BEGINNER: FOREX FOUNDATIONS • TIER 1FOUNDATION TRACK • FREELesson 2 of 30• 3 min read

How the Forex Market Works

Explore market participants, the interbank tier, retail broker models, and how liquidity flows through the ecosystem.

Core Learning Objectives
  • Identify the key market participants: central banks, commercial banks, institutional funds, and retail traders.
  • Understand the interbank market and Tier-1 liquidity providers.
  • Differentiate between STP/ECN broker execution and market-maker (dealing desk) models.
Lesson 2 Overview

<p>To navigate the Forex market successfully, you must understand who the participants are and how liquidity moves from interbank trading desks down to your retail trading screen.</p>

PROPRIETARY EXECUTION SCHEMATICLesson 2 Institutional Blueprint
LOCKED • MT5 PARTNER VERIFIED
INSTITUTIONAL DIAGRAM PROTECTED
Connect JustMarkets MT5 to Unlock High-Resolution Vector Chart
CURRICULUM FIREWALL / SEQUENTIAL PROGRESS REQUIRED

Lesson 2 Is Locked

To ensure mathematical discipline and eliminate premature losses, curriculum units must be completed in sequential order. You must complete and pass Lesson 1 before this unit unlocks.

Resume Lesson 1 →View Curriculum Overview →
Current verified progress: 0 of 30 lessons certified.
MILESTONE 1 / ACCOUNT CONFIGURATION

Step 1 Complete: Link Your JustMarkets Trading Account

Great job completing the first two foundation lessons on market structure and liquidity. Before proceeding through Lessons 3, 4, and 5, link your JustMarkets MT5 trading account so your telemetry and blotter are configured.

Link JustMarkets Account →Proceed to Lesson 3 →
← Previous (Lesson 1)Pass this lesson's assessment to unlock the next lesson.