Best Websites For Beginners to Learn Forex Trading (2022)

All products and services featured are independently selected by WikiJob. When you register or purchase through links on this page, we may earn a commission.To get more news about Summer School, you can visit wikifx.com official website.

Trading on the foreign exchange market, or forex trading as it is more commonly referred to, takes a considerable amount of skill and knowledge.

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.
1. Asia Forex Mentor
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.
2. eToro Trading School
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.
3. IronFX
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.
4. How to Trade
Providing a trading education that is designed to take you from the basics through to the advanced strategy, How to Trade has a wealth of world-class educational resources.

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.
5. Forex Trading Coach
Developed by Andrew Mitchem, who has been a Forex trading coach for more than 12 years, there are several training options available through this site – including several free resources.

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.
6. XTB
As a broker that you can trust, XTB is both well-regulated and listed on the stock exchange. The registered office is in Canary Wharf, London.

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.
7. Admiral Markets
Admiral Markets, rebranding to 'Admirals', describes itself as a ‘full-spectrum financial hub’.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.