Level 2 Trade the Forex Diploma, course + certification

Level 2 Trade the Forex Diploma, course + certification
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Understand the basics of Forex and start trading in one of the most exciting, fast-paced markets around. Forex is an acronym for Foreign Exchange and Forex Trading is trading currencies from different markets against each other. Forex trading used to be the preserve of large financial institutions, hedge funds and wealthy individuals but the internet has changed this and it is now possible for average investors to buy and sell currencies easily online.

Gain financial freedom in bite-sized chunks

The course is designed for beginners, so no experience in trading or the financial market is necessary. Through 20 comprehensive yet easy to understand modules, you will learn everything you need to know to start trading and making real money. Learn tried and tested techniques used by professional traders and you could soon be earning over £200 per day working part time from home. The course will take you from the basics of trading, such as what equipment you will need at home, through to the nitty gritty of trading methods, analysis, data and profits.

The flexible nature of the course means you can learn at your own pace depending on other commitments. At the end of each module there is a five question test to ensure that you have fully understood all of the training material. You must get at least three of these questions correct before you can progress onto the next module. The nature of online learning enables you to study anytime, anywhere at your convenience.

Key Learning Points

At the end of the course you will have learnt everything you need to know to start trading competently and confidently within the Forex market. Trading may seem complex, but our easy to follow, modular course makes it easy to learn and understand.

  • Learn the basics of the Forex market – how online trading systems have opened up markets, how you can begin trading with minimal capital outlay, how currencies are quoted by spread betting bookmakers and how online trading systems simplify the market for anyone to trade with minimal risk.
  • Explore the world of tax in relation to Forex trading. Discover the different applications of tax in traditional trading (shares) versus spread betting and the reasons why spread betting lets you retain 100% non-taxable profit.
  • Get to grips with the type of equipment you will need and how this will enhance your trading. Find out why two screens are better than one and the minimum software requirements necessary to trade online.
  • Take an in depth look at types of trades. Learn about buying or selling trades based on movements you predict the market will make, discover how to close out your trades to take your profit or cut your losses, find out the differences between intraday trades, rolling trades, margin trades and time sensitive trading.
  • Learn how to read your trading screen and collect the data and information you need to make accurate trading decisions. Successful Forex trading depends on compiling data to get a complete view of a country’s economic strength.
  • Gain an insight into the fascinating world of trading psychology. Discover the effect the mainstream media can have on financial markets, the snowball effect that occurs when papers down talk the market and politicians make statements and real world examples of logic and reasoning in action.
  • Get a thorough grounding in technical analysis and how this will help with trading. Discover the differences between technical, fundamental and advanced analysis and how they can give you a feel for market trends.
  • The end of the course deals with advanced aspects of Forex trading such as technical indicators, relative strength indicators, binary prices and the impact of factors such as unemployment figures on currency strength.

Advantages of this course

  • The course is designed for beginners, so no experience in finance or trading is necessary to get started.
  • Complete the end of course test and a detailed yet easy to understand course syllabus broken down into 20 manageable chunks that make learning easy.
  • Improve your career prospects with a verified certifiable qualification.
  • Learn at your own pace and fully understand each module before moving on.

Buy this course today and gain financial freedom with this fantastic course.

CAREER INFORMATION

Salary range chart

Foreign-Exchange Trader (United Kingdom)
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Career path Chart

Beginners to intermediates.
  • Why forex is the perfect vehicle for dealers and traders
  • How currencies are quoted by spread betting bookmakers
  • About base and counter currency quotes
  • How conflict affects currencies worldwide and why the US$ is the world's safest currency because of this aspect
Why trade at all? And why spread bet?
  • About profiting from the points movement on products
  • How online trading systems have opened up the formerly reserved markets for the wealthy, for anyone to use to generate wealth
  • How spread betting can be used to bet on increases or decreases
  • How traders can begin with minimum capital outlay
Setting Goals
  • The importance of goal setting
  • The tax aspect in traditional trading (shares) versus spread betting on points movements
  • How online trading systems simplify the market for anyone to begin trading with minimal risk
  • Why the market price quotes are to the four decimal places
Tax and the Inland Revenue
  • The reason why spread betting lets you retain 100% non-taxable profit
  • The major markets available to trade in
  • Why the list of derivatives are continuously increasing within markets
  • How wide the commodities markets are for traders
Equipment Required
  • About the equipment you need to trade
  • Why two screens are better than one
  • The costs involved in dealing shares and trades
  • The minimum software requirements to trade online
How It Works (Simple Deals Explained)
  • About buying or selling trades based on the movements you predict the market will take
  • Closing out your trades to take your profit or cut your losses
  • How to read price quotations
  • How to identify up to date market prices
Intraday Trades
  • What intraday trades are and their expiry
  • What future trades are, their expiry, and versatility
  • To understand the benefits of using future trades as opposed to intraday trades only
  • About using future trades to minimize risk to your capital
Rolling Trades
  • About the type of bet to place where you havent the time to monitor the markets
  • How rolling trades work
  • About time sensitive trading, demonstrating just how fast the markets move
  • How future trades work and despite trading on 3 month futures, how you can close the trade out for a quick profit
Stop Loss & Limit Setting
  • What stop losses are
  • Important recommendations on controlling losses
  • What margin trading is and why it is not recommended for beginners
  • When it may be best to limit your profit potential
Opening Demo & Real Accounts
  • Why it's essential to familiarise yourself with online trading systems using demo accounts
  • How to place trades online
  • The differences you will see in your trading account from the cash price to the real point difference when you close out the trade
  • About slippage, and why it's there despite it seeming unfair
Online Bookmakers
  • A short list of online bookmakers
  • An example of the screen layout you will need to get familiar with
  • The confirmation documents, either electronically delivered and stored, or sent via the post
  • What to do with all your documents relating to your online trading account
Data Collection
  • What to look for on your trading screen
  • The information you'll need to obtain to help you make accurate trading decisions
  • Compiling data to get a complete view of a country's economic strength (essential for forex trading)
  • When supply and demand is more important and the information to analyse
Simple Trading Methods
  • Bear and bull signals used in graphs
  • When no clear signals are visible, how profits can still be made by straddling the market. (One Cancels the Other trading - OCO)
  • How you can hedge your bets to offset losses when a trade goes wrong
  • Damage control techniques to use when the market moves against you
Trading Psychology
  • The effect mainstream media can have on financial markets
  • The snowball effect that happens when papers down-talk markets and the chancellors announcements
  • The psychology you need to put the trading recommendations in place successfully
  • The behavioural traits of reptiles
Reading the Signals
  • How to interpret charts and know the type of trade to place based on chart analysis
  • To understand what momentum is and how to use it with different trading methods
  • How to interpret baselines and ceilings as indicators to bet up or to bet down on your chosen products
  • How the signals always remain the same whether you're trading short-term or long-term
Arbitrage
  • What arbitrage is
  • How to spot the profit potential between different price points
  • Why the opportunities for these types of trades are rare
  • If you do manage to get the trade in place, you'll learn how you can have a built in profit guaranteed
Technical Analysis
  • The definitions of technical and fundamental analysis
  • Demonstration charts showing the data collected and explaining how to interpret the data
  • Information that can be taken from chart analysis of both types
  • Where to find sufficiently reliable data for fundamental analysis
Charts for Advanced Analysis
  • How to interpret candlestick charts and how their visual impact can give you a feel for market trends fast
  • Interpretation of the simplest line chart
  • How to quickly spot bull or bear trends within charts
  • The three elements contained within bar charts
Technical Indicators
  • How to understand technical indicators
  • About using relative strength indicators/index (RSI)
  • Working examples of creating an RSI
  • When products are overbought or oversold.
Useful Information & Binary Trading
  • The types of data that can drive a market trend
  • How a countries unemployment figures can dictate how strong their currency is
  • How binary prices are quoted by online bookmakers
  • How you can benefit with more control over potential losses (ideal for the cautious trader)
Course Code
EC112288
Type
Online Course
Course Access
1 Year
Exams Included
No
Certification
Yes
Processor
1 gigahertz (GHz)
RAM
1 GB
Operating Systems
Windows 7
Windows 8
iOS
Browsers
Internet Explorer 8 or above
Google Chrome
Safari 8
Mozilla Firefox
Windows, Mac, iPhone, iPad
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