You've already participated in the Forex market. Every time you exchange currency at an airport, you're trading in the world's largest financial market—$7.5 trillion changes hands daily. But while tourists trade hundreds, institutions trade billions. The same mechanism that converts your dollars to euros powers global commerce, central bank policy, and professional speculation. Understanding this market isn't just academic—it's the foundation for every profitable trade you'll ever make.
Welcome to Lesson 1
Have you ever traveled overseas and exchanged your home currency for local money? You've already participated in the Forex market.
Most people think of Forex (Foreign Exchange) only in terms of changing money at an airport kiosk. But here's the reality:
Forex is the largest, most liquid, most accessible financial market in the world.
The Professional Difference: Retail traders think Forex is "complicated" and "risky." Professionals know Forex is the MOST transparent, liquid, and fair market available to retail participants. Why? $7.5 trillion daily volume makes price manipulation nearly impossible. 24/5 operation means no overnight gaps (unlike stocks). Leverage allows small accounts to build meaningful positions. The "risk" isn't the market—it's poor risk management. Master the fundamentals, and Forex becomes the most accessible path to financial markets.
Lesson Chapters
1Defining Forex - The Core Mechanism
2The Scale of the Market
3The Forex Ecosystem
4How Currencies Are Traded
5Major Forex Trading Sessions
6Summary, FAQs & Quiz
Call to Action
Theory is essential, but practice builds confidence and competence.
Action Item: Move on to Lesson 2: Currency Pairs – Base, Quote, Major/Minor/Exotics to learn which pairs you should focus on.
Start Your Free Demo Account
Practice Forex trading with virtual money under real market conditions. Master the fundamentals, test strategies, and build confidence before risking real capital. Professional traders spend months on demo—you should too.
Deriv
- Zero-spread accounts for tighter entries
- Swap-free (Islamic) available
XM
- Consistently low spreads on majors
- Micro accounts — start with a smaller risk
- Swap-free (Islamic) available
- No trading commission
Prerequisites
This is the first lesson in the Introduction to Forex course. No prior knowledge required.
Ready to discover the world's largest financial market? Understanding what Forex is and how it works is essential for every trading decision you'll make.
Ready to continue?
Mark this lesson as complete to track your progress.