistics about their trading, such as average trade return, Sharpe ratio, and maximum drawdown, and it’s rare that a trader even knows what their equity curve looks like. It’s hard to improve if you don’t know where you stand.

The Trade Explorer is Forex Factory’s answer to this problem. It’s an online interface that connects with your MT4-based brokerage account to put hundreds of metrics and over 60 graphs at your fingertips. Explorer not only helps you evaluate your historic trading performance, but it automatically synchronizes with your brokerage account to give you real-time analytical capabilities. Create a Trade Explorer or read operational details in the user guide.

Create a Trade Explorer

See Explorer in Action

We didn’t invent the concept of a performance analyzer, but we have taken it into new territory. Here are a few features that set Explorer apart:

  • Auto sync
    Automatically synchronizes with your brokerage account, even with the platform closed, allowing you to monitor your performance from anywhere with an Internet connection.
  • Equity|Balance toggle
    Allows you to display performance metrics based on either equity or balance.
  • Time zone control
    Can be set to reflect any time zone, allowing you to match your broker’s time zone or adjust when the day begins.
  • Gap
    Pending orders display a metric we call ‘Gap,’ which shows how many pips away the order is from the market.
  • Open leverage
    Displays leverage of open positions in the familiar “XX:1″ format, helping you easily identify how far from a margin call you are. Look for the ‘Lev’ column on the ‘Open Trades’ table.
  • Help icons
    There are help icons () for every metric to tell you precisely how the calculation is made. Hover on the icon to expand the help caption, or click it to hold the caption open.
  • Interactive graph
    Flexible design allows you to set the X and Y axis to your preference, giving you a high degree of control. Over 60 combinations available.
  • Industry stats
    Reports statistics in the same industry standard format used by CTAs and hedge funds.
  • No fake results
    Direct connection to brokerage accounts makes it impossible to fake trading performance. No need for a verification system — all Explorers are connected to a legitimate brokerage account and the live/demo distinction cannot be faked.

Currently Explorer is only compatible with MetaTrader4-based brokerage accounts. We plan to incorporate other platforms in the future. We’re still in early stages of development so your feedback is really important at this time. Let us know what you think via the contact form.

For more details on Explorer, please read the user guide.

PS, a huge “Thank You” to the beta-testers who helped us with this project!

Posted by Michael, Forex Factory Product Developer

Sessions redesign

August 9th, 2010

Almost four years ago we developed the Sessions product located in the top-left of the homepage. With the introduction of Market we decided to revamp Sessions with a new layout and a first-of-its-kind liquidity gauge. A red icon () indicates high liquidity, orange () indicates moderate liquidity, and yellow () means liquidity is low. Please read the user guide to learn more about Sessions.

The new layout increases pre-click information and shows the local time of each city, and the liquidity gauge is a unique indicator powered by our Market Data System (MDS). MDS was built from the ground up to supply data to the Market page, but it also collects valuable information about spreads and tick volume across seventeen brokers (and counting). Since spread size and tick volume can individually estimate liquidity, we built the liquidity gauge to combine both metrics. The calculations are listed in the user guide.

Fyi, the old version of Sessions will still run on the homepage until the new version is tested enough to replace it.

If you have any feedback or bug reports we’d love to here from you — contact us or leave a comment. :)

Posted by Scot, Forex Factory Senior Developer

FF hiring Website Coordinators

June 14th, 2010

We’re hiring two more Website Coordinators to work at our headquarters in downtown Tampa, Florida. Ideal candidates will have advanced computer skills, a few years of Forex trading experience, and be local to downtown Tampa. If this sounds like you, and you’re looking for a job with a growing company where you have real possibility for advancement, we want to hear from you!

Get the application process started!

Btw, I’ve been working at FF for over five years and can vouch that this is an awesome company to work for. ;)

Posted by Sidney, Forex Factory Director of Marketing

Broker Quotes redesign

June 10th, 2010

We recently launched a new interface for Broker Quotes, FF’s groundbreaking aggregator of quotes from forex brokers.

Broker Quotes was initially designed to fit in FF’s left column – now it’s in a half-page format on the Market page, under the Composite Quotes table. With more room we’re able to show more pre-click information, the most useful of which is the spread (in pips) from each broker. The new Broker Quotes also includes FF’s recently-developed ‘Live’ setting, which streams data without interaction. Just check the box in the top right corner and quotes will update automatically.

Like the original design, you can control the ‘Composite’ quote by choosing four brokers from a list of industry leaders, each whom supply FF with a direct connection to their standard retail rates. The Composite is very flexible, allowing for any number of broker combinations, including designating all slots to the same broker.

Broker Quotes is still in beta as we’re working on some issues at market open and market close, but overall it should be pretty solid. If you find a bug it would be most appreciated if you let us know!

Posted by Scot, Forex Factory Senior Developer

FXCM Expo sponsored by FF

March 23rd, 2010

Forex Factory is a proud sponsor of the FXCM Expo at the Rio in Las Vegas, May 3-4, 2010!

This free two-day event includes educational courses for all trading levels taught by FXCM’s course instructors as well as the DailyFX research analysts. There will be over 60 classes and workshops covering a wide range of topics important to today’s Forex trader. Many FF members will be pleased to know there’ll be a course track designed specifically for the MetaTrader community! See the full workshop schedule.

You can register for the Expo, for free, at, or contact an FXCM representative for more information at 1.888.503.6739 or

Please note FXCM has secured a limited number of discount rooms at the Rio for Expo guests. By staying at the Rio, not only are you an elevator ride from all the action, but every room is a luxurious suite! In order to get the exclusive Expo discount, you need to reserve your room online before they’re all gone!

See you in Vegas! :)

Posted by Sidney, Forex Factory Director of Marketing

Market data goes live

February 23rd, 2010

You might have noticed we’ve been rolling out the live socket for the new Market tab.

The live socket allows us to push real-time data from our servers to Market’s chart and quotes table. If you appreciate the fact that Market’s quotes are a composite derived from multiple brokers, you’ll love seeing it happen live. :)

At this time the ‘Live’ box must be checked every time you visit — the setting is not remembered like the other features on the page. This is by design, to reduce page load times and server load. We plan to make the Live button “sticky” when we can do so reliably. Also, the Chart and Composite Quotes have independent Live settings. This gives you control over how much processing your computer must do. For example, you may only need to see a live chart, and don’t want to waste resources on live quotes.

We’re hard at work ensuring the reliability and accuracy of Market, and stay tuned for some cool data-aggregating features currently being developed. If you run into a bug or have ideas for improvement please comment or contact us!

Posted by Michael, Forex Factory Product Developer

New product: Market

November 29th, 2009

Today we’re proud to introduce Market — a flexible, customizable, quick view of the forex market.

See Market in action or read the user guide to learn how it works.

Our goal was to develop an interface that allows forex traders to quickly and easily see what the market is doing. The quotes block displays ten currency pairs, the pip and percentage change for each, as well as the period high/low – all of which is customizable and remembered on your next visit. Beside every currency pair is a chart icon which sends the currency to the interactive chart. There you can get a proper visual by adjusting the interval, chart type, and cursor. And if you fret doing time zone conversions you’ll be happy to see that the chart adheres to your time settings.

While the interface was designed specifically for the modern forex trader, what makes Market really unique is that it’s powered by Forex Factory’s Market Data System (MDS) – a custom-built infrastructure which aggregates quotes from multiple forex brokers. All data you see on Market is collected and averaged by MDS, providing you the truest view of the forex market.

Market is one of our most complex products to date; most of our team has been working on it ever since we launched Broker Quotes (another MDS-powered product) in July. We have a lot of great ideas for improvement, but our first objective is to ensure the data is stable and highly reliable. Once that’s achieved, we’ll be focusing on the live socket version which will automatically push data to the page, so you won’t have to manually refresh anymore. :)

Market is still in beta form so you’ll likely see some errors and downtime. We need your help ironing out the bugs, so if you run into one, or just have general feedback, please drop us a line!

We hope you enjoy the new tab!

Posted by Michael, Forex Factory Product Developer

News content by FNN

August 27th, 2009

A big change is being made to the News section today! All stories will now be provided by members of the Factory News Network (FNN), a team of familiar faces we’ve organized to bring you the most timely, insightful, and interesting Forex news in the world. :)

FNN members will provide a blend of stories from around the web and personally authored stories – all catered to Forex traders. The founding members of FNN include:

caseystubbs | Representing Winners Edge Trading

James Chen | Representing FX Solutions

ForexDatasource |

Learning Markets | Learning Markets

Mohammed Isah | Representing FXTechstrategy | TheLFB

Trout | Representing Trading University

Yohay | Representing Forex Crunch

The introduction of FNN marks the end of Forex Factory’s wide-open story submission format. After a long wrestle with the model we don’t feel it can produce the level of quality and value that we expect from our products. As a coordinated team of analysts and traders, FNN has the skills to deliver the consistent and reliable news that’s been lacking in the open format.

As always, we welcome your feedback!

Posted by Sidney, Forex Factory Director of Marketing