EDUCATION BEGINNER GUIDE
What Is Forex Trading?
Here's the Beginner's Guide
Beginner Guide | July 31, 2026 | Source: Followme Academy
Forex is the world's biggest financial market. 💱
Around $7.5 trillion changes hands every single day, more than every stock exchange combined. Most guides jump straight into jargon, but Followme takes you from zero, step by step.👀
Here's what's inside:
- 🔹 What forex really is - buying one currency while selling another, and profiting from the shift between them
- 🔹 How to read a currency pair (like EUR/USD) - the base currency, the quote currency, and what a "pip" actually means for your profit/loss
- 🔹 A quick history lesson - how the 1971 "Nixon Shock" ended the gold standard and created the floating-rate market we trade today
- 🔹 The 4 trading sessions - Sydney, Tokyo, London & New York and exactly when the market gets most active (hint: the London–New York overlap 🔥)
- 🔹 Who's actually trading - from central banks to everyday retail traders like you, and where you fit in
New to trading or just want to fill in the gaps? Start here 👇
How to Access the Academy
On desktop: log in to Followme and click Academy in the left sidebar menu.
📱 Note for Mobile Users There is no Academy menu inside the app yet. For now, just open www.followme.com/academy in your phone browser and it works the same. We are working on getting it into the app.
Got a Topic You Want Covered? We would rather write what you actually want to read. If there is a concept you want explained, tell us. Share the details by DM Followme Official Account
Disclaimer: Followme Academy content is provided for educational purposes only and does not constitute investment advice or a recommendation to trade. Trading leveraged products carries a high level of risk and may not be suitable for all investors.
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