Online Forex Trading Course
Learn How to Trade Forex with Online Classes from FXCM
The forex marketplace is a dynamic, ever-evolving environment. Millions of individuals from around the globe actively engage the forex on a daily basis, driving the advancement of innovation and placing an impetus upon ongoing market-related education.
As one of the industry’s leading forex brokerage firms, FXCM provides a wealth of learning materials to individuals new to the marketplace, as well as to veteran traders looking to stay on the competitive lead-lap. In addition to a live online classroom, free trading manuals and an extensive video library, FXCM offers a structured curriculum of forex-based concepts in FXCM University.
Developed by a faculty of experienced trading analysts, the educational suite presented at FXCM University serves as a comprehensive "Forex 101". In a similar format as traditional collegiate studies, the curriculum is divided into four levels. Each level represents an advanced year, with subsequent lessons growing in complexity:
Freshman Year
The content outlined during Freshman Year defines the basics of the forex market and proper terminology. It affords aspiring traders a concrete knowledge base that can be proven valuable during their entrance into the forex marketplace. Listed below are a few key lessons presented in the introductory level of FXCM University:
Sophomore Year
The second level of FXCM University focuses on the many components necessary for crafting a viable trading decision. Integral portions of the lesson plan include a thorough introduction of fundamental and technical analysis in addition to quantifying market sentiment. Other key topics covered during Sophomore Year include:
Junior Year
Section three of the FXCM University program presents topics associated with market dynamics. Specific varieties of charts, market states and aspects of trader psychology are scrutinised. Technical tools and aspects of trade management are introduced, along with many other unique topics, such as:
Senior Year
Level four marks the final year of the program, presenting advanced trading concepts to intermediate students or experienced veterans of the forex market. As part of the closing year, students take an in-depth look at the applications of technical indicators, the process of strategy development and the keys to effective risk management. Several featured exercises are as follows:
Structure is an important aspect in the pursuit of any type of knowledge. While there are no papers to submit or pop-quizzes at FXCM University, there is a comprehensive progression of lessons aimed at addressing all aspects of forex trading.
Completing the curriculum can help in crafting educated trading decisions while interacting with the market in a disciplined and consistent manner. Becoming fluent in each of these areas can potentially bolster a trader’s aptitude and increases the possibility of achieving longevity in the forex marketplace.