Discover how to get started in the world of forex trading. Let’s look at how FX markets work, the currency pairs you can trade, and the strategies you can use.
Forex is one of the most traded markets in the world, made popular by periods of high volatility and its inherently deep liquidity. While FX tends to be preferred by experienced traders, we’ve compiled this information specifically for beginners.
Forex trading for beginners
Learn more about the basics of forex trading using our complete guide for beginners, which includes details on how to get started.
Major forex pairs
The major currency pairs are some of the most popular currency combination in the forex market. Learn more about what influences major forex pairs and how to trade them.
How to read forex charts
Find out how to read into the behavior of the forex market by monitoring the price charts of the currency pairs you want to trade.
Take your pick from over 80 currency pairs and speculate on their price movements in our award-winning platform*. We offer a wide range of major, minor and exotic currency pairs for you to trade.
Technical and fundamental analysis
Analysis can help in the decision-making process for opening and closing positions. Are you more of a technical or fundamental trader?
Best times to trade forex
The foreign exchange market is open 24/5 with no breaks. Learn what times the Asian, European, and US markets are open, and how trading is affected by their overlap.
Day trading
Learn what draws traders to day trade and potential strategies for managing positions intraday.
Forex is an abbreviation for foreign exchange, which represents the marketplace where currencies from around the world are bought and sold. FX is another term used to refer to forex. When one currency is pegged against another, this is called a forex pair—eg GBP/USD.
Yes, forex trading is risky because it’s a highly traded market this is offered on leverage. You should always take steps to manage your risk and understand the product details.
Forex trading requires an intermediate to advanced understanding of how the market works, which tends to put beginners at a disadvantage. That’s why beginners should brush up on their knowledge on the forex market by using our educational resource hub and our demo account. Once they’re confident in their skill, they can advance to the live account.
What is forex?
Forex pairs help exchange one currency for another to hedge exposure or speculate on global economies.
Why trade forex?
See if 24-hour access, high liquidity, and low costs make forex products a good fit for your portfolio.
How to trade forex
Market awareness and strategy building are essential to go from theory to practice. Check out examples.
Disclaimer:- Past performance is not necessarily indicative of future results. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. Losses can exceed deposits. We advise you to carefully consider whether trading is appropriate for you based upon your personal circumstances as you may lose more than you invest. The information presented does not take into account your particular investment objectives, financial situation and/or needs and is not a substitute for obtaining professional advice from a qualified person, firm, or corporation, where required. You are advised to perform an independent investigation of any transaction you intend to execute in order to ensure that transaction is suitable for you. Information presented on our website should not be construed nor interpreted as financial advice.
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