The Ultimate Online Forex Trading Course for Beginners

Frequently Asked Questions…

• Who can take the course?

  Anyone who is interested in learning how to trade from home is encouraged to take the course. There is no age limit for the course.

• What is the structure of the course?

  The course is broken down in to 20 individual modules. Each module takes between 15 and 20 minutes on average to study. Although you are free to spend as much or as little time as you feel necessary on each module, simply log in and out of the course at your convenience.

  At the end of each module there is a 5 question test to ensure that you have fully understood all of the training material included within. You must get at least 3/5 of the questions on the test correct before you can progress to the next module.

• Where/ when can I study the course?

  You can study the course any time you like. Simply log in and out of the web based course as often as you require. The course is compatible with all computers, tablet devices and smart phones so you can even study while on the move!

• Is there an end of course test?

  Once you have completed all 20 modules there is a 50 multiple choice question test. The questions will be on a range of topics found within the 20 modules. The test, like the course, is online and can be taken a time and location of your choosing.

• What is the pass mark for the final test?

  The pass mark for the test is 70% (35/50)

• How can I pay?

  We use Paypal for all payments on the site. You can either use your Visa, MasterCard ,American Express, Solo cards or PayPal account to pay for the online course. At no point during the transaction (or afterwards) do we get to see any of your payment details – they are all handles securely by PayPal.

  We also accept bank transfer and cheque payments. Please contact us for more information about these payment methods.

• Is my payment secure?

  As previously mentioned your payment is totally secure. We don’t get to see your payment details

• How long after payment can I start the course?

  You can begin the course immediately after your payment has been received.

  You should receive an email with your log in details as soon as your payment has been accepted. If you don’t get this email please check your junk folder, failing that please contact us for further assistance.

• I have never traded before, can I learn this and make money?

  Yes, this is a simple course designed with the new person in mind. We have students from housewives to building workers, IT consultants to doctors and lawyers. In fact anyone can learn these simple methods.

• How much money do I need to open a trading account?

  You can open a Trading account with as little as £50 – £100

• Can I limit any losses?

  By using “Stop Loss” orders you can limit any losing trades to a minimum.

• What is the most I can make in a day?

  Interesting question… It all depends on how much you are willing to risk. For instance, If you are trading at £10 per point and you trade on a high range day (ie. Non farm payroll day), you could capture 50 or even 100+ points. 100 points @ £10 per point = £1000. However, there is nothing stopping you from trading £50 or even £100 per point (except your trading balance) So at £100 per point, a 100 point range would net you £10,000 TAX FREE. So as you can see, you are only limited to the amount of funds you have in your trading account and the amount of risk you are willing to take.

• What does it mean when you say you can make money if the market goes UP or DOWN?

  In Spread Trading, it is basically a 2 horse race. The currency, or stock is either going to go up or it is going to go down. Therefore, all we have to decide is – Are we going to bet UP or DOWN. If you think it will go down, you place a DOWN trade and if you think the market is going to go UP, you place an UP trade. The thing to note is that if the trade goes in the opposite direction to the way you had placed a trade, You will lose the same amount that you would have won + the 3-5 point spread from the spread trading company.

• What is a spread?

  The spread is usually 3-5 points that the Spread Trading company keep, regardless of if you win or lose a trade. There are 2 prices quoted for any spread betting transaction, the BUY and the SELL price. The difference is the spread and this now replaces the “brokers fee” In the past, every transaction, incurred a brokers fee.

• Are the online trading companies safe to deal with?

  Most companies are authorised and regulated by the Financial Services Authority (FSA). So the short answer is yes.

• Can I do this part-time?

  I would say that most traders are part time, the only full time traders work in the City at the large Financial Trading Companies. Because the FOREX currency market is open 24 has a day, you can basically trade in the few hours you have available… Even at 3am if you are a night owl. However, it is also fair to say that there are specific times in the day or evening when it is a better time to trade. 7am – 10am is great for us in the UK. and for the Night Owls 11pm is when the markets are opening in Australia and Tokyo.

• I have children or I am working all day, can I still do this business?

  The short answer is yes, but I would suggest it be better to actually trade whilst the children are at school or tucked up in bed for the night.

• Does this course teach me to trade in the Currency market (Forex), the indices (FTSE100), Commodities and Stocks?

  We teach you techniques that can be used in ALL the markets. Currencies (Forex), Indices like the FTSE100 and the stocks.

• Is it hard work or do I need technical knowledge?

  This is definitely not hard work and no technical knowledge is required. However, to be successful means you do have to follow the rules and methods that work. If you can learn basic computer skills (if you are reading this then we assume you can do that) then you can learn the skills to trade.

  We suggest you subscribe to our FREE Trading Tips and Newsletter so you can learn little tips as you progress in your new life.

• Can I really earn £200+ per day?

  In one of our Trading tips we cover a technique called “scalping”. This is a simple method to make £200+ per day by only aiming for 10 points @ £10 per point twice a day. The GBP/USD average daily range is 140 points per day. Depending on your risk level, you could make much more….

• How long will it take me to start trading and earning money?

  To start demo trading, we suggest a few days or after you have read the course at least once. We also suggest you start trading with a DEMO account. A Demo account is FREE and they give you £10,000 in “play money” to try out your skills.

  When you start making money in your DEMO account, that is the time to start trading with REAL money. Some people are trading with real money within the first week but we would suggest at least 30 days. We also know of people that have got their DEMO account up to £50,000+ and are still not trading with real money yet. It is really up to the individual and how confident they feel.

• What is the smallest amount that I can trade in?

  Once you open a real money account, you can trade from as little as 0.50p or £1 per point. So a simple trade @ £1 per point and lets assume your trade went in your favour to 15 points, you would have made £15 (less the 4 point spread) = £11 profit.