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The FX Know
Forex academy

Learn forex, step by step.

Five tracks, ordered so each lesson builds on the last. Start with the basics — every lesson has worked examples you can check with our calculators.

Track 01

Forex Basics

Pips, lots, leverage, margin and how a currency quote works.

  1. Lesson 1beginnerWhat Is Forex? How the Currency Market WorksForex is the global market for exchanging currencies. Learn who trades it, how a currency quote works and why prices move — in plain English.Read lesson
  2. Lesson 2beginnerWhat Is a Pip? Pip Value Explained With ExamplesA pip is the standard unit for measuring a currency price move. Learn pip size, lot sizes and how to calculate pip value in your own account currency.Read lesson
  3. Lesson 3beginnerLeverage and Margin Explained (Without the Jargon)Leverage lets you control a large position with a small deposit called margin. Learn how it works, how margin calls happen and the retail leverage limits.Read lesson
Track 02

Technical Analysis

Reading charts, trends, support and resistance, and indicators.

Lessons for this track are being written. Subscribe below to hear when they launch.

Track 03

Fundamental Analysis

Interest rates, inflation, central banks and the economic calendar.

Lessons for this track are being written. Subscribe below to hear when they launch.

Track 04

Risk Management

Position sizing, stop losses and protecting your capital.

  1. Lesson 1beginnerPosition Sizing — How Much Should You Risk per Trade?Position sizing decides how many lots to trade so a stop loss costs a fixed share of your account. Learn the formula, the 1% guideline and common mistakes.Read lesson
Track 05

Trading Psychology

Discipline, journaling and handling losing streaks.

Lessons for this track are being written. Subscribe below to hear when they launch.