01 Qualities of Good Forex Trading Classes
Before signing up for classes, take the time to look at some Forex trading course reviews submitted by past clients. You should also consider the following criteria:
End to End Support
An excellent trading school will assist you in all areas of trading, from technical assistance, assistance with your trading, all the way up to support surrounding your trading psychology. Ensure the school you choose has your back.
All Inclusive Trading Tools
Look for a course that gives you all the resources you require. Successful trading relies on a lot of information, a good school will have all that information for you. Stay away from single-product institutions that will only give you a single piece of the whole pie.
Integrity and Performance
Investigate your mentor, ensure they’ve been trading for a long time and have been trading successfully. If they’re not profitable, what could they possibly teach you? Be vigilant, and don’t be afraid to ask questions.
Importance of Learning Forex Trading 02
You don’t need to have had any special education in economics to become involved in the Forex market. Whatever your day job is, you stand as much a chance as anyone else at being successful.
Nevertheless, don’t underestimate the need to learn the ropes. Having a good foreign exchange currency guide to steer you through the early stages is necessary, especially if you’re a novice trader.
03 Why Do You Need to Learn Forex Trading?
It’s strongly advised that beginners enrol with a reputable FX learning agency to learn how to navigate the markets profitably.
The right training course in trading will give you a concrete foundation in market direction and money and risk management, as well as a thorough understanding of the strategies involved in price action trading.
Basic Tips on FX Trading 04
There are three essential tips to keep in mind when getting into Forex:
Find a trading platform that works
When you get into FX trading, it’s helpful to be able to test the water with your broker’s system so you can decide if trading suits you. You have a chance to test it out using virtual money, instead of your own funds.
Learn, Study, Research
It’ll also help if you find the best forex trading course you can afford. You are looking for one that will equip you with the technical analysis skills you need to understand Forex better and stay updated with all the current market trends.
Work with a Broker You Can Trust
Last but not least, you should find a broker or large market maker that’s regulated in at least one, preferably two, countries to ensure the safety of the money you’re spending.
05 Reasons Why You’d Want to Consider Currency Trading
The advantages of global currency markets are many, and make it well worth learning foreign exchange currency trading. These include:
Profit Potential
Is one factor that’s plentiful in the currency market and every investor wants to hear about. You can even profit regardless if currencies are going up or down by buying when a currency pair is going up, and selling if you anticipate that it’s about to go down.
Market Size
The currency markets happen to be the biggest financial market in the world. Having a market on this scale makes it more difficult for any single entity to come in and manipulate it for their gain.
Tax Advantages
Obviously, the fewer taxes you pay, the better. In the Forex market, it doesn’t matter if you take your profit shortly after you enter a trade or a longer period afterwards. The first 40% of your profits are taxed at a short-term capital gains rate, and the remaining 60% at long-term capital gains rates.
I want to claim my FREE Consultation
Forex Trading for Beginners
Regardless of your level of understanding of the ins and outs of the trade and foreign exchange currency markets, you’ll fit right in to our programme, as we offer what’s considered to be the best Forex trading course for beginners anywhere.
The Forex Trading Course offered to beginners by the Platinum Trading Academy is specifically designed to jumpstart your journey into the world of Forex trading. As we go along, you’ll learn to trade Forex with our Institutional Forex Trading Mentors who are skilled in teaching traders at novice level and setting them on the road to profitability.
As an added perk, this online Forex trading course can be implemented from the comfort of your own home and with a private Forex Mentor, who you can approach directly for step-by-step support for a period of 12 months after signing up. You can learn Forex trading in real-time and with the flexibility of booking your Forex tutorials at your own pace. To provide you with the opportunity to learn from experience, we’ll also open a free demo account so you can apply all the strategies and techniques that you will learn on our Forex for Beginners course.
The areas that we will cover include:
What is Forex?
Learn to Trade Forex News Events
Basics of Forex Analysis
Setting up your Forex Trading System
Placing Live Trades on your First Demo Account
How to Start Forex Trading
Forex Strategies used by Banks
Forex Trading Plan
Forex Trading Live with your Mentor
Forex Masters Course
If you’re someone who wants to try trading alongside their main profession, this course is a must-have. It’s equally essential for anyone who is either just starting their journey into the world of financial trading or looking to improve their current trading performance and grow their current income even further. This Forex Trading Course has been expertly put together to ensure both simplicity and ease of learning, at a time that’s convenient for you, fitted in around your already-busy schedule.
The Forex Masters Course will cover all areas of trading, from technical analysis to the fundamental understanding of the Financial Markets. The primary goal of this course is to ensure that you’re able to experience success when you trade for just 30 minutes to 1 hour a day.
You will also learn everything from risk management and money management to how to use our trading system, as well as gaining knowledge on how to read the markets from a technical and fundamental perspective.
If you’re currently into trading but are looking for consistency and profitability, then this is the course for you. Here at the Platinum Trading Academy, we will work with you to refine your approach, develop your skill, and gear you up towards becoming a successful and profitable trader.
This is also an online trading course, which means that you can work through it at your own pace. Once you register, you’ll be provided with unique log-in details and receive your exclusive one-to-one coaching sessions with your Platinum Mentor – in the comfort of your own home!
The Platinum Methodology fits together seamlessly if you’re looking to trade in the time margins around your main profession, and will allow you to develop a consistently profitable experience as a trader in the Financial Markets.
The areas that we will cover include:
Live Forex Trading Floor
Private Mentor Providing One to One Training
Forex Strategies for Extreme Scalping
Institutional Forex Trading Strategies
Money Management Techniques
Trade the London Open Live with our Daily FX Webinars
Forex Trading System for 12 Currency Pairs
Forex Signals via Platinum SMS Alerts
10 Private Currency Trading Tutorials
You’ll also learn Advanced Forex Trading Strategies; the Forex News Trading Strategies used by banks; Seasonal Analysis and Strategies used by hedge funds; Money Management And Hedging Strategies; and Advanced Forex Technical Analysis, as well as how to use Commodities and Indices to predict Currency Moves; how to create automated Forex Trading strategies; how to predict the price of currencies through our Currency Intelligence Map; and how to trade all major and minor trading sessions. These modules cover every skill necessary to be able to trade with absolute confidence.
Once you complete this Forex Master’s Course, you’ll be given a live trading account with a start-up fund of £10,000. Get in touch with us now to learn more. Your journey to a consistently profitable trading career starts here and now!
I want to claim my FREE Consultation
Why the Platinum Trading Academy?
We offer our structured Forex Trading Course UK wide. Amongst a host of other benefits, our Financial Trading Courses will help you to achieve another source of income, financial security and stability, and the ability to scale your business up or down. It will set you on the path to having complete financial freedom.
We design and develop courses that are regularly reviewed by experienced traders who work on the biggest trading floors in the world: The New York Stock Exchange, the
Chicago Board of Exchange, and the London Stock Exchange, to name but a few. Many of our Elite Forex Trading students now work in major banks or have set up their own hedge funds.
We’ve established Forex Trading Academies in the United Kingdom, Australia, the United States, Dubai and India; and we are venturing into Barcelona soon. With thousands of students trained over the last eight years, and over 50 years of Forex Trading experience on our staff, our strong support system and disciplined approach are proven to enhance and reaffirm your capabilities to succeed in the Financial Trading Industry.
To ask for a consultation or for enquiries about any of our programmes and Forex Trading Course price, please do get in touch by dialling +44 207 193 1457. Alternatively,
contact us through our online form at https://www.platinumtradingacademy.com/contact-us/
Let your Forex Trading journey begin now!
FREQUENTLY ASKED QUESTIONS
How much does a Forex trade cost?
In FX trading, a broker may charge a £1 commission per £750,000 of currency pairing that’s bought or sold, up to a transaction limit of £7,500,000. For example, when a trader buys £10,000,000, the broker receives £10 as a fee. However, if a trader buys more than £10,000,000, a new fee will become applicable.
Are Forex courses worth it?
You can pick up some of the theory behind FX trading from books or articles online, but when it comes to actually trading in a Forex market, learning through a foreign exchange currency module delivered by professionals provides a structured way of becoming well versed in foreign exchange trading. If your tutor is a successful trader themselves and has the benefit of many years’ experience, then a paid-for Forex course can pay dividends.
Can Forex trading make you rich?
Forex trading takes skill, determination, discipline and effort. You should not expect it to be a ‘get rich quick’ scheme. All traders lose money from time to time, sometimes because they don’t follow their own strategy and sometimes because trading is inherently risky. Taking a reputable forex trading course online is one way of helping mitigate many (though not all) of the risks.
What is the minimum Forex trade?
To open your own trading account, Forex brokers usually only require a minimum starting capital, which can be as low as £75. In some circumstances, you may be allowed to open a cent or micro account, with which you can trade that will allow you to trade with less than £1.
Can I start Forex with £5?
If you’ve taken Forex trading courses and are all set to trade using your real account to make real money, then the exact amount you need to start trading depends on the type of account you choose. For instance, if you want to begin trading on a micro account, you may only need to deposit as little as £1.
How do I receive money from Forex?
If you’ve traded successfully and made a profit on the Forex market, you can withdraw funds from your brokerage account. Each broker has different procedures, but in essence, you complete a withdrawal form online and funds are wired to your bank account.
Can you live off Forex?
Yes, people make successful livings from Forex trading. However, it requires dedication, time and energy. You also need a firm foundation from which to develop a trading strategy that will stand you in good stead. Professional training in Forex trading can give you the grounding you need to jumpstart your Forex trading career. Then all you have to add is discipline and patience.
Do you need a broker to trade Forex?
If you have a firm understanding of trading Forex, a broker is no longer necessary as trading can be done online from the comfort of your own home. What you may benefit from, though, especially in the early days when you’re just starting out, is a reliable FX guide service.
How long do Forex withdrawals take?
Exact timescales depends on the brokerage and your agreement with them. As a rough guide, withdrawal requests tend to be processed within 24 hours; while it takes between three and five business days for funds to be transferred into a bank account.
Does Forex have a monthly fee?
If you place trades through a broker, you tend to pay a small amount in commissions or costs per trade. The amount charged is set by the broker but is usually not excessive. Aside from this, there are no other financial fees to be paid.
Get the latest FX Trading Market Reports and Views, Forex Trading Videos, and Forecasts of Forex Trading Opportunities delivered straight to your Inbox!