Forex Education & Trading Guides

A free forex education library: guides on trading basics, risk and lot sizing, technical analysis, grid trading, backtesting and MT4/MT5 Expert Advisor setup.

This is our free forex education library: reference guides for traders who want to understand what they are doing before they automate it. Around thirty evergreen explainers, maintained and dated rather than published once and abandoned, covering forex fundamentals, position sizing and risk control, technical analysis, grid trading, backtesting methodology, broker and platform mechanics, and step-by-step Expert Advisor setup for MetaTrader 4 and 5.

Two things shape how these are written. First, every guide states what a method cannot do alongside what it can — drawdown behaviour, failure conditions, the market regimes where a strategy stops working. Second, no figure appears without a label: backtested results are marked hypothetical and dated, arithmetic examples are marked illustrative, and we do not publish forecasts. Our editorial policy sets out the rules, and the performance page keeps a permanent record of every correction we have had to make to our own published numbers.

Day-to-day market commentary and EA release notes live on the blog instead. Come back here when you need the underlying concept rather than today’s chart.

Three Ways Through This Library

Reading in list order is not the fastest route. Pick the trail that matches where you actually are.

1. Complete beginner → your first trade. Concepts first, money last. What is forex tradingforex trading for beginnerslot sizes explainedrisk managementdemo account guidefirst trade checklist

2. You want to run an EA → doing it without blowing up. Understand the tool, then vet one, then install it. What is an Expert Advisorhow to choose a forex EA in 2026MT4 vs MT5 for EAshow to install an EAVPS for forex tradingour free EA lineup

3. You want to build or evaluate a strategy → testing it honestly. The path where most of the work is disproving your own idea. Technical analysis basicstypes of automated trading algorithmswhat is grid tradinggrid vs martingalehow to backtest a forex EAour backtest results and methodology

Foundations

Risk & Sizing

Analysis

Grid Trading

EA Setup

Broker & Platform

  • XM Broker Review — the broker behind our IB partnership, reviewed on its own merits
  • XM Deposit Guide — funding methods, processing times, and why $200 is the practical floor

New here? Pick one of the three trails at the top of this page and follow it end to end. Everything below is organized by topic instead, so you can also jump straight to the single piece you need — sizing, a specific EA, or the broker mechanics — without reading the rest in order.

Risk Warning: Trading foreign exchange (Forex) carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Past performance is not indicative of future results. Trading results shown on this website are hypothetical and do not guarantee future performance.