We welcome you to your Forex Trading journey!
We have created this guide for absolute beginners. You'll learn the basic concepts of forex trading, so that you can start practising on demo.
This guide is created for definitions & major concepts of forex trading, from what is forex trading & how does forex markets work, to the best forex brokers that you can safely trade with in Kenya.
Please note that this guide is for your starting reference only to learn about the basic concepts. After learning basic, you must spend few months to practise on demo before trading with any real money.
Note: Forex Trading is risky & can result in loss of your entire capital. So please make sure to learn fully about the risk of margin trading & don't invest any capital that you cannot affort to lose.
Forex Trading involves the buying & selling of currencies, to profit from their movement.
Explore the chapters:
What is it, and how does the forex markets work?
For absolute beginners. Learn what is forex trading, its basic concepts like Pips, the risks & more.
Note, using leverage in forex trading is very risky!
Learn about what is leverage, how much is too much. And how professional traders use safe margins.
Understand the forex market sessions & hours according to Kenyan time zone.
We cover the 3 major trading sessions i.e. Tokyo, London & Ney York sessions. And their time according to Kenya.