Top 8 Forex Trading Courses to Empower Your Trading Skills
Best Forex Trading Courses:
ForexSignals — teaches you everything you need to know about the Forex market;
Learn2Trade — teaches a massive quantity of information in just three days;
Udemy — Forex Trading A-Z — teaches the basics of Forex trading;
The Traders Academy Club course — created for both beginner and experienced Forex traders;
Six Figure Capital — teaches beginner and intermediate Forex traders in 14 days.
Succeeding in the complex world of currency trading requires knowledge and skill. This makes Forex education crucial for traders looking to enter the market. There is a vast range of Forex trading courses available, from free introductory programs to comprehensive paid courses costing thousands.
This article provides an invaluable guide to the top Forex trading courses for beginner, intermediate, and experienced traders. It offers insightful overviews of eight highly-rated courses, including details on features, pros and cons, suitability, and pricing.
Additionally, the article shares useful tips on choosing a course, explores whether Forex education is advisable, and suggests alternative learning options.
Top 8 Best Courses To Learn Forex Trading
| Course | Cost | Duration | Platform |
|---|---|---|---|
ForexSignals |
$97/month |
As long as you pay for the subscription |
MetaTrader 4/5 |
Udemy Forex Trading A-ZTM - With Live Examples of Forex Trading |
$89.99, but it is sometimes on sale for $12.99 |
It contains 5.5 hours of video content |
MetaTrader 4 |
Traders Academy Club |
$297/year |
As long as you pay for the subscription |
MetaTrader 4 |
Six Figure Capital |
12 monthly payments of £97 or a one-time fee of £800 |
14 days |
MetaTrader 4 |
Asia Forex Mentor-One Core Program |
$997 |
Lifetime access to the included materials |
MetaTrader 4 |
Zen Trading Strategies |
$599/year or $67/month for each strategy or indicator |
As long as you pay for the subscription |
Tradeview |
Learn to Trade Forex |
Between £2,000 and £3,000 |
Three days |
SmartCharts |
FX Academy |
Free |
Lifetime access to the included materials |
MetaTrader 4 |
Best forex trading courses: ForexSignals
ForexSignals is a course that teaches you everything you need to know about the Forex market. It also teaches Forex trading strategies and gives you access to valuable learning materials. It is most suitable for beginners and everyone who wants to learn more about Forex trading.
This course mainly focuses on teaching three Forex trading strategies: the Naked Trading Strategy, the FX Propulsion Strategy, and the Trend SurfingStrategy. But it isn’t limited to these three alone. The mentors who teach this course also teach other successful strategies they use.
The price of the course varies depending upon the membership plan you choose. The Professional plan costs $564 billed every 18 months, the equivalent of $31.33/month. The Committed plan allows you to purchase the course for $297/6 months, the equivalent of $49.50/month. The Apprentice plan costs $97/month and is billed monthly. Also, there is a 7-day free trial.
👍 Pros
• It offers a decent value for the price
• Experienced mentors teach it
• It contains many helpful videos and other types of materials
• You get access to live trading sessions
• You receive a significant discount when purchasing the course for a longer-term
• It offers a 7-day free trial
• There is a 7-day money-back guarantee
👎 Cons
• Although the course’s name contains “signals,” the course participants do not receive trading signals too often.
This course is designed for people who understand that continuous Forex learning is essential for becoming successful Forex traders.
Forex Education: Learn to Trade Forex
The Learn to Trade Forex course was created in 2003 by Greg Secker, a successful trader, and it has taught a large number of students the secrets of Forex trading.
The course is a very intensive one that teaches a massive quantity of information in just three days. The first two days include theoretical lessons taught by experienced mentors. On the third day, you practice everything you have learned during the first two days by executing trades with your brokerage account with your money under the tutors' guidance.
The price of this course is not available online, but only on application, and it is considered to be between £2,000-£3,000.
👍 Pros
• One to one mentorship
• It teaches time tested strategies that work
• It is an intensive training
• You are guided by professionals while trading
👎 Cons
• Hidden costs
• The course might be too intensive for some people
• The £2,000-£3,000 price makes it too expensive for some people
This course is most suitable for intermediate traders who are comfortable going through such intensive training in only three days.
Udemy Forex Trading School – Forex Trading A-Z– With Live Examples of Forex Trading
Suppose you are a beginner Forex trader or are thinking about starting Forex trading, and you want to take a course that is inexpensive and offers an excellent value for your money. In that case, the Udemy - Forex Trading A-Z - With Live Examples of Forex Trading might be a perfect fit for you.
This course teaches the basics of Forex trading, such as the terminology and a few trading tips and strategies through tens of comprehensive videos about these topics. Some videos include recorded trading sessions.
The price of this course is usually $89.99 for lifetime access to all the materials included, but it is sometimes on sale for $12.99
👍 Pros
• Offers an excellent value for the price
• Explains most topics beginner Forex traders should learn
• It contains 5.5 hours of video content
• The clients will receive a certificate of completion when they finish it
• Access to future materials that are added sometimes
• There is a 30-day money-back guarantee
• Recorded trading sessions
👎 Cons
• It does not contain live trading sessions
• It is a course you have to go through yourself
You should take this course to receive lifetime access to comprehensive materials for a great price. Also, this course would be more suitable for people who are comfortable learning by themselves without a teacher to guide them.
Learn Forex Trading with Traders Academy Club
The Traders Academy Club course is created for both beginner and experienced Forex traders. The Traders Academy Club helps its beginner students to understand the basics of Forex trading and assists experienced traders to acquire more knowledge, tips, and strategies.
The course creator is Vladimir Ribacov, an experienced trader with over 12 years of trading experience.
The Traders Academy Club contains live trading room sessions twice a day, powerful trading tools, hundreds of valuable videos, eBooks, daily trading reports and signals, and a live chat room to interact with other traders.
The Traders Academy Club course is $297 per year.
👍 Pros
• Daily live trading webinars during the American and European trading hours where the experts explain the strategies they use and share the results.
• The webinars are recorded and could be watched later if you did not watch them live
• You get access to many trading signals that guide you in your trading activity
• It offers an incredible value for the money it costs
• You are walked through the course by experienced traders
👎 Cons
• There could be some hidden costs for some tools used in this course
Overall, the Traders Academy Club is a course that offers plenty of value, and its price is justified. If you want to have access to live trading sessions, receive signals, and have the opportunity to learn from more experienced traders, all of this for a reasonable price, the Traders Academy Club course is for you.
Six-Figure Capital Forex Trading School
The Six Figure Capital course teaches beginner and intermediate Forex traders a massive amount of information in 14 days. It consists of 20 videos, live trading sessions, ebooks, spreadsheets, and other bonuses.
This course could be purchased with a one-time payment of £800 or 12 monthly payments of £97.
Although this is a 14-day course, the students receive lifetime access to the included materials.
👍 Pros
• It is a comprehensive course that teaches most things you should know about Forex trading
• Lifetime access to the included materials at no additional costs
• Live trading sessions
• A chat room to interact with fellow traders
• The payment plans are pretty flexible
👎 Cons
• There is no free trial available
Overall, this is a very comprehensive course that offers excellent value and teaches almost everything a Forex trader should know in a structured way. You should choose this course to learn everything about Forex trading efficiently as quickly as possible and receive access to valuable materials.
Learn Forex Trading: Asia Forex Mentor – One Core Program
The Asia Forex Mentor – One Core Program is a Forex trading course that teaches you how to trade read charts, improve your trading skills, and use different strategies.
The Asia Forex Mentor – One Core Program is taught by Ezekiel Chew, who is a successful trader with over 20 years of experience.
There are a few big claims on the course’s website, but they could be justified because this comprehensive course consists of 26 in-depth video lessons containing proven strategies taught by a world-renowned Forex trader.
The course comes for $997 and gives lifetime access to the lessons that are taught.
👍 Pros
• A very comprehensive course that teaches all the topics a Forex trader should know
• The course is taught by an experienced trader
• There is a five-lesson free trial available
👎 Cons
• You have to pay an additional $118/month or $1200/year to have access to live lessons and weekly market analysis where Ezekiel shares more trading secrets
The Asia Forex Mentor – One Core Program is a great learning resource for people looking for an in-depth course taught by a world-renowned Forex trader. You should choose this course if live trading sessions are unimportant for you or you have no problem paying extra for them.
Zen Trading Strategies
Zen Trading Strategies offers a subscription service where you get access to expertly crafted trading algorithms. You can choose between monthly and yearly payment plans. A monthly subscription costs $67 for each strategy or indicator, while an upfront annual payment comes to $599, averaging about $50 per month. Note that strategy and indicator subscriptions bill separately. If you need both, you'll pay for two subscriptions. Strategies offered include:
Ultimate Trend Following focuses on capturing market trends for those who prefer a trend-following approach.
FX Propulsion Strategy zeroes in on market shifts influenced by news events or other significant triggers.
Naked Trading Strategy relies solely on price action, steering clear of indicators or oscillators.
Trend Surfing Strategy seeks to gain from short-lived market trends.
The course is suitable for both newcomers and seasoned traders interested in algorithmic trading. It features a robust platform with algorithm-based signals and an active community. You can engage with other traders, exchange strategies, and get advice from experienced members.
👍 Pros
•Four adaptable trading strategies, updated regularly
•Endless backtesting and real-time performance tracking
•Indicators for automated orders on live exchanges
•Comprehensive course on automated trading
•Educational resources for traders at every level
•Optional VPS alerts to avoid server downtime
•Trading consultancy for expert advice
•Access to seasoned mentors for queries and guidance
•Strategies designed to reduce guesswork and emotional trading
•A 7-day free trial to test the waters
👎 Cons
•Focuses solely on algorithmic trading, not for everyone
•Slow customer support
•Only compatible with the Tradeview platform
•No refunds offered
The platform fosters a communal learning environment where traders can share experiences and insights.
Learn Forex Trading FX Academy
The FX Academy course is one of the best free Forex trading courses out there. It was created by Huzefa Hamid, a Forex trader with years of experience under his belt.
The X Academy course is taught through many videos and articles that explain essential topics related to Forex trading.
👍 Pros
• The course is free
• It has everything a beginner Forex trader should know in one place
👎 Cons
• It is not an advanced course that offers live trading sessions or other high-end features, but it is a fantastic course for beginners
The FX Academy course is a priceless resource for anyone who wants to start Forex trading and wants to learn its basics. If you are a beginner Forex trader, this course should be a no-brainer for you. After completing the FX Academy course, you might consider taking other classes as well.
Best Forex Brokers Free Education Programs
Reputable online Forex brokers are a great place to find free courses that teach the Forex trading fundamentals. Here are a few of the best free educational programs offered by reputable Forex brokers:
Tickmill Free Course
Tickmill offers a suite of free, accredited courses developed in partnership with the Knightsbridge Trading Academy and the London Stock Exchange Group Academy. These courses are designed to elevate your trading skills and come with the added benefit of certification upon successful completion.
The course lineup includes "Introduction to the Financial Markets," "Master Trader Programme," and a "CISI & CPD Accredited Online Trading Programme." To enroll in these courses at no cost, you need to maintain an active CFD or ETD account with Tickmill UK Ltd. One of the great features of Tickmill's educational offerings is the flexibility it provides. You can choose a course that matches your experience level and go through the material at your own speed, with the option to replay and rewatch as needed.
Exness
Exness provides a range of free trading courses tailored to meet the needs of both beginners and intermediate traders. The platform offers three primary courses that focus on various aspects of trading. The first course, designed specifically for newcomers, is "How Trading Works." It delves into the basics of buying and selling, and teaches you how to interpret charts among other essential skills. For those with some trading experience, Exness offers two intermediate courses.
One is an extended version of "How Trading Works," where you'll get a deeper understanding of chart usage and trading mechanics. The other intermediate course is "Managing Risk: The Basics," which aims to equip traders with the skills to mitigate risk and uncertainty, thereby extending their longevity in the volatile trading market. This holistic educational approach ensures that traders at different skill levels can find value and grow their expertise.
RoboForex
RoboForex offers an invaluable resource for traders through its collection of educational videos housed in the Analytics Center. These video tutorials are particularly beneficial for beginners, covering a wide range of topics such as the fundamentals of trading in financial markets, technical and fundamental analysis, trading psychology, and risk management. The videos aim to provide a comprehensive yet easily digestible form of education, taking advantage of the medium's power to enhance learning and retention.
Access to these educational videos is entirely free; simply log in to your Members Area and navigate to the "Education" section within the RoboForex Analytics Center. Whether you're new to trading or looking to refresh your knowledge, these videos offer a convenient and effective way to improve your skills.
Zero to Hero: Learn to trade in 20 days by Admiral Markets
This is a 20 days course offered by the Admiral Markets broker. The Zero to Hero: Learn to trade in 20 days course teaches the basic terms and strategies any beginner trader must know. This course also teaches you how to implement that knowledge in practice. A huge plus of this free course is that it offers a live session.
Introduction to the FX Market by Interactive Brokers
The Introduction to the FX Market course is characterized as a beginner one. It teaches how the Forex market works and shares a few trading tips. This course consists of four video lessons and quizzes for every lesson.
Education resources from the Forex.com broker’s website
The Forex.com broker has an “Education” section on its website that includes countless articles about Forex trading. Technically, it is not a course, but those articles are extremely informative.
Those articles explain different topics related to Forex trading and teach you about different strategies you could use. Also, there are a few videos that explain how to use a trading platform. Overall, it is a fantastic free resource that covers anything related to Forex trading.
Forex Trading Schools – How to Choose?
Choosing the right Forex trading course is the first step you need to take to increase your success rate. Here is a list of tips that will guide you in choosing the right trading course:
1. Choose a course that has all the features you want
Not all the Forex trading courses are created the same. They all offer different features, so you should choose a course that contains all the features you need if you want to receive satisfaction from that course. If you want a course that offers live trading sessions and the course you chose does not have that feature, you might not derive as much satisfaction from it.
2. Choose a course that offers excellent value for the money
You should choose a course that offers as many features as possible for the price. There are plenty of trading courses out there that do just this.
3. Choose a course you can afford
If you are a beginner trader, you should choose a course that you can easily afford and has a money-back guarantee. Choosing a course you can not afford and which does not have a money-back guarantee and paying for it with a credit card is not a great choice at all.
4. Do not buy a course with excessively bold claims
No trading professional will promise you a 100% guaranteed success rate or that you will become an overnight millionaire if you purchase their course. Of course, going through good trading courses increases your chance of success, but none of them can guarantee this. If you see a course that has unrealistic claims, it could be a scam and should be avoided at all costs.
5. Read reviews from previous students
Reading testimonials from previous students gives you a better understanding of how valuable that course is and how much it might help you. If you see a course that has too many low-star reviews, it is recommended that you avoid that course.
6. Choose a free course that offers excellent features
This tip applies to beginners or people who are thinking about starting Forex trading. If you do not want to purchase a course at the moment, there are plenty of free courses available that will teach you a lot.
An excellent free course is a starting point in your trading career, but you must purchase a more advanced course to develop better trading skills.
Should I Learn Forex?
Absolutely, learning Forex trading can be a game-changer for anyone interested in the financial markets. With Forex being the largest financial market in the world, understanding its nuances can offer you various opportunities to grow your capital. The knowledge you gain will arm you with the tools you need to navigate the complex world of currency trading, a market that never sleeps.
Maximizing Benefits from a Forex Course
Start with the basics. Before diving into advanced strategies, make sure you have a strong grasp of the fundamentals. Understand terms like pips, lots, and leverage. A good course will build your knowledge from the ground up.
Apply what you learn. Theoretical knowledge needs practical application. Use risk-free demo accounts to practice the strategies you learn in the course. This helps you understand real-world applications without risking your capital.
Engage with the community. Most courses offer community platforms. Use these to interact with other traders. You can share your experiences, ask for advice, and even collaborate on new strategies.
Track your performance. Always keep records of your trades, both successful and unsuccessful ones. This not only helps you learn from your mistakes but also allows you to understand your trading habits.
Consult the experts. Many courses offer access to experienced traders for mentorship. Make use of this feature. Their insights can provide shortcuts to what would otherwise be a long learning curve.
Alternative Learning Options
Demo accounts. Before you start trading with real money, use demo accounts to practice. This will help you understand trading dynamics without financial risks.
Prop firm challenges. Some proprietary trading firms host challenges for aspiring traders. Winners often receive funded accounts. This is a great way to learn and earn simultaneously.
Free online resources. There are countless blogs, YouTube channels, and eBooks that offer free but valuable insights into Forex trading. These can be a good supplement to your formal education.
Trading simulators. These tools mimic real-world market conditions and help you practice trading in a risk-free environment.
Social trading platforms. These platforms allow you to follow and copy the trades of experienced traders. While not a replacement for a comprehensive education, they do offer a unique, hands-on learning experience.
By committing to learn Forex, you're making an investment in your financial future. Whether you opt for a structured course, learn by doing, or a combination of both, the key is to be consistent and proactive in your learning journey.
Our Methodology for Picking Top Forex Courses
To whittle down the long list of options and identify the truly elite programs, we evaluated courses based on the following criteria:
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Instructor Experience - We favored programs taught by instructors with an extensive history in Forex trading and demonstrated success over many market cycles. Their first-hand experience is invaluable for students
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Breadth of Curriculum - The best courses offer comprehensive education, explaining core concepts along with multiple trading strategies and techniques. We looked for well-rounded curriculums
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Learning Process - While paper-based courses remain effective, we gave preference to programs leveraging innovations like videos, quizzes, and live sessions to enhance engagement for modern students
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Student Reviews - Particularly helpful were recent testimonials about what students gained, problem areas encountered, and how issues were addressed. Positive reviews were an important sign of quality
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Value for Money - Cost was considered relative to the education hours provided, extra learning materials, ongoing support, and other value-adds. Competitive prices scored highly
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Flexibility - Schedules, payment options, and content access policies varied between programs. We favored flexibility to suit differing student needs and budgets
We're confident our selections will help many begin their trading journeys off on the right foot.
Summary
The Forex market is very competitive, and only the best traders become successful. Choosing a good Forex trading course is essential because it provides the tools to develop your trading skills and lower the chance of you losing money.
Remember, a good course teaches you what you should know when trading, but it does not 100% guarantee that you will become an overnight millionaire. It is your responsibility to implement that knowledge effectively.
FAQs
Are the most expensive Forex trading courses worth it?
Not always, but some pricey courses are worth it.
Should I choose a free Forex trading course?
If you are a beginner and it is a good free course, you should choose it.
Can I become a successful Forex trader without taking any courses?
It is impossible to become a successful Forex trader without Forex education. Having intensive Forex education is mandatory for increasing the chances of becoming a successful trader.
Does an expensive course increase the chances of becoming a successful Forex trader?
As you have discovered earlier, not all expensive Forex trading courses are worth it. But those that are worth it could increase the chances of becoming a successful Forex trader if you study them carefully.
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.
He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
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Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.