Best Forex Trading Course

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Contributor, Benzinga
November 22, 2022

With the rise of globalization and interconnectivity, the forex markets have become increasingly popular among investors looking for an alternative to the traditional stock markets. Forex trading is complicated, but it can give you huge gains if done right. However, you should first learn from a reputable forex trading course before putting any real money at risk. Go beyond the best forex trading books to find an interactive, modern take on the global currency market.

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Quick look: Best Forex Trading Courses

6 Best Forex Trading Course Options

Online courses are a great way to learn forex trading. However, which ones are worth your time and effort? We've reviewed some of our favorites as well as some helpful hints to ensure you're not wasting your time and money.

1. 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.

How does she consistently catch the strongest trends? With her step-by-step trend following formula and her proprietary tools. They allow her to get in during the earliest stages and extract extraordinary gains like: 165 pips in the AUDUSD ($1,650 per contract), 1000 pips in the AUDJPY ($9,200 per contract), and 284 pips in the EURUSD ($2,840 per contract).

Consistent results like that are almost unheard of. And that’s why Raghee decided to distill her system into a self-paced online training called Forex 101. Now even beginners can discover how to take advantage of these strong trends.

Best For: Overall trading for all levels

Benefits:

  • 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

Price: Limited Time Offer

Click HERE To Get Instant Access

  • securely through Simpler Trading's website
    securely through Simpler Trading's website
    Best For:
    Market Analysis
    Rating:

2. Forex 101

Forex 101 from Benzinga courses is the most versatile, comprehensive forex trading platform on the market. 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 retracements. 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.

Best For: Versatility for all trading levels

Benefits:

  • 9 hours of on demand video
  • Engaging instructors
  • Full lifetime access to the course
  • Suitable for beginners and advanced traders
  • Real world trade examples

Price: On Sale

Click HERE To Get Instant Access

  • securely through Benzinga Stock Course's website
    securely through Benzinga Stock Course's website
    Best For:
    Learning Stocks
    Rating:

3. 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.

Ezekiel is considered one of the top forex traders around who actually care about giving back to the community. He makes six figures a trade in his own trading and behind the scenes, Ezekiel trains the traders who work in banks, fund management companies, and prop trading firms.

His highly regarded 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.

Best For: Advanced traders

Benefits:

  • 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

Price: $997

Click HERE To Get Instant Access

  • securely through Asia Forex Mentor's website
    securely through Asia Forex Mentor's website
    Best For:
    Forex + Crypto Courses
    Rating:

4. Forex Trading Courses From 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.

The course you choose should also provide you with free materials that you can use at any time. When you have access to various study materials, you can reference them in the future. Additionally, you may want to try a course that has a forum or accessible instructor. Sometimes, discussing your forex investments in real time is easier than reviewing a syllabus or lecture.

Best For: Beginners and intermediate traders who want a solid foundation

Benefits:

  • Numerous course options
  • Cost-effective
  • Easy to use
  • Suitable for beginner to intermediate traders
  • Hands on exercises

Price: Varies

5. 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.

Ready to learn? You can get there in 90 days. In fact, Mitchem claims that rookies are better traders — you’re more likely to progress (and profit) faster than someone with years of experience!

Best For: Beginner to advanced traders

Benefits:

  • 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

Price: Varies on bundle

Click HERE To Get Instant Access

6. Zen Trading Strategies

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.

Zen Trading believes the course will pay for itself exponentially. It shares some of the knowledge applied by some of the most successful traders of all time.

The course outlines how one trader took a $5,000 investment and turned it into more than $10 million. You’ll learn how to create your own profitable algorithms with its plug-and-play tools, and you can see your trades directly on the Tradingview chart.

The course will show you how to backtest any trading idea and automated every detail of the process. You will be able to automate your trading the same day.

As an extra special bonus, Zen Trading created an exclusive Masters Course In Automated Algorithmic Trading Telegram group for all of the traders in this program, so you’ll get support throughout your trading journey.

Best For: Beginners who want to create their own algorithms

Benefits:

  • Learning automated trades
  • Community support
  • Easy to understand for beginners
  • Customizable trading scripts to use in any financial market

Price: $597.00

Read Benzinga’s full Zen Trading Strategies Review

Characteristics of a Great 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 professional forex trader course is different.

If you need a forex 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 three 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.

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 Benzinga’s 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

Q

Can I learn forex on my own?

A

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.

Q

Is it challenging to learn forex trading?

A

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.

Q

How best can I learn forex trading?

A

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.