For most Forex traders, the Forex Factory website does not need a special introduction. It is more than a forum, it is a multi-facet app that features a calendar, a raft of news articles, information about brokers and also some useful charting features.
Earlier today, Fair Economy, Inc., the operator of Forex Factory, confirmed that it (quietly) launched an upgrade to its charting. Now, members of the Forex Factory community can apply some simple drawings, and a couple new indicators. The team of Fair Economy says many more are to come later this year.
Let’s note that the Forex Factory Market product is powered by a sophisticated infrastructure that aggregates prices from multiple sources. The infrastructure has been developed by Fair Economy since 2009, and its price-aggregation capabilities enable Forex Factory to provide prices with exchange-like integrity, bringing a trace of centralization to an otherwise OTC market.
The Market product also includes synthetic instruments that cross currencies with metals (e.g. Gold/GBP), energies (e.g. WTI/EUR), and cryptocurrencies (e.g. BTC/JPY).
Forex Factory is designed for professional traders participating in the foreign exchange markets. Its mission is to connect traders — to the markets and to each other — in ways that positively influence their trading results. The ideal is that every trader comes away from every visit with fresh ideas, more knowledge, and heightened market awareness.
Forex Factory is owned and operated by Fair Economy, Inc., a company dedicated to the democratization of financial information.