Forex from scratch
A complete beginner-to-confident path through the foreign-exchange market: how it is structured, who trades it, how brokers and accounts work, and the essential vocabulary — pips, spread, leverage, margin, lots and orders.
Forex introduction
What the forex market is and why it exists.
How the market is structured
Where forex trades, the currencies involved, and when it is open.
Brokers, regulation and accounts
How to access the market safely and what account choices mean.
Core terminology
The essential vocabulary every forex trader must own.
Partner broker
Exclusive discountTrade forex & CFDs with IC Markets
IC Markets is a regulated broker offering raw spreads and fast execution across forex, indices, commodities and more. We negotiated reduced trading costs for our clients — available only through our referral link or QR code.
Your negotiated pricing
- Raw Spread commission
- $7.00 / lot$5.50 / lot−21%
- Standard spread (major FX)
- 0.8 pips0.5 pips−0.3 pip
Applies to Raw Spread and Standard accounts on MetaTrader 4 and MetaTrader 5. Minor FX, exotic FX and metals drop to 0.7 pips on Standard.
Already have an IC Markets account, or you're with another partner? You can switch to ours and get the same discount. See how to switch
Not available to residents of the European Union or Australia. European countries outside the EU — the United Kingdom, for example — are eligible.
This content is for educational and informational purposes only and is not investment, financial, tax or legal advice. Trading and investing carry risk, including the possible loss of capital. Any performance shown by third-party tools is hypothetical and not a promise of future results. Do your own research and consider professional advice before making any decision.