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Can I start Forex trading with zero trading knowledge?

Mdraghib

Active member
Of course not. If you're just starting out in forex trading, jumping in without proper knowledge can lead to significant losses. Forex trading isn’t child’s play—you need to take the time to learn the basics first. After that, it's important to gain some experience using a demo account before stepping into the real world of forex trading.
Tell me your opinion about it.
 
I'd say only on a demo account. It’s a safe way to learn without risking real money. Starting with live trading without knowing what you’re doing isn't what I would suggest. Why risk your cash when you can practice for free first?
 
You can, but it is not a good idea to start trading live with zero knowledge.
Forex is high risk and without understanding basics like lot size, leverage, risk management, and how the market moves, you are more likely to lose your capital quickly.

The smarter path is to first learn the fundamentals, then practice on a demo account. Platforms like Valetax offer educational resources, market analysis tools, and demo trading so you can build experience without risking real money. Once you have a strategy and risk plan you can transition to live trading with small amounts.
 
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