Guides

Step-by-step tutorials

9 short videos to get you from zero to trading with a plan: account, platform, deposit, your first trade, risk and lot size, take profit, the news, Obsidian Desk and withdrawals. Watch them in order.

Always sign up through the Wolf of Forex link above. Screens in the videos are illustrations; amounts and prices are examples only.

01TUTORIAL 1 OF 9

Create your PrimeXBT account

Open your account through the Wolf of Forex link, fill in the sign-up form, then verify your email, identity and 2FA.

02TUTORIAL 2 OF 9

Download and log in to MetaTrader 5

Create an MT5 account in PrimeXBT, install MetaTrader 5 from the official site and log in with your details.

03TUTORIAL 3 OF 9

Make your first deposit

Choose a payment method, deposit only what you can afford to lose, then move funds to your MT5 account.

04TUTORIAL 4 OF 9

Place your first trade with a stop loss

Open a new order in MT5, start small, set a stop loss and take profit, and manage the open trade.

05TUTORIAL 5 OF 9

Lot size and risk per trade

What a lot is, how much to risk on one trade, and how to work out the lot size from your stop.

06TUTORIAL 6 OF 9

Take profit and risk-to-reward

Set a take profit, check the trade is worth the risk (e.g. 1:2), and add or change it in MT5.

07TUTORIAL 7 OF 9

Trading around news events

Read the economic calendar, understand spikes, wider spreads and slippage, and have a news plan.

08TUTORIAL 8 OF 9

Using Obsidian Desk

Open the desk at wolfofforex.com/app, pick a market and style, and ask it for a side, a stop and a target.

09TUTORIAL 9 OF 9

Withdrawing your funds

Move money from MT5 back to your wallet, request a withdrawal and track it, safely.

Risk warning: Trading carries risk and you can lose more than your deposit. These tutorials are educational only, not financial advice.
Obsidian Desk