How to do Forex Trading: Free Beginners Guide

Want to start forex trading but don’t know where to start and looking for expert to get help? Use our free beginners guide to learn about the forex market and how to start trading it.

  Introduction to Trading Forex

  A City Index forex trading account has been designed to allow you to receive a tailored service dedicated to trading the foreign exchange market for only a small initial deposit.
Key features of trading forex with City Index include:

• Exposure to 37 spot forex markets
• Access to powerful online, downloadable, mobile and tablet trading platforms
• Ability to change your leverage ratio from a scale of 20:1 to 200:1

How to Trade Forex

As one of the most liquid and widely traded markets in the world, forex enables investors – both new and experienced – to take a position on the future direction of a pair by buying or selling the exchange rate of one currency against another.

For example, let’s look at the GBP/USD currency pair; if you were to ‘buy’ this pair, it would mean you were buying the first currency (GBP) and selling the second (USD) with the expectation that the cross rate price between the two will rise in value – meaning your profits will rise in line with any increase.
Alternatively, if you think that the cross rate between the two would fall – then you would sell GBP/USD. This means that you would be selling the first (GBP) and buying the second (USD) currency in the pair.

Start Trading Forex

How To Do Forex Trading: To start trading forex across a range of trading platforms – including mobile – you can apply for a forex trading account by clicking the button below.

 Apply for an Account

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