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Your beginner path

Work through these six steps in order. Each takes about ten minutes, and together they cover the foundations most new traders skip.

  1. Understand how markets move

    Learn what forex is, how currency pairs are quoted and what drives prices.

    What is forex trading?
  2. Learn the units of risk

    Pips, lots and leverage — the language every position is measured in.

    Pips, lots and leverage
  3. Size every trade

    Turn a stop-loss into the right position size so each loss is planned.

    Position sizingCalculator
  4. Respect crypto’s extra risk

    Why crypto needs smaller positions, and how to keep your accounts secure.

    Volatility and riskSecurity basics
  5. Understand prop firm rules

    How challenges, daily loss limits and drawdown calculations really work.

    How challenges workDrawdown rules
  6. Compare firms before you pay

    Check targets, limits and payout terms side by side, then read the firm’s own rules.

    Prop firm comparison