Learn the ABCs of Trading with a Free Demo Account
Beginner traders often encounter FOREX terms that are not entirely clear.
Traders may not know what a swap, spot, freeze, or margin call is.
But without knowing the basics, it is impossible to objectively see the market and make money from trading.
To understand trading processes, it is recommended to first understand basic Forex terminology.
The Trader's ABCs glossary on the NPBFX Analytical Portal will help you with this, and you can consolidate your knowledge risk-free on a free training (demo) account.
Briefly about how to get training and open a demo account.
What is a glossary? The glossary on the NPBFX Analytical Portal is a dictionary of highly specialized Forex terms with detailed definitions of each concept.
Pros of the glossary:
- Over 150 Forex terms listed alphabetically. The alphabetical order makes searching easier.
- Access in Russian. All Portal notes and tools are available in Russian, with the option to select other languages.
- Search for terms. A special search form is built in to help you find terms.
- Connect from any device. You can access the Analytics Portal from a computer or smartphone. For computers, simply use a browser. For mobile devices, use a browser or the NPBFX Analytics app on Google Play. Over 10,000 traders use the app, which offers unique tools.
- Free 24/7. You don't pay for the glossary or the Analytics Portal tools.
What does the ABCs of trading look like? The glossary contains basic definitions with explanations in a concise and accessible format. The article presents the term and its description opposite it. For example:
| Name | Description |
| Pips | A pip is a percentage in points. It is the last digit after the decimal point in a quote and represents the minimum price change. |
| Pullback | A reversal in the price of a trading instrument after a breakout of a resistance level, which now becomes a support level. Pullbacks occur during uptrends and downtrends as temporary reversals from the current trend. |
| Black box | Automated trading is based on the use of computer systems that execute transactions using their own software. |
What is the Analytical Portal? The portal is a multifunctional service from the NPBFX broker. It was designed to help traders hone their trading skills, obtain ready-made solutions for market analysis and trading "mathematics," and improve their profitability.
The Portal has seven built-in help sections, featuring the best analytical and educational tools for analyzing quotes and making decisions:
- Feed: analytical articles, investment ideas, and news on all trading assets.
- Signals: trading signals with precise recommendations.
- Video: Video forecasts to stay up to date with economic events.
- Calendar: economic statistics, holidays and register dates.
- Education: glossary, video courses, economic indicators and an electronic textbook.
- Tools: calculators, Pivot point, historical volatility and others.
- Chat with an analyst where you can ask questions about trading or the Portal.
Advantages of the Portal:
- Multifunctionality. Everything you need is gathered in one place.
- Reliability. The materials presented are prepared by experts based on technical and fundamental analysis.
- Connect immediately after registration. You don't have to waste time on a separate subscription or be distracted by spam or annoying calls.
- C service from the proven and reliable company NPBFX . The company has been working with traders since 1996. Until 2016, client services were provided by JSC Nefteprombank, a licensed company of the Central Bank of Russia.
- Free access 24/7. All you need is registration and a personal account at NPBFX.
NPBFX is a high-tech and reliable broker with the best tools for transparent trading. The company operates using STP/NDD technology, which eliminates conflicts of interest between the organization and its clients.
NPBFX has become a member of the Financial Commission, which guarantees a compensation fund of 20,000 euros per client in the event of a dispute.
Traders can choose from a variety of trading accounts to suit their investment needs: Master, Zero, Expert, VIP, Standard Cent, Zero Cent, and Master Chinese Yuan. All accounts offer STP/NDD, Tier 1 providers, and 24/5 Russian-language customer support. The MetaTrader 4 trading platform is available free of charge for PC, iPhone, iPad, Android, and web browsers.
NPBFX offers 130+ trading assets, spreads from 0 pips, and leverage up to 1:1000. A multi-tiered affiliate program and access to social trading through NPB Invest are available.
Minimum deposit to start trading: $10/10 euros or 500 rubles.
How to master the basics of trading on the Portal? To connect to the Portal , register on the NPBFX website.
You can test your knowledge and practice your trading skills in the comfortable conditions of the NPBFX demo.
the NPBFX demo :
- No risks or deposits required. You don't have to pay to open or maintain a practice account. You can't lose any of your own funds, as trading is done with virtual money. A demo account is ideal for getting acquainted with the terminal and trading position types. A demo account will also help you master the basics of trading through practice.
- Identical to the live account. The demo account has the same assets, indicators, and leverage.
- There is no time limit. NPBFX does not close or freeze demo accounts.
- Unlimited quantity. You have no limit on the number of demos in your Personal Account.
NPBFX offers 4 demo types:
- Demo Master : spread from 1.4, commission 0 USD, leverage up to 1:1000.
- Demo Expert : spread from 0.8, commission 0 USD, leverage up to 1:1000.
- Demo VIP : spread from 0.4, commission 0 USD, leverage up to 1:1000.
- Demo Standard Cent : spread from 1.4, commission 0 USD, leverage up to 1:1000.
NPBFX demo account is free. How do I open one?
- Go to the NPBFX website.
- Register your Personal Account.
- Open a demo account through your Personal Account.
