Trading Guides

Free forex trading guides covering the basics, risk management, technical analysis, grid trading, backtesting, and how to set up Expert Advisors on MT4 and MT5.

Reference guides for traders who want to understand what they are doing before they automate it. These are the evergreen explainers we maintain and update — forex fundamentals, position sizing and risk control, technical analysis, grid trading, backtesting methodology, broker and platform mechanics, and step-by-step Expert Advisor setup for MetaTrader 4 and 5. Day-to-day market commentary and EA release notes live on the blog instead; come back here when you need the underlying concept rather than today’s chart.

The four starting points below cover most of what a new trader needs. Everything after them goes one level deeper into a specific piece.

Foundations

Risk & Sizing

Analysis

Grid Trading

EA Setup

Broker & Platform

  • XM Broker Review — the broker behind our IB partnership, reviewed on its own merits
  • XM Deposit Guide — funding methods, processing times, and why $200 is the practical floor

New here? The four links at the top of this page are the fastest way in. Everything else is organized so you can jump straight to the piece you need — sizing, a specific EA, or the broker mechanics — without reading the rest in order.

Risk Warning: Trading foreign exchange (Forex) carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Past performance is not indicative of future results. Trading results shown on this website are hypothetical and do not guarantee future performance.