Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.4% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
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I'm newUnderstanding the basics of Forex and how it differs from other financial markets. Key terminology: pips, lots, leverage, and margin. Market Mechanics: How currency pairs work. The role of major and minor currency pairs. The importance of the bid-ask spread. The Forex Market Structure: Overview of the global Forex market. The role of brokers and trading platforms. Key trading sessions: Tokyo, London, and New York. Basic Trading Strategies: Introduction to technical and fundamental analysis. Common chart patterns and indicators. Risk management and trading psychology.
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