An Introduction to Forex Trading
Learn about the fundamentals of Forex trading and how to be a successful trader in this free online course.Publisher: Daksh Murkute
CertificationView course modules
This free online beginners Forex trading course will provide you with a foundation for the process of trading in Forex. The foremost aim of those that engage in Forex trading is to make money online. This course will acquaint you with the different processes that are involved in Forex trading, how to get started and how to be successful and make money. Firstly, whilst Forex trading has gained popularity in recent years, it has been around for quite some time. Forex simply means Foreign Exchange. So Forex is the strong trading in currencies from different countries against each other. Now that we have established what Forex is, you will explore the different jargon associated with Forex trading. When you have completed the course, you will understand why a broker is needed when starting a trading account, and you will have an idea of the miscellaneous fees that will be deducted from your account by brokers.
Forex trading, whilst sounding fairly easy, does come with some level of difficulty. We have a global market and with globalization comes competition. The foreign exchange market is no exception. The rates change almost daily and as such you will see why many traders use charts to predict trends. This course will educate you on the different software available to assist you when you've set up your trading account and how you can set up a demo account before diving into the market. You will learn how successful traders become prosperous. Discover how Forex works, use their knowledge and avoid the errors these traders made when they were starting. This course will help you to not only see the benefits of Forex trading but and help you understand how your availability and personality play a role in knowing what your trading style will be.
Finally, why choose Forex trading? Why not trade on the stock exchange market instead? Simple, the Forex market is easier to get into as you can start with as little as ten dollars, As a result, it is more accessible to a larger portion of the population as opposed to trading on the stock market. Does it come with risks? Is there any form of investment that doesn't? Forex trading is suitable for anyone willing to take advantage of the opportunity, once you have a basic appreciation of how it works, how to manage your time, and what you want from it. This course is suited for anyone interested in Forex trading or who is curious about Forex trading. Do you want to be a part of a trillion-dollar per day industry? Enrol in this course today and learn how to make your money work for you.Start Course Now
On successful completion of this course, you will be able to :
- Recall what Forex is
- Indicate why the currency price changes
- Explain how the Forex market works
- Identify how to choose a proper Forex broker
- Discuss the basics of Forex
- Outline how to start your trading account
- State how to use Forex trading software
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