Free Forex Trading Course for Beginners - Trading Heroes (2024)

Free Forex Trading Course for Beginners - Trading Heroes (1)

Introduction

So you want to learn how to trade the Forex market.

Great, we wholeheartedly believe that Forex trading can provide an excellent opportunity to create more freedom in your life…and it can be a lot of fun!

But just like with any other skill, it will take work to become a consistently profitable trader.

Since you found this course, we know that you are someone who is willing to put in the time and effort to become successful.

We created this free Forex trading course because we know that learning to trade can be confusing for beginners. There are so many trading systems, robots and indicators out there.

Where do you begin?

Well, this is the course that we wish we had when we first started trading. Our primary goal is to filter out all the nonsense and give you the straight facts about Forex trading.

Here's what you can expect from this course…

Chapter 1: What is Forex?

We will start by teaching you some basic trading terminology, give you a (very) brief history of the Forex market and the benefits of Forex over other markets out there. You will also learn how traders make money trading Forex.

After you finish this section, you will be able to sit down at any table with experienced traders, and not sound like a total newbie.

Free Forex Trading Course for Beginners - Trading Heroes (2)

Free Forex Trading Course for Beginners - Trading Heroes (3)

Chapter 2: What You Need to Get Started in Forex

Learn the basic things that you need to get started in Forex trading. Get the checklists and see what to avoid in trading.

Also learn how to learn to trade without money.

Chapter 3: What's the Difference Between Technical and Fundamental Analysis?

There are basically two ways that traders make decisions to buy or sell. Learn how technical and fundamental analysis work and how to figure out which one is right for you.

One isn't necessarily better than the other and some traders use both.

Free Forex Trading Course for Beginners - Trading Heroes (4)

Free Forex Trading Course for Beginners - Trading Heroes (5)

Chapter 4: Technical Analysis Explained – Price Action and Trading Indicators

In this chapter, we will dive into the specifics of technical analysis. Some traders use indicators and others rely on pure price action.

Learn the pros and cons of both, as well as how to figure out what works best for you.

Chapter 5: News Trading Explained

Some traders primarily trade based on the news, otherwise known as fundamental analysis. While this isn't as popular as technical analysis, this trading method may resonate with you.

It can also potentially give you some information to consider when using technical analysis.

Free Forex Trading Course for Beginners - Trading Heroes (6)

Free Forex Trading Course for Beginners - Trading Heroes (7)

Chapter 6: Trading Risk Management Explained

One of the biggest reasons that so many Forex traders fail is because they don't manage their risk properly. This is not a sexy topic, but if you really want to succeed as a trader, you will need to understand risk management.

This chapter will give you the basics of risk management in Forex trading.

Chapter 7: How to Create a Trading Plan and Test Strategies

Here's where the rubber meets the road. We will pick a trading strategy, create a plan and test the strategy. If the strategy is profitable in testing, then we will show you how to place your first trade in a demo account.

Never risk real money until you have mastered the process in this chapter.

Free Forex Trading Course for Beginners - Trading Heroes (8)

Free Forex Trading Course for Beginners - Trading Heroes (9)

Chapter 8: Develop the Psychology of a Successful Trader

This is the most important chapter in this course. Forex trading is not as easy as some websites make it seem. Profitable trading strategies are usually very simple, but the psychology side of trading can be quite difficult.

Learn what mindset roadblocks to expect on your journey and how to overcome them.

Chapter 9: How to Choose the Right Forex Broker

This chapter will show you what to look for in a good Forex broker. The reality is that there isn't a single best Forex broker. The best broker for you will depend on how much money you are trading, where you live and a few other factors.

Get the details in this chapter.

Free Forex Trading Course for Beginners - Trading Heroes (10)

Free Forex Trading Course for Beginners - Trading Heroes (11)

Chapter 10: The Best Forex Trading Tools

There are so many great tools out there for Forex traders nowadays and we will show you the best of the best. No need to do hours of research on the internet.

Just pick a few tools from this list and get to work!

Click Here to Get Started

Let's do this! Click this button to start our free Forex trading course…

Go to Chapter 1

Free Forex Trading Course for Beginners - Trading Heroes (2024)

FAQs

How can I learn forex trading for free for beginners? ›

Forex 101 is a Forex trading course designed to help even absolute beginners learn how to trade. The training course is absolutely free and 100% online. Each lesson will feature a video, written notes and a follow-up quiz. The course will be split over 3 steps - `Beginner`, `Intermediate` and `Advanced`.

What is the best free forex trading academy? ›

Best forex brokers with free trading courses
  • IG - IG Academy and DailyFx.
  • AvaTrade - Ava Academy (20+ courses, 145+ lessons, 45+ quizzes).
  • Interactive Brokers - Traders' Academy has a vast library of finance-related courses.
  • FOREX.com - Trading Academy courses are organized by theme and experience level.
Mar 5, 2024

Can I trade forex for free? ›

Can you learn to trade Forex for free? Yes, you can.

Can forex be self taught? ›

Yes, you can learn to trade by yourself, without a course, if you are patient and understand that it will take a lot of time! Trading is a competitive industry, and to succeed you will have to pave the path for your own success.

Where can I learn to trade for free for beginners? ›

If you're looking to learn trading, Ava Academy offers free online trading courses that allow you to learn anywhere and anytime. With a variety of resources tailored to your skill level, Ava Academy provides a convenient and effective way to enhance your trading knowledge.

Which app is good for forex trading for beginners? ›

1. eToro — Best Forex Trading App for Beginners (Overall) eToro is widely popular globally and boasts a user base totalling 20,000,000+, making it the best trading app for beginners. It has an app for iOS and Android devices and lists nearly 50 forex pairs across the exotics, minors, and majors categories.

What is the best currency to trade in forex as a beginner? ›

Best Currency Pairs to Trade for Beginners
  1. EUR/USD. Traders who are new to forex can benefit from the low spreads, low volatility and liquidity features of EUR/USD, one of the most popular currency pairs in the world. ...
  2. GBP/USD. ...
  3. USD/JPY. ...
  4. USD/CHF. ...
  5. AUD/USD.

Can I trade forex with $100 dollars? ›

Even with $10, $100, $1,000, or a $15,000 funded account, you can begin to trade Forex and develop a forex income. Work your way up to those figures and can start building your account. Forex trading, also known as foreign exchange trading, is the practice of buying and selling world currencies.

Can I trade forex without knowledge? ›

However, leverage can also amplify losses, making forex trading a field that requires knowledge, strategy, and an awareness of the risks involved. Forex trading is also quintessentially global, encompassing financial centers worldwide.

How can I practice trading for free? ›

Paper trading, also known as simulated trading, is a method of practicing trading without using real money. It involves keeping a record of hypothetical trades on paper or in a trading simulation program.

How long does it take for a beginner to learn forex? ›

Most traders say it takes at least six months to a year. Start by learning the fundamentals and comprehending currency pairs, market dynamics, and trading strategies from reliable sources. Before making the switch to live trading, practice on demo accounts for at least three months.

Is $1000 enough to start forex? ›

Believe it or not, you can start forex day trading with $1,000 or even less. It requires mastering position sizing and managing risks, but if you navigate your way to success, the rewards can be significant. In this article, we will discuss in detail how you can day trade with $1000.

Can I start forex trading on my own? ›

Beginners can start forex trading by choosing an established, well-regulated forex broker, educating themselves on how to trade the forex market using technical analysis and starting on a demo trading account to trade in a virtual environment until they are ready to go live with real money.

How much money do I need to start forex trading? ›

You can start trading forex with as little as $1,000 funded in a micro account, but will need significantly more capital for a standard account. Leverage from brokers can allow you to trade much larger amounts than your account balance.

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