The best way to get started with Forex trading is to use a demo account. A demo account is usually available at most good brokers, free of charge so that you don't have to deposit any money to open one. 

Founded in 2017, Fusion Markets offers two low-cost accounts, available on MT4, MT5, and cTrader, great research tools, 24/7 customer service, and free and fast withdrawals.  Fusion Markets accounts have no minimum deposit requirements, and its Zero Account has spreads that start at 0 pips (EUR/USD) in exchange for a commission of 4.5 USD, making it one of the lowest-cost accounts in the industry.  We are impressed that in addition to MT4 and MT5, cTrader is also available. Fusion Markets is now one of a handful of brokers that has such a good platform offering.  It also offers an excellent range of market analysis materials, has free VPS hosting for clients that trade over 20 lots a month, and various copy trading services. Our only issue with Fusion Markets is that it has no educational materials, making it a poor choice for beginner traders.

Fibonacci retracement indicate the possible support and resistance levels where price could potentially pull back or rally, before continuing with a trend. In this video, we describe what retracements are, the benefits of trading a retracement, and how to use the Fibonacci retracement tool.

Spreads are critical in determining a trader’s profits, so they will be among the most important considerations when choosing a broker. In this guide, we clarify the concept of low-spread accounts, assess their advantages and disadvantages, explain how low-spread brokers operate and generate revenue, and provide guidance on selecting an appropriate broker based on your individual trading requirements. 

The Moving Average Convergence Divergence (MACD) is a crucial trading tool that offers insights into trend and momentum shifts, helping traders identify potential buy and sell points.