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Overview

In the dynamic world of finance, the foreign exchange market, also known as Forex or FX, stands as a behemoth, handling a staggering £6.6 trillion in daily transactions. This colossal marketplace, where currencies are bought and sold, offers opportunities for aspiring traders to capitalise on global economic trends and achieve financial independence.

Embark on a transformative journey with our comprehensive Basic Forex Trading course, meticulously crafted to equip you with the knowledge and skills necessary to navigate the intricacies of this captivating market. Our expert instructors will guide you through the fundamentals of Forex, from understanding currency pairs and quotations to mastering trading strategies and selecting the right broker.

Understanding these basics can significantly improve your decision-making skills and risk management, which is vital in a market where about 70% to 85% of retail traders face losses due to a lack of knowledge and strategy, as reported by various broker statistics. Additionally, our course provides practical tools and techniques, helping you to develop a tailored trading approach. This is crucial in a market where success hinges on one's ability to adapt strategy to changing market conditions.

Learning outcomes:

Forex Market Basics: Understand currency pairs, quotations, and pips.

Trading Platform Skills: Gain proficiency in using MT4.

Market Analysis: Develop skills for interpreting market trends.

Trading Strategies: Learn different trading styles and strategies.

Broker Selection: Acquire knowledge on choosing the right broker and risk management.

Description

Section 01: Unveiling the Essentials of Forex Trading

Our exploration begins with a thorough grounding in the fundamentals of Forex trading. We will delve into the very essence of Forex, unravelling its mechanisms and delving into the intricacies of currency pairs, quotations, and the ever-present bid and ask rates. The concept of pips, the building blocks of Forex transactions, will be meticulously explained, along with the crucial roles of lot sizes, commissions, SWAPs, leverage, and margins.

Section 02: Laying the Foundation for Forex Mastery

As we delve deeper, we will uncover the secrets of successful Forex trading through a comprehensive examination of trading accounts. You will gain insights into the anatomy of a Forex chart, mastering its technical indicators and deciphering its cryptic language. Our journey will then guide you through the labyrinthine world of MT4, the ubiquitous trading platform, equipping you with the skills to navigate its interface easily.

Section 03: Charting the Course towards Forex Trading Success

Our expedition continues with a profound exploration of trading styles, arming you with the knowledge to identify and adopt the approach that best suits your risk tolerance and investment goals. We will delve into the nuances of technical, fundamental, and sentiment analysis, empowering you to make informed trading decisions based on a holistic understanding of market dynamics.

Why Choose Us?

Forex Beginners: Newcomers to Forex trading.

Aspiring Traders: Individuals aiming to pursue a trading career.

Finance Students: Those studying finance or related disciplines.

Investment Enthusiasts: People interested in diversifying their investment portfolio.

Finance Professionals: Banking and finance professionals looking to expand their skill set.

Will I Receive A Certificate Of Completion?

Upon successful completion, you will qualify for the UK and internationally-recognised CPD certificate and you can choose to make your achievement formal by obtaining your PDF Certificate at a cost of £4.99 and Hardcopy Certificate for £9.99.

Who Is This Course For?

This Basic Forex Trading course is a great place to start if you're looking to start a new career in Basic Forex Trading field. This training is for anyone interested in gaining in-demand Basic Forex Trading proficiency to help launch a career or their business aptitude.

Requirements

The Basic Forex Trading course requires no prior degree or experience. All you require is English proficiency, numeracy literacy and a gadget with stable internet connection. Learn and train for a prosperous career in the thriving and fast-growing industry of Basic Forex Trading, without any fuss.

Career Path

Our course will prepare you for a range of careers, including:

Forex Trader

Financial Analyst

Forex Broker Consultant

Risk Manager

Market Research Analyst

Currency Strategist

Trading Systems Analyst

Financial Advisor

Order Your Certificate To order CPD Quality Standard Certificate, we kindly invite you to visit the following link:

Course Curriculum

Section 01: Introduction
	Introduction	FREE	00:05:00
Section 02: Forex Foundation
	What is Forex?	FREE	00:04:00
	How Does Forex Market Works?		00:03:00
	Currency Pairs and Quotation		00:04:00
	Bid Rate Ask Rate and Spread		00:04:00
	What is Pip?		00:03:00
	What is Lot Size?		00:05:00
	What is Commission in Forex?		00:06:00
	What is SWAP?		00:04:00
	What is Leverage in Forex?		00:05:00
	What is Margin in Forex?		00:03:00
Section 03: Trading Account
	Things you should know in a Chart		00:04:00
	Guide to MT4		00:07:00
	Types of Analysis		00:04:00
	Different types of Forex Trading Styles?		00:09:00
	How to Choose a Proper Forex Trading Strategy		00:05:00
	How to Choose a Proper Broker in Forex?		00:03:00
	Demo Account Mistake		00:03:00
	How to Open a Demo Account?		00:03:00
Assignment
	Assignment - Basic Forex Trading		00:00:00
Order Your Certificate
	Order Your Certificate		00:00:00

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Basic Forex Trading Course

By NextGen Learning

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