How to Start Forex Trading for Beginners in 2025 (Complete Guide)

[00:02] Today I will teach you how this rising chart transforms into this, and ultimately into all of this. I will teach you how to start forex trading as a beginner so that by the end of this video you can so that by the end of this video you can confidently execute your first trade and make profits. I have 16

[00:15] years of experience in this field and I learned everything on my own. Currently, I am building a $5 million mansion for my lovely family. I don't keep information to myself; I will teach you everything you need to know to start forex trading. I will share the free tools I use, the platforms I

[00:32] trade on, how I withdraw my profits, how to analyze charts to generate profits, and much more. So, hit the like button and subscribe to the channel, and let's begin. Let's

[00:44] start with the question: What is forex trading? Let's assume we have a 10 Canadian dollar note. The value of this note fluctuates up and down compared to other currencies. If we put 10

[00:56] dollars into this converter, we will see that one Canadian dollar is only worth 6.92 US dollars. From here, we can trade based on this information. Let's assume we believe that the US dollar is currently very strong. While the Canadian dollar is weak, we can bet on

[01:13] this information by buying US dollars against the Canadian dollar. So, we enter a buy trade, as you can see here. I entered a buy trade, and the price is trending upwards, as you can see here. I entered a buy trade, and the price is trending upwards, which will make me hundreds of dollars. If

[01:28] the price reaches our profit target, we will make a significant profit. There are several reasons that prompted me to take this trade, including the trend line being broken here and the price stabilizing at the

[01:40] trend line being broken here and the price stabilizing at the support level. I will explain these details later, but I just wanted to show you how the trade develops. As you can see, we are close to achieving our As you can see, we are close to achieving our profit target, and at this exact point, we make

[01:54] profit target, and at this exact point, we make $334 upon closing the trade. On the other hand, let's assume we believe the Canadian dollar is strong and will rebound, while the US dollar is currently weak. In this case, we will open a

[02:09] currently weak. In this case, we will open a sell trade because we will sell US dollars and buy Canadian dollars. This will look exactly as you can see Canadian dollars. This will look exactly as you can see here, where we are currently in a sell trade. We are

[02:21] selling US dollars against Canadian dollars, which means we believe the Canadian dollar is Canadian dollars, which means we believe the Canadian dollar is stronger. The price will start to fall, and as you can see, you could make a profit of approximately $861 if it

[02:36] reaches The price is at our target here now. If the price rises and hits the stop- loss order above, we will lose this trade and a few hundred dollars. The trading process is

[02:48] few hundred dollars. The trading process is very simple. As you can see here, this trade is about to play out correctly and move in our direction, generating profits of approximately $860. It's important to understand that I don't buy and

[03:02] sell based on guesswork. When I execute a trade, I don't rely on the belief that the US dollar or the Canadian dollar is strong. I use actual chart analysis that gives me a high probability that the price will reach the specified levels, move in the

[03:19] direction I expect, and achieve my profit targets. For each trade, I have a checklist that I adhere to. It's a set of rules that must all be met. If

[03:31] any rule isn't met, I won't execute the trade. Now, let's start with the first free tool I use for chart analysis: TradeView. TradeView is the platform I use to analyze the market. You can find the link in the description, and it's completely free. All you have to do is click

[03:48] on "Take Started" and then click on "Sign Up." It's free for life and doesn't require a credit card. Just enter your email address and you can register your account. Once set up, go to the

[04:01] Products section and select SuperCharts. Once you access the charts, you can you access the charts, you can conduct your analysis. You can identify support and resistance levels, which are the levels upon which trades can be made. You can also draw

[04:15] You can also draw trend lines, and when trend lines are broken, this area becomes a suitable entry point for trades. You can combine all this information, as drawing on the charts allows you to identify different patterns, giving you various entry points for

[04:29] buying or selling. Now let's move on to the third lesson: currency pairs. On the right side, you can see a list of all the pairs I monitor. Most of these

[04:41] are major pairs and are the most liquid, making them the easiest to trade and very suitable for beginners. As for gold, also known as USD/ JPY, it's more advanced and you don't need to

[04:53] focus on it at the beginning. However, when you start, I recommend trading the following pairs: EUR/USD, GBP/USD, USD/CAD, USD/JPY, and USD/CHF. Excellent support levels I recommend trading the following pairs: EUR/USD, GBP/USD, USD/CAD, USD/JPY, and USD/CHF. Excellent support levels

[05:13] good price movement, meaning that levels often maintain their strength. For example, when looking at a chart, we can identify a clear support level in a specific area. If we draw a box around this area, we'll see that the level is stable and offers

[05:30] this area, we'll see that the level is stable and offers at this level and achieve recurring profits. Regarding timeframes, there are many options depending on your trading style. On the

[05:46] daily timeframe, trades may last for weeks, while on the four-hour timeframe, they may last for days. If you choose the one-hour timeframe, the trade will most likely last for about a day. The five-minute

[05:58] timeframe is suitable for quick scalping, where you enter and exit the market within just a few hours. The fifth point I want to teach is market sessions. You need to decide when

[06:10] you want to trade. We have the Asian market session, shown here in purple, the London market session in blue, and the US market session in orange, which overlaps slightly with the London session, as you can see here. You can trade in any of these

[06:25] sessions, but it's best to stick to them. With a specific session that suits your style and schedule, I personally trade mainly during the US market session, where there is strong movement and

[06:37] high activity. I focus on trading US dollar pairs such as EUR/USD, USD/CAD, USD/JPY. It is important to maintain your trading at the same time every day to ensure the continuity and stability of your strategy. The

[06:53] sixth point I would like to discuss is indicators. On the TradeView platform, you will find many indicators that you can use as a beginner. You may be tempted to try many of these indicators, but that does not mean they are always accurate or useful. Indicators work by analyzing data

[07:09] and providing trading opportunities or market analysis. For example, we can see this indicator that provides buy and sell signals. If we had bought at this signal, it would have been an excellent place

[07:21] to buy, as the price would have risen and we would have profited from the trade. We also have a sell signal here, and if we had entered a sell trade at that time, our trade would have been very successful. However, the indicator is not always this accurate, and for this reason, I do not rely on it much in

[07:37] my trading. For example, if we get a A buy signal appears here, and we decide to execute a trade. buy signal appears here, and we decide to execute a trade. The question remains: how, when, and where do we execute that trade? After we finish the analysis, we need to place our trade somewhere. To do this, we need a broker.

[07:54] Personally, I use HankoTrade and Ventura. The registration link for each is in the registration link for each is in the video description. First, go to the website; registration is completely free. All you have to do is enter your details and click "Sign Up." After logging in, go

[08:09] here and click "Add Live Account." Choose MTF because this platform is the best for working with robots and signals. Click "Create Account," and you will be taken to the MagnoFX platform. Then

[08:22] you will be taken to the MagnoFX platform. Then go to the Trading Platform and click "Open." MetaTrader will open on your computer. Click on the setup file, then your computer. Click on the setup file, then click on "More Info," then "Run Any," and click "Yes" to install the

[08:37] program on your device. When the platform opens, go to File, then "Loan to Trade Account," and use the account number and password you created in Ventura or HankoTrade. After that, you will be in

[08:49] your account and can start trading. You can trade on a demo or live account. The decision is yours. After that, we will place a buy order. Go to the top of the page and click on New

[09:01] Order, then choose the currency pair you want to trade. For example, if you are trading EUR/USD, you can choose Buy or Sell. As for the choose Buy or Sell. As for the trade size, start with 0.01 lots, as this is the

[09:16] smallest lot size you can enter, which reduces risk. As you learn more, you can watch more videos where I explain how to increase the lot size and use its risk ratio. But initially, as a beginner in Forex trading, always use 0.01 lots. Now, once you

[09:34] Forex trading, always use 0.01 lots. Now, once you click Buy, the trade will be executed and opened. To monitor the trade, click on Terminal, then go to Trade, and you will be able to see the go to Trade, and you will be able to see the trade status. For example, in a trading account with a value of

[09:48] $500,000, you might find that we are currently losing about three cents, which means that the risk here is not high. It is also important to set the Stop Loss and Take Profit for trades. Stop Loss and Take Profit for trades. As you can see here, their current value is zero.

[10:03] To open a trade, simply click Twice on the trade, then select Capi As. After setting the stop loss and take profit, we have a trade take profit, we have a trade ready to either take profit or

[10:18] loss depending on the price direction and closing price within that trade. You can also use robots or copy trades. For example, I have the Forex Fury trading robot, which For example, I have the Forex Fury trading robot, which

[10:32] for me even while I sleep, using a free trading signals once a week. Every week, I send the free trading signal

[10:46] week. Every week, I send the free trading signal to more than 71,000 people. As you can see in the following example, I moved the stop loss to the entry price and closed the take profit. This was the trade that earned me 90 pips

[11:00] trade that earned me 90 pips and a profit of $1700. Finally, the last thing I would like to share with you is an easy trading strategy that you can use to confidently place your first trade on your

[11:15] on your trading account. We will use a simple strategy. The first step is to go to the H timeframe, where we will enter trades. Then go to the indicators and look for any

[11:32] on the moving average to adjust the input to 200. Now, if the price is above the 200-period moving average, we will only enter buy trades. If the price is below the

[11:44] only enter buy trades. If the price is below the moving average, we will only enter sell trades. The third step is to set up support and resistance levels. Here, we can observe a very clear support zone and resistance levels. Here, we can observe a very clear support zone

[11:58] level and then bounces back up each time. We have a very clear entry point in this zone. Since the price is above the blue line, we want to buy, so we will place a buy order in this target zone, setting the

[12:15] in this target zone, setting the previous price as the target for the trade. Now, we will place the stop-loss order below the moving average and monitor the trade to determine if this strategy is to determine if this strategy is

[12:27] through demo trading or live trading. As you can see in the example here, we bought US dollars against the Canadian dollar and took profits immediately, which could earn

[12:39] us hundreds of dollars. Of course, this is a very simple strategy, but there is a more advanced strategy that I cover on my channel throughout 2025.

[12:52] I will be posting a video every week demonstrating the one-minute strategy, from beginner to advanced, as part of my 2025 mentorship program. Before I finish, I want to show you how to deposit funds with your broker. Use cryptocurrencies for deposits; you can deposit

[13:08] Bitcoin or Litecoin. I personally always deposit using Bitcoin. If you're wondering where to get Bitcoin, use KipTrade. The registration link is in the video description. Once the funds are deposited into my account, I can use my live trading account to

[13:24] my account, I can use my live trading account to make withdrawals. As you can see here, I have many withdrawals from KTrade, reaching hundreds of thousands of dollars. For example, thousands of dollars. For example, this withdrawal was for approximately $13,000. So,

[13:37] this is your guide to starting Forex trading as a beginner. If you have any questions, leave a comment. I'd love to hear your opinion. Don't forget to like and subscribe to the channel. You might have seen this video here. Join the VIP trading room

[13:53] or the free room. I will send you my trades. See you next week.