Best Forex Training Courses
We have put together categories for the best forex training courses. We have split up training into the following groups:
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Paid Forex Training
You've got to spend money to make money. In any line of work, coaching and mentoring from experts in the field will always cost you money. Forex trading is no different and we have gathered what we think are the best online training courses and listed them below. To be transparent, we didn't go and purchase these courses because it would cost too much money. However, we have thoroughly researched each coache's credentials, track record and reviews from around the web and feel confident that they are the real deal.
Learn To Trade The Market - Nial Fuller
As far as credentials go, we couldn't find anyone with more fuel than Nial. The winner of a million dollar forex trading competition in 2016 give Nial the ultimate bragging rights amongst the online forex mentor community.
His website is updated regularly with new posts, analysis and advice. His social media accounts are very active as well and he's been teaching since 2008.
His course is very reasonably priced as well as it's a one time fee of $499 USD. Sometimes it's on special for half the price. It surely doesn't get any better than this.
The Forex Trading Coach - Andrew Mitchem
A Kiwi (person from New Zealand!) trader who has been a guest speaker at the 2016 iFX Expo in Hong Kong. His website is full of helpful information, regularly updated and he comes across as a very down to earth person.
Has over 200 video / podcasts and counting, featured on many major forex publications and offers a free eBook for download.
Main coaching product is an online video course but there is no pricing information or a purchase option on the site. Instead, Andrew wants you to contact him via a form and let him know what you are looking for in a course or what problems you are facing with your trading. He will advise you personally whether he feels his course can help you out.
Free Forex Training
Forex trading has basic principles that all good traders follow, and these are typically covered in free courses provided by the forex brokers themselves. After all, most forex brokers want you to profit since they earn their commission not on how much you win or lose but on how much volume you trade. So a winning trader is good for the brokers.
The online course is available for all clients (including demo account holders) hence we have it listed here in the free section. You will learn about:
- The basics of Forex Theory
- The Basics of Forex Trading
- Reading and Interpreting Charts
- Trading Strategies
- The Right Trading Psychology
- Technical Analysis
HotForex Video Tutorials
This video series is comprehensive and one of the best free resources available online. The video series is broken up into the following categories:
- Beginner's Course
- Trading Tools
- MT4 Tutorials
- Trading Strategies
- Commodities and Futures Contracts
- CFDs and Stocks
DeckchairTrader.com - Tim Titchmarsh
Tim is a forex trader & trainer who runs his own forex training site. He has 6 lessons titled "Introduction to Forex Trading - Understanding the basics" which is available free of charge. I have found them to be thorough and an excellent introduction for new traders.