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Too often new traders come into the market without getting to know the most fundamental components of foreign exchange and how currencies work.
So we decided to make a video that explains the first things traders need to know in an easy and accessible way. Demonstrating them in the Trading 212 app, trading expert David Jones guides you through the meaning of the first terms and actions that you’ll come across. These are always at the base of the skills all knowledgeable traders have and need to take on the markets.
At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.
Every day, over 5 trillion dollars is traded on the Forex Market, making it one of the most exciting, fast-paced markets to trade.
Whether you are completely new to Forex or you have recently started trading Forex, it’s important you truly understand the basics.
Andrew Lockwood has been trading for over 30 years. He started out in the trading pits in Central London and then moved to trading from his screens at home. Today, he is the lead mentor with ForexSignals.com – the leading interactive Trading Room.
In his video, he’s going to show you all the essential details you need to know before you start trading forex or before you really start growing your account. Famous for being able to explain the forex industry easily, you’re going to learn a lot from this easy explained step by step Forex for Beginners video!
* The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts.