TradeSense is our free, six-module guide for anyone aiming to learn more about trading OTC Forex, and is available to all IG Markets clients.
As a member of the TradeSense program you are entitled to place smaller trades online than our minimum deal sizes, allowing you to gradually build up your stakes as you become more proficient and self-assured in Forex trading.
The Course
| Course Week | Min. online deal size (% of contract size) |
Topics |
|---|---|---|
| 1-2 |  |
Fundamentals of Forex trading Dealing online |
| 3-4 |  |
Using orders to trade Leverage & margin |
| 5-6 |  |
Attitude to risk Trading discipline |
Make sense of Forex trading
Our specialized education package walks you through the basics of Forex trading, with free modules available for download as PDFs on the following topics:
Module 1: The basics
This module covers the fundamentals of the Forex market, giving a number of examples on how trades work and the advantages of using this type of trading.
Module 2: Dealing online
The second module explains how to place a trade online and create your own price lists, along with other basic features of our PureDeal platform.
Module 3: Using orders to trade
This installment details how to use Stop and Limit orders to place trades, how they can be used to open and close positions, and the differences between Guaranteed and non-guaranteed Stops.
Module 4: Leverage and margin
Module four compares OTC Forex with non-geared investments and explains leverage and gearing, along with examples of how margin calls work.
Module 5: Attitude to risk
The fifth module focuses on different types of investment and their related risks, as well as risk management and its use in trading OTC Forex.
Module 6: Trading discipline
The final module in the course outlines the important role of discipline as a trading tool, various strategies, and some general tips and pointers.