Our Forex Learning Center is designed for an easy, first taste learning of Forex. It’s especially designed for newcomers and people who want to learn Forex quickly and in the most efficient way, in order to become Forex traders.

Our learn Forex center includes the following sections:

Introduction to Forex

Forex Trading Basics

Here you’ll learn the basic terminology of the Forex trade. To begin learning Forex, you’ll need to have a grasp on the basic definitions, rules and language. At first, all this can sound a bit complicated but when we’ll spell out the fundamentals, things will become clearer and you’ll be well on your way to becoming a Forex trader. We will cover many terms, such as the base currency, the quote currency, micro lots, mini lots, standard lots, long position, short position, pip, spread, margin and more. Learn about Forex trading basics

Choosing the Best Forex Broker

In order to start trading Forex you need to find a Forex broker online. There’s no need to talk to your banker, or hire investing consultants. It’s important to find the right Forex broker for your needs according to several important criteria, such as security, customer service, trading platform, transaction costs, live quotes and more. While reading our guide on how to choose the best Forex broker, you will learn the factors you should consider when choosing a broker, as well as the few simple steps to take in order to start trading. Read about choosing the best Forex broker

Forex

Trading Strategies

Strategy is one of the most important things to focus on when learning Forex because it’s also one of the most common mistakes new traders make. In order to become profitable, you’ll need to devise a Forex trading strategy. The surprise is that this is not hard at all.

On the Forex trading strategies page you can find key trading strategies that will allow you to take your Forex trading to a more professional and analytical level. The methods shown are not hard to understand and are very easy to implement.

These strategies include:

1. Support and Resistance — a n upper blockage, appearing at the end of a bullish trend, is a resistance point. A lower blockage, appearing at the end of a bearish trend, is a support point. T he big advantage of support and resistance levels is that they can be easily distinguished. The barriers caused by the resistance and support levels do not last forever, therefore one needs to determine which levels to trust and which have a high probability of breaking.
2. Fibonacci Indicator — t his method relies on what is called a Pullback, and in order to implement it ones needs to be able to recognize trends. The trend is made of several parts, and if one of the parts goes down, it’s called a Pullback, although it can also be a reversal of the trend and it’s not easy to determine which is right. This technique relies on t he Fibonacci numbers and ratios to make a decision.
3. Multiple Time Frames — it works by following a single currency pair over different time frames. B y looking at the different time frames we can see changes and patterns, which enable to see the bigger picture and a much larger bullish trend.

Every once in a while we will add more strategies our analysts like to use. Read more about Forex trading strategies

Follow the Experts

FX Market Leaders’ Forex signals analyze the market to find trading opportunities. This service, which is free and easy, enables you to have a greater profit potential as well as shows you the Forex trading strategies our experts use on a daily basis. FXML Forex signals are clearly the most popular trading strategy for our followers.

Trade Forex like a Pro

When learning Forex you will soon find out that it looks much harder than it really is. Actually, anyone can learn Forex like a pro. We’re not saying that it’s a piece of cake, but if you go through the training, learn the Forex fundamentals and keep ahead of the market news, you can surly make it work.

We recommend opening a demo account and practicing on it for a while before you actually start trading, it will give you the chance to test the platform youll be trading on. We also recommend using technical tools such as indicators and analysis, although there are some basics to learn before using these tools.

We, at FX Market Leaders, have created the most professional Forex trading course available today. We offer simple courses that include all the tools and information you’ll need to learn Forex and become a professional trader.

Social Trading

Why wait until you are a pro to start trading Forex? You can simply copy an expert trader. Social trading has turned Forex trading into a social practice and changed the way investing and trading works online. To use social trading you don’t need to have trading experience or knowledge at all, you only need to open an account, observe fellow traders, follow them and copy them. This method enables you to identify winning experts and replicate their moves. Social trading allows you to share tips and ideas with other traders, take advantage of other traders’ experience etc.

Why Trade FX

There is no doubt the Foreign exchange market has become the most popular trading market in the world. But why? There are countless reasons to trade Forex online, for example:

• The daily volume of the Forex market is huge, therefore it makes the stability of the market very good compare to stock trading

• Forex trading simplifies everything, there’s no clearing fees, no exchange fees, no government fees, no brokerage fees, no middlemen
• The retail bargain cost in Forex trading is usually less than 0.1%
• The Forex market is open 24 hour a day, so you can choose the times that are convenient for you to trade
• Online Forex brokers have mini and micro options and some of them have a minimum of only 25$, which is great for Forex beginners

Some of these reasons are huge advantages for this enormous market over the other big volume markets such as stocks and futures. Read about the advantages of the Forex market

How to Open a Trading Account

In order to start trading, you’ll need to open a trading account with your online Forex broker. This is very simple and takes about 3 minutes. In most cases opening a trading account involves 3 simple steps:

2. Fill in your personal information

3. Fund your account

Forex Tips

Get practical Forex tips that will help you with your trading. Getting the hang of Forex trading takes time. Getting practical tips from experts and people who have already learned how the market operates will significantly increase your understanding of how Forex trading works.

Our Forex tips include some of the following:

• Define goals — before making a plan, you have to know what your goal is. Once you decide, you can choose the trading style that will work for your goal
• Be consistent — choose a methodology, stick with it and make sure it’s adaptive
• Choose the right time frames — it’s easy to get confused between weekly Forex charts and daily Forex charts, make sure you synchronize and look at both to confirm

Read more about Forex tips

Risk Management

Forex risk management is your lifeline when learning Forex and trading in the market. Without the proper risk management even professional traders can fail. Risk management is the merger of ideas to control the trading risk.

There are several ways of conducting Forex risk management, among them:

• Controlling losses — knowing when to cut your losses on a trade using a hard stop or mental stop. The challenge is to know where to set the stop loss and limit your risk on a trade.
• Using correct lot sizes — start small and limit your lot size to minimum
• Tracking overall exposure — don’t open many lots all at once and keep your overall exposure limited in order to reduce your risk

Read more about Forex risk management

Trade with FXML

We at FX Market Leaders present to our followers three popular ways that will help you turn into successful traders.

1. Following FXML buy/sell signals and copying them to your own trading platform is the most popular way to trade with FXML. 2. The second way to trade with us is to read our Market Leaders Trading Guide which is one of the most popular online beginners course available.

3. Social trading is the third way to trade with us. This means auto-copying the most profitable traders directly from us to your platform.

Forex Tutorials

For further reading we have the Forex tutorial page. So far we’ve covered the Forex trading basics: what is Forex, basic language, Forex trading strategies and terms like volatility, spreads, margin and leverage. But of course there is more.