Forex for beginners. Start trading in few steps.

Chances are you’re here because you’re looking for an additional source of income. If that’s the case, read further to learn what you can do now to start making money already tomorrow.

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What is CentFX?

Let’s get to know each other.

CentFX is a provider of modern high-quality technology and services for trading in the currency and derivatives markets since 2019. Recipient of 18 industry awards, regulated by an international financial commission, safety of deposits is guaranteed by the blockchain-based escrow Serenity.

Making money in Forex: is it for me?

  • Do you have a computer or a smartphone?
  • Do you have $50–300 for a start?
  • Do you have Internet access?
  • Do you want to make profit with successful trading?

If you answered “yes” to these questions, you may get your first profit very soon

Where to start?

We have noticed that the best results are achieved by those who both trade independently and copy trades of others.
Start with two simple things:

Open a practice account with a demo deposit.

  • Download the trading platform to your phone.
  • Open a demo Standard account (with a demo deposit of $10,000).
  • Follow the signals and place trades.
  • Visit the Terms page.

Myths about Forex

You may have heard a popular opinion suggesting that Forex is some kind of scam. We have collected the most widespread myths about Forex to show why they are exactly that — no more than myths.

Myth no. 1: you can’t earn anything in Forex

Obviously, a myth. Thousands of traders working with CentFX make money every day. Essentially, they are doing the same thing that banks, exchangers and large corporations do: they buy and sell assets. The main goal is to buy cheap and sell high. Put simply, this is the gist of financial market trading. Prices change every day, more for some assets, less for the others. The market is moving fast, millions of trades are placed every minute. And every minute someone makes profit.
Myth no. 2: only a few are able to learn their way around Forex
Of course, this is quite far from the truth. If you’re new to the market, it’s true that you’ll need some time to understand how to use the trading terminal, learn the terminology and how to place trades. Everything that follows will turn into an exciting process: you place orders to buy or sell currency, someone buys it from you at your price, then you look for favorable offers and buy with an intention to sell higher. CentFX provides access to the market of high liquidity, which means all your buy and sell orders will always be met with a matching offer.
Myth no. 3: Forex is a scam

Obviously, a myth. Thousands of traders working with CentFX make money every day. Essentially, they are doing the same thing that banks, exchangers and large corporations do: they buy and sell assets. The main goal is to buy cheap and sell high. Put simply, this is the gist of financial market trading. Prices change every day, more for some assets, less for the others. The market is moving fast, millions of trades are placed every minute. And every minute someone makes profit.

Myth no. 4: client’s loss is broker’s gain

Also a myth. Brokers are interested in successful clients. Of course, there are dishonest companies. Such brokers appear out of nowhere with aggressive marketing strategies, then disappear just as quickly with the clients’ money. Real brokers are focused on the long-term operation. They make their profit from trading volume and commissions from each trade, both profitable and losing ones. That’s why they have no interest in the client’s loss. In fact, the opposite is true: they are interested in clients who place as many trades as possible as often as possible and continue to work with the company, leading to growing volumes. It means that brokers are interested in the client’s profit. That’s why brokers offer various additional services: trading signals, copying trades of successful traders, market analysis, better trading conditions. They do everything to help clients on their way to success.