Top 25 Forex Sites (By the Numbers)

At Forex Blog, we like to keep up on the latest forex news by keeping tabs on other forex Web sites. Recently, our desire to stay on top of the latest forex news begged the question: which forex sites have the biggest reach? With nowhere to turn to answer this question definitively, we thought it would be an interesting exercise to rank all Web sites in the forex niche.

In ranking the top forex sites, our goal was to show — using objective data from reliable sources — which sites that are solely about forex are the most popular. To this end, we used data for these four metrics to calculate the rankings:

• — Google PageRank
• — Alexa Rank
• — Technorati Link Count
• — Compete People Count

Top 25 (see complete methodology below)

Rank	Site					Score
1	FX Street	6	10	10	10	36
2	Daily FX	6	10	10	10	36
3	Global Forex Trading	6	10	10	10	36
4	Forex Factory	4	10	10	9	33
5	Babypips	5	9	9	9	32
6	Action Forex	4	9	10	9	32
7	Forex News	6	9	9	8	32
8	CMS Forex	5	9	8	10	32
9	FX Solutions	4	10	7	10	31
10	Forex TV	5	6	10	10	31
11	Forex Markets	4	8	8	8	28
12	Global View	5	7	7	9	28
13	Finotec	4	9	8	6	27
14	Forex Directory	4	8	8	7	27
15	FX Words	6	6	6	9	27
16	Grace Cheng: Power Forex Trading	5	8	7	6	26
17	The Forex Project	4	6	9	7	26
18	Forex Blog	5	6	9	6	26
19	Forex Bastards	3	8	5	8	24
20	Secret Forex Society	4	8	5	7	24
21	Peter Bain: Forex Trading Commentary	3	7	6	8	24
22	MTI Forex Tips	4	7	7	6	24
23	Pip Trader	4	5	6	6	21
24	Forex Realm	4	5	4	7	20
25	Free Forex Charts	6	4	3	7	20

Methodology

To begin, we referred to an earlier post of ours, Top 100 Forex Resources, to gather an initial list of sites to rank.

For each metric, a score was assigned on a 0–10 scale. For Google PageRank, raw PageRank data was scored. For Alexa Rank, Technorati Authority, and Bloglines Subscribers, the Web sites were broken up into deciles. If a Web site was in the 0>10% decile, a 1 was scored; for the 10>20% decile, a 2 was scored; and so on, up to a 10 being scored for the 90–100% decile. If no data was available, a 0 was scored.

The overall score for each Web site is the sum of the scores of the four metrics. In the event of a tie in overall score, the tie is broken according to the Alexa Rank raw data.

Raw Data for Entire Set

Rank	Site
1	FX Street	6	7,252	15,114	31,817
2	Daily FX	6	12,991	3,350	50,605
3	Global Forex Trading	6	22,638	1,479	45,665
4	Forex Factory	4	5,385	1,085	8,726
5	Babypips	5	29,534	951	6,078
6	Action Forex	4	47,022	7,853	7,191
7	Forex News	6	54,775	745	3,939
8	CMS Forex	5	59,052	310	15,723
9	FX Solutions	4	28,263	207	160,374
10	Forex TV	5	195,082	1,247	15,380
11	Forex Markets	4	101,022	309	2,849
12	Global View	5	173,139	228	9,070
13	Finotec	4	37,691	346	1,016
14	Forex Directory	4	96,132	435	2,405
15	FX Words	6	213,487	183	5,082
16	Grace Cheng: Power Forex Trading	5	99,604	291	1,121
17	The Forex Project	4	210,968	466	1,392
18	Forex Blog	5	218,080	1,042	1,047
19	Forex Bastards	3	60,769	113	4,343
20	Secret Forex Society	4	102,413	110	1,871
21	Peter Bain: Forex Trading Commentary	3	112,319	126	3,341
22	MTI Forex Tips	4	119,283	261	1,045
23	Pip Trader	4	318,320	115	1,312
24	Forex Realm	4	442,474	72	2,153
25	Free Forex Charts	6	735,587	23	1,987
26	FX Power Trading Course	5	762,178	14	2,725
27	Earn Forex	3	285,271	891	0
28	Open Forex	5	522,180	433	0
29	Piptopia	4	283,227	95	0
30	Currency Secrets	4	319,276	74	0
31	Forex Reader	4	925,415	251	0
32	E-Forex	4	725,463	45	0
33	Forex Training	4	792,896	83	0
34	Forex Central	3	882,795	123	0
35	Ace Trader	3	183,248	4	0
36	Top 100 Forex Sites	0	353,883	158	0
37	Forex Predictions	3	1,019,283	33	0
38	Forex Trading USA	3	1,239,717	70	0
39	Scotia FX	5	2,771,289	14	0
40	FX HomeTrader	4	3,349,877	48	0
41	Learn4X	3	1,295,120	30	0
42	Forex Fibonacci	3	1,873,925	11	0
43	Forex Business	4	3,136,818	5	0
44	Info Forex	4	3,234,432	14	0
45	A Forex Loser	3	3,844,810	19	0
46	Forex Glossary	4	4,104,774	13	0
47	IFXTAG	4		29	0
48	Forex Planet	0	7,461,379	18	0
49	Forex Economic Calendar	0	2,340,539	3	0
50	My Forex Trading Tools	2	No Data	1	0
51	FX Quote	0	No Data	1	0

The Day Trader's Toolkit: 100 Free Online Apps for Professionals

Nothing beats direct access to a trading desk for day trading success, as instantaneous trade executions can be important for day traders who seek arbitrage opportunities that last second. Large amounts of capital and leverage and expensive analytical software are also important for the individual or institutional traders who seek easy profits that can be made from arbitrage opportunities and news events. While we can't provide you with the ability to bypass a broker or pass on wads of cash for trading opportunities, we can supply you with a list of free apps that can help you gain a day trading edge.

The "free" part of this list is a bonus for day traders who seek to eliminate any dents in profits. You can gather free news, analytical tools, screeners, charts, and professional advice from this list. Plus, we've saved you time (and time is money!), as this list provides you with a handy alphabetical directory with direct access to the means for your future success.

13 Socially Responsible Careers in Finance

  If you're interested in a financial career, you might be curious about how   your interests can lead to reconciliation between your job and your belief   system. Social finance might open the door to several solutions for your   dilemma. While social financing might seem new, it's been around since the   first individual took a stand against profit at any cost. A Quaker would no   more   finance   slavery before the Civil War than a   conscientious objector would   finance war machines today.

  Before you have an epiphany about your career goals, you might want to learn   more about the various facets within social financing, the career   opportunities that are open to you, and the education you may need to pursue   your dreams.

How Does Terrorism Affect Your Trading?

Most American traders know that a majority of stock market investments have become global over the past quarter century. Even homegrown companies have expanded with overseas offices or, at the minimum, overseas clients have come on board through the Internet. Currency traders aren't immune to global trading, as the Forex market has opened to any interested trader with money to invest. While investors can look forward to portfolio growth with market expansions, they can also begin to measure how terrorism has affected their trades since 9/11.

The events on 11 September 2001 seem to provide the baseline for many analysts on how terrorism can affect trading. The day before the Twin Towers fell, the Dow Jones Industrial Average (DJIA) closed at $9,605.51. One week later, when the markets reopened on September 17, 2001, the DIJA hit an intraday low of $8,755.46 and the market didn't recover for about another month. But, terrorist attacks - even the threat of an attack - can affect any market beyond Wall Street. Forex is especially susceptible to terrorism, since many targets focus on financial institutions or on major industries that represent wealthier countries.

According to one study [PDF] conducted by Ohio State University, exchanges, banks, and oil companies aren't the only facilities that terrorists target. This study reveals that 75 terrorist-related attacks between 1995 and 2002 were focused on publicly traded firms and that the average loss per firm per attack was $401 million in market capitalization.

Top 100 Forex Resources

The average daily forex trading volume currently exceeds $1.9 trillion. With so much on the line, we've put together a list of our favorite 100 forex resources to help you become a knowledgeable forex trader. The following resources were chosen for the quality of information and training tools offered. Although some of these tools are located on commercial sites, you'll find value in materials produced by professionals. Other sites were chosen for the resources that they offered for a price (like books), but they're all geared specifically toward the forex trader. The chosen sites are written in the English language, but some individuals, businesses, and organizations are located in areas other than the United States. All sites are listed in alphabetical order within the following categories: