As the world becomes more and more interconnected and countries begin to rely on imports and exports to keep their economies functioning, forex trading has risen up as a popular alternative to stock trading. Forex traders enjoy the freer schedule that comes along with the decentralized currency market, which forgoes the traditional 9-to-5 schedule on which Wall Street operates.
Best Forex Trading Courses:
An online course is a great place to start. But which forex courses are worth your time and money? We’ve reviewed some of our favorite online forex courses as well as some tips to help you separate the legit instructors from the scammers.
Characteristics of a Great Forex Course
Though most online forex courses will come along with their own unique teaching method, language choice, or “gimmick” to attract their target market, valuable and educational courses all share these three common characteristics:
1. The instructor keeps the material fun and engaging
Holding a student’s interest is much more difficult for an online instructor to do than an in-person instructor, as online courses must compete for a limited pool of attention with everything from television screens to children running around.
The best online courses use live demonstrations, video recordings, graphs, and other supplemental materials to break up massive walls of text and keep the students engaged.
2. The course is mechanically fully functional
Unlike a textbook, which allows you to flip to the material you need and dive in, online course material requires the instructor to possess a certain level of technical proficiency.
The best online forex courses keep the material up to date and fresh by ensuring that all links work and video clips play without excessive loading times or constant buffering.
Bonus points can be awarded to the courses that format materials for mobile or offer separate downloads aimed at on-the-go learners.
3. The course appeals to all types of learners
A quality forex course appeals to all types of learners and learning styles. A strict lecture or webinar works best for aural learners. Videos and slideshows appeal to visual learners, and trading simulators allow kinesthetic learners to thrive.
Chat rooms and mentorships cross a range of learning styles, often providing willing resources after the course concludes.
4. The course material is professionally presented
You can tell how much an instructor cares about his or her material by how professional its presentation is.
Keep an eye out for spelling errors, text that’s in an unusual or unreadable font, poor design choices, and material that seems to proceed in an illogical order, as these are all signs that the instructor has not thoroughly proofread his or her material.
If the instructor can’t be bothered to care about the course’s content, how can he or she expect his or her students to?
The Best Forex Courses
Based on the criteria above, we made our picks for the best forex courses available on the web at a wide range of price points.
1. How to Find the Strongest Forex Trends by Simpler Trading
Who is it for: Beginner to Advanced Currency Traders
Price: Limited Time Offer
Raghee Horner loves trading the $5 TRILLION Forex market because there’s always a bull market somewhere. And with good reason. Over 3 decades ago Raghee cracked the code for finding the strongest trends. In fact, she’s never had a losing year in her entire career.
How does she consistently catch the strongest trends? With her step-by-step trend following formula and her proprietary tools. They allow her to get in during the earliest stages and extract extraordinary gains like: 165 pips in the AUDUSD ($1,650 per contract), 1000 pips in the AUDJPY ($9,200 per contract), and 284 pips in the EURUSD ($2,840 per contract).
Consistent results like that are almost unheard of. And that’s why Raghee decided to distill her system into a self-paced online training called Forex 101. Now even beginners can discover how to take advantage of these strong trends.
Because of the recent market volatility, there’s been a surge of interest in learning the Forex. So for a limited time Simpler Trading is offering instant access to Raghee’s Forex 101 course recordings (including her proprietary tools) at a special 60% discount.
2. Forex 101 from Benzinga Courses
Who’s it for? Beginner to advanced Traders
Price: On Sale
Congrats! You’ve just landed on the most versatile, comprehensive forex trading platform on the market. Whether you’re just beginning to learn about forex trading or know a little bit about it already, Benzinga’s forex trading course can help you learn everything you need to know, from forex pairs, pips and points (the basics) to Fibonacci retracements. What’s a forex course without trade examples? Benzinga’s forex course offers AUD/USD sell trades and everything else in between — short selling, support and resistance levels, forex chart patterns and indicators. Don’t miss out on Benzinga’s forex trading course at a low price for a limited time.
3. Asia Forex Mentor: One Core Program by Ezekiel Chew
Who it’s for: Beginner to Advanced traders
Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders.
Ezekiel is considered as one of the top forex traders around who actually care about giving back to the community. He makes six figures a trade in his own trading and behind the scenes, Ezekiel trains the traders who work in banks, fund management companies and prop trading firms.
His highly regarded One Core Program is considered as one of the best forex trading courses around. One of the modules that are highly raved is the Road to Millions formula that turned many new traders into full-time traders. It’s a ‘paradigm shift’ Ezekiel says. “Once you get that, you will change the way you look at trading and making money.”
The unique part of his teaching method? There are no slides, no screenshots, no fluffs but real strategies and actual scenarios that work in the live market.
4. Forex Trading Coach by Andrew Mitchem
Who’s it for? Beginning to advanced traders
Price: Varies on bundle
The Forex Trading Coach can fast-track your forex trading and help you whether you’re a beginner or not. Andrew Mitchem, a full-time currency trader, investor and forex trading coach, developed a system that has makes forex trading profitable.
Ready to learn? You can get there in 90 days. In fact, Mitchem claims that rookies are better traders — you’re more likely to progress (and profit) faster than someone with years of experience!
The Forex Trading Coach highlights:
- Risk elimination: He shares his “Reward: Risk” strategy, which delivers profitable trades with a small amount of funds on the line.
- Less time trading: This personalized trading method means you can do your daily trading in as little as 30 minutes.
- Your trading identity: You’ll learn more about yourself and your trading strategies and philosophies as you go.
- Training: Your demo account is how you learn not to lose lots of money when you hit the live markets.
- Mindset: Your mindset matters. You learn how to quickly transform into a proper business.
5. The Social Traders
Who’s it for? Beginner to Advanced traders
Price: Free or $42 / Month
For traders of all experiences, The Social Traders exists to expertly guide their community through the online markets. Join 1000s of like-minded traders and share your thoughts and opinions FX, Commodity and Cryptocurrency trade setups.
The platform aims to facilitate this impact by:
- 15+ Hour Online Swing Trading Strategy
- 35,000 word expertly written education modules
- 100+ of hours of Trade Recap Videos
- Daily Updated Market Breakdown Videos
- Weekend Extended Market Breakdowns Videos
- 1000s of traders in an online community Workspace.
6. Zen Trading Strategies
Who’s it for? Beginners who want to create their own algorithms
The Zen Trading Strategies Masters Course in Automated Algorithmic Trading provides you with the exact processes, methods, beliefs, tools and automations to create the opportunity for financial and lifestyle freedom. You don’t need any programming knowledge to started.
Zen Trading believes the course will pay for itself exponentially. It shares some of the knowledge applied by some of the most successful traders of all time.
The course outlines how one trader took a $5,000 investment and turned it into more than $10 million. You’ll learn how to create your own profitable algorigthms with its plug-and-play tools, and you can see your trades directly on the Tradingview chart.
The course will show you how to backtest any trading idea and automated every detail of the process. You will be able to automated your trading the same. day.
As an extra special bonus, Zen Trading created an exclusive Masters Course In Automated Algorithmic Trading Telegram group for all of the traders in this program, so you’ll get support throughout your trading journey.
Learn About Forex Trading Today
More so than any other market, the forex trading sphere is dynamic and changing on an hour-to-hour basis.
The best forex trading courses don’t just teach you the technicalities of how to operate the platform and choose which currencies are worth investing in—they also offer you information and reliable, unbiased sources for the news you need to understand why the global economy is moving the way it is.
A single corporate decision, new tax policy, or election in any country can affect what your money is worth. Looking to learn more about the forex market before you commit to an online course?
Frequently Asked Questions
Can novices self-study to learn Forex trading?
Yes. All courses teach different levels of traders on improving their Forex skills.
Is it challenging to learn Forex trading?
Forex is not more difficult than other trading areas, but you must know the risks, behavior and market conditions.
Master the art of trading with Benzinga’s signature course, “How to Trade Stocks.” Learn how to read charts and make winning trades in the market through simple, actionable strategies.