Forex Trading 101 Free ⏱ 15 min read

Currency Pairs, Pips, and Lots Explained

Majors, minors, exotics — understand how pairs are quoted, what a pip is worth, and lot sizing.

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What you'll learn in this lesson:

This lesson covers the core concepts outlined above. Each topic is explained with practical examples, real market scenarios, and actionable steps you can apply immediately.

← What Is Forex and How Does It Work? Next: Leverage and Margin — The Double-Edged Sword →

All lessons in Forex Trading 101

1. What Is Forex and How Does It Work? Free

2. ▶ Currency Pairs, Pips, and Lots Explained Free

3. Leverage and Margin — The Double-Edged Sword Free

4. Order Types: Market, Limit, Stop, and Beyond Free Account 🔒

5. Trading Sessions and Volatility Windows Free Account 🔒

6. Reading Price Charts Like a Professional Free Account 🔒

7. Risk Management: The Only Edge You Need Pro 🔒

8. Placing Your First Trade — Step by Step Pro 🔒