Have you been looking to sharpen your skills and knowledge in forex trading? With the forex market being one of the largest and most liquid financial markets in the world, it's crucial to have the right education and guidance to succeed.
There are countless forex trading courses available online, but not all of them are created equal. Finding the best forex trading course can be a pain, especially for beginners. It's important to choose a course that is comprehensive, reputable, and taught by experienced professionals.
In this article, we'll explores the best courses to help you improve your trading skills and key factors to consider when choosing a forex trading course.
Quick Look: Best Online Forex Trading Courses
- Best For Most Comprehensive Course: One Core by Asia Forex Mentor
- Best For Ongoing Support: The Forex Trading Coach
- Best For Overall Trading Education: Simpler Trader
- Best For Versatility: Forex 101
- Best For Beginners and Intermediate Traders: Udemy
- Best For Beginners Who Want to Create Their Own Algorithms: Zen Trading Strategies
Best Forex Trading Courses Online
We've reviewed some of our forex courses as well as some helpful hints to ensure you're not wasting your time and money.
1. Best For Most Comprehensive Course: One Core by Asia Forex Mentor
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 and 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.
Why We Love It: The One Core Program is considered one of the best forex trading courses around. One of the modules that are highly raved is the Road to Millions formula which 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.
Price: A one-time, upfront fee of $2,497 for lifetime access, or $2,697 after a 7-day free trial, also for lifetime access.
Pros
- Comprehensive and in depth training
- 7 day free trial
- Combination of theory and trading platform visualization within videos
- Videos cover all essential components of forex trading
Cons
- Can be pricier than other options
- Lacks content in some trading strategies
2. Best for Ongoing Support: The Forex Trading Coach by Andrew Mitchem
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. However, the course often sells out and has limited access.
Why We Love It: The Forex Trading Coach offers a clear, practical approach to forex trading with well-structured lessons, live webinars and strong support. Ideal for both beginners and experienced traders, the course aims to improve trading consistency and profitability, making it a solid choice for those serious about forex.
Price: Varies on bundle
Pros
- Videos on risk elimination and “Reward: Risk” strategy
- Personalized trading method
- Help developing your trading identity
- Training in a demo account
- You'll learn how to quickly transform trading into a proper business
Cons
- Webinar timings vary and may be not favorable to all global participants
- Price may be high for beginners
3. Best For Overall Trading Education: Simpler Trading
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.
Why We Love It: Simpler Trading by Raghee Horner provides clear, actionable strategies for traders looking to navigate the complexities of the market with confidence. Raghee’s straightforward approach and extensive market knowledge make her lessons accessible and effective for traders of all levels.
Price: Try it out for just $7. Otherwise it's $247 per month or $679 a quarter
Pros
- Intuitive app for mobile devices
- An array of courses and tools
- One week trial period available
- Numerous membership fee structures
- Suitable for beginner and advanced traders
Cons
- Has some negative reviews from users
- Selecting the best membership or course can be confusing
4. Best For Versatility: Forex 101
Forex 101 from Benzinga courses a versatile and comprehensive forex trading course. 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 retracement. 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.
Price: $54.99
Pros
- 9 hours of on demand video
- Engaging instructors
- Full lifetime access to the course
- Suitable for beginners and advanced traders
- Real world trade examples
Cons
- Lack of user testimonials
- The course is more beginner-focused
5. Best For Beginners and Intermediate Traders Who Want a Solid Foundation: Udemy
When you want to learn how to trade forex effectively, you can study with Udemy. Udemy is a platform that allows you to study almost anything you like, and there are courses intended just for forex traders. Start from the beginning so that you can learn how foreign currencies work, how to monitor the markets, which currencies to buy, how to turn a profit and how to invest for the future.
Why We Love It: This course provides a comprehensive understanding of the forex market, covering the differences between base and quoted currencies, how to choose a broker, and the mechanics of short selling and leverage. You'll learn key forex terminology, various order types, and the three types of Forex analysis: fundamental, technical, and sentiment. Additionally, you'll become proficient in using the MetaTrader 4 platform, understand risk management basics, and receive a discounted bonus coupon for the next course.
Price: $139.99
Pros
- Numerous course options
- Cost-effective
- Easy to use
- Suitable for beginner to intermediate traders
- Hands on exercises
Cons
- Not as comprehensive as other options
- No ongoing community support
6. Best For Beginners Who Want to Create Their Own Algorithms: Zen Trading Strategies
- Best For:Swing TradersVIEW PROS & CONS:securely through Zen Trading Strategy Indicators's website
The Zen Trading Strategies Masters Course in Automated Algorithmic Trading provides you with the exact processes, methods, beliefs, tools, and automation to create the opportunity for financial and lifestyle freedom. You don’t need any programming knowledge to start.
Why We Love It: The Zen Trading Strategies Forex Trading Course offers a unique blend of mindfulness and market analysis, helping traders develop a calm, disciplined approach to forex trading. Through practical techniques and strategies, participants learn to navigate the market with confidence and clarity, enhancing both their trading skills and overall mindset.
Price: $597.00
Pros
- Learning automated trades
- Community support
- Easy to understand for beginners
- Customizable trading scripts to use in any financial market
Cons
- Subscription fees for advanced features
- May require a steep learning curve for beginners
How to Choose the Best Forex Trading Course
Most online forex courses will offer their own unique way of presenting lessons, language choices, or “gimmicks.” However, no matter which one you choose, it’s important to remember that they just want to attract their targeted audience. Every forex trader course is different.
If you need a trading course for beginners, there should be valuable tools that help you invest with confidence now and down the line. The best forex courses all share these common characteristics:
The instructor Keeps the Material Fun and Engaging
A forex trading course isn’t much good to you if you’re bored, disengaged, or confused. 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. Read through forex trading course reviews to learn what students thought of the content. Because everyone is trying to make money and change their life, you will find very honest opinions in the review section.
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. No one can teach fx if they don’t have a quality interface, videos, charts, etc. This is especially true when learning forex for beginners—any courses with gaps in the information or presentation could serve to confuse or mislead you.
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.
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.
A quality teacher knows how to use all learning styles in a single lecture, weaving instruction from one learning style to the next. Because nobody uses just one learning style, you want to know that the instructor is skilled enough to reach you without having ever met you.
Chat rooms and mentorships create a range of learning styles, often providing willing resources after the course concludes. Sometimes, you learn the broad strokes of online forex trading in the course only to supplement your learning in the chat room or through mentorship.
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. Remember, the best forex traders are not always good teachers. Choose a course and forex mentor with care.
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? Whether you pay for online trading classes or access them for free, professional presentation gives you confidence that the information you see and hear is correct and actionable.
Featured Offerings
- Best For:Earning Cashback on TradesVIEW PROS & CONS:securely through Forex.com's website
- Best For:Active and Global TradersVIEW PROS & CONS:Securely through Interactive Brokers’ website
Dive Deep into Your Forex Education Today
Forex traders need to be constantly aware of changes in the markets. More so than any other market, forex trading 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?
Check out this crash course in forex trading or follow our forex trading breaking news feed to get a grasp on the global economy before you buy.
Frequently Asked Questions
Can I learn forex on my own?
It is possible to learn Forex on your own, but it is still a good idea to get some help from professionals. There are many online sources and forums where you can get advice from experienced traders.
Is it challenging to learn forex trading?
Forex trading for beginners is extremely difficult, it will require time each day to keep up with the latest market trends, new strategy and all the materials that are required. All in all, it’s not something someone can do in a week, it may require months, and sometimes even several years.
How best can I learn forex trading?
The best and most effective way to learn forex trading is by seeking help from reputable sources. You can take courses, read books, join forex communities, and get mentorship from FX professionals.
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About Sarah Horvath
Sarah is an expert in the insurance, investing for retirement and cryptocurrency space.