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Beginner Guide: Start in 6 Steps

From zero to first trade — learn, demo, fund and trade with confidence.

6 Guided StepsFree MT5 DemoRisk-First Approach
Beginner guide — editorial illustration

Your 6-step start guide

Follow the path below in order. Each step builds on the last — finish your demo practice before funding a real account.

6Steps to first trade
20+Demo trades recommended
0.01Micro lot starting size
1–2%Max risk per trade
1

Learn the basics

What moves Forex & CFDs, sessions, order types. Study Academy + Glossary.

2

Try a free demo

Practise risk-free on MT5 with virtual funds. Open demo →

3

Choose account

Individual Account or Priority Trading Service (Islamic). Compare in Accounts Overview.

4

Fund securely

Card, bank, crypto or e-wallet. See Payment Methods & Funding.

5

Place first trade

Start 0.01 lots on EUR/USD, set stop-loss & take-profit on MT5 Web or mobile.

6

Manage risk

Risk max 1–2% per trade. Learn Risk Management + use Calculators.

Key terms mini-list

TermWhat it meansExample
PipSmallest price move (usually 0.0001)EUR/USD 1.0850 → 1.0860 = 10 pips
LotTrade size (1.0 lot = 100,000 units FX)0.01 lot = micro, beginner-friendly
SpreadBuy/sell difference, your costCompetitive on DOYOS
LeverageBorrowed power, amplifies gain & lossUpto 1:100 — use cautiously
MarginDeposit locked to hold positionSee margin calculator
Stop-LossAuto-exit to cap lossAlways set before entry

Full definitions: Glossary (20+ terms) →

Tip: Keep this table open on your first demo trades. If you cannot explain pip, lot and leverage in one sentence each, revisit the Academy before increasing size.

Beginner checklist

Keep learning

Academy

Structured lessons on Forex and CFD basics.

Open

Risk Management

Position sizing, stops and the 2% rule.

Open

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Risk warning: Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. You could sustain losses in excess of deposits. Consider your financial situation and experience level before trading.