Forexology is the official educational portal of FxPro.
Forexology offers free educational resources and trading courses aimed at beginner and advanced traders alike, as well as at those interested in participating in the forex market. Our purpose is to provide traders with everything that they may need in order to access the market and develop their trading style and strategies.
Our Forex Education section provides a comprehensive introduction to forex trading. It is primarily aimed at beginners, although more advanced traders can consult this section to brush up their forex education. This section includes a general overview of the market and its participants, courses on the pre-basics and basics of trading, and advice on how to choose the right broker.
Our sections on Technical Analysis, Fundamental Analysis and Trading Psychology are aimed at intermediate- and advanced-level traders who wish to expand on their knowledge of the market. Our collection of articles is frequently updated and includes in-depth analysis of trading strategies and techniques.
Our blog is updated on a daily basis with market outlooks straight from the FxPro team of analysts. Our Webinars section, as well as our Additional Resources provide traders with further help, tools and commentaries on the market.
You can search our Glossary for any forex term you’re unsure about, be it an abbreviation of a technical indicator or a currency code.
If you have a question about Forexology or want to contact our team, send us an email at [email protected].
The GBP/USD pair is widely referred to as “cable”. The term dates back to the 19th century, during which the exchange rate between the U.S. dollar and the British Pound was transmitted across the Atlantic via a huge cable that ran across the ocean floor and connected the two countries.
Word of the day
"Abandoned Baby" - A formation on a candlestick chart indicating reversal.
pip value in quote currency = pip in decimal places X trade size