New traders should begin with a strong foundation in market mechanics, currency pairs (Majors like EUR/USD are recommended for their high liquidity), and terminology such as pips, spreads, and leverage.
: Most reputable brokers, like Saxo Bank, FOREX.com, and Fusion Markets , offer free demo accounts. These allow beginners to practice opening positions and using software like MetaTrader 4 (MT4) or MT5 with virtual funds. Market Analysis : New traders should begin with a strong foundation
AI responses may include mistakes. For financial advice, consult a professional. Learn more How to start forex trading - Saxo Bank and terminology such as pips