Best Online Forex Trading Classes.
Learn the basics or sharpen your skills with the best Forex trading classes.
Richard has more than 30 years of experience in the financial services industry as an advisor, managing director, and director of training and marketing, specializing in Finra exams, investing, and retirement planning. He has served as an editor or expert contributor for more than a dozen books, including Webvisor, Wealth Exposed, 5 Steps for Selecting the Best Financial Advisor, and The Retirement Bible. His personal finance column appears on the sites of more than 100 regional and community banks.
Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a wide range of accounting, corporate finance, taxes, lending, and personal finance areas.
Fernando Flores is an anti-money laundering specialist for Transnetwork and an international remittances payment aggregator. While completing his master's, he studied and Latin America, Asia Pacific, and North American economic development trends. He has published articles as a guest writer for the most influential English-language media outlet in Japan, The Japan Times.
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With its low capital requirements, ease of entry, and 24/7 accessibility, Forex trading has a strong appeal for anyone with a laptop looking to increase their income—as a part-time gig or as a full-time trader. While there is money to be made in Forex trading, it requires specialized knowledge and a lot of discipline, neither of which is easy to obtain. The good news is aspiring Forex traders can access dozens of online Forex trading classes, promising a learning path to profitable trading. The bad news is that Forex trading is not regulated in the way stock trading is, so it attracts many scammers.
A good Forex trading class is developed with successful traders' knowledge and experience and is typically offered as part of membership into their trading forum. Courses are typically self-paced and often include online videos, webinars, trading simulators, chat rooms, and access to mentors. When students feel ready, they can begin putting their knowledge into action through real trading.
In this roundup, we reviewed 15 of the top Forex trading classes, screening first for reputation to eliminate possible scam operations. We then took a closer look to compare such factors as costs, support, course features, and access to mentors to arrive at the best Forex trading classes in six different categories.
The 6 Best Online Forex Trading Classes of 2022.
Best Overall: ForexSignals.com Best Value: Traders Academy Club Best Comprehensive Course Offering: Asia Forex Mentor—One Core Program Best Free Option: Daily Forex FX Academy Best Crash Course: Six Figure Capital.
Investopedia offers its own stock trading class as part of the Investopedia Academy, but to maintain objectivity, we opted to exclude it from this roundup. If you are interested in this course, please visit the Investopedia Academy.
ForexSignals.com Traders Academy Club Asia Forex Mentor—One Core Program Daily Forex FX Academy Six Figure Capital.
Best Overall : ForexSignals.com.
ForexSignals.com is a fully comprehensive offering that includes an in-depth educational course, access to professional trading tools, and ongoing professional guidance, topped with a seven-day trial. That makes ForexSignals.com our pick for the best overall Forex trading class.
In-depth educational courses.
Access to mentors, proprietary trading tools, and live trading room.
Substantial membership discount for annual payment.
Free seven-day trial.
Mostly aimed at beginning or intermediate traders.
Monthly membership payment plan around twice as expensive as annual plan.
ForexSignals.com was founded in 2012 by Nick McDonald, a leading independent trader and financial educator with a global following. At its core, ForexSignals is a hub for knowledge and learning in the Forex industry. Besides providing standout courses, it relies heavily on best-in-class trading tools, a close-knit trading community, and mentoring by top trading pros to round out what we believe to be the best overall Forex trading class.
The goal of ForexSignals.com is to teach its students how to trade using their methods for identifying trends and generating signals. That knowledge and training are reinforced by the professional traders who trade on the same information they are teaching. The formula appears to be working. The community trading room has grown to more than 500,000 members, and its YouTube channel has over 340,000 subscribers.
The first stop for new traders is the trading academy educational courses delivered by highly experienced professional Forex traders. There are over 350 videos. The content starts with the basics and gradually advances to the technical aspects of trading.
To reinforce their learning, students have access to the Trading Room, which functions as a chat room to share ideas and showcase trading strategies. Also, students are able to follow live-streamed trading sessions of the professional traders. Membership also includes access to several proprietary trading tools, including the Profit Calculator and the Monte Carlo Simulator.
The Apprentice membership is a monthly plan costing $116 a month (with steep discounts often available) and includes Trading Room access, access to the Pro trading video academy, daily live trading sessions, live interactive workshops, access to pro trading tools, and more. The Commited package goes for $222 charged every six months. It adds direction from mentors, brokerage access, and a one-on-one session with a mentor. For $312 annually, there's also a Professional package that adds a direct line to mentors. All packages offer a free seven-day trial.