Level 01 of 13 · Rookie
Forex 101
What forex is, how pairs, pips, lots, leverage and orders work, and your very first demo trade.
01What Is Forex?The biggest market on the planet, explained like you're at a café.5 min02How You Make (and Lose) MoneyBuy low, sell high, or sell high and buy back lower. Yes, both work.5 min03Currency Pairs: Base vs QuoteHow to read EUR/USD = 1.0850 without your brain melting.6 min04Who Trades Forex?From central banks moving billions to you moving a micro lot.5 min05Why Trade Forex?What makes forex different from stocks, crypto and futures.4 min06When to Trade: Market SessionsSydney, Tokyo, London, New York, and the golden overlap hours.6 min07What Is a Pip?The tiny unit that decides your profits. Pips and pipettes explained.5 min08Lots and Pip ValueHow position size turns pips into dollars.7 min09Bid, Ask and the SpreadWhy there are two prices and what the gap costs you.5 min10Leverage and MarginHow a small deposit controls a big position, and why that cuts both ways.7 min11Margin Calls and Stop OutsThe two words every trader wants to avoid hearing.5 min12Order TypesMarket, limit and stop orders, plus stop loss and take profit.6 min13Swap and RolloverThe overnight interest you earn or pay for holding trades.4 min14Your First Demo TradeA step-by-step practice trade, done the professional way.6 min
Level quiz · 10 questions
Pass Forex 101 with 70%+
Passing unlocks Level 02: Brokers & Platforms and your Level 01 certificate.
Take the quiz