Forex For Beginners (Full Colour Version) Review

TL;DR

Forex For Beginners (Full Colour Version) is exactly what the title says — a visual primer on the foreign exchange market for someone who doesn't yet know what a pip is. The full-color charts and diagrams help with concepts like spreads, leverage, and currency pairs. It is an on-ramp, not a strategy book, and should be treated as such.

Why It Matters

Forex is the largest market in the world and also the easiest place for retail traders to lose money quickly. The combination of high leverage, 24-hour trading, and confusing broker marketing produces predictable carnage. A clear beginner book that explains the mechanics before strategy can save a new trader from blowing up an account in week one.

Key Specs

Format: paperback, full color
Pages: ~150-200 typical
Subject: forex basics, pairs, leverage, broker mechanics
Reading time: 4-8 hours
Prerequisites: none
Audience: complete beginners

Pros

Visual format helps non-technical readers
Covers core concepts without jargon
Explains broker mechanics and spreads honestly
Short enough to finish in a weekend
Good glossary of FX terminology
Color charts beat black-and-white pricing diagrams

Cons

Light on actual trading strategy
Does not cover risk management at depth
Skims over psychology and discipline
No code, no backtesting, no math
Outgrown quickly once basics are absorbed
Limited coverage of macro drivers behind currency moves

Who It's For

True beginners who don't yet understand currency pairs, leverage, or how a forex broker makes money. Students, hobbyists, or anyone considering opening their first FX account who needs the vocabulary first. Skip it if you've already traded equities or options seriously — you'll be done in an hour.

How to Use It

Read it cover to cover before opening a demo account, not after. Keep notes on terminology and broker mechanics. Then graduate immediately to a trading-psychology book and a risk-management book before risking any real capital. This is chapter one of a longer education.

How It Compares

Vs. Kathy Lien's Day Trading and Swing Trading the Currency Market: Lien is the next step up — strategy and macro drivers. Vs. Brian Dolan's Currency Trading For Dummies: similar level, different style. Vs. broker-published PDFs: this book has the advantage of not trying to upsell you a course.