Forex trading education made simple

Plain-English guides on leverage, risk, position sizing, bonuses and choosing a broker.

Featured guide

Latest forex guides

4 guides

Start here: a four-stage forex learning path

New to trading? Read these guides in order. Each stage builds on the one before it.

  1. 1

    Learn the basics

    Currency pairs, pips, lots and how a quote moves.

  2. 2

    Control your risk

    Leverage, margin and the 1% position sizing rule.

  3. 3

    Choose your broker

    Regulation, real trading costs and withdrawal speed.

  4. 4

    Trade with a plan

    A daily routine, a journal and a weekly loss cap.

Forex education FAQ

Short answers to the questions new traders ask us most.

Where should a complete beginner start learning forex?

Start with three basics in this order: how a currency pair is quoted, how leverage and margin work, and how to size a position so one losing trade costs no more than 1% of your account. Practise all three on a demo account for at least four weeks before risking real money.

How much money do I need to start forex trading?

Many regulated brokers accept deposits from $5 to $10, and micro lots let you trade with very small amounts. A more practical starting balance is $100 to $500, which lets you follow the 1% risk rule with sensible stop-loss distances.

What leverage should a new trader use?

Use as little effective leverage as possible. A common guideline for beginners is to keep total open exposure below 10 times account equity, even if the broker offers 1:500 or more. Lower leverage means smaller swings in equity and fewer margin calls.

Are forex bonuses worth claiming?

A bonus can be a useful low-cost way to test a broker's execution and support. Always read the turnover requirement, the time limit and which instruments count before claiming, because these rules decide whether any profit is withdrawable.

How long does it take to learn forex trading?

Most traders need three to six months of regular practice to build a consistent routine, and longer to become steadily profitable. Keeping a trade journal and reviewing it weekly shortens that learning curve more than any single strategy.

How we write our trading guides

Every guide is written by traders and checked against broker documentation and regulator rules before it is published. We use worked numbers instead of vague advice, so you can repeat each calculation on your own account. Guides are reviewed every quarter and the date on each card shows the latest update.

Why risk management comes first

Most new accounts are lost to oversized positions, not to bad analysis. That is why our learning path covers leverage, margin and position sizing before strategy. Once a single loss can never cost more than 1% of your balance, you have time to learn everything else.