Beginner · Module 1

Foundations of Forex Trading

Core concepts you must know before taking any live risk. This module sets the ground for all later modules.

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Free content

These topics are available to everyone – ideal for absolute beginners to build a solid base.

Topic 1 – What is the Forex market?

Video: module1_topic1.mp4 · Approx. 8–10 minutes

In this topic you learn what the Forex market is, why it exists, and who participates (banks, institutions, corporates, and retail traders). We cover the concept of a decentralised OTC market and why FX is different from stocks.

  • Definition of Forex and how currencies are exchanged.
  • Real economy use vs speculative trading.
  • Main participants and their objectives.
Topic 2 – Currency pairs, pips, and spreads

Video: module1_topic2.mp4 · Approx. 10–12 minutes

Here we go into base vs quote currency, types of pairs (majors, minors, exotics), and how to read quotes. We also explain bid/ask, spreads, and how brokers display prices.

  • Base and quote currency structure.
  • What is a pip and a pipette.
  • How spreads impact cost per trade.
Topic 3 – Sessions, orders, and basic platform use

Video: module1_topic3.mp4 · Approx. 12–15 minutes

This topic introduces London, New York, and Asia sessions, volatility behaviour, and how to place basic orders (market, limit, stop) in MT4/MT5.

  • Session overlaps and best trading windows.
  • Market, limit, and stop orders in practice.
  • Very basic MT4/MT5 walkthrough (placing and closing a trade).

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