How do you start trading on Forex? 4


How do you start trading on Forex?
#education
So, you want to become a Forex trader - be your own boss, trade currencies, make lots of money. The natural question is "Where to start?". We prepared a simple answer! Below you will find several steps that will form a shortcut to your financial freedom. Please note that each step contains a link that offers a clear explanation of what should be done. Watch a video tutorial on how to make money on Forex

1. Register on fbs.trade
During this step, you will open a trading account and accept your trading password. You will also get a private area, where you will be able to deposit the money you need to trade.


2. Download trading software
Select the software option that is suitable for you, download and enter. You will be connected to the Forex market!



3. Find the basics of Forex
What exactly is trading? What currencies can you trade? When can you trade? We have prepared several short videos to answer these questions.

4. Open your first trade
Get your first trading feeling! See for yourself that it's quite easy to open and close Forex trading.


5. Find out more about Metatrader
At this point, we recommend that you explore the trading terminal in more detail and learn all its important features.



6. Learn how to analyze the market
Once you find a way to open a trade, you need to decide which trade to open - buy or sell. For that purpose, learn how to 'read' price charts and understand economic news.


7. Start controlling your losses
Learn how to limit your loss exposure and increase your profit potential from the start.



If you go through these steps, you will have a good start in Forex trading. Your success will only depend on how sharp and ambitious you are. Learn, practice and become a better trader with every trade!