Learn forex
Forex basics
Forex Basics
This section covers the forex basics you need to trade without confusion: pips, lot size, leverage, order types, trading sessions, and account modes.
Tip: if you’re totallt new, start with the roadmap for forex beginners first.
Risk warning: This content is for educational purposes only and not financial advice. Forex trading involves risk, and you can lose money.
Forex trading basics
New to forex? Start here. These lessons explain the core building blocks of forex trading basics in plain English:
how pairs work, what pips and lots mean, and how orders actually get placed.
- Forex terms without jargon
- Orders, pips, lots & leverage
- Build a solid foundation first
Most “strategy problems” are actually basics problems.
Forex basics: the 3 things you should understand first
- What moves price: supply & demand, news, sessions, and liquidity.
- How trades work: bid/ask, spread, pips, and order types.
- How you protect your account: stop loss, position sizing, and risk per trade.
If you learn these well, everything else becomes easier.
Forex basics for beginners: what you’ll learn
- Pips and points: how price movement is measured
- Pip value: turning ‘pips’ into real money
- Lot size: micro, mini, standard and how size changes risk
- Leverage and margin: what can go wrong and how to avoid it
- Forex orders: market vs limit vs stop, stop loss and take profit
- Trading sessions: when the market tends to be calm or active
- Hedging vs netting: account modes you may see in platforms
Suggested learning order for forex basics
Lesson 1
Pips vs points
Lesson 2
Pip value
Lesson 3
Lot size (micro/mini/standard)
Lesson 4
Leverage and margin
Lesson 5
Orders (stop loss + take profit)
Lesson 6
Trading sessions
Forex basics: what to learn
Orders & trade management
Pips & lot size
Pips vs Points
Pip Value (How it works)
Lot Size Explained
Micro vs Mini vs Standard
Calculate Lot Size
Pip Value (How it works)
Lot Size Explained
Micro vs Mini vs Standard
Calculate Lot Size
