What Is Forex Trading?

Forex trading (short for “foreign exchange”) is the act of buying and selling currencies. You trade one currency against another, hoping the exchange rate will move in your favor. For example, if you believe the Euro will gain strength against the US Dollar, you might buy the EUR/USD currency pair.

The Forex market is the largest financial market in the world. It operates 24 hours a day, five days a week, and sees over $6 trillion traded daily. It is open to anyone — from large banks to everyday individuals.

Why Trade Forex?

Forex trading has many benefits, especially for new traders:

• Low cost to start – You can begin trading with a small deposit.

• High liquidity – Currencies can be bought and sold instantly.

• Open 24 hours – Trade any time that suits your schedule.

• Leverage – Boost your buying power with minimal capital.

• Global market – Economic events across the world influence currency prices, giving you endless opportunities.

At Dominion Funding, we take it one step further — by giving you access to funded accounts so you can trade with our capital, not your own.

Step-by-Step: How to Trade in Forex

Let us break down the process of getting started with Forex trading in simple steps.

1. Learn the Basics

Before placing a trade, it is important to understand key terms:

• Currency Pair – Two currencies traded together, like GBP/USD.

• Pip – The smallest price movement in Forex.

• Spread – The difference between the buy and sell price.

• Leverage – Using borrowed funds to increase trade size.

• Lot – The size of your trade.

There are many free resources available, including Dominion Funding’s free beginner e-books and webinars. Take time to learn and build your foundation.

2. Choose a Trading Platform

Forex trading takes place on platforms that connect you to the global market. These platforms show real-time charts, news, and allow you to place trades.

At Dominion Funding, our traders use trusted, user-friendly platforms with ultra-fast execution and tight spreads. We even offer demo accounts so you can practice risk-free.

3. Pick a Strategy

No successful trader trades without a plan. There are many Forex trading strategies to choose from, including:

• Scalping – Making small trades frequently throughout the day.

• Day trading – Opening and closing trades within a single day.

• Swing trading – Holding trades for several days to catch larger moves.

• Position trading – Long-term trades based on big market trends.

Choose a strategy that fits your goals, schedule, and personality. Then test it using a demo or small account.

4. Manage Your Risk

Forex can be profitable, but it also involves risk. Smart traders always protect their capital using:

• Stop-loss orders – Automatically close losing trades to limit losses.

• Risk/reward ratio – Aim for trades where the potential profit outweighs the potential loss.

• Position sizing – Trade with an amount that fits your account size.

Dominion Funding supports traders with built-in risk management rules so you never risk more than necessary — and your personal funds are always protected.

5. Get Funded

Here is where things get exciting.

Instead of risking your own money, you can trade with a Dominion Funding account, where we provide you with capital — up to $400,000 — and you keep up to 90% of the profits.

You start by taking one of our low-cost challenges. Once you pass, we fund you to trade live in the market. No need to risk your savings. You earn, we support — and we grow together.

Common Mistakes to Avoid

To succeed in Forex, avoid these beginner mistakes:

• Overtrading – More trades do not always mean more profit.

• Trading without a plan – Stick to a tested strategy.

• Ignoring the news – Global events move the market.

• Letting emotions take over – Always trade with discipline.

• Risking too much – One bad trade should never wipe out your account.

Our funded traders at Dominion Funding receive coaching and access to AI-powered tools that help remove the guesswork.

Why Trade with Dominion Funding?

There are many prop firms out there, but here is why Dominion Funding stands out:

• Start with as little as $49

• Keep up to 90% of your profits

• Fast payouts — as quick as 24 hours

• Trade your way — no restrictions on news or weekends

• AI tools, live support, and coaching included

We are here to back your potential, not burden you with risk. Whether you are new or experienced, Dominion Funding offers a smarter way to trade Forex and grow.

Final Thoughts: Start Your Forex Journey Today

Forex trading is not just about charts and numbers — it is about taking control of your future. Whether your goal is to earn extra income, quit your job, or become a full-time trader, your journey starts with the first step.

Learn the basics, practice your strategy, and when you are ready — get funded by Dominion Funding. You will gain access to real capital, expert support, and the freedom to trade without fear.

Ready to get started?
Explore our funding options, take your first challenge, and start trading today.

👉 Start Trading with Dominion Funding Now

FAQs

Q: Do I need experience to trade Forex?
No! With the right training and support, anyone can learn to trade. We provide beginner-friendly resources to help you get started.

Q: How much can I earn?
Your earnings depend on your skill and consistency. With Dominion Funding, you keep up to 90% of your profits.

Q: What if I lose money?
There is no personal liability. If you trade on our funded accounts, your capital is protected. We take the risk so you can focus on performance.

Q: How fast are payouts?
Our traders enjoy on-demand payouts, with most processed within 24 hours.

Join thousands of successful traders worldwide who are building their futures with Dominion Funding. Your journey starts now.