Forex trading for beginners
                     FOREX TRADING 
FOR BEGINNERS
FOREX
Also known 
as
FOREIGN
E It iXs a CdecHentAralized global market with a neNtwoGrk oEf 
buyers and sellers, including 
individuals, companies and 
central banks who transfer 
currency between each other.
2
“
Forex marketplace has the largest daily 
trading volume and is the most liquid 
market in the world where currencies are 
traded.
3
Three types of forex markets
Spot Forward Future
The physical A contract for the A legally binding
exchange of a physical delivery of a contract agreed for 
currency pair, which commodity agreed the buying or selling 
takes place on the for buying or selling of a set amount of 
spot or within a short of a set amount of a given currency at a 
period of time. currency at a set price and date in 
specified price, to be the future.
settled at a set date 
in the future.
4
Pros and Cons of Forex Trading
Pros Cons
◎ In most market conditions, it ◎ Extreme amounts of leverage 
is easy to enter and exit can result in unexpected 
a position in any major insolvency in many dealers. 
currencies within a fraction of ◎ The currency trader needs to 
second for a small spread. learn forex trading to have an 
◎ The forex market is open 24 understanding of the 
hours a day and five days a economics and indicators of 
week from Monday through various countries to grasp 
Friday. the fundamentals that drive 
currency values.
5
How to learn forex trading?
◎ Step 1: Open a trading account
◎ Step 2: Learn the fundamentals of forex trading
◎ Step 3: Learn stratergies to find trades.
OR
Join an online forex trading course and learn from 
scratch.
6