Step by Step Forex Trading Guide for beginners

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Step by Step instructions to register and start trading Forex with  globally recognized and popular IQ Broker Trading Platform. You can trade free using demo account and you can start live trading with as low as $10 at any time.

So let's learn, practice and trade Forex !  🙂

General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose

Minimum Requirements to Trade
Minimum age limit is 18 years
NIC or Passport ( in English or any main  language ) 
Address Proof Document ( in English or any main  language ) 

1 - Register with IQ Forex Trading Broker for Free

Go to below link and then register with your email & password to start trading Forex using the demo account.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK.

2 - Download the trading application for your desktop, laptop , smartphone or tablet

Download the relevant trading application based on your operating system. Then install it in your device. Once it is successfully installed, login to the trading application using your email and password.

3 - Trade and Practice trading using free demo account using below methods

It is time to start trading using virtual money (demo) and also get familiar with the application.

4 - How to place a trade ?

This is the way to place trades in both demo or live account.

If you think that the price of currency pair will go up . Choose Buy ( Green button )

If you think that the price of currency pair will go down. Choose Sell ( Red button )

Below video will be helpful too.

5 - Deposit and Trade in Live Account !

Once you are successful in demo account. You can start trading using a live account.  Good thing with IQ broker is that you can easily switch between the two account and place trades in both accounts ( demo and live ). So you can practice and learn more in demo even when trading in live account.

So you can start trading in live account by depositing using Skrill, Neteller, Webmoney ( also you can use a credit card ) or other methods given by broker. If you still don't have above wallets, you can create one using below links.

6 - How to withdraw earnings from broker ?

You can withdraw earnings using same method that  you used to make the deposits.

7 - Things to remember and more useful tips

Invest only what you can afford to take a risk with. Do not invest any money taken via a loan or any money that is for your day to day living expenses as Forex is a high risk and high reward type investment.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK.

You can  learn more about Forex Money Management and other useful tips using our Forex School for beginners Section as well.

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