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Learn How to. Trade in. Ten Minutes

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www.NEwTRADEFX.COM

Learn How to

Trade

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Warning about

High-Risk Investments

Foreign Exchange (Forex) and Contracts for Differences (CFDs) are extremely speculative markets. This means that they have a high risk level and, therefore, might not suit all investors. Before you undertake any transactions in these markets, you might want to consider your level of trading experience, what you hope to achieve from trading and how much you are willing to risk. It is possible that you might lose everything you have invested. Because of this, NewTradeFx does not recommend that you speculate funds that you cannot afford to lose, either in part or total. If you are not an experienced trader, you should make yourself aware of all the risks associated with trading and, if you have any doubts about risking your capital, you should contact an independent financial advisor for advice.

Any trading ideas, market reports or other information provided by NewTradeFx are intended for you to formulate your own trading decisions. Such information can in no way be construed as advice. NewTradeFx makes no guarantee as to the accuracy or completeness of any information provided and takes no responsibility for any loss of profit, which might occur as a result of relying on such information.

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What is the Forex

Market?

Forex, or sometimes FX, is basically shorthand for Foreign Exchange. The Forex market operates 24 hours a day on a global scale and is a marketplace where world currencies are traded. With over 4 trillion USD being traded on a daily basis, Forex is the largest market in the world.

Learn How to Trade!

NewTradeFx’s ‘Learn How to Trade in Ten Minutes’ e-book is designed to give you all the information you need to begin trading in ten minutes. Using this simple guide, you will learn the fundamentals of how to trade on the Forex market and how to become a successful trader.

Carry on reading to learn how NewTradeFx can help you take your first steps onto the Forex market.

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You can trade

whenever you want

because Forex operates 24 hours a day

Forex is one of the most flexible markets available. In other markets, such as the stock exchange, you need to wait for the market to be ripe before you can make a transaction. Forex enables you to make transactions at any time, no matter what the market’s doing. You will always be able to profit from current market conditions, basing your investments on which currencies are going up and which are going down.

Forex is one of the most transparent markets. The critical information you need about the market to make transactions is available to everyone. Forex is a level playing field where everyone has access to the same essential data.

Why should I be

interested in Forex?

The Forex market is one of the most reliable and rewarding trading places in the world. Because Forex is so big, one institution or country group cannot control it. This means that you can rest easy in the knowledge that you will be getting the fairest prices on the market.

Start Trading!

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The price at which you sell the base currency is called the Bid Price and the price at which you buy the secondary currency is called the Ask Price. At NewTradeFx, we pride ourselves on offering one of the widest ranges of currency pairs in today’s market. Our traders also benefit from the opportunity to trade using a vast array of financial instruments, from commodities such as crude oil, silver and gold to trade indices offering stocks in some of the leading world companies such as Apple, Sony and Microsoft.

It’s often wise to base decisions on which currency pairs to trade using your knowledge of world events. Let’s look at an example.

You’ve just heard on the news that the unemployment rate in the United States has reduced drastically. At the same time, you learn that the amount of unemployed in Eurozone countries, such as Spain and Italy, has increased significantly. This would suggest that the USD is getting stronger and that the EUR is getting weaker. What would be the best course of action for a Forex trader in this scenario? If you believe that the USD is strengthening against the EUR, you would be best advised to sell EUR, which is your base currency.

How do I Trade on

the Forex Market?

Currency Pairs

World currencies are traded in pairs on the Forex market. Whenever you make a transaction you buy and sell a pair of currencies at the same time. This might sound confusing, but just think about the last time you went on vacation abroad. You probably exchanged currency at a bureau de change. Forex works in exactly the same way: you sell one currency while buying another. Nothing could be simpler!

a Closer Look

Let’s take a closer look at how to go about it. We’ll take the following currency pair as our example: EUR/USD. The currency on the left, EUR in our case, is referred to as the Base Currency. The currency on the right, USD

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If it seems likely that the value of the EUR will fall against the USD, and the USD looks as if it will be worth more, then the best course of action is to Bid (sell) EUR/USD.

When you decide to Bid, you are selling your base currency and buying your secondary currency. In our example, you would be selling Euros and buying US Dollars.

If it seems likely that the value of the EUR will rise against the USD, and the EUR looks as if it will be worth more, then the best course of action is to Ask (buy) EUR/USD.

When you decide to Ask, you are buying your base currency and selling your secondary currency. In our example, you would be buying Euros and selling US Dollars.

What are my

options?

When trading currency pairs you will always have the two following options:

Option 1

Bid (selling

a currency)

Option 2

ask (buying

a currency)

r

Start Trading!

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What is Leverage and

how do I use it?

Leverage is a mechanism used to multiply your investments. If you were dealing solely with the small amounts mentioned in the previous example, you would never see much profit.

At NewTradeFx we are proud to offer our traders a highly competitive leverage ratio of 1:200. NewTradeFx traders need as little as $100 to make a trade of $20,000 on the Forex market. Our leverage amount means that your risks are minimized while your profits are maximized.

As a responsible online stock broker, NewTradeFx offers you a range of leverage ratios to ensure that you’re able to set the investment limits that are right for you. We want you to begin, and continue, your trading career in a safe environment, with a minimum of risk.

What does Pip mean?

Pip (price interest point) is the term used on the Forex to describe the process of tracking wins and losses. A pip measures the amount of change in the exchange rate for a currency pair. Let’s look at another example to make things clearer.

At the moment, our currency pair EUR/USD is at 1.3871. This basically means that our base currency, EUR, currently has a value of about $1.38.

If the Euro rises by one from 1.3871 to 1.3872 (one ten thousandth), we say that the value of the Euro to the US Dollar has risen by one pip.

1.3871 to 1.3872 = a rise of 1 pip

We can therefore say that a pip is the smallest measure of a currency. The pip is always the last number after the decimal point (normally four places after the decimal point).

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the EUR/USD currency pair is quoted at 1.3875.

It turns out that your piece of information was reliable and the Euro rose against the US Dollar. You earned 4 pips on your trade. Well done!

As we know, a single pip is 0.0001 and you bought 0.01 Lots (1,000 units of your base currency, EUR), using a leverage ratio of 1:200.

NewTradeFx always has its clients’ best interests at heart. Therefore, we never charge fees or commission on trades. Why not open an account with NewTradeFx today and experience what one of the market-leading Forex companies has to offer?

What are Lots and

what do they mean

for me?

All currencies on the Forex market are traded in units of measurement known as Lots. 100,000 units of the base currency makes up one Lot. At NewTradeFx we pride ourselves on offering our traders smaller measures, such as 0.01 Lot (1,000 units of the base currency).

If all this seems too much to take in, why don’t we have a look at another example and try to make sense of everything?

You’ve read a piece of information that suggests the Euro will rise in value, so you start buying Euros and selling US Dollars. You open a trade of 0.01 Lot, with the currency pair EUR/USD quoted at 1.3871.

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stop Loss Order

A Stop Loss Order is a powerful weapon in the arsenal of a Forex trader. It enables you to stipulate, in advance, the maximum amount you are willing to risk on a trade. You don’t have to be constantly logged into the trading platform to check market rates. Your Stop Loss Order means that your trade will be closed as soon as the traded currency goes below a certain market rate. Maximum convenience, minimum risk for you.

Take Profit Order

Geared to help you manage your risk, a Take Profit Order enables you to take your profits automatically when the Forex market reaches a predetermined level. With a Take Profit Order, you can rest assured that you’re protected from any sudden reduction in the price of your traded currency. You don’t even have to be logged into the trading platform.

How can I always

stay on top of my

trades?

NewTradeFx offers cutting-edge online platforms to its clients. These trading platforms offer in-built tools designed to minimize your risks when trading.

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always have the latest information on the Forex market.

Personalized coaching in trading strategies from an experienced Forex professional.

Market-leading trading platforms designed to provide the optimal trading experience for beginner and expert traders alike.

Customer support in the language of your choice, 24 hours a day, 7 days a week.

Where can I learn

more about the

Forex market?

NewTradeFx places a multitude of user-friendly resources at your fingertips to make sure your trades are successful from day one.

A demo account that offers you the opportunity to hone your trading skills with $100,000 of virtual money.

A learning center packed with tutorials, e-books, trading platform tours and a lot more.

Webinars led by experienced NewTradeFx professionals, offering training geared to novice traders.

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Why choose

NewTradeFx to

trade on the Forex

market?

NewTradeFx prides itself on providing the optimum trading experience to its clients. Just look at the wealth of features offered below.

instant access

Trade from any one of your internet-connected devices, anywhere in the world. Move seamlessly between your desktop computer, laptop, tablet or mobile.

wealth of Currencies

Trade with an unparalleled range of currency pairs. We currently offer up to 30 pairs for you to trade.

Leverage up to 1:200

Maximize your profit while minimizing your risk.

Unbeatable Spreads – Rest assured that you are receiving some of the best rates on today’s market.

Multilingual

Boost your profit using our powerful platforms that allow you to trade in the language of your choice.

Commission and Fee Free

Benefit from our pledge that you will never have to pay a fee or commission.

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How can I begin

trading with

NewTradeFx?

It’s quick and easy to open an account with NewTraderFx. Click on the link below to choose from one of our user-friendly accounts.

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Learn How to

Trade!

NewTradeFx’s ‘Learn How to Trade in Ten Minutes’ e-book is designed to give you all the information you need to begin trading in ten minutes. Using this simple guide, you will learn the fundamentals of how to trade on the Forex market and how to become a successful trader.

Carry on reading to learn how NewTradeFx can help you take your first steps onto the Forex market.

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For more information pleas visit

www.newtradefx.com

Contact US

E-mail: support@newtradefx.com

Tel: +44 203734192

References

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