Guides
Trading guides for beginners
Each guide explains one topic in plain English, with worked examples and the risks spelled out.
Forex basics
What the foreign exchange market is, how currency pairs are quoted, and what pips, lots and spreads mean in practice.
Read the guide →CFDs & leverage
What a contract for difference is, how margin and leverage work, and why most retail CFD accounts lose money.
Read the guide →Crypto markets
How cryptoasset markets work, why they are so volatile, custody risks, and the protections you usually do not have.
Read the guide →Risk management
How traders limit losses: position sizing, the 1% rule, stop-loss orders, drawdowns and keeping a trading journal.
Read the guide →Spotting scams
Warning signs of fraudulent trading platforms and 'account managers', how to check a firm with the regulator, and what to do if you have been targeted.
Read the guide →Suggested reading order
- Forex basics - how prices are quoted.
- CFDs and leverage - why small moves matter.
- Risk management - keeping losses survivable.
- Crypto markets - what is different about cryptoassets.
- Spotting scams - read this one before sending money anywhere.