For some, trading Forex is a job. For others, it’s a hobby. But for everyone, it’s a pursuit that requires time, skill and a deep understanding of the financial markets. To provide traders with a vast, well-rounded knowledge of the currency markets, DailyForex.com has launched FX Academy, the first interactive online Forex learning program that can be completed by traders at their own pace.
All FX Academy lessons were written by professional traders, all of whom have published extensively about Forex-related topics and have proven mastery in their fields. Each lesson includes videos, related texts, recommendations for additional reading and quizzes so that traders can test their knowledge before advancing to the next lesson. In addition, Forex trading simulations based upon actual market conditions allow traders to practice their new trading strategies in a safe, risk-free environment.
The goal of the FX Academy is to make sure that traders at all levels have the tools they need not only to understand the markets, but to master them. Traders at all levels will find relevant courses that will help develop new skills or sharpen their existing knowledge. Topics include risk management, support and resistance, double Bollinger bands, trading psychology and the responsible use of leverage, among other topics. Once traders feel comfortable with the topic at hand, they can practice with the FX Academy’s proprietary trading simulators which take real market conditions and put their knowledge to the test in a comfortable, risk-free environment.
A New Way to Learn Forex
The retail FX trading sector now accounts for an estimated share of at least $186 billion per day, according to the most recent BIS Triennial Central Bank Survey. But that doesn’t mean that every trader is a good one. FX Academy aims to solve this problem by making a quality Forex education available to traders worldwide, with no obligations.
According to Adam Lemon, a critical part of the DailyForex.com trading desk, and a Senior Instructor at FX Academy, “Our aim for the FX Academy is to change the Forex trading landscape towards a safer and higher return market opportunity for traders of all experience levels. By sharing our knowledge, insight and expertise of the global Forex markets we not only make learning Forex trading more accessible, we facilitate a faster, more secure and lower risk entrance into the exciting retail FX trading and investment arena.”
Traders can write notes on each FX Academy lesson to remind themselves of critical elements or to record questions or ideas that they have during the process. Likewise, registered traders can keep track of the lessons they’ve completed or those they want to return to later on. Traders looking to spend money on trading and not on learning will appreciate that FX Academy offers free, individualized Forex education for traders at all levels who are looking for a professional academic experience without the confines of a typical classroom.
To register for the FX Academy for free, click here now.