Market FoundationsWhat Is Forex Trading?
Currency pairs, pips, spreads and leverage explained without jargon, plus how the forex market is structured around the clock.
9 min readRead guide
Independent research desk
Dig into trading knowledge before you compare a single platform
Coal Seam Research is an independent educational portal covering how markets, risk and trading infrastructure actually work. ProMarketsCFD is one of the trading platforms we research and discuss, using published information and a fixed set of evaluation criteria — never promotional claims.
No accounts, no deposits, no trading services. Educational content only — and no official affiliation with ProMarketsCFD.
9Educational guidesMarket mechanics, risk and platform structure
6Research criteriaApplied to every platform we examine
0Commercial tiesNo affiliate links, no sponsored placements
Why this site exists
Trading education first. Platform research second.
Most people meet trading through advertising rather than through education. The result is a vocabulary of promises and very little understanding of mechanics. We publish the opposite: plain explanations of how currency, crypto and derivative markets are structured, what leverage really does to a position, and how the software layer between a trader and the market actually behaves.
Our ProMarketsCFD research applies that same discipline. Our ProMarketsCFD review and trading platform research sets out six evaluation criteria, states clearly what public information can and cannot confirm, and leaves the verification in the reader's hands. We publish no ratings, no awards and no endorsements.
Market structure
Price is a record of transactions. Learning to describe structure precedes any attempt to anticipate it.
Risk before return
Drawdown mathematics, not entry signals, decide whether a plan survives an unfavourable stretch.
Platform mechanics
Order routing, spreads, financing and margin rules shape outcomes far more than interface design suggests.
Evidence over opinion
Every claim we publish is traceable to public information or clearly labelled as educational context.
Featured research
ProMarketsCFD Review and Trading Platform Research
What does a serious ProMarketsCFD broker review look like when nobody is being paid to write it? We examine market coverage, pricing structure, order types, risk controls, usability and documentation quality — and explain how to verify each point yourself against primary sources.
- · Six-part evaluation framework
- · Informational pros and cons
- · Leverage and risk context
- · Seven-question FAQ
Platform context
New traders often overlook platform structure, fees, risk controls and usability. Those four factors shape results long before any strategy does.
Start with How Trading Platforms Work to understand what sits behind an order button, then read Risk Management in Trading before comparing anything.
Educational library
Featured educational articles
Market Foundations
Digital AssetsCrypto Trading Explained
Round-the-clock markets, liquidity fragmentation and volatility: what makes digital-asset trading structurally different.
10 min readRead guide
MethodTrading Strategies for Beginners
Trend, range and breakout approaches, plus how to write a rule set you can actually test before risking capital.
10 min readRead guide
Chart CraftTechnical Analysis Basics
Candles, structure, levels and indicators — the reading skills that come before any indicator settings debate.
9 min readRead guide
Capital ProtectionRisk Management in Trading
Why the maths of drawdown, not the entry signal, decides whether a trading account survives a bad month.
10 min readRead guide
BehaviourTrading Psychology
Loss aversion, revenge trading and overconfidence — and the routines researchers use to keep decisions consistent.
9 min readRead guide
InfrastructureHow Trading Platforms Work
From click to fill: order types, routing layers, pricing feeds and the cost structure behind a trading interface.
10 min readRead guide
Market BehaviourUnderstanding Market Volatility
Volatility is not direction. Here is what it measures, why it clusters, and how it reshapes position size.
9 min readRead guide
Educational calculator
Scenario calculator: gains and losses are symmetrical
Adjust the inputs to see how a percentage move and a leverage multiplier scale both directions of an outcome. Everything runs in your browser; nothing is stored or sent anywhere.
Favourable scenario
+50.00
Resulting balance 1,050.00
Adverse scenario
-50.00
Resulting balance 950.00
This calculator is for educational purposes only. It does not predict real trading outcomes and should not be considered financial advice. Real results are also affected by spreads, commissions, overnight financing, slippage and gaps — and leverage magnifies losses exactly as it magnifies gains.
Editorial credibility
Financial Markets Research Team
Our contributors research market structure, trading mechanics and platform documentation, then translate it into plain-language material. We do not sell trading services, do not accept client funds and do not provide personalised financial advice.
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