Online Trading Education in Australia
Online trading in Australia is huge. The Aussie market and the Aussie dollar have both growing significantly, and are correlated to Chinese economy, oil price and gold price. Australian traders looking to learn how to trade forex have come to the right place.
So, forex trading has piqued your interest and you want to learn more about getting a forex trading education in Australia eh?
Well, you’ve made a very wise choice to look more into learning before taking the leap.
Unfortunately, many beginners skip getting a forex trading education and go straight into trading and can end up losing a lot of money because of it!
Without the skills and discipline, forex trading can be a dangerous game. It’s not like gambling at all!
That’s why you need a forex trading education, to teach you the basics and show you the ropes.
But before we get into testing what you actually know about forex trading, let’s look at some of the reasons why you’ve made a great choice to take up forex trading.
Want to get started with the top forex trading education in Australia now? Click here!
Why you should take up forex trading?
Simple! $5 trillion are traded every day, it’s the biggest market in the world. The forex market presents many opportunities to make your fortune.
The forex market is also open 24 hours a day for five days a week (excluding weekends). Meaning you can trade whenever you like.
You can also be your own boss, work for yourself, work from home, when you want with no one to answer to but yourself. You’ll be in complete control.
Why Australians have an advantage in forex trading
Some of the best brokers are located in Australia. Many well-known brokers actually started out in Australia and branched out. And there are also others that started abroad, notably in the UK, that came down too.
Australia benefits from a robust financial regulation by ASIC (Australian Securities and Investments Commission), which is one of the world’s top regulators.
Australian forex traders a competitive advantage over traders in the US and most of Europe when it comes to leverage (that’s the amount you can borrow from your broker to trade).
While Americans are limited to 1:50 leverage and Europeans are limited to 1:30 leverage, Australians can leverage up 1:500.
The Australian dollar is also one of the top currencies to trade. A great advantage for Australians who can trade a strong currency they know well.
The USD/AUD (US dollar/Australian dollar) currency pair is considered a major currency pair, meaning it is one of the most traded currencies in the world.
Further to that, the Australian dollar is also highly traded against the Euro, British pound, Japanese yen, the Swiss franc, New Zealand dollar and the Canadian dollar. These are called minor pairs.
Just remember that in Australia the profits you make trading forex are taxable! So, keep track of your earnings!
Can a trading education in Australia lead you to success?
Yes, you really, but before you get too excited, you need to know that success in forex trading takes a lot of dedication and time.
It certainly won’t happen overnight that’s for sure! So, quit thinking you’ll be a millionaire any time soon. (We’re not in the business of giving false promises.)
But you will stand a chance at significantly increasing your financial situation in the long run as your money starts to compound.
If you learn how to mitigate the risks, you really can make your money work for you.
Even the most educated forex traders make losses. It’s all part of the game. You just have to make those losses small and the wins big.
You don’t need to be a mathematical genius to trade forex, in fact, we at Trading Education are staunch believers that anyone can learn to trade forex.
But there’s nothing like a good old-fashioned forex trading education which will combine everything you need in one place and put it in an order that won’t make your head spin.
Plus, when you work with multiple different sources, it can get confusing as different sources say different things. It’s often better to stick to one single source of truth.
Enter Trading Education, the best trading education in Australia
You’ve found us!
We offer the top forex trading education in Australia, if not the world. You struck lucky when you landed on this page.
We have courses led by professionals with years of experience in forex trading and finance who know how to educate anyone on even the toughest of topics.
And when you become part of Trading Education’s community, you’ll benefit from being part of a group of traders, building an international community beyond Australia to share trading knowledge and make it truly the best forex trading education in the world.
Plus, you don’t need any forex trading experience to take part in this course! We’re open to people with any level of experience.
But we haven’t even mentioned the most important thing about our trading course! It’s free! You don’t pay a thing to learn. But it won’t be free forever!
Benefits of getting a trading education in Australia
Learning online has a lot of advantages. It allows you to learn the way you want to learn, at your own pace, removing the restrictions of the classroom.
If you need more time one on a topic, no problem. Learning should be a stress-free experience. The less stressed you feel learning the better. Time constraints are not necessary.
Or, if you whizz through a topic super-fast, no problem. No need to spend time on something you already know about.
Further to that, it won’t get in the way of your other priorities. People with full-time jobs, children, elderly parents or other responsibilities need flexibility.
Distance is also no longer an issue. Living in Perth, Western Australia and want to take a forex trading course in Sydney, New South Wales?
Not a problem when it's all online! (Plus, you'll save a heck of a lot of time on commuting!)
And when all the material is online, you don’t need to stick to a routine of going to class. Want to stay up till 3 AM researching forex? Why not?
Can do the course completely online and take quizzes to test your knowledge. And when you complete the course, you will receive a certificate.
What you’ll learn
Here’s what you’ll learn from our trading education:
Foundation in Forex Trading
The first chapter of our free forex trading course will cover the basic foundations of forex trading. Without knowing the basics, you can’t progress further in your studies and trading career.
This chapter consists of several parts, supplemented by video materials for you to watch whenever you have the time. You will learn what forex is, how it works and the benefits of trading.
You will also find out how to set up an account and forex charts. A case study and a comprehensive glossary of terms are also added to further help you.
Mechanics in Forex Trading
Throughout the second chapter of our course, you will learn about the mechanics of forex trading.
You will understand how to work with trading times, trade on margin and the difference between a fixed and floating spread.
Get ready to also learn about prices, pips, rollover rates, trading sizes, currency charts and so much more.
Advanced Analysis Forex Trading
The third chapter of our forex trading course will focus on advanced analysis in forex. Novice traders will learn about the differences between technical and fundamental analysis.
Moreover, throughout this chapter, we will talk about financial instruments and country-specific financial indicators.
An introduction to the MetaTrader platform will also be part of this chapter.
Strategy Trading for Forex Trading
The final chapter of our free forex trading course requires extra effort and attention, especially from beginners.
Here, you will learn about the different trading strategies and techniques that will help you shape your trading style.
Students will also learn about Fibonacci retracements and how can they be utilised in the financial markets.
Other essential principles and indicators will also be covered, further assisting traders in understanding the complicated structure of the market.
Trading Education your one-stop Trading Education in Australia
Your education won’t stop with us. You need to continuously work on educating yourself on forex trading. When you stop learning to trade, you leave yourself open to opening mistakes.
On top of joining our growing community of traders, you will also be able to sign up for a one on one coaching from a mentor who will be able to guide you through your training.
We also have courses in cryptocurrency trading as well.
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If you remember anything from this article, make it these key points.
- Australians have a number of benefits when it comes to trading forex. Australian brokers are some of the best, ASIC regulation is top-rated, and you will have more leverage than most forex traders.
- Yes, you certainly can be successful taking up forex trading! Even if you know nothing about trading you can learn it with the right dedication and hard work.
- An online trading education is one of the best ways to learn to trade forex. You can learn at your own pace and distance is no longer an issue.
- If you’re looking for trading education in Australia, check out Trading Education. There are so many advantages of learning with us!
What are you waiting for? Get started with the best online trading education in Australia today
Find out more about Trading Education’s free forex trading course here! Remember, it won’t be free forever!