For beginner traders, there’s a lot to learn, from basic concepts to trading strategies, risk management and platform familiarisation. Once you’ve built the confidence to begin trading, you’ll then need to stay on top of market trends, economic news and global events that may impact the market. You’ll also want to continually improve your trading skills, learning how to successfully execute increasingly profitable trades. Thankfully, there is a huge amount of information available online and it is relatively easy for beginner and experienced traders alike to find all they need to know with a little bit of research. You’ll want to be sure that the sources you turn to are legitimate and trustworthy. Whether you’re looking for news, technical analysis, strategy guidance or educational resources, it’s vital that the sites you use are reputable.

To help you get started, here is our list of 10 of the best forex websites available.

11 Best Websites to Learn Forex Trading

The following top forex trading websites include those providing news, education, analysis and trading tools to help you learn more about online forex trading. For a successful trading career, it’s best to use several in conjunction with one another. Ezekiel Chew the founder at Asia Forex Mentor isn’t your typical trainer. He is a recognized expert in the finance industry where he is frequently invited to speak at major financial events. His insights into the live market are highly sought after by retail traders. Ezekiel is considered to be amongst the top 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 teaches you how to trade not only forex but also stocks, commodities, crypto and more. To Ezekiel, it doesn’t matter what vehicle it is. It’s about trade selection and having various options opens up the best of the best trades. The One Core Program covers:

The unique way he reads charts with a combination of price action and others. His 16 high win rate strategies that work on every move the market makes. The highly popular Road to Millions formula that turned many new traders into full-time traders. The business behind trading, trade management methods, proprietary point calculation system and many more.

It’s no wonder that the One Core Program is considered one of the best trading courses around.

The one-day eToro Trading School course covers multiple trading areas including forex, cryptocurrency and stocks. In-person education is delivered by Henry Ward, a professional trader with over 10 years’ experience under his belt. Though the course claims to be suitable for traders of all levels, the content is well suited to beginner traders, or those looking to learn more before dipping their toes into the water. You’ll have an introduction to the financial markets, learn essential key terms and what they represent, and walk through the fundamental principles of trading. Perhaps the most useful element of the course for beginners is the introduction of trading personalities. This should help you identify what type of trader you are and determine the most appropriate styles to suit. In addition to the classroom-based course, held in London’s Canary Wharf, there’s also a library of webinars and podcasts for those interested in distance learning. 80.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. WikiJob.co.uk is compensated. This compensation incentives WikiJob.co.uk to describe those products and services in favourable terms. ForexSignals.com is one of the oldest and most well-known trading education platforms out there. A serious contender for those searching for a reputable place to learn about forex trading; and its thousands of 5-star reviews confirm this. Inside its easy-to-use Trading Room, you’ll find three professional trading mentors with over 50 years of experience teaching traders of all levels how to read, understand and trade the financial markets. Membership to the Trading Room starts at just $47 per month and you’ll get access to:

5 daily live streams with real-time market commentary 1 on 1s with professional trading mentors Strategies for you to learn and apply Trading tools and EA packages Daily trade ideas and analysis 350+ hours of educational video lessons 24/7 live chat with fellow traders

It’s easy to see why 83,000 use ForexSignals.com as the go-to place for education and real-time market opportunities.

XTB offers investors and traders the opportunity to trade commodities, stocks, metals, forex, indices and cryptocurrencies, as well as ETFs and CFDs, and it is regulated in top-tier jurisdictions by FCA, CySEC, IFSEC and KNF. Traders can easily open an account online and can choose between the commission-free Standard account or the Pro account that includes tighter spreads, but there is a commission that needs to be paid on all trades. Deciding what platform to use to make your trades depends on your location – in most countries, you can choose MetaTrader 4 or the proprietary platform xStation (although MT4 is not available to UK customers). XTB is a great choice for beginners thanks to the huge range of educational materials, categorized by level (beginner, intermediate and advanced) and the customer service options that are available only on weekdays. There is a fully functional demo account so beginners can practice strategies and get used to using the platforms. The more experienced trader will enjoy a huge range of research resources, including trading signals, technical analysis, details about different instruments, and even a heat map and market sentiments. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It offers a 20% welcome bonus up to $10,000, according to regulation and a free 21-day demo account with $100,000. Instruments include:

Metals Commodities Stocks FX Options Oil ETFs Options Crypto currencies CFDs Indexes Shares Spread betting Indices Forex Bonds

AVATrade EU Ltd is regulated by the Central Bank of Ireland. (No.C53877) Ava Trade Markets Ltd. is regulated by the B.V.I Financial Services Commission. It is also highly regulated in Australia, South Africa, Japan, Middle East, Cyprus and Israel You can not trade with AvaTrade in the US, North Korea, New Zealand, Iran or Belgium. Mínimum deposit of $100, no withdraw limit and no fees.

Its strong points include:

No minimum first-time deposit No commissions Several payment methods for deposits and withdrawals Tight spreads from 0.5 pips

It offers one of the best execution speeds in the industry with low latency below 0.004s. It utilizes the most advanced technology to improve users’ trading efficiency – users can automate trades, build integrations and create trading apps using ActivTrades’ market-leading CFD and spread betting technology. Exceptional trading infrastructure is available on ActivTrader and MetaTrader 4 and 5. ActivTrades invests deeply in specially developed educational materials for its clients – including webinars, regular outlooks, manuals, etc. Type of offers: ActivTrades focuses on well-developed products in its trading portfolio. Customers can choose from over 1,000 CFD or spread betting instruments across forex, indices, shares, commodities, financials and ETFs. It also offers investing solutions for its institutional partners. Spread betting allows UK residents ONLY to trade the prices of financial instruments, including forex, indices, commodities and LSE shares. Spread betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread betting and CFDs work and whether you can afford to take the high risk of losing your money There are more than 50 free trading lessons, designed by globally recognised mentors, and when you complete them, you will receive a certificate. You can expect the free courses to include both forex and stocks education – from a basic introduction through to charts, technical analysis, indicators, risk management and psychology. Alongside the free courses, there is premium content that comes with membership of the Trading Room. There are three different membership levels, with increasing benefits as the price goes up. Every level includes access to the Trading Room, all the premium content in the modular video academy, daily live trading sessions, trade sentiment analysis, weekly hot pick analysis, real time global news stream, live interactive workshops and access to pro trader tools. The different pricing structures are as follows:

The Apprentice – £77 per month, billed monthly. Includes one month access to the Trading Room. The Committed – £39 per month, billed six monthly. Includes six months access to the Trading Room. This also includes exclusive brokerage access and one-on-one with a mentor. The Professional – £36 per month, billed annually. Includes a year’s access to the Trading Room, all the features of the Apprentice and Committed subscription, but also a direct line to the mentors, the Trend Surfing Expert Advisor, and a license key to Forex Tester 5.

With more than 3,000 successful students and a money-back guarantee if you do not make a 20% gain following the information given, The Successful Trader Course is a completely online system that comprises several video lessons that are designed to be beginner-friendly. The course consists of 15 video lessons, lasting anywhere between five and 90 minutes long. These videos start at the beginning with learning about forex trading (although Mitchem claims that you can use this process for trading commodities, too), and work through different trading strategies, tools and psychology. Alongside these videos, learners also get access to 12 months of daily trade information, lifetime access to personal email support, use of the Trading Room and a student’s-only forum site as well as custom-built trading software. The course costs almost $3,000, but there are split payment options available if you contact customer services. For those who need more of a personal touch, there is a one-on-one version of the online course available with exclusive access to the founder and his colleagues for personalised, structured learning – at a higher cost (but you need to apply to find out how much). The free resources available are quite in-depth, from a Masterclass to an eBook and various webinars and seminars.

In practice, Admirals is a broker that offers several forex and CFD trading instruments in most currencies. Founded in 2001, Admiral Markets is regulated by JSC, FCA, EFSA and CySEC, and offers traders access to both MetaTrader 4 and 5, with the opportunity to have several active accounts with different base currencies to take advantage of price instability. There are several account types available, depending on the platform that you want to use. On MT4, you can choose a standard account known as Trade.MT4. The minimum deposit for this account is 100 USD/EUR/GBP or equivalent, and you can trade 37 currency pairs as well as metal, energy, future, stock and bond CFDs. In this account, the trading fees come from the spread, apart from with single share or ETF CFDs, which have a standard commission of 0.02 USD. The Zero.MT4 account offers tighter spreads, with more currency pairs (45) but fewer CFD options. The commission on forex and metal CFDs is 1.8 to 3 USD per lot, cash indices are 0.5 to 3 USD per lot, and energy CFDs are 1 USD per lot. If you prefer the upgraded MT5, you can also have an Invest.MT5 account, alongside the Trade.MT5 and Zero.MT5. MetaTrader 5 accounts have access to more trading instruments in both Trade and Zero, but the Invest.MT5 is designed purely for buying stocks and ETFs, with more than 4,350 stocks and 200 ETFs available and a minimum deposit of 1 EUR/USD/GBP. Deposits are free using bank transfer, card, PayPal or Klarna, but there is a 0.9% fee (or $1 minimum) for deposits made using e-wallets like Neteller or Skrill. You can have one free withdrawal a month as a bank transfer, but two if you use PayPal or e-wallets. Admirals is available as a trading app on mobile as well as web and desktop, and the user interface and real-time trading that is available across platforms offer a seamless user experience. The research and analytics are extensive, with technical and fundamental analysis alongside trading news, market sentiment and a market heat map. Access to MetaTrader Trading Central and a weekly trading podcast is also provided. Admirals takes learning seriously with two separate courses aimed at beginner traders. The Zero to Hero course consists of 20 video lessons, a Q&A and a live session as well as a well-crafted trading strategy. Forex 101 is a three-stage course to take beginners through to experts using a structure that includes a video lesson with detailed notes and a quiz to check knowledge. Forex & CFDs are complex products, not suitable for everyone and come with the high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. IronFX is a leading recognised investment firm and international brokerage. IronFX offers tailored trading products and services to retail and institutional clients, including a wealth of trading tools, the latest trading platforms and 24/5 multilingual support. As a multi-asset brokerage, IronFX provides more than 300 tradable instruments across six asset classes including forex, metals, indices, commodities, futures and shares. For the last 10 years, IronFX has focussed on providing competitive trading conditions with tight spreads and flexible leverage. The company also offers an Autotrade solution that allows traders to copy the best performing traders’ strategies.

Established in 2003 by veteran trader Peter Bain, Forex Mentor is based on the forex trading system that he developed and used through his training. Through the Forex Mentor training, more than 27,000 people have learned to trade successfully and consistently using the Simple 1-2-3 method. There are two routes that Forex students can take through Forex Mentor. The Coach’s Corner is a series of live Forex videos based on Pre-Market Analysis and simple Forex patterns, and some of this content can be accessed for free using the CCStarter pack. The Simple 1-2-3 (S123) coaching plan teaches a simple three-step system that is unambiguous, logical and objective, working on any trading pairs and based on mathematical waves and Fibonacci models. The cost of the training is often on offer, and it can be paid in monthly installments or through six-months prepaid. The Forex Mentor course founder Peter Bain claims that this is the most comprehensive and affordable Forex trading available on the Internet.

This training, like many others available online, was created in response to the lack of reliable online training available. The founder, Marc Walton, began to trade in 2002, but in less than three years he was ready to give up because there were too many unreliable ’mentors’ available online. Walton found a mentor and his trading knowledge expanded enough to successfully trade for a hedge fund as well as run managed accounts for private clients. As he grew, people began asking him for help and advice, and this led directly to the founding of Forex Mentor Pro in 2008. There are three levels of training options available, and all three offer video training on three powerful trading systems and access to the members-only forum. Students can pay monthly and receive all the above. The annual plan offers more of a personal touch through priority support and a 30-minute phone call with a mentor. For lifetime access, there is a one-time payment and a sixty-minute call with a mentor, as well as twice-yearly reviews of current performance and the creation of a personalized plan.

However, it isn’t specifically designed to provide news. If you are looking for a website that only offers forex news, then Forex Live or Forex Trading Asia might be better options. ForexSignals is one of the oldest and most well-known trading platforms for news and education.

eToro

This way, you can put into practice the skills that you have learned and create strategies without the risk of losing real money. Some of the best platforms for beginners are:

eToro Pepperstone Plus500

Some of the best websites and apps for trading news include:

Bloomberg Business mobile app Reuters Trade Interceptor

As mentioned, it’s best to use several of these sites to ensure you’re covering all the basics when it comes to learning about forex trading. For beginners, it’s advisable to start with basic educational content before moving on to market research and using trading tools. That way, you’ll fully understand how what you’re reading and the tools your using can help you make better-informed trading decisions. WikiJob does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal.