Let's Start From The Begining.

Open the etoro trading platform and select “practice Trading”.

 
You can use the Free virtual money given by eToro to master the art of trading without risking your real money. Even in the demo account the data and the fluctuations are real. The only difference is that you are not using your own money and you cannot withdraw your profits.

If you cannot see the above section in your trading platform, click the "visual mode" button at the top right corner.

you can use "Global trader", "Forex trend", "Forex Marathon" as your trading method. These are simply different interactive ways that you can use to trade forex.

In the right hand corner you will see the currency pair rates going up and down real time. If you observe them for a while and if you look at the charts (Click the chart button .) you can get an idea of the trend and predict what is going to happen next.

In future, you will learn how to use advanced indicators and fx news to predict a pair accurately. But for now we will go with the flow to understand how this works.

Let's say you have observed that the EUR/USD pair is going up with a clear trend. Let's buy it and see what will happen. You do not have any risk at this point since you have not deposited any money yet. You can use any of the above sections to do this trade but we will use the "Global trader" first.

Select the currency pair from the "BUY" and "AGAINST" sections. We predicted taht EUR/USD is going to go up. So select the currency pair as shown in the picture.

If you think EUR/USD is going down instead of going up just buy USD against EUR. It is just the reversal. Do not get confused.

Then select the "RISK/REWARD LEVEL". We are talking about leverage here. If you do not know what leverage is, do a Google search. Or else just leave it at x200 because i say so :-) You can trade with $25 lots if you select x400 here.

Then select the amount you wish to put in to this trade and click the "OPEN TRADE" button.

This is how you open a trade in your forex client account. Now see how the profits/losses are changing when the currency pair values are changing. This is fun to look at. Specially when it is showing profits. Observe how the trend goes. If you have enough profits just close the trade.

Try learning the Forex Marathon & Forex trend sections alone. It is the same concept. I bet you will figure it out in 10 minutes. I trade with the " adnaced mode". You are in the "visual mode" which is very easy to learn.

If you are a person who can grab things quickly, I suggest you to start trading in the advanced mode as it gives lot of options. ( You do not need to know everything when you first start this.)