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Forex Education

Develop your trading knowledge and confidence by learning to trade with EFD Group. Regardless of your trading experience, our expert analysts and market writers can guide you through a variety of market conditions and trading styles, setting you on the path to successful trading. Our free online Forex trading course is a great way to improve your skills. We aim for this program to assist you in acquiring all the information necessary to start trading Forex and CFDs. Don't just take our word for it. See for yourself! Our specialists will explain the significance of the Forex market on the global stage, teach you all the essential terms you require, and guide you through creating your demo trading account. Get familiar with Forex by learning from experienced professional traders. Leading industry experts have meticulously crafted and delivered every lesson focusing on a critical topic.

Everything You Need to Know

Basic Knowledge

Financial markets are platforms where individuals and businesses buy and sell assets such as currencies, commodities, stocks, indices, cryptocurrencies, and more. Trading in these markets has been happening for centuries, evolving from a practical need to facilitate more efficient buying and selling, as well as helping companies raise funds quickly.

Financial markets are diverse and are categorized into various asset classes, including forex, commodities, stocks, indices, fixed income, and cryptocurrencies.

Also referred to as FX, the forex market involves the buying and selling of global currencies, including the British pound, US dollar, euro, and more, operating 24 hours a day.

While each asset is influenced by its own specific factors that impact its price, every market's price is ultimately driven by the fundamental principle of supply and demand.

Supply refers to the amount of an asset available for purchase in a financial market. If there is high demand but limited supply, the price will increase. Conversely, if supply increases without a corresponding rise in demand, the price typically decreases.

Demand refers to the number of people looking to buy an asset in a financial market. If demand is low and supply is high, the price will decrease. However, if demand increases without a rise in supply, the price will typically go up.

A variety of individuals and organizations participate in buying and selling financial markets, including institutional investors, brokers, banks, and retail investors.

Financial markets are often depicted as a battle between bulls and bears. Bulls are market participants who have a positive outlook on an asset, while bears take the opposite view, believing the asset is overpriced.

When bulls outnumber bears, more people are looking to buy, increasing demand, which may surpass supply. This creates a bull market, driving prices to new highs. Conversely, when bears outnumber bulls, many people are trying to sell, resulting in lower demand and potentially higher supply. This leads to a bear market, where prices decline.

Volatility refers to the extent to which an asset's price fluctuates over time. In most markets, neither bears nor bulls completely dominate; instead, the price tends to oscillate as one group gains control, then another takes over.

If you examine the price chart of nearly any market, you'll see volatility at play. Markets with high volatility experience significant price shifts, creating numerous profit opportunities, but also raising the level of risk. Traders who are more willing to take risks might seek out volatile assets, while those who prefer to minimize risk will typically choose markets with more stable price movements.

Liquidity refers to how quickly and easily an asset can be bought or sold in a financial market. When there are plenty of buyers and sellers available, the asset is considered highly liquid, making it easier to trade without significantly impacting its price.

Liquidity plays a crucial role in financial markets, allowing traders to act swiftly and ensuring competitive prices. Markets with lower liquidity are generally viewed as riskier compared to those with higher liquidity.
Develop your Trading Skills

Learn & Earn

Start reading with EFD Group and take your trading knowledge and confidence to the next level. Trading forex can be taught to you by yourself. Nonetheless, it's crucial to learn the fundamentals before entering the market. New traders will benefit from understanding global markets and the impact of events on currency fluctuations. Additionally, you should know how to analyze international markets and utilize the ever-changing trading technology accessible to modern forex traders. Staying up-to-date with the latest financial trading news is a good idea to get a feel for the subject. People who don't have any prior knowledge of financial markets or trading can benefit from EFD courses.

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Learn & Earn Program

Level 1

The Learn and Earn program offers you the benefit of learning the basic of Forex from scratch and sharpening your trading skills, learning strategies to trade in the Forex Market, as well as mastering the trading platforms and tools without any financial risk. Lessons included in Basic Course-

What is Forex?

Forex is the market where currencies are traded to make a profit from their value changes. It's open 24/5.

What to Trade?

Forex involves the trading of different currencies, like the US dollar, euro, yen, and pound, against one another.

Currency Pairs

Currency pairs are two currencies traded, like EUR/USD, with the first as the base and the second as the quote.

FX Market Size

The forex market is the largest in the world, with over $6 trillion in daily trading volume, offering high liquidity for quick trades.

How to trade?

Forex trading involves buying and selling currencies to profit from exchange rate changes, aiming to buy low and sell high or vice versa.

What is a PIP?

A pip is the smallest price movement in a currency pair, typically the fourth decimal place, indicating market fluctuation and value change.

Working Process

Forex trading involves the simultaneous purchase of one currency and sale of another, with the goal of making profit.

When to Trade?

Analyze the forex market using technical and fundamental analysis to identify trends, support and resistance levels, and potential entry points.

What is a LOT?

A lot in forex trading is a standardized unit that represents the size of a trade, indicating the amount of currency being bought or sold.

What is Spread?

The spread is the difference between the buying and selling price of a currency pair. It represents the cost of a trade and directly affects profitability.

What is Bid/Ask?

The "Bid" is the price at which a dealer is willing to purchase a currency pair, whereas the "Ask" is the price at which a dealer is willing to sell it.

Market Hours

The forex market is divided into four main trading sessions: the Sydney session, the Tokyo session, the London session, and the New York session.

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Learn & Earn Program

Level 2

With the Learn and Earn program master the intermediate Forex course. Learn about technical studies and importance of fundamentals, while refining your trading skills. Throughout the course, you'll explore market techniques and various indicators.

Technical Indicator

A technical indicator uses past price or volume data to help traders analyze trends and make buy or sell decisions.

Trend Indicator

Trend indicators show the direction, strength, and momentum of a market trend, helping traders identify uptrends, downtrends.

Oscillator Indicator

Oscillator indicators help identify overbought or oversold conditions, signaling potential market reversals.

Momentum

Momentum indicators measure the speed of price movements, helping traders assess trend strength and potential reversals.

S & R

Support and resistance indicators help identify price levels where an asset tends to reverse direction.

Volatility Indicator

Volatility indicators measure the degree of price fluctuations in a market. They help traders assess market risk.

Moving Average

The Moving Average (MA) is a popular Forex indicator that smooths price data, helping to identify trends, reversal points, and market direction.

Bollinger Bands

It is a technical analysis tool used in Forex trading to measure market volatility and identify overbought or oversold conditions.

Fibonacci

It is a popular technical analysis tool used in Forex trading to identify potential support and resistance levels.

RSI

The Relative Strength Index (RSI) is a technical tool used in Forex trading to measure the speed and change of price movements.

Parabolic SAR

It is a trend-following indicator in Forex that uses dots above or below the price to signal potential trend reversals and entry/exit points.

ATR

It is an indicator in Forex that measures the average range between the high and low prices over a set period.

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Learn & Earn Program

Level 3

The Learn and Earn program allows you to master the advanced Forex course, helping you to develop your own trading skills. In this course, you'll focus on risk management, risk-reward ratios, and recognizing Forex trading scams.

Risk Management

Risk management controls risks to minimize losses, using strategies like stop-loss orders and diversification.

Risk Reward Ratio

The risk-reward ratio compares potential risk to reward, helping traders decide if a trade is worth taking.

Forex Scams

Fake Forex Brokers
Ponzi Schemes
Signal Seller Scams
Fraudulent Software
Unregulated Platforms

Type of Trader

The Scalper
The Day Trader
The Swing Trader
The Position Trader

Life threatning

Over Leveraging
Poor Risk Management
Emotional Trading
Lack of a Trading Plan
Over Trading

Trading Plan

A trading plan is an organized approach to executing a trading system that you’ve developed based on your market analysis.

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Ease of Access

Basic Course
Registration
Basic Training
Trading Practice
Basic Education
Assessment
Intermediate Course
Upgradation
Manage Funds
Training Session
Education
Assessment
Advanced Course
Upgradation
Multi Accounts
Training Session
Partnership
Business Setup

Summary

Forex trading for beginners can be difficult. The common expectations among newcomers to this market are unrealistic. For beginners in both forex and stock trading, there are many fundamental principles that can be used. Forex trading is the main focus of EFD Group. However, some strategies, terms, and general concepts also apply to stock trading. By the end of the course, you will understand all the essential terms used in Forex trading, making trading easier and less confusing. You will be taught all the fundamentals, such as which platform to use, how to execute a trade, and so on.

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EFD Group advice: Forex is risky. Do not invest what you cannot afford to lose. Read More

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