Welcome to Lesson 1 of the Basic Forex Education series by PROP365. In this video, we explore a foundational question: Why trade forex, and how does it actually work?
If you're new to trading and looking to understand how to trade forex, this guide covers the basics—from what forex is to why it's the world’s most liquid and accessible financial market.
Forex (foreign exchange) is the global market where currencies are traded. While corporations and governments use it for practical currency conversion, the bulk of daily trading—over $5 trillion—is driven by individuals and institutions speculating on currency price movements.
Forex trading uses leverage, allowing you to control large positions with a small deposit. For example, with 500:1 leverage, a $25 deposit gives you exposure to a $12,000 position. While this increases potential profits, it also magnifies risk—so it’s essential to manage trades wisely.
Many brokers offer free demo accounts with real-time charts and market data, giving you a chance to practice and build confidence before trading real capital.
Absolutely. You don’t need a degree in finance or prior experience. With basic education and a solid strategy, anyone can learn how to trade forex. At PROP365, we equip traders with all the resources and funding options they need to grow and succeed.
If you're ready to take the first step into forex trading, start with PROP365’s educational resources and trading opportunities. Learn at your pace, trade with confidence, and grow with our support.
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Disclosure: All information provided on this site is intended solely for educational purposes related to trading on financial markets and does not serve as a specific investment recommendation. This is not an investment opportunity. You do not deposit any funds for investment. We do not ask for any funds for investment. There are no promises of rewards or returns. It’s crucial to differentiate between purchasing a program from PROP365 and depositing in a financial institution. The fees you pay for our programs are not deposits. PROP365 does not offer financial advice or issue or deal in financial products. All trading will occur on demo accounts under simulated live trading conditions. All funds are simulated trading funds, and all profits are simulated profits.
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