About forex-basics.com

Our mission: Forex in plain language

Our mission is to explain the Forex market the way you would explain it to a friend over a coffee — without "in the context of ESMA's regulatory requirements", without "within the paradigm of a multifactor expected-value risk management framework". Plainly: what a pip is, where the spread comes from, why 1:500 leverage is a trap, why most retail traders lose, and how not to be in that majority.

We do this in a question-and-answer format. The portal currently holds more than six hundred and seventy articles, each one answering a single specific question. The reader does not have to dig through a 50-page handbook to understand why their broker deducted 2.50 USD for holding a position overnight. They type the question into Google, land on a concrete answer, read for two minutes — and they know.

Where this came from

Jarek (Jarosław Wasiński — editor-in-chief and the author of most of the texts) has been running MyBank.pl since 2004. Over those two decades he has answered thousands of reader questions about loans, current accounts and deposits. From 2007 onwards he started writing about Forex as well — and quickly noticed that people were asking the same questions, month after month, year after year, despite the abundance of "courses" and "webinars" available on the market.

The reasons were two. First: those courses and webinars were often a sham — either rehashes of material freely available online, or thinly disguised advertising for a single broker. Second: their authors wrote in a language the reader did not understand. "Support at 1.1850 with RSI divergence" is not a sentence to a beginner, it is an incantation.

Forex-basics.com is an attempt to do this differently: short answers written in ordinary language, with concrete numbers, regional context (Polish PIT-38, fees at European brokers, KNF and FCA regulation) and without sales tricks.

What we do NOT do

The list is short, but important. We do not sell courses. Ever. All the knowledge we produce is available free of charge on the portal. We do not run signals. We do not send SMS messages like "buy EUR/USD at 1.0850". Signals are a business model in which the only certain winner is the signal seller, not the recipient. We do not manage other people's money. We do not hold a KNF authorisation for that activity, and even if we did — we still would not. We do not recommend the "best broker for everyone". Our reviews are the output of a scoring framework, not of personal preference.

What we do differently from the competition

First: we write in complete sentences, not in clusters of acronyms and dates. Second: we have a public review methodology for brokers — described on the Methodology page — and we apply it consistently, regardless of affiliate contracts. Third: we are open about affiliation. Every affiliate link is labelled, and the full policy is on the Affiliate disclosure page. Fourth: our content is ESMA-compliant — every article that touches a YMYL topic carries a risk warning at the bottom, and in the site footer you will find the full retail-loss warning (74–89%).

Fifth, and perhaps the most important: every article is signed by a specific person, has a publication date, a last-verification date and links to primary sources. No anonymous "team of experts" — there is Jarek, who stands behind every sentence.

Plans for 2026

For 2026 we have four goals. First: quality over quantity — 670 articles is a lot, but some need rewriting, addition of our own data from the MT5 platform, fresher sources. Every article will undergo a full review once a year. Second: the English version — a full translation of the portal to forex-basics.com, which you are on if you are reading this in English. Third: calculators — our own tools for computing position size, margin, swap and Polish PIT-38 tax. Fourth: video content — short (2–4 minute) explanations of specific concepts in a watchable format.