Information is not investment advice
FBS Trading School Beginner
In this section, you will learn Forex basics, the most crucial trading terms, and their definitions. The lessons will guide you through how much money to spend on one trade, how to calculate profit and manage risks.
As a beginner, you will make all the necessary steps to start trading on the market. Before you start, we advise you to read 7 tips for the Forex newbies.
- What is Forex?
- The advantages of Forex market
- What technical tools do I need for trading?
- Currency pairs. Base and quote currencies. Majors and crosses
- How to trade?
- What are pips and lots?
- Calculating profits
- Bid and Ask price. Spread
- When is Forex market open?
- Economic calendar
- Transaction, profit, loss. Types of orders
- Swap and rollover
- Leverage and margin
- How to determine position size?
- Demo accounts
- How much money do I need for Forex trading?
- How to open a trade in MetaTrader?
- How to start trading on Forex?