What is FX? A beginner’s guide to how it works
What do you trade, and how do gains and losses arise? Start with a clear explanation of the basics.
Read about FX basicsFX Minutes
From how FX works to trading basics, managing risk and choosing a broker. Clear answers to your first questions, one at a time.
BEGINNER FIRST
New to FX? Here are the basics worth understanding first.
What do you trade, and how do gains and losses arise? Start with a clear explanation of the basics.
Read about FX basics
Understand leverage, losses and automatic position closure before you begin.
Explore risk management
A simple guide to opening an account, preparing your apps and logging in to MT4 / MT5.
Start simplySTART HERE
Not sure what to read first? Follow this learning path.
GLOSSARY
Short, beginner-friendly explanations of pips, lots, leverage, margin and other common FX terms.
View the FX glossaryBROKER GUIDE
Brokers differ in their regulation, trading conditions, costs and available services.
Look beyond advertising. Learn what to check for yourself.
Explore broker selectionABOUT FX MINUTES
Take unfamiliar terms and concepts one at a time. FX Minutes makes learning about FX clearer.