DailyFX

DailyFX is an online brand of FXCM and provides forex trading tools and various types of information related to global financial markets. DailyFX offers exchange rate information, and other currency-related services. As of early 2013, independent ranking site Alexa ranks DailyFX in the top 3,300 of all sites worldwide by traffic, and a top 4000 traffic site in Canada, France, and Spain.
History and Operations
DailyFX was founded in 1999 in New York as a brand of FXCM to provide Forex trading news and analysis. The portal served forex trading community to offer free currency conversion tools, tables of historical data, news, and market analysis. The company offers its services to traders in most countries around the world and expanded its operations with offices in Dallas, San Francisco, Hong Kong, London, Tokyo, Paris, Berlin, Sydney, Dubai, Beirut, Milan, Santiago de Chile, Athens, Jerusalem and Tel Aviv. DailyFX is not directly regulated by any agency however it is covered under its parent company, FXCM for FCA, RFED, CFTC and NFA regulatory bodies. The company's analyst reports recent changes in the forex market to provide analysis of market moves, live currency quotes and other related news.
Services
DailyFX offers various free online currency tools, which allows visitors to check live exchange rates of any world currency.
Market Review
The market review consists of detailed account for previous and daily changes in the currency markets providing insight on the price dynamics of major currencies. It provides analysis of forces including political, economic, and technical factors that affects financial markets. It has an Economic Calendar section that provides information about G-10 countries events such as global economic data releases or central banking activity, covers important events and releases that affect the forex market.
Technical Analysis
The portal provides intraday technical analysis on particular currency pairs on the latest changes in the currency market. It reports real time close examination of chart formations to offer current price dynamics and trading recommendations.
Educational resources
The portal provides its readers with forum, articles and blogs on the Forex market. This section help traders to understand commonly used forex terms, techniques and concepts used in the forex market.
Business Model
The DailyFX business model is based on premium service DailyFX Plus, where it offers premium service for personalized trading education and tools to traders given by its analysts and instructors. It also offers a paid subscription service DailyFX on Demand where it provides feedback on client's by their analysts.

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