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Trading basics

You can read more about forex trading while watching this video, or refer to the below text if something in the video remains unclear.

To help you on your way to becoming a successful trader with Alpari UK, this step-by-step trading guide will provide you with the knowledge and information you need to start trading.

Step 1 – Practise with a Demo account

Before you start trading live, it can be helpful to familiarise yourself with the trading platform as well as test out your strategies. With a Demo account, you can practise in a real trading environment without risking your own money.

On a MetaTrader 4 (MT4) Demo account, you can also apply your risk management strategies.

Step 2 – Understand the forex market

It’s important to have a broad knowledge of the forex market, how it works and what can affect it. We have a range of webinars and research tools that can help you learn about forex trading.

There’s also the Alpari Newsroom where our market analysts present news and analysis on market movements and updates.

Step 3 – Open a Live account

Once you have familiarised yourself with the MT4 platform and feel confident in your trading, you can open a Live account.

You will then have access to our comprehensive offering including all of the research and charting tools.

Step 4 – Start trading

Once you feel confident to start trading on a Live account, you will be able to put everything you have learnt into practice.

If you have any questions, please don’t hesitate to contact our multilingual Client Services team.