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Beginner Forex Book

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.

77.93% 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 of 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.

Read article 

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.

Read article 

If you go through these steps, you will be prepared to start trading Forex. Learn, practice and become a better trader with each trade!

Popular

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This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings. 

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The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.

What Can Rule the Roost in January 2023?

2022 was rough: inflation, energy crisis, and plenty of other controversial situations…

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