Beginners Guide to Trading

You may have heard about trading FX from a friend, seen an advertisement, or recently
read a news headline. Interested to learn more but don’t know where to start?
While understanding the world of trading can be a daunting and intimidating task,
we’re here to help you along the way. Juno Markets aims to provide resources for
traders of all levels to learn and succeed.

Beginners Guide to Trading

You may have heard about trading FX from a friend, seen an advertisement, or recently read a news headline. Interested to learn more but don’t know where to start? While understanding the world of trading can be a daunting and intimidating task, we’re here to help you along the way. Juno Markets aims to provide resources for traders of all levels to learn and succeed.

Lets start with the basics:
What is Foreign Exchange?

Simply put, foreign exchange (FOREX), is the exchange of one currency for another currency. A trader buys one currency while simultaneously selling another in hopes that the currency they buy will rise in value.

Before the internet, FX trading was only reserved for banks, large corporations, or high net worth clients who traded with a broker through the phone. As the internet age came about in the late 1990s, online trading became possible for everyday individuals.

Why trade FX?

FX is by far the largest and most fasted growing market in the world with over $5.1 trillion USD in volume traded daily. Compare this to the US stock market which has a daily volume of $250 billion, FX 20 times larger!

There are a several of reasons you should be interested in FX or looking to add it to your portfolio. Take a look at the chart below to see how Forex compares to Stocks.

Forex Stocks
Leverage Up to 500x Up to 2x
Starting Capital $100 USD $5,000 USD
Trading Hours 24 hours 8 hours
Number of Instruments 7 major currencies Thousands of stocks
Subscription Cost Free Pay for quotes and charts
How do I get started?

The easiest way to get started is by signing up for a free demo account. A demo account gives you virtual money to practice trading.

Lets start with the basics:
Want to learn step by step about the Forex Market?
Signup to our 30-Days Beginner’s Guide on Forex Trading Course!