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#REDIRECT [[IG Group#DailyFX]]
{{Infobox company
|name = DailyFX
|logo = [[Image:DailyFX Company logo.png|200px|DailyFX logo]]
|type = [[Public Company]]
|traded_as = {{NYSE|FXCM}}
|foundation = {{Start date|1999}}
|founder =
|location_city = [[New York]]
|location_country = [[United States]]
|key_people = Drew Niv, CEO Co-founder
|industry = [[Financial Services]]
|services = [[Foreign exchange market|foreign exchange]], Currency trading news
|revenue =
|operating_income =
|net_income =
|assets =
|num_employees = 844<ref>{{cite web| url=http://www.sec.gov/Archives/edgar/data/1499912/000095012310110764/y87330b4e424b4.htm |title=FXCM Inc. Prospectus |publisher=FXCM |accessdate=December 11, 2011}} (2011)</ref>
|homepage = [http://www.dailyfx.com/ DailyFX]
}}

'''DailyFX''' is an online brand of [[FXCM]] and provides [[forex trading]] tools and various types of information related to global financial markets.<ref name="seekingalpha">{{cite news|title=DailyFX|url=http://seekingalpha.com/author/dailyfx |accessdate=5 August 2014|publisher=seekingalpha}}</ref><ref>{{cite news | url=http://www.reuters.com/article/2014/03/26/ny-fxcm-dailyfx-idUSnBw265265a+100+BSW20140326 | title=DailyFX to Present at The RISE Forum | work=Reuters | date=Mar 26, 2014 | accessdate=2 June 2014}}</ref><ref>{{cite news|last1=KARMIN|first1=CRAIG|last2=R. SESIT|first2=MICHAEL|title=Currency Markets Draw Speculation, Fraud|url=http://online.wsj.com/news/articles/SB112233048975295402|accessdate=2 June 2014|date=July 26, 2005}}</ref> DailyFX offers exchange rate information, and other currency-related services.<ref>{{cite web | url=http://www.nasdaq.com/author/dailyfx | title=DailyFX | publisher=Nasdaq.com | accessdate=2 June 2014}}</ref><ref>{{cite web|title=SSI: The Speculative Sentiment Index|url=http://www.dailyfx.com/technical_analysis/sentiment|accessdate=5 August 2014}}</ref> 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]].<ref>{{cite web | url=http://www.alexa.com/siteinfo/dailyfx.com | title=dailyfx.com - Traffic Details from Alexa | accessdate=2 June 2014}}</ref>

==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.<ref>{{cite news|title=The company's analyst reports recent changes in the forex market to provide analysis of market moves, live currency quotes and other related news.|url=http://www.handelsblatt.com/finanzen/boerse-maerkte/marktberichte/boerse-new-york-wall-street-schliesst-im-minus/9963212.html|accessdate=2 June 2014|publisher=Handelsblatt}}</ref>

==Services==
DailyFX offers various free online currency tools, which allows visitors to check live exchange rates of any world currency.<ref>{{cite web|title=Live Forex Rates|url=http://www.dailyfx.com/forex_rates|accessdate=5 August 2014}}</ref>

===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 [[List of currencies|currencies]].<ref name="seekingalpha" /><ref>{{cite web | url=http://www.marketwatch.com/story/dailyfx-extends-in-depth-analysis-to-specific-currency-pairs-and-commodities-2014-02-06 | title=DailyFX Extends In-Depth Analysis to Specific Currency Pairs and Commodities | publisher=Marketwatch | date=Feb 6, 2014 | accessdate=2 June 2014}}</ref> It provides analysis of forces including political, economic, and technical factors that affects financial markets.<ref>{{cite news|title=EURUSD : L’euro tient son support critique à 1,3640/70$, nouveau rebond prévu|url=http://www.zonebourse.com/EURO--US-DOLLAR-EURUSD-4591/actualite/EURUSD--Leuro-tient-son-support-critique-a-1364070-nouveau-rebond-prevu-18461516/|accessdate=2 June 2014}}</ref> 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.<ref>{{cite web|title=Forex Economic Calendar|url=http://www.dailyfx.com/calendar|accessdate=5 August 2014}}</ref>

===Technical Analysis===
The portal provides intraday [[technical analysis]] on particular currency pairs on the latest changes in the [[currency market]].<ref>{{cite book | url=http://books.google.co.in/books?id=Bk57A3qW2ooC&pg=PA109&lpg=PA109&dq=dailyfx+news&source=bl&ots=igNvQmoufd&sig=C31zvdoZZKS4ii_bmbHelxei7LM&hl=en&sa=X&ei=4muMU8rzG8SGuATvrIDoBw&ved=0CFEQ6AEwCTha#v=onepage&q=dailyfx%20news&f=false | title=The Everything Guide to Currency Trading | publisher=F+W Media, Inc. | author=David Borman | year=2012 | location=109 | pages=288 | isbn=1440531404}}</ref><ref>{{cite news|title=Marchés financiers : nous anticipons une phase d’aversion au risque cet été|url=http://bourse.lesechos.fr/forex/infos-et-analyses/marches-financiers-nous-anticipons-une-phase-d-aversion-au-risque-cet-ete-974118.php|accessdate=2 June 2014|publisher=Lesechos.fr}}</ref> It reports real time close examination of chart formations to offer current price dynamics and trading recommendations.<ref>{{cite news|title=USDJPY Failed Breakdown; 101.35 and 103.25 are Range Trading Levels|url=https://in.finance.yahoo.com/news/usdjpy-failed-breakdown-101-35-174800212.html|accessdate=2 June 2014|publisher=Yahoo Finance|date=23 May 2014}}</ref>

===Educational resources===
The portal provides its readers with forum, articles and blogs on the Forex market.<ref>{{cite web|title=TRAITS OF SUCCESSFUL TRADERS:|url=http://docs.fxcorporate.com/fxcm-traits-of-successful-traders-guide.pdf}}</ref> This section help traders to understand commonly used forex terms, techniques and concepts used in the forex market.<ref>{{cite web|title=DailyFX Free Online Forex Trading University|url=http://www.dailyfx.com/forex-education|accessdate=5 August 2014}}</ref>

===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.<ref>{{cite web|title=Powerful Trading Education & Tools|url=http://www.fxcm.com/services/forex-trading-tools/|accessdate=2 June 2014}}</ref> It also offers a paid subscription service DailyFX on Demand where it provides feedback on client's by their analysts.

==References==
{{reflist}}

==See also==
*[[FXCM]]

==External links==
* [http://www.dailyfx.com/ Official website]
* [https://www.facebook.com/DailyFX Official facebook]

[[Category:1999 establishments in the United States]]
[[Category:Financial services]]
[[Category:Currency traders]]
[[Category:Financial derivative trading companies]]
[[Category:Foreign exchange companies]]

Latest revision as of 12:39, 24 May 2017

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