Online Free Trial Training For Forex Trading
Forex Trading can be an extremely exciting and lucrative career, with those who are very good at it making a lot of money both for themselves and their clients. You may not land the big bucks every day, but the skilled operators will be in profit far more times than not.
However, getting into the business is not easy. Like many roles, anyone taking you on will want to see proof that you can do the job. As ever, for those just starting the question is: “How can I get the experience if nobody gives me the chance?”
There are different solutions in each industry, from apprenticeships to internships, but sometimes a trial of your skills, combined with training, is what you need. This is especially so in an industry like Forex, where a lot of money is involved. Unless you can prove your skills, it will be too much of a risk to gamble cash on an unknown quantity.
Alongside that, there is the reality that Forex is quite technical. You can read up on all the theory and jargon (and there is a lot of it), but there is an extra layer of knowledge and understanding that only comes from experience of putting it into practice.
Take A Free Trial
However, we offer a solution, which comes in the form of our free trial training. This enables you both to get training and fine tune your skills, while also being able to show off what you can do, using a dummy account that doesn’t involve real money, so if things don’t work out nobody ends up facing a damaging loss.
First and foremost, the fact that it is a free trial means it won’t cost you anything. The worst that can happen is you spend the 14 days on the trial and it doesn’t go well, in which case you might conclude that Forex trading isn’t for you, or decide to learn from your mistakes, study more about Forex and come back to try again at a future date.
Over the two weeks, you will be able to use this trial account on simulated Forex markets, designed to operate just like the real thing.
These will enable you to deal with similar situations to real-life scenarios (like making trades based on assumptions about interest rate decisions and how they impact the value of currencies), or the myriad of tiny fluctuations that create opportunities for the accumulation of marginal gains that are involved in scalping.
How You Get Started
In the trial, you will start off with a nominal £100,000. You can choose between two types of accounts, these being the Match Trader and DX trade platforms. Either of these will work along the lines of our two-stop evaluation account, which is used in recruiting traders for real. Because it is a simulation account, you won’t be able to convert it into a real one.
The experience of undertaking this trial will be very enlightening. First and foremost, it will demonstrate whether you have the basic skills or not. You will also get a very clear idea of how good your understanding and knowledge of the markets is and, ultimately, if you have what it takes to be a success.
If things work out well, you will have the proof to demonstrate to any future prop firm partner, including us, that you have the skills to make a great success of trading. You will have taken the vital first step towards this.
While it’s not exactly the same as passing an exam to qualify you for the job (as this is not a role with formal qualification requirements), it does provide a means of showing you have what it takes.
What If It Doesn’t Go Well?
If the trial goes badly, you can at least gain an understanding of why. It could be that you will conclude that this is not the career for you and in doing so, you should not think of it as time wasted. Instead, it will have been a useful learning experience and one that cost you no money.
It may also help remove uncertainty from your career decision-making, not least because if any trials you have in other fields that prove much more successful, you will know more clearly that this is the job for you.
On the other hand, if things go quite well up to a point but not well enough, the answer to the question of whether you should be a Forex trader may not be “no”, but “not yet”. That could be very useful in helping show you what you need to do to achieve your goals.