Renewed Greek debt worries scared off Forex traders from buying euros at many of the world’s Forex trading markets and sites, such as ForexYard, during Wednesday’s London and New York trading sessions. The euro suffered broadly against the majority of other currencies including the Swiss franc, which hit record highs against its Eurozone counterpart.

It is now looking more and more unlikely that Greece will be able to meet their original debt repayment schedule, with the Greece’s government considering making a request to restructure the repayment agreement. Many market analysts and insiders believe that the shadow of uncertainty hanging over Greece is the main reason for the euro’s recent poor performance. However, it is widely believed that even if the Greece situation worsens it wouldn’t be disastrous for the single European currency.

Towards the end of Wednesday’s New York Forex trading session the euro was continuing to struggle, losing ground across the board. The euro was down to $1.4086 against the US dollar and down to Y115.45 against the Japanese yen at ForexYard, where traders are still willing to open short positions buying euros but appetite for the euro in the long term is virtually non-existent.

So what next for the euro? Well the European Central Bank has been making noises regarding further interest rate increases, possibly as soon as this summer. And as always, an interest rate hike would be likely to boost the struggling euro.

If you want to try your hand at trading foreign currencies online or if you’re looking for a new place to trade take a look at what ForexYard has to offer. ForexYard is one of the internet’s leading online Forex brokers, offering a wide range of currency pairs along with tight spreads and even a welcome bonus of up to $1,000 when you first fund your trading account. To find out more visit www.forexyard.com.

eToro is widely considered to be the best place for new Forex traders to learn their skills thanks to; a two-mode trading platform that offers a ‘visual’ version for beginners and a version for experienced Forex traders, the OpenBook that offers new traders an insight into other traders positions and deals and demo account that allow traders who are new to this fast –paced world to try before they buy! Now, to offer further assistance to new traders there’s a brand new Forex education centre at eToro that offers a huge range of courses and advice.

The Forex education centre at eToro is packed full of training courses, strategy guides, in-depth explanations and much more. However, the education centre isn’t exclusively for new Forex traders at eToro. There are advanced courses that are as beneficial to time-served traders as the beginners’ course are to novices. You will find everything from a glossary of terms to advanced theories and profit strategies in the education centre, so no matter what type of trader you are and how much experience you have eToro will be able to offer you further trading wisdom.

If you’re new to Forex trading or if you want to give this exciting investment method a go for yourself head over to www.etoro.com, where you can open a new Forex trading account in minutes and then take advantage of the fantastic eToro welcome bonus that pays you up to $10,000 when you first fund your trading account. And don’t forget that you can enter the trading challenges for the chance to win cash prizes and, of course, you have the new Forex education centre at eToro, where you will find all you need to know to about Forex trading and making profits.

If you’re new to the fast-paced and high pressure world of Forex trading it may be difficult to see how everything works and how people make money. You may hear stories about experienced Forex traders making a fortune as a currency pair rockets but which pair and when? Well now you can see trades being made, follow traders and copy trades with the eToro OpenBook.

The OpenBook is a section of eToro where you can interact with other Forex traders as well as watch their trades being made and you can even copy their trades in a bid to cut a profit too. With the OpenBook, eToro has created a Forex trading social network that allows you to get right into the heart of the world of Forex trading without the need for massive bankrolls or decades of experience.

The OpenBook from eToro allows you to see professional traders making their moves right in front of your very eyes and, as we’ve already said, you can copy trades with the eToro OpenBook, so if you’re following the right trader you could be quids in!

Being able to copy trades is all well and good but it won’t show you how to make those trades independently for yourself. However, there’s a massive friendly community of Forex traders of all experience levels available to chat with and share trading experiences with at eToro. These fellow traders, coupled with the revolutionary OpenBook makes eToro the perfect place for new traders to start out. If you want to find out more about the OpenBook or learn about Forex trading at eToro in general visit www.etoro.com.

Click here to visit eToro

When you first enter the exciting and fast-paced world of online Forex trading you may find it all a bit daunting. Where do you start? What are spreads? Which instruments are the best performers? These can be just some of the questions that you need answering, answers that can be found at eToro. Forex trading for beginners at eToro is made as simple as possible, with everything from personal trainers to in-depth education courses available for newbies at eToro.

To make understanding and following the trends and fortunes currency pairs and commodities easier to fathom eToro offers you graphic trade visualisations. This offers you a clear idea of what an instrument is doing.

The industry-leading eToro trading platform is one of the most user friendly interfaces to be found at any of the internet’s leading online Forex brokers. This simple, yet intuitive trading platform is a firm favourite among online Forex traders.

Before you make a deposit at eToro you can trade Forex using a practice account. The practice account allows you to trade Forex at real prices but without any risk.

There are video tutorials and training courses in their dozens at eToro. Whether you’re a brand new Forex trader or an experienced trader looking to gain a new edge there’s a training course for you.

Finally, the investment level you require to start trading at eToro is just $50. That’s right, you can start trading online Forex for just a few dollars, unlike at other sites where the investment level is much greater.

So in short, if you’re looking for a place where you can learn how to trade Forex visit www.etoro.com, where you will find everything you could possibly need to start you out on your Forex trading adventure.

• Simple platform
• Quick execution
• Wide spread until 10 pips during news and weekend
• Tight spreads 0.9 pips on EUR/USD
• No minimum trade size, great for beginner.
• Get interest for your account balance
• Poor customer support

Overall I give 8/10 for Oanda. What do you think about Oanda?