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Clear explanations of broker selection, trading platforms, fees and risk. Start with the essentials, then explore the questions that matter to you.

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How to Choose the Best Forex Broker in 2025

The original selection guide: key factors to consider, including regulation, spreads, platforms and more. Read historical examples in the context of today's checks.

March 5, 2025  ·  Broker selection
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Build your knowledge, one topic at a time.

An organised learning library for the decisions ahead.

Platforms
MT4 vs MT5: which platform fits your needs?

Understand the tools, order types and questions to ask before choosing.

8 min readIntermediate
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Account types
What is a Forex Islamic Account?

A practical introduction to swap-free trading and the terms to check.

6 min readBeginner
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Costs & fees
Spreads, commissions and the true cost of a trade

Learn to compare account pricing on equivalent terms, not headline numbers.

7 min readBeginner
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Risk & safety
Leverage and margin: understand the exposure

See how margin requirements and leveraged losses work before placing a trade.

9 min readBeginner
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Broker selection
How to check a broker's legal entity

Find the right documents and navigate an official regulatory register.

5 min readAll levels
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Getting started
Make the most of a demo account

Build a platform checklist without treating practice results as a promise.

6 min readBeginner
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Getting started
What is a pip? How to calculate pip value

Pip value formulas and worked examples for majors and yen pairs.

6 min readBeginner
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Tools
Forex calculators

Pip value, position size, margin, profit, drawdown recovery and compound growth in one place.

6 calculatorsAll levels
Open tools →
Risk & safety
How to calculate position size in forex

Size every trade so a loss stays a fixed share of your account.

7 min readBeginner
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Getting started
Forex trading hours and sessions

When each session opens, when liquidity peaks and when spreads widen.

5 min readBeginner
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Broker selection
ECN vs market maker brokers

How execution models differ and what to check in the documents.

7 min readIntermediate
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Risk & safety
Negative balance protection explained

Who gets it, who does not, and what happens when prices gap.

5 min readAll levels
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Account types
Forex vs CFDs: what is the difference?

Spot forex, rolling spot and CFDs compared, and why it matters.

6 min readBeginner
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Broker selection
Forex trading in the US: the rules to know

CFTC and NFA rules on leverage, hedging and registered dealers.

7 min readAll levels
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Getting started
How to open a forex trading account

The application, ID checks and first deposit, step by step.

6 min readBeginner
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Getting started
Forex trading for beginners: how it works

Currency pairs, costs, leverage and risk explained from the ground up.

10 min readBeginner
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Getting started
Major, minor and exotic currency pairs

How pairs are quoted and why the pair you trade changes your costs.

6 min readBeginner
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Platforms
Forex order types explained

Market, limit, stop, stop-limit and trailing stops, with examples.

6 min readBeginner
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Costs & fees
Forex swap rates and rollover explained

What you pay or earn for holding positions overnight.

6 min readIntermediate
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Risk & safety
Forex risk management: the essentials

Stop-losses, risk per trade, risk-reward and drawdown limits.

8 min readAll levels
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Risk & safety
How to spot a forex scam

The warning signs of fake brokers, clone firms and signal schemes.

7 min readAll levels
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Broker selection
How to withdraw money from a forex broker

Methods, timings, fees and what to do if a withdrawal stalls.

6 min readAll levels
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Broker selection
How forex brokers make money

Spreads, commissions, swaps, fees and client losses explained.

6 min readIntermediate
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Trading skills
How to use a forex economic calendar

Which releases move currencies and how to trade around them safely.

7 min readIntermediate
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Trading skills
The best time to trade forex

Sessions, overlaps and the hours when spreads are tightest.

6 min readBeginner
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Trading skills
Technical vs fundamental analysis in forex

What each approach looks at and how traders combine them.

7 min readBeginner
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Trading styles
Forex copy trading: how it works and the risks

Copying other traders, the fees involved and what to check first.

7 min readIntermediate
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UK traders
Spread betting in the UK: a forex trader's guide

How stakes per point work, tax treatment and how it compares with CFDs.

7 min readIntermediate
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Risk management
Stop-loss strategies for forex traders

Fixed, volatility-based, structure-based and trailing stops compared.

7 min readIntermediate
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Regulation
UK forex leverage limits explained

What the FCA rules say for retail traders, and what changes for pros.

6 min readIntermediate
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Trading basics
Forex lot sizes: standard, mini, micro and nano

How lot sizes work, what a pip is worth on each and how to choose one.

6 min readBeginner
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Trading skills
Forex trading strategies: scalping, day, swing and position

The four main trading styles compared on time, cost and risk.

8 min readBeginner
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Technical analysis
Forex indicators explained: moving averages, RSI, MACD and more

What the most-used indicators measure and how traders combine them.

9 min readIntermediate
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Technical analysis
Candlestick patterns every forex trader should know

How to read a candle and the reversal and continuation patterns to know.

8 min readBeginner
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Technical analysis
Support and resistance in forex: finding and using levels

Where price tends to stall, why, and how traders plan trades around it.

7 min readBeginner
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Technical analysis
Fibonacci retracement in forex: how traders use it

The key ratios, how to draw them and the limits of the tool.

6 min readIntermediate
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Trading skills
The forex carry trade: how it works and the risks

Earning the interest-rate gap between currencies, and why it can unwind fast.

7 min readIntermediate
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Costs & execution
Slippage in forex: why orders fill at a different price

What causes slippage, which orders it affects and how to limit it.

6 min readIntermediate
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Trading skills
How to keep a forex trading journal

What to record on every trade and how to review it to improve.

6 min readBeginner
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Getting started
How much money do you need to start trading forex?

Minimum deposits, realistic balances and how risk per trade sets the number.

7 min readBeginner
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A practical starting point

New to forex? Follow the essentials.

Four topics to understand before researching a live account. Learning reduces uncertainty; it does not remove trading risk.

Explore beginner guides
01
Understand the market
Currency pairs, orders and market hours
02
Understand the risk
Leverage, margin and possible losses
03
Evaluate a broker
Entity checks, fees and account terms
04
Test the experience
Use a demo and keep a checklist

A little less jargon.

Key terms, in plain language.

Explore the forex glossary →
Spread

The difference between the buy and sell price.

Margin

The funds required to maintain an open position.

Leverage

Exposure that can exceed the funds you commit.

Swap

An overnight financing debit or credit.

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