Trading Academy
Free forex and trading lessons from scratch, in English and Arabic, in five levels that start with what to know before you decide whether to trade.
- 48 lessons
- 5 levels
- Free, no sign-up
What is ForexEF Academy?
ForexEF Academy is a free set of lessons for learning forex trading from scratch, in Arabic with English versions. It has 48 lessons in five levels: Before you start (7), Foundations (10), Reading the market (14), Risk and psychology (9) and Electives (8). You can read every lesson without an account or subscription, and many examples use riyals, dirhams and Riyadh and Dubai time. The content is educational, not investment advice.
All lessons are in English.
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Before you start
Before you decide whether to trade: what you are buying, who loses and why, who licenses brokers, and how to check a broker
Start lesson 1- 1What are you actually buying when you “trade forex”?13 min
- 2What share of people lose money, and why?11 min
- 3Is trading right for you?9 min
- 4Regulation in the Gulf: who licenses what11 min
- 5How to check a broker before you deposit8 min
- 6How to read a regulator’s register and a licence number8 min
- 7How to spot trading fraud before you transfer money9 min
The levels
Start with Level 0. The levels are numbered in reading order, and Level 4 is optional.
Foundations
What happens in your account on every trade: price, pips and lots, leverage and margin, orders and costs, timing and the platform, a demo account and a journal
Reading the market
What a chart shows and what it does not: candles, zones and trends, patterns and indicators, timeframes, rates and news, and what tests written before they were run found
Risk and psychology
How much to risk, how to measure results and when to stop: position size, R-multiples, drawdown, stop losses, biases, signals and prop firms, and the written plan
Electives
Specific products and methods, one lesson each: the carry trade, Elliott waves, robots, CFDs on indices, crypto, oil and Saudi shares, and a broker's financial statements
What you will find here
All lessons are free
No subscription and no fees; you don't need an account to read any lesson.
An ordered path from scratch
Level 0 covers what to know before you decide to trade; Level 3 ends with a written trading plan. Level 4 is optional.
Written for the Gulf
Calculations in riyals and dirhams, sessions in Riyadh and Dubai time, and regulation as Gulf regulators apply it.
Worked examples
Every lesson has a table or chart, and the lessons with numbers work them step by step.