Forex Trading For Beginners PDF 2025
For this list, we have searched and tested several forex trading platforms offering services suitable for beginner traders.
We opened real accounts and deposited between $4,000 and $8,000 with each of the brokers. We placed real trades in each popular market to get the real spreads.
We also reached out to customer support to solve issues that we hd encountered. Finally, we withdrew our funds to see if there is any issue with the withdrawal process.
We handpick the best forex trading platforms for beginners based on our trading data and experience as a trader.
What is Forex Trading?
Forex trading means buying and selling foreign exchanges for the purpose of making profits. Though the trading industry was mostly focused on expert traders, many first-time traders are jumping into the field of trading.
Retail brokers offer currency pairs, which the traders can buy or sell to make profits in the process. There are two primary ways forex traders make money:
- Taking profit from the change in the exchange rate
- Making profits (or losses) from the interest rates differentials of two currencies
Beginners in Forex Trading?
But, forex trading is not easy. It takes years of experience to understand the markets and psychology of other traders. Traders need to have a deep understanding of the trading strategies as well.
Beginner traders have entered the trading market in recent years, and the trend is on the rise. But, If these traders indulge in trading without having proper knowledge, they will end up losing money in the markets.
In fact, the majority of retail traders lose money in trading, and many regulators have made it mandatory for the brokers to display the risk warnings mentioning the percentage of brokers losing money in trading.
For brokers, however, a growing number of beginner traders means more business. To retain this inexperienced client base, Brokers have started to offer many beginner-friendly services.
Some of the areas where the brokers are focusing more to attract beginner traders are:
- User-friendly trading platform interface
- Excellent educational material
- Low trading fees
- Transparent services
- Excellent customer service
- The offering of a demo account
Out of all the focused areas, educational resources offered by the brokers are the most important to getting beginner traders started. Forex brokers have now started to offer detailed education for both beginner and advanced levels to traders with:
Newbie traders also need to master the craft of trading, so the offering of a demo account has also become normal, see best demo accounts apps.
Learn forex trading pdf
PDFs (Portable Document Formats) are one of the most popular document types used for learning forex trading. PDFs are widely used and compatible with every operating system since they are not restricted to specific software.
Many forex brokers offer PDFs as one of the options of educational resources. Some of the most popular trading topics for PDFs are:
- Forex Trading Tips for Beginners Who Want to Earn PDF
- Forex Leverage for Beginners PDF
- Advanced Forex Trading Strategies PDF
- Trading Forex on MT4 and MT5 PDF
Here are the pros and cons of PDFs:
Pros | Cons |
🔐 Secure | 📝 Unable to Edit |
💽 Portable | 📁 Layout Limit |
📖 Easy to Read | 📊 Not Suitable for SEO |
📚 Small File Size | 🖼️ Poor Photo Quality |
Best Brokers Forex for beginners PDF
To select the Best forex broker for Beginners with PDF materials and trading platforms suitable for beginners, we tested and reviewed several forex brokers. We opened live accounts and deposited real money with each broker and check the education conditions of Trading PDFs.
- XM – Best Platform CFD trading for beginners pdf
- RoboMarkets – Best MT5 Forex trading pdf Broker
- Capital.com – Best Forex Trading Guide for Beginners PDF
- CMC Markets – Best Demo Account for Forex Trading
Best Platform CFD trading for beginners pdf
We have picked XM as the best forex broker for beginners with edycation PDFs for CFD Trading.
XM is one of the best brokers for beginners to start with for both trading and other additional services. It is a well-regulated broker and is licensed in the UK, Cyprus, Australia, UAE and Belize. The offerings of the broker include forex and CFDs of indices, stocks and commodities.
When it comes to educational resources, XM’s offerings are excellent. It offers in-depth guides and video tutorials on financial markets and trading strategies. The broker also conducts around 40 webinars each week in different languages for its client base around the globe.
XM offers trading services on MT4 and MT5 and also provides a demo account.
Best MT5 Forex Trading pdf Broker
We have picked RoboMarkets as the best tutorials on forex trading MT5 Broker.
RoboMarkets (also RoboForex) is one of the few brokers that offers an excellent library of PDF and video tutorials covering the forex markets and trading techniques. It offers services on three platforms: MT4, MT5 and R Trader.
Though initially known for offering trading services with currency pairs, the platform was rebranded to RoboMarkets after the addition of other markets like indices, stocks, and commodities.
Best Forex Trading Guide for Beginners PDF
We have picked Capital.com as the best guide on forex trading .
Text-based guides are still favorites of many learners and Capital.com offers the best such guides for learning forex and CFDs trading. The broker offers separate guides for each market – forex, CFDs, spread betting, and others – and covers topics from very basics to the most advanced levels. It also provides in-depth guides on the trading strategies and market psychology, also has a glossary page to make the newbies understand the market lingo.
Capital.com is also excellent when it comes to offering trading services. It lists around 3,720 instruments of forex, indices, stocks, commodities and cryptocurrencies, and is regulated in the UK, Cyprus and Belarus.
Best Forex Trading Demo Account Beginner
We have picked CMC Markets as the best demo account for forex trading and PDF education resources.
The demo account has become necessary not only for beginner traders but also for exerts. While beginners can brush up their trading skills without risking real money, experts use these accounts to test new strategies.
Though almost all the brokers offer demo accounts, we picked CMC Markets mostly because of its wide range of trading services offering. CMC lists more than 10,000 financial instruments covering markets like forex, indices, stocks, commodities and cryptocurrencies. The broker offers two trading platforms MT4 and proprietary Next Generation Platform.
On its demo account, CMC allows paper trading on CFDs markets with £10,000 of virtual funds. Traders can analyze the markets using indicators on live charts and execute trades without risking any real money.
Forex Trading Platform for Beginners List
Apart from the shortlisted brokers, here is a complete list of forex brokers that offers excellent services to beginners along with PDF books and materials, which we have tested and reviewed.
Forex Broker | Test Details | Broker Review |
---|---|---|
FxPro | Deposit Amount: Over €5,000 Total Trade: 15 trades | FxPro Review |
Admiral Markets | Deposit Amount: Over €4,500 Total Trade: 12 trades | Admiral Markets Review |
BlackBull Markets | Deposit Amount: Over €4,000 Total Trade: 12 trades | BlackBull Markets Review |
GO Markets | Deposit Amount: Over €4,500 Total Trade: 12 trades | Go Markets Review |
ActivTrades | Deposit Amount: Over €5,000 Total Trade: 12 trades | ActivTrades Review |
XM | Deposit Amount: Over €5,000 Total Trade: 12 trades | XM Review |
FXTM | Deposit Amount: Over €6,000 Total Trade: 12 trades | FXTM Review |
ICM Capital | Deposit Amount: Over €5,000 Total Trade: 12 trades | ICM Capital Review |
Tickmill | Deposit Amount: Over $8,000 Total Trade: 12 trades | Tickmill Review |
Capital.com | Deposit Amount: Over €3,500 Total Trade: 15 trades | Capital.com Review |
XTB | Deposit Amount: Over €5,000 Total Trade: 12 trades | XTB Review |
RoboMarkets (RoboForex) | Deposit Amount: Over €5,000 Total Trade: 12 trades | RoboMarkets (RoboForex) Review |
Pepperstone | Deposit Amount: Over €6,000 Total Trade: 12 trades | Pepperstone Review |
FBS | Deposit Amount: Over €5,000 Total Trade: 12 trades | FBS Review |
GKFX | Deposit Amount: Over €5,000 Total Trade: 15 trades | GKFX Review |
Darwinex | Deposit Amount: Over €5,000 Total Trade: 12 trades | Darwinex Review |
IC Markets | Deposit Amount: Over €5,000 Total Trade: 12 trades | IC Markets Review |
ThinkMarkets | Deposit Amount: Over €5,000 Total Trade: 15 trades | ThinkMarkets Review |
FP Markets | Deposit Amount: Over €6,000 Total Trade: 12 trades | FP Markets Review |
Amana Capital | Deposit Amount: Over €5,000 Total Trade: 12 trades | Amana Capital Review |
AvaTrade | Deposit Amount: Over €4,000 Total Trade: 21 trades | AvaTrade Review |
CMC Markets | Deposit Amount: Over €5,000 Total Trade: 12 trades | CMC Markets Review |
Vantage FX | Deposit Amount: Over €5,000 Total Trade: 15 trades | Vantage FX Review |
INFINOX | Deposit Amount: Over €4,000 Total Trade: 9 trades | INFINOX Review |
Axi (AxiTrader) | Deposit Amount: Over €6,000 Total Trade: 12 trades | Axi (AxiTrader) Review |
Plus500 | Deposit Amount: Over €6,000 Total Trade: 18 trades | Plus500 Review |
eToro | Deposit Amount: Over $6,000 Total Trade: 18 trades | eToro Review |
Trading 212 | Deposit Amount: Over €5,500 Total Trade: 15 trades | Trading 212 Review |
Fortrade | Deposit Amount: Over €5,000 Total Trade: 12 trades | Fortrade Review |
FAQ and More on Forex Trading Basics PDF
Traders usually have many questions related to generic trading-related queries. We tried to pick and answer some of the most important queries related to forex trading for beginners and traders looking where to learn forex trading pdf.
Top Beginner Forex Brokers in the UK
Demand for retail forex trading has jumped in recent years, and this prompted many beginners to jump into the trading markets. Some of the top Financial Conduct Authority-regulated forex brokers in the UK suitable for beginner traders and good edudcation PDFs are:
- IG Markets
- CMC Markets
- XM
Top Beginner Forex Brokers in the US with free PDF education
Forex brokers in the USA must be registered with the Commodity Futures Trading Commission (CFTC) and be a member of the National Futures Association (NFA). Some of the US-regulated forex brokers that offer suitable services for beginner traders are:
- Forex.com
- TD Ameritrade
- IG (US)
Forex Trading in Kenya for Beginners PDF
In order to operate in Kenya, forex brokers must be registered and authorised by Capital Markets Authority (CMA). Here are some of the forex brokers regulated in Kenya offering quality educational resources:
- FXTM
- FXPesa
- Pepperstone
Forex Trading for Beginners PDF South Africa
Forex brokers have to be registered and licensed by Financial Sector Conduct Authority (FSCA) in order to operate in South Africa. Here are some of the forex brokers operating in South Africa and offering suitable PDF learning materials:
- AvaTrade
- FXPro
- IG
- Tickmill
MT4 Forex Trading PDF Brokers
As MT4 is the most popular platform to trade forex, many beginner traders being their trading journey with this trading platform. Though the platform is a bit outdated and made for professionals, brokers are customizing it to offer services to beginners. Some of the good MT4 forex brokers for beginners also with PDFs for MT4 are:
- XM
- CMC Markets
- AvaTrade
Best Forex Trading App for Beginners
Mobile trading has become a thing now, and many brokers are offering excellent trading services on mobile devices. Some of the excellent forex trading apps offered by the brokers which are useful to beginners are:
- IG Markets
- CMC Markets
- eToro
Copy Trading for Beginners
Forex copy trading services are very popular among beginner traders as they can earn profits while still learning about the forex market. Some of the good copy trading apps for beginner traders are:
- eToro
- Naga Trader
- ZuluTrade
- Darwinex
Author of this review

By George Rossi
Author of this review
I am a well-rounded financial services professional experienced in fundamental and technical analysis, global macroeconomic research, foreign exchange and commodity markets and an independent trader.
Now I am passionate about reviewing and comparing forex brokers.
Everything you find on BrokerTested is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology