Forex 101: Free Online Forex Course

peter.nguyen

Trader
Apr 6, 2022
65
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Advantages of the Online Forex Course from AximTrade​

Inspired by the role of knowledge in the world of trading, AximTrade established a hub for learning the Forex market. Besides its outstanding free online course, traders can easily access a wide array of educational articles, market news, and trading tools to successfully navigate the world of forex trading.

Our extensive online forex course is developed by professional traders, for novice traders. This course is designed so you can get the essential knowledge you need for successful trading. Our course is completely free, and accessible from anywhere at any time.

Attending this course allows you to build your own trading understanding derived from real live traders. This free online forex course suits anyone who wants to step into the world of forex trading. Regardless of your experience level, the course will help you gain the required knowledge and confidence to start your trading journey.

Online Forex Course Map​

The course begins with the basic knowledge every trader should know about the market, and gradually moves forward to advanced technical aspects of trading.

Level 1 – Beginner​

Introduction to Forex Trading – This level is dedicated to novice forex traders and is designed to provide the forex with basic and essential knowledge. Starting with defining the market, to basic terms and tools used in trading including leverage and the popular trading platform MT4. The first level will help to know:

  • Introduction to the Forex Market
  • Market Session Hours, Chart Types and Analysis
  • Bid, Ask, Spread, Pip, Lot, Order Type, Trailing Stop, Take Profit and Stop Loss
  • Leverage, Margin, Swap, Margin Call, Stop Out & Risk management
  • How to Open a Forex Account and MT4 Platform
  • Learn How to Trade Using MT4 Platform
  • Opening your First Trade

Level 2 – Intermediate​

Forex Analysis – Now that you know the basics, it is time to move forward for a more detailed phase of forex trading. This level elaborates on the types of market analysis used by professionals; technical and fundamental. You get to know how each is applied to the market so you can choose the analysis that better suits you the best. In addition to an extensive explanation of the most popular indicators and how to use each to perform an accurate price analysis. The following are the topics included in this level:

  • Forex Technical Analysis
  • Forex Fundamental Analysis
  • Moving Average Convergence Divergence (MACD)
  • Bollinger Bands
  • The Stochastic
  • Average True Range (ATR)
  • Parabolic Stop and Reverse (SAR)
  • Average Directional Index (ADX)
  • Envelopes Indicator
  • Commodity Channel Index (CCI)
  • Fibonacci Retracement Levels

Level 3 – Advanced​

Forex Strategies – The third level is targeting more advanced trading knowledge, through which a trader will get to know different trading strategies used in the market. Forex strategies are made up of trading signals that trigger buy or sell decisions for a profitable return by going long or short. Strategies can either be based on technical or fundamental market analysis depending on your preferred analytic metrics. Here are the strategies covered in the advanced level of the online forex course:

  • Scalping
  • Pullback or Retracement
  • Day Trading
  • Breakout Strategy
  • Price Action
  • Swing Trading
  • Position Trading
  • Trend Trading
  • Grid Trading
  • Range Trading
  • News Trading
  • Carry Trade

Why Choose AximTrade​

AximTrade is the ideal choice for forex traders and investors who are seeking the best conditions to access the market providing flexible leverage, low opening balance requirements, tight spreads, and effective payment methods.

AximTrade offers diverse options when it comes to forex accounts. Traders can choose the best account type based on their trading strategy, experience, and capital designed for investment. Choices include Standard, Cent, ECN or Infinite leverage account.

Source: Forex 101: Free Online Forex Course