Getting Started

Step 1. Open a demo account.

You can apply your knowledge in a real-life environment without risking your money. Demo accounts are used for:

  • Developing and testing trading strategies;
  • Gaining confidence and familiarity of the trading platform;
  • Applying your Risk Management rules to get an understanding of how they work.

 

Download MetaTrader 4  

We recommend that you open a demo account prior to trading the live markets.

Step 2. Learn to forecast which way a market is expected to trend.

It is up to you what to choose: Fundamental Analysis, Technical Analysis, Elliot Wave theory, Candlesticks, Tomas Demark Theory, Chaos Theory or any other. Whatever you choose try to get as much experience as possible and never stop studying.

Step 3. Develop and test your trading strategy.

As with all trading, timing is critical. Sometimes it is not enough to know which trend prevails in the market. You need to learn how to determine the moment when it is more profitable to open/close a position because the difference in a few minutes can mean the difference between being a winner or a loser.

Step 4. Develop and test your risk management rules.

Follow your rules of risk management and know exactly how much you are ready to commit to the trade. If you do apply risk management rules correctly this could help you to increase your profit and at the same time to limit your losses.

Step 5. Be less emotional.

Try to make rational not emotional decisions. If you follow your emotions you are more inclined to make wrong and therefore unprofitable decisions. Make your trading plans before you open positions. Decide on your objectives, entry and exit points.

Step 6. Open a live account.

Start trading on the live account with a strategy that you've proven to yourself. Analyse your good trades and your bad ones. You can continue to develop your trading skills by testing your trading strategies on your demo account.

If you are considering opening a live account, we will be happy to help you with this. On the “Open a Live Account” webpage you will find a complete, step by step guide of the account opening procedure.

It is very important for us to know that all our customers are happy with our services.

Why trade Forex with Alpari:
Risk Warning

The following should be read carefully, as it describes some of the main risks in dealing in the Forex and CFD markets.

It is important that you should not engage in trading unless you understand the nature of the transaction you are entering into and, the true extent of the exposure to the risk of loss. These products may not be suitable for all investors; therefore if you do not fully understand the risks involved, you must seek independent advice.

This notice cannot and does not disclose or explain all of the risks and other significant aspects involved in dealing in such products, but you should particularly note the following:

  • Under margin trading conditions even small market movements may have great impact on the customer's trading account. You must consider that if the market moves against you, you may sustain a total loss greater than the funds deposited. You are responsible for all the risks, financial resources you use and for the chosen trading strategy.
  • Some instruments trade within wide intraday ranges with volatile price movements. Therefore, you must carefully consider that there is a high risk of losses as well as profits.

for example, forex
Our advantages

Getting started

Any questions?



* under normal market conditions

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