free

Instruments and Markets

A foundation path on what you are actually trading: the major instrument classes (futures, forex, crypto, shares and CFDs) and how they differ, how leverage and margin work and why they cut both ways, what a tick, pip, and contract are worth, the real cost of a trade through the spread, liquidity, and slippage, the overnight financing that builds up on held positions, the hours each market trades, and how to match an instrument to your strategy and account. The know-your-instrument layer the analysis, risk, and execution paths all assume.

  1. Module 1
    free

    The Major Instrument Classes

    The landscape of what you can trade and how the main classes are structured: spot versus derivatives, standardised futures contracts, the currency market, and crypto, shares, and the CFDs built on top of them.

  2. Module 2
    free

    How Leverage and Cost Work

    The mechanics that determine your real exposure and the real cost of trading: leverage and margin, what a tick, pip, and contract are worth, the spread and slippage you pay to transact, and the financing that accrues on positions held overnight.

  3. Module 3
    free

    Choosing and Trading Your Market

    Putting it together: when each market is open and liquid, and how to choose an instrument that fits your strategy, schedule, and account size rather than defaulting to whatever you saw first.