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Open a spread betting or CFD trading account. ...
Start researching to find the FX pair you want to trade. ...
Based on your research, decide if you want to buy or sell. ...
Follow your strategy. ...
Place your forex trade. ...
Close your trade and reflect
Learn the basics
Analyze the market
Develop your trading plan
To use forex trading, start by choosing a reliable broker, open a trading account, and fund it. Then, learn the basics of currency pairs, analyze market trends using technical or fundamental analysis, and develop a trading strategy. Finally, practice with a demo account before trading with real money to manage risk effectively.