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Forex for Beginners

Kickstart your forex trading journey with our beginner articles, covering the basics of the FX market and how to read FX pairs.

Learn Forex Trading

Browse the articles below for an introduction to FX trading, including practical advice on how to become a forex trader and first-hand accounts from market practitioners.
1

What is Forex? Forex Trading Explained

Get a solid foundation of the forex (FX, or foreign exchange) market and how to trade it.
2

How to Become a Forex Trader & Build an FX Mindset

Learn how to become a consistent forex trader with advice from DailyFX analysts.
3

3 Things I Wish I Knew When I Started Trading Forex

One trader entered FX to make lots of money, but quickly learned the key to trading success.
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Orientation

Learn about the history of forex, why to trade FX over stocks, and how to read currency pairs, for a complete introduction to forex trading for beginners.
1

The History of Forex

An introduction to forex history: key events, news and developments which have shaped the forex market and FX trading landscape.
2

Forex Market Size: A Trader's Advantage

The FX market is the biggest and most traded worldwide. Read our guide to forex market size, trading volume and liquidity and how to take advantage.
3

Forex Vs Stocks: Top Differences & How to Trade Them

Learn the main differences between forex and stocks to understand the best market to trade based on your trading style and strategy.
4

How to Read Currency Pairs: Forex Quotes Explained

All FX traders starting out should learn how to read forex quotes. Our guide covers the basics of reading currency pairs and what a quote tells traders
5

How and When to Buy or Sell in Forex Trading

Forex trading centers around the basic concepts of buying and selling. Our guide explores how and when to buy and sell currencies using signals and analysis.
6

Long vs Short Positions in Forex Trading

Learn the basics of forex trading positions, including how and when to go long or short on currency pairs. With trading examples and charts.
7

What is a Pip? Using Pips in Forex Trading

A pip is the unit of measure which defines changes in value between two currencies. Learn about pips in forex with our expert tips and FX pair examples
8

Interest Rates and the Forex Market

The FX market is greatly impacted by interest rates. Learn about currency interest rates and how to trade the forex market when rates change.
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