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Your ultimate guide through the world of trading.

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Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

76.5% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

How to start trading on Forex?

Information is not investment advice

So, you want to become a Forex trader – be your own boss, trade currencies, make a lot of money. The natural question is “Where to start?”. We prepared a simple answer! Below you will find several steps which will form a short way to your financial freedom. Please note that every step contains a link that offers a clear explanation what to do.  

1. Register at fbs.eu 

During this step, you will open a trade account and receive your trading password. You will also get a personal area, where you will be able to deposit money that you will need for trading.  

2. Download trading software 

Choose a software option that suits you, download it and login. You will get connected to the Forex market!

3. Discover the basics of Forex

What exactly is trading? What currencies can you trade? When can you trade? We have prepared a few short videos to answer these questions.

Watch videos 

4. Open your first trade

Get your first taste of trading! See for yourself that it’s quite easy to open and close a Forex trade.

Watch the video 

5. Learn how to analyze the market

After you found out how to open trades, you will need to decide which trades to open – buy or sell. For that purpose, study how to ‘read’ price charts and understand economic news.

Read the guidebook

6. Start controlling your risks

Learn how to limit your risk exposure and increase your profit potential from the very beginning.

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7. Study the trader’s phycology

Soon after your first trade you will understand that this process is stressful and you need to get into the right mindset. We have gathered psychological tips from experienced traders.

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If you go through these steps, you will have a great start in Forex trading. Your success will depend only on how keen and ambitious you are. Learn, practice and become a better trader with each trade!

Popular

Assets Won’t Survive This Week

As Europe moves into recession, next week may provide us with some amazing trading opportunities. Here they are!

Post-Fed Releases for USD & CAD Traders

Main news that will drive the market in the upcoming week include CB Consumer Confidence Index, Canadian GDP, and US Core PCE Price Index

FED and BOE Make Another Attempt to Beat Inflation

The Federal Reserve (Fed) will announce its Interest Rate Decision and make a statement about the future monetary policy on Wednesday, September 21, GMT+3. After the higher-than-expected inflation numbers published on September 13, there’s almost no doubt the Federal Reserve will come up with another 75-basis-point rate hike. However, surprised by the CPI numbers, several Fed members announced the possibility of a 100-basis-point rate hike on Wednesday.

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