For those who own a laptop and are trying to supplement their income, Forex trading is an attractive option due to its low barrier to entry, ease of access and round-the-clock availability. (Forex) can be lucrative, but to be successful requires both specialist knowledge and extreme self-discipline.
The encouraging news is that those interested in Forex trading now have access to dozens of online forex courseeach of which promises a learning path leading to profitable trading.
Here are some of the many benefits of taking online forex courses:
- If you’re new to currency trading, signing up for a course could help you get up to speed faster. The foreign exchange market, also known as FX, has its own language.
- Traders today have access to a plethora of web resources from which they can study the ins and outs of their profession. They can also take a condensed course that teaches them all at once.
- Students who enroll in certain courses will not only gain an understanding of the intricacies of the forex market, but they will also have the opportunity to network with experienced traders. Students will be able to learn from others who have more trading knowledge while gaining valuable hands-on experience.
- If an investor enrolls in a reputable education program, they will improve their chances of succeeding in the trading industry.
- If you have a solid understanding of all the many possible pair combinations, such as cross pairs, major pairs, exotic pairs, etc., you will reduce the likelihood of make mistakes when trading.
We have compiled a list of some of the best forex courses available online after researching their legitimacy to make sure none of them are a scam. We then took a closer look at variables such as price, customer service, course features, and availability of instructors to determine the best Forex trading classes in six distinct categories.
1.ForexSignals.com
ForexSignals.com offers its clients a multitude of resources, such as an in-depth training course, access to professional business tools, and ongoing expert coaching, all topped off with a risk-free seven-day trial. This is why we recommend ForexSignals.com as the best Forex trading course overall.
2. Traders Academy Club
Whether you are new to the Forex market or an experienced trader looking to take your skills to the next level, Traders Academy Club is the best Forex trading education you can get for just $297 per year.
3. FX Academy
FX Academy was created by a globally recognized Forex authority, written by highly acclaimed Forex traders, designed for traders of all experience levels, and, incredibly, it doesn’t cost a penny, making it our top pick as the best free option for a Forex trading class.
4. Six-digit capital
Six Figure Capital’s 14-day course packs a massive amount of information into its material without overwhelming you, making it our pick as the best crash course for learning to trade Forex. This course is best suited for beginner to intermediate traders who prefer a fully immersive experience in learning to trade.
5.Forex 101
The Forex Trading 101 course is designed to teach even complete novices how to successfully participate in the Forex market. The training can be completed entirely online and costs nothing. A video, written notes and follow-up quiz will be included in each course. This training will be divided into three distinct stages: “Beginner”, “Intermediate” and “Advanced”.
6. Forextradingcoach.com
The Successful Trader Course is an entirely online method that consists of numerous video lectures designed to be user-friendly for newcomers. It has a success rate of more than 3,000 students and offers a money-back guarantee if you do not achieve a 20% gain by following the material provided.
The training includes 15 video lessons, each of which can last from five minutes to ninety minutes. These videos begin with an introduction to forex trading and progress through a variety of trading strategies, tools and psychological considerations. Although Mitchem claims that this method can also be used for commodity trading, the films begin with an introduction to forex trading.
7. Mentor Forex Pro
Walton was able to trade profitably for a hedge fund and manage individual client accounts after being mentored by a seasoned trader. He founded Forex Mentor Pro in 2008 in response to the growing number of people seeking his advice as he progressed in his career. All three levels of the training program provide participants with video tutorials on three robust trading methods and access to a private discussion forum.
In conclusion, while you don’t have to take an online course to succeed as a trader, it can be worth going with an open mind and doing your research to find a credible provider that teaches the fundamentals and more advanced ideas of currency trading.