Academy · Beginner

Forex basics

Everything the rest of the academy assumes you already know. What a currency pair actually is, what a pip is worth, how leverage and margin interact, and why the spread is the first cost of every trade.

  • ✓ 24 lessons
  • ✓ 24 minutes end to end
  • ✓ Free in the app
  • ✓ No sign-up to start reading

Last reviewed by the MarketPro research desk · Editorial policy

Almost everything that goes wrong early in a trading account traces back to one of these lessons being skipped. Not knowing what a pip is worth means not knowing what a stop loss costs. Not understanding margin means a position size that looks conservative and is not.

Read them in order if you are starting out. The what is forex guide covers the same ground in one long read if you prefer that format.

Beginner lessons 21

Intermediate lessons 3

Guided paths that use these lessons

A path is an ordered run through lessons from several categories, which is how the app presents them. 2 paths draw on forex basics.

Forex Foundations

Start here: how the forex market actually works, from quotes to leverage to your first broker.

12 lessons

Chart Reading Essentials

Candles, trend, support/resistance and the most common chart patterns — the visual vocabulary of trading.

10 lessons

Written and reviewed by the MarketPro research desk

MarketPro is a trading-signal and trading-education app operated by Harajuku Holdings LTD (Cyprus). Our signal desk publishes and tracks every trade idea in-app, and every page here is checked against the app's live behaviour before publishing. Last reviewed . How we produce signals and content · About MarketPro

FAQ

Forex basics: questions

How many forex basics lessons are there?
24, and they are all in the MarketPro app. This page lists every one of them. Each lesson takes about 1 minutes to read.
Do I have to pay to read them?
No. The academy is free on every MarketPro account, including free ones, with no lesson cap and no paywall inside the app. On this website the first part of each lesson is open and the rest is in the app, which is where the quizzes and the progress tracking are.
Do I need a broker account to start?
No. The academy, the calculators on this site and the free weekly signals all work without one. A broker account is only needed when you decide to place a real trade, and that decision is yours alone.
Trade · Learn · Earn

Take forex basics with you

All 24 lessons in this category, plus the other 296 in the academy, quizzes and progress tracking. Free on any MarketPro account.

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Not investment advice. Past performance is not indicative of future results.