Beginner Education
Learn to Trade the Global Markets
Everything a beginner needs to understand forex, commodities and crypto — written in plain English.
Commodities & Metals Trading
Crypto Trading Basics
How to Get Started
- Open a demo account and practice with virtual money.
- Learn the basics of charts, timeframes and order types.
- Fund a live account with an amount you can afford to lose.
- Start small — risk no more than 1–2% per trade.
- Keep a trading journal to track and improve.
Trading Glossary
Pip
The smallest standard price move in a currency pair — usually 0.0001 (or 0.01 for JPY pairs).
Spread
The difference between the bid and ask price. Lower spreads mean lower trading costs.
Leverage
Borrowed capital that lets you control a larger position with a small deposit. E.g. 1:100 leverage.
Lot Size
A standardized contract size. 1 standard lot = 100,000 units of the base currency.
Margin
The deposit required to open a leveraged trade — a fraction of the total position size.
Liquidity
How easily an asset can be bought or sold without significantly affecting its price. EUR/USD is highly liquid — tight spreads, instant fills, little slippage; exotic pairs and low-volume crypto are not.
Volatility
How much and how quickly price moves over a given period. Gold and GBP/JPY are high-volatility; it drives stop distance, position size and risk, and spikes around high-impact news.
Stop Loss
An order that automatically closes a losing trade at a preset price to limit risk.
Take Profit
An order that closes a trade automatically at a preset profit target.
Bull / Bear
Bull markets rise, bear markets fall. A bullish trader expects prices to go up.
Trade Forex, Metals & Crypto with Exness
Ultra-low spreads from 0.0 pips, instant withdrawals, no deposit fees. Regulated across multiple jurisdictions.
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