Best Forex Trading Course Review 2021
Are you tired of making trades blindly and losing money? Are you looking to improve your knowledge on forex trading to potentially maximize your profits? Well, look no further as we have done the research and compiled a list of the best forex trading courses available online. This comprehensive review article should help guide you towards the best forex trading course for your needs.
What to Look for in a Forex Trading Course
Before diving into the list of the best forex trading courses available, it's essential to know what you should be looking for. Make sure to take the following factors into account when searching for the best forex trading course that suits you best:
- Expertise of Instructor or Institution: Look for a course that is taught by a professional in the forex trading industry with an impressive track record of successful trades.
- Type of Trading Style Taught: Consider the type of trading style you want to learn, whether it be day trading, scalping, swing trading, or position trading, and ensure the course teaches the style that suits your preference.
- Teaching Material: Check if the course offers innovative and insightful learning material, including instructional videos, written materials, and quizzes or tests to reinforce what you've learned.
- Cost and Access Options: Get the most out of your investment by choosing a course with several access options for all budgets, ensuring you receive adequate instructional materials no matter how much you pay.
Now that you're aware of what to look for in your hunt for the best forex trading course, let's take a closer look at the best forex trading courses available in 2021.
1. ForexSignals
One of the best-reviewed forex trading courses on the market today is ForexSignals. ForexSignals is an online community of experienced forex traders, traders around the world, and professional forex trading instructors. The course offers a one-month trial with various membership options after the trial period, starting from $147 per month, depending on the package you choose.
The platform provides daily webinars, forex trading signals, and analysis for their members. They provide trading signals and analysis for forex trading strategies, including day trading, swing trading, and position trading, ensuring you get a range of expertise level in forex trading. Additionally, they offer an interactive community of successful traders who are willing to help guide you through the trading process.
The ForexSignals course offers its members technical analysis tools, trading plans, and trading coaching. Members can interact with instructors and other traders on the platform through chat rooms and forums and receive weekly report cards detailing what trades they were successful at and where they went wrong. Overall, the ForexSignals course comes highly recommended as a beginner-friendly course for traders looking to improve their forex trades.
2. Forex Trading A-Z™ - With LIVE Examples of Forex Trading
Another course that comes highly recommended is Forex Trading A-Z™ - With LIVE Examples of Forex Trading on Udemy. With over 18.5 hours of on-demand video content, this course is comprehensive and covers all aspects of forex trading from beginner concepts to more advanced techniques. The course is taught by Kirill Eremenko and the ForexBoat Team, two experts with over a decade of experience in forex trading.
The Forex Trading A-Z™ course costs $199.99 but is currently on sale for $12.99 at the time this article was written. The course comes with lifetime access, 30 articles, and over 1,891 5-star reviews to back up the course's effectiveness.
One of the great things about Forex Trading A-Z™ course is the course’s unique emphasis on live trading examples, enabling you to apply your knowledge practically. The course also provides various tools and trading strategies, including moving averages, support, and resistance levels, and trading psychology. The main downside of the course is the course's vast scope, making it hard to focus on one particular trading style. However, the course serves as a good starting point to explore different trading styles and techniques.
3. Warrior Trading - Beginner Forex Course
For beginner forex traders looking to take their skills to the next level, Warrior Trading – Beginner Forex Course is highly recommended. The course offers a beginner introduction to forex trading, available on-demand with a one-time fixed fee of $997. The course has impressive credentials with over 200,000 registered members and a 4.4-star rating on Trustpilot.
The Warrior Trading – Beginner Forex Course covers trading psychology, technical analysis, and risk management. The course also includes eight hours of video tutorials and trading tools to aid your trading strategies. Additionally, the course offers access to a trading community with real traders enabling users to engage and learn from experienced traders.
Compared to other beginner courses available, Warrior Trading – Beginner Forex Course is more expensive, but with its proven track record, it is worth the investment. The course provides practical advice and tools that can be applied immediately to enhance your trading skills.
4. Babypips - Forex Trading for Beginners
Babypips is a free forex course aimed at complete beginners. Babypips provides guidance and resources to novice traders to understand the basics of forex trading. The course offers a comprehensive curriculum with several modules categorizing different aspects of forex trading under beginner, intermediate, and advanced sections. The course has an impressive user base, with over 1.5 million students and positive reviews online.
Although the course is free, several users have experienced frustration with the platform's outdated content. The course focuses more on theoretical concepts without providing practical examples and exercises to reinforce knowledge. However, as a complete beginner, Babypips provides the necessary stepping stones to start trading effectively and can be a good starting point to explore other paid course options.
5. The Complete Forex Trading Course
The Complete Forex Trading Course on Udemy is a popular course taught by Adam Khoo, one of the best online forex trading instructors worldwide, boasting over 300,000 students. The course incorporates the key aspects of forex trading, including technical analysis, fundamental analysis, and trading psychology.
The Complete Forex Trading Course comprises over 30 hours of on-demand video content and over 20 supplemental resources, including downloadable trading strategies and tools designed to enhance your trading skills. The course costs $199.99 but, like many Udemy courses, often has sales, making it relatively affordable compared to several other courses available online.
The Complete Forex Trading Course offers traders a step-by-step approach to effective trading, making it an excellent course for beginners learning the ropes of forex trading. The course also helps users to develop a trading plan tailored to their trading style and goals.
Conclusion
Forex trading can be a challenge if you don't have the proper knowledge and skills. Thus, opting for the best forex trading course could be your best bet to enhance your trading skills and maximize your forex trading gains. Consider our top picks for the best forex trading courses; Forex Signals, Forex Trading A-Z™ - With LIVE Examples of Forex Trading, Warrior Trading - Beginner Forex Course, Babypips - Forex Trading for Beginners, and The Complete Forex Trading Course. Ensure you assess each course's suitability for your trading style and experience level before signing up.
As with any investment, make sure to do your due diligence when it comes to selecting the best forex trading course for you. Hopefully, this article has shed some light on what to expect when searching for the best forex trading course and made it easier for you to find one that fits your needs. Start your trading journey today and take the necessary steps to improve your trading skills by investing in a high-quality forex trading course that will see you increase your profits in no time.