Beginner Forex Course
Learn the essentials of forex trading, set up a simple plan, and place your first trades with controlled risk.
Course modules
1) Market basics and core terms
Understand how currency pairs work, what a pip is, and where spreads come from. This gives you the language you need to read any forex platform.
- Pairs: base vs quote currency and price movement.
- Pips: how price changes translate to profit/loss.
- Spreads: the main trading cost you see first.
2) Order types and platform workflow
Learn the difference between market, limit, and stop orders, and practice a simple entry workflow before risking real money.
Market order
Executes immediately at the current price.
Limit order
Executes at a better price than current.
Stop order
Executes after price breaks a level.
3) Risk basics and position sizing
Keep risk small and consistent. A typical beginner rule is 0.5%–1% of the account per trade. The stop-loss defines your risk; position size makes it match your plan.
- Set the stop-loss before entering.
- Use a position size calculator for accuracy.
4) Build your first trading plan
A beginner plan is simple and repeatable. Choose one pair, one setup, and clear rules for entry, stop-loss, and take-profit.
- Trade one major pair to reduce complexity.
- Write your exact entry and exit rules.
- Review every trade weekly.