forex•Beginner

introduction to forex

Discover the world's largest financial market: $7.5 trillion daily volume, 24/5 trading, decentralized global network. Learn how Forex works, who participates, why currencies are traded in pairs, and when markets are most active.

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💡 What You'll Learn

✓What is Forex? A Global Market Overview
✓Currency Pairs — Base, Quote, Major, Minor, Exotics 💱
✓Lot Sizes, Margin & Leverage — The Position Sizing Trinity 📊
✓Forex Market Structure — Who Trades Forex? 🗺️
✓Introducing Interbank & Liquidity Providers 🏦
✓Forex Market Sessions & Trading Hours 🕒
✓And 1 more lessons...

Course Syllabus

7 lessons • Click to expand sections

1

What is Forex? A Global Market Overview

Discover the world's largest financial market: $7.5 trillion daily volume, 24/5 trading, decentralized global network. Learn how Forex works, who participates, why currencies are traded in pairs, and when markets are most active.

Currency Pairs — Base, Quote, Major, Minor, Exotics 💱

Master currency pair structure (Base/Quote mechanics), understand the three categories (Majors, Minors, Exotics), and learn which pairs to trade based on liquidity, spreads, and volatility for optimal risk management.

Lot Sizes, Margin & Leverage — The Position Sizing Trinity 📊

Master the three pillars of position sizing: Lot Sizes (Standard/Mini/Micro determine pip value), Margin (collateral required for positions), and Leverage (borrowing power that amplifies both profits and losses). Learn safe leverage usage and margin management.

Forex Market Structure — Who Trades Forex? 🗺️

Understand the OTC (Over-The-Counter) decentralized structure of Forex, the tiered hierarchy (Interbank → Dealers → Retail), major participants (Central Banks, Commercial Banks, Hedge Funds, MNCs, Retail), trading motivations (Hedging, Speculation, Commercial), and optimal trading sessions.

Introducing Interbank & Liquidity Providers 🏦

Understand the Interbank Market (top-tier banks trading billions), Liquidity Providers (institutions quoting continuous prices), liquidity's impact on spreads/slippage, and broker execution models (Market Maker vs. ECN/STP) for optimal trading costs.

Forex Market Sessions & Trading Hours 🕒

Master the 24/5 trading cycle across four major sessions (Sydney, Tokyo, London, New York), understand session overlaps where volatility peaks (London/NY overlap = golden window), and learn optimal trading times for different strategies.

Why People Trade Forex (Hedging, Speculation, Arbitrage) 🎯

Discover the three primary drivers of forex market activity: Hedging (risk protection), Speculation (profit from volatility), and Arbitrage (exploiting inefficiencies). Learn why speculation accounts for 90%+ of daily volume and drives all tradable trends.

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