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Frequently asked questions

  • Forex trading is the buying and selling of currencies in the foreign exchange market to make a profit from the fluctuations in exchange rates.

  • To start forex trading, you need to educate yourself on the basics of forex trading, learn how to read charts and interpret market trends, understand the risks involved, and choose a reliable forex broker. Learn to develop a trading strategy, practise using a demo account, and start trading with small amounts of money to gain experience. 

  • Yes, it's possible to learn forex trading by self-study and practice using online resources and demo accounts. However, seeking guidance from experienced traders or taking courses can reduce the risk of costly mistakes and accelerate the learning process.

  • The cost of a forex trading course in the UK depends on the provider, course duration, and course content. Prices typically range from a few hundred to several thousand pounds.

  • Taking a forex trading course can provide you with a structured learning experience that covers all aspects of forex trading, including technical analysis, fundamental analysis, risk management, and trading psychology. A course can also provide you with access to experienced traders and mentors who can provide guidance and answer your questions. 

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