In this course, Ezekiel Chew teaches retail traders how to trade forex in the One Core curriculum, an online training program. It covers trade management, chart reading, trading skill development, trading strategy creation, risk-reward ratio components, and his MT4 setup. There are 26 lessons in all, with many sub-categories, for a total of 63 videos, including a legitimate course introduction. But if you are not ready to commit just yet, Chew offers a free five-part training where you can see exactly how he teaches and why he is different.
Click here to get his free 5 part training where he teaches traders how to make big money in trading through mathematical probability. Simpler Trading is well known and highly regarded around the globe for its extensive offering of financial education materials.
Over 8 highly successful and renowned traders bring a wealth of knowledge and experience to traders and learners looking for top-notch insights about forex trading on the Simpler Trading platform. Simpler Trading provides instruction in webinars, videos, a live chat room, and mentorship using cutting-edge technology.
The team of specialists is available 24 hours a day, 7 days a week, by phone, online, and in real-time. Depending on skill levels, financial instruments, and trading methods, there are around 66 courses to select from. Students can also learn about Fibonacci price analysis, directional trading, straddles, strangles, and credit spreads, among other strategies. How To Find the Strongest Forex Trends, headlined by Raghee Horner, is just an excellent example of online forex courses designed by Simpler Trading to help amateur and intermediate traders achieve consistently better returns.
Raghee Horner has achieved phenomenal success in her 3 decades-old careers as a forex trader. She is best known for having spent most of her now three-decade-long career using the same foundational tools. These tools apply to any market and time frame. Raghee is a trend follower, so these tools help her visually identify sentiment, momentum, and trends. Her tools are programmed to help her quickly and consistently determine whether, when, and where she should concentrate her efforts.
In addition to being an accomplished forex trader and tutor, Raghee Horner is also a published author of several forex trading books. In the course, she breaks down her methods of taking advantage of strong trends and introduces her step-by-step trend following formulary and original tools. A unique feature of this forex trading course is its utmost simplicity, which ensures that even amateur traders will have no problems processing the information she gives. For one thing, this online forex trading class is anchored by Vladimir Ribakov, who is an accomplished and successful trader and teacher with years of experience.
Traders in the club get full access to many effective tools, tailored trading ideas, and admittance into an exclusive group of successful traders, with Ribakov also in attendance. Subscribers also get premium educational materials and access to a comprehensive Media Zone. Vladimir Ribakov has a sterling reputation in the world of forex trading. He boasts 12 years of solid experience in the forest space, enough time to carve out a name for himself and map out his own track record of success.
Ribakov operates a strict transparency policy, and he lays bare everything about his forex trading journey on his website. This adds an extra layer of authenticity to his operations and records. The live trading sessions, which are broadcast daily in to minute segments via webinar, are the most popular part of the course.
Students will receive Forex signals and detailed analysis during the sessions, which will break down the mechanics of each trade recommended during the session. Members of the club get access to a vast library of educational materials on Forex trading.
This includes everything from videos to ebooks to trading guides and tools. Another important feature of this course is the provided webinars hosted by Ribakov and other team members. Udemy is one of the foremost providers of online courses, with its hands in many pies. This forex trading course is surprisingly detailed and surprisingly good and is made all the more remarkable by its low price.
The sheer comprehensiveness of this course, coupled with its affordability, makes it almost tailor-made for beginners who would typically want to test the forex trading waters before taking a full dive into the deep end. Like most Udemy courses, traders who complete the course get a certificate along with lifetime access to the course and everything attached to it.
Further, subscribers to the course are entitled to support from the tutor anytime they feel stumped or are struggling with a particular concept. He is a data scientist and forex trader with over 5 years of experience in various industries, including finance, retail, and transportation. Kirill combines his professional experience with his academic background to provide excellent courses for learning enthusiasts. He holds degrees in Physics and Mathematics. He has also enjoyed forex trading for the past decade because it provides him with a sense of personal and financial independence.
Subscribers to this course can expect a thoroughly in-depth course. Beginners will learn all they need to know before embarking on the forex trading journey, with basic terms such as charts, currencies, forex brokers, and short selling. The course is also heavy on video materials, with more than 57 short videos delivering the lectures. One only needs to look at the full range of advantages it offers to know the reason. Amongst others, ForexSignals. Access to professional traders around the clock and daily live analysis streams, and other active community engagement opportunities are all part of this focus on interactivity over passive information.
With a complete academy and a YouTube channel full of tips and guidance, there is also a focus on learning and understanding Forex. Apart from its excellent courses, ForexSignals. Adopting an approach that sought, above everything else, to provide value to traders by teaching them how to identify trends and generate their signals, with a team of experienced and professional experts trading with the same insights they provide.
Nick left his nine-to-five job in London in after discovering technical analysis to become an independent full-time trader, making him a visionary in the industry. He established Trade With Precision in in response to corporate requests for him to train retail traders for large brokers and exchanges worldwide. The platform provides a myriad of options for trader improvement, which is amply reflected in the way lessons are presented. The course introduces the rudimentary aspects of forex trading before gently evolving to the more technical aspects.
The trade room is the hub of the course, a vibrant and active community of traders and professional mentors who provide feedback and support through live streams, chats, and video content. The live streams are also available on-demand, so you can stay up to date even if you missed the broadcast. Real-time trading, advice, questions answered, and educational content is all available during the live streams.
Another outstanding feature of ForexSignals. In terms of pricing, this platform provides good value for money. The Professional package gives you full access to all ForexSignal. Six Figure Capital offers a course designed by Lewis Glasgow. The course, titled Master the Art and Science of Trading, runs for 14 days and packs a wealth of trading information, distilled into 19 videos spread over two weeks.
The beauty of this course is that at no point does it leave you suffering from an overload of information. According to Lewis Glasgow, the course aims to teach you how to profit from the natural order of financial markets. Glasgow, who is staunch in his dislike for the needless complication of forex trading, only entered the forex trading market in , making him a relatively new trader.
He founded Six Figure Capital in the UK in after attaining global attention for successfully developing a new method for generating signals. His seemingly sudden success inspired him a passion and fervor for teaching that eventually culminated in this day course. In reality, it is anything but. As a result of the combination of certain factors, including having the wrong expectations, applying unprofitable trading systems, implementing useless information that held no real market value, and failing to develop strict risk management rules that stood in alignment with his trading plan,, he lost huge sums of money.
Yet, as he developed as a trader, he developed a highly profitable system that proved useful in various financial markets. His trading strategy is based on harmonic patterns, which are defined by distinct and consecutive Fibonacci alignments. Lewis was drawn to this methodology because he was passionate about learning about trading behavior, particularly its impact on the market from a cyclical standpoint.
He attributes his success as a trader and mentor to his keenness for simplicity and attention to discipline, patience, and emotion. Glasgow spreads 19 lesson videos across the duration of this course, with a brand new topic introduced every day. This arrangement is intended to keep learners engaged and prevent fatigue.
Throughout the course, subscribers are exposed to live trading sessions, offering you a chance to gain useful real-time experience. Perhaps the standout feature of this course is the social platform Slack, where you can network with your coursemates and gain valuable insights from more experienced traders than you. Becoming a member guarantees lifetime access to new course materials and continuous support.
That said, beginners can benefit a great deal from this course. Michem says that the course was designed to help traders grow from rookies to experts in 90 days. Andrew Mitchem founded Forex Trading Coach in New Zealand in after working on and developing a trading strategy that yielded a consistent profit for him. One remarkable thing about this course is the level of detail it provides, and just a few minutes into it, it becomes clear that the course was designed by someone with a lot of experience, who wants to guide other traders to avoid making the same trading mistakes he made as a beginner.
Andrew Mitchem is an experienced, full-time currency trader, investor, and mentor. Like any other trader, Mitchem had many tough years as a beginner. He failed to make a profit for his first four years as a trader, which he says resulted from the unhelpful e-books and purchasing trading robots that made false promises of success.
He soon got rid of most of those materials and concentrated on developing his strategy. He pays attention to high-impact news releases, but they have little bearing on his trade. He does well by focusing on trading continuation or reversal patterns, which are both extremely easy. One of the finest trading recommendations he can give is to keep things as simple as possible while trading. In his trade, there are a few things he prefers to see.
The course is very detailed, with a wealth of trading materials to help traders get up to speed. Andrew and his team hold regular live webinar sessions, where he discusses trading strategies and provides forex trading guidance to clients on the platform. Support is ongoing and superb, with Andrew or any other team member willing to assist with your inquiries within a short while of you reaching out to them.
The pricing of this course varies, depending on the bundle you want to subscribe for. However, all the bundles are fairly reasonably priced. Another course suitable for beginners and more experienced traders, The Trading Masterclass, can benefit newbies who want to advance their skills and increase their profitability.
Chris Capre and 2ndskiesforex diverge from the norm a bit with The Trading Masterclass. Rather than market a miraculous trading strategy, the overarching aim of this course, as revealed by Capre himself, is to challenge his clients to adopt a change of mindset instead. On the platform, there are over 50 free videos for non-members. Members get access to several tools and course materials, along with other perks such as pre-market analysis, live trading with Chris, weekly market analysis, live ongoing mentorship, day and swing trading channels, and exclusive video lessons.
Chris Capre is an experienced and successful forex trader and mentor. He founded 2ndSkiesForex in Capre specializes in trading Price Action and the Ichimoku cloud as a professional trader. As a trading coach, his objective is to transform the way you think, trade, and perform by combining 18 years of trading expertise with cutting-edge neuroscience to rewire your brain for trading success. Capre also claims to have spent over 40, hours behind the charts and lists trading, teaching, and philanthropy among his biggest passions.
The course is fairly comprehensive, and the support is great. Chris Capre and his assistant Sascha Gogolin are fairly accessible, sparing no pains to respond to questions and provide assistance whenever you find yourself stumped. Both Chris and Sascha provide weekly webinars to discuss market trends and provide pre-market analysis before starting your trading day.
Most of the course materials are video-based, and the videos and webinars are recorded to view whenever you want. Members also get access to live ongoing mentorship. Several online forex trading courses all claim ownership of the title of best.
In the same vein, different courses approach the teaching of forex in different ways to be more attractive to their target audience. However, most of the more valuable and respected courses we reviewed have all the following characteristics:. The very best online forex courses are suitable for learners of all kinds, regardless of their experience or skill levels. Also, learners tend to prefer courses that provide course materials across different platforms.
I expect once all the information is embedded in my tiny brain the course will turn out to be the best 2 days of any forex course. Monday after the course, I started my normal way of fundamentals without charts. I tried something I had never done before and without your training I would not have had the confidence. I started trailing and eventually I gained pips before they reversed. I may have made my trailing too tight to capitalize on this new way.
If I had left the stop loss margin bigger maybe the trades would have continued. As the euro continues to be in trouble. I was extremely happy at the overall result for the first time. Overall the first week from 18 th to 21 st inclusive, I am 9. I will be glad to write a short testimonial on the course as you are truly a great mentor that deserves an awesome testimonial.
Your seminar is fantastic. Enough said. The strategies you teach are simple to follow and understand, no fancy mumbo jumbo, and yet it is more effective than everything else out there. You deserve two thumbs up! I like the way that you put trading into a systematic business with clear steps and rules to follow instead of letting your emotions run all over the place, instead of other trainers that frequently leave you out there on the battlefield with your own discretion.
I especially like how you repeatedly emphasize on how we should take only the best and juiciest trades out there and skip the rest. This is truly the key that many traders are missing. You drilled it deep into our heads and I thank you for that. As for your teaching, I find it to be very clear, the pace is appropriate.
I also find you a very approachable and responsible mentor. I really want to say a big big thank you on behalf of myself and my family. I am proud to have you as my mentor as well as my friend. All I can say is having met several other trainers, I consider you my only mentor in trading. Just want to drop a quick note to thank you for your strategies.
Though I started with a very small amount it is an encouragement. The percentage would have been much higher if I did not made the mistake to extend my stop loss twice for a single trade to my own peril. Learned an important lesson and forex does require much discipline.
Nonetheless, for the rest of the trades I followed your rules. It was good most of the time. I am looking to increase my capital soon. Share with you my first trade after many weeks and after your teaching. I found a setup just now and decided to trade — It was a double pin off 10 and 25 EMA with a pretty good angle. R:R was And hit TP!
After your course, I am glad I found a systematic approach for looking at the charts. I no longer see the need to keep staring at the charts and find reasons to go in. Instead, I was looking for reasons NOT to trade. Quite a liberating feeling. Hope to learn more from you soon! Master, thanks a lot. I am so very glad to have the opportunity to attend your course. Finally, after 10 years or so of pursuing my dream of becoming successful at trading, I can see a very good chance of that dream coming true.
You taught a very simple and clear method of trading that I am confident I could master if I work at it. Thank you very much for this course! As far as your 2 days class is concern it is really helpful. Your easy going personality make it fun to learn from you, I will recommend your class to anyone who interested in learning forex trading.
My dream of becoming a forex trader is finally coming true as my confidence in forex trading is turning positive, hope to learn more from you in future. A million thanks to you. Dear master, what you said is right.. First and foremost, thank you very much for a truly interactive lesson and I must say that it has been a fruitful and most knowledgeable forex training I have ever attended.
It is definitely worth every cent and more. It is the one and only, at least for me, forex training which I have so much hands-on interactions between you, all the participants and the market. You have put us to test we have learnt from you on a real market situation which really help us to fully appreciate and understand what has been taught. You have amazingly and effectively transfer your forex trading strategy fundamentals to us in a matter of 2 days through a practical manner.
I have lost my confidence when I blew my account. I thought I knew the market back than by just attending courses and reading lots of books. I have been using way too many tools and indicators which rely mainly on past transactions and I would normally enter the market too late. I will take much bigger loss. Having aspiration is the first step but you gain the right skills in forex, we need to follow the right mentor. I am so glad to have found one in Ezekiel.
With his deep insights on forex, I find that he has carefully and intelligently crafted simple strategies for the man-on-the-street to understand. Those super A trades are indeed practical, learnable and applicable to any forex pair.
Needless to say, I have progressed faster that I can ever imagine. In the last 2 months, I did my first set of live trades using his strategies and I am already profitable. If you like to make consistent profits but still sitting on the fence before reading this, please do yourself a favour this year by contacting him right away.
You will find yourself paying very close attention to what he is teaching and wanting to immediately start finding trades. Be prepared to be blown away by learning from the BEST in the industry! Ezekiel has broaden my knowledge on forex material. His teaching is easy to understand, all my questions were answered perfectly. I have been trading forex for 7 years, but still his strategies are very useful to add on my own knowledge.
It covers not only forex material, but also basic money management skills, trading psychology, risk-reward ratio and many more. I believe his strategies and knowledge are the way to get closer to constant profit for those who are serious in this business. Definitely will recommend this course for those who are keen on learning. This is the best of the best Forex course I have ever had.
The most important thing of your presentation was simple, down to earth, complete for ABC of Forex trading, clearly taught, even a newbie can understand and pick them all. Thanks Ezekiel for your great coaching which has made me confidence in trading FX now.
I shall share and recommend this FX course to my buddies and friends. With no prior experience in FX trading, I was pretty worried about absorbing your teachings prior to the class. However, quite the contrary, your lessons and strategies had been easy to understand and apply. In fact, I applied your strategies almost immediately after the first day of class! Even though the 2-day training was short and compact, you continued to provide us with relentless assistance and tips via the social media and other channels.
And guess what? After a week of continuous revision and going through your strategies, I was beginning to make decent profits. From the bottom of my heart, I would like to thank you for imparting me a lifelong skill of making profits consistently and confidently from FX trading. I will never have to worry about my job security or economic downturns.
Under the MAS Act, Forex brokers are not allowed to take positions or act as principals in money markets or foreign exchange. For you to apply for a CMS license, you must be a corporation which should be regulated as is stipulated under the Second Schedule of the Securities and Futures Act.
You will also need to show a sound financial track record of 5 years. Besides having strong internal compliance systems, you must also present business plans and projections. If you wish to deal in futures, then a minimum of SGD million is required.
Any director or CEO should be a Singaporean resident. Normally, one is supposed to complete the application form and attach all the supporting documents before submitting them to MAS. There is a non-refundable application fee which is payable during the processing period. A license will normally be valid for 3 years.
However, license fees are payable annually. The renewal fees must be paid a month prior to the date of expiry of the license. Singapore is one of the richest countries when using the GDP per capita. As such, many financial related scams have been reported.
The scammers usually target people who are not computer savvy. Obviously, this is hard as a majority of Singaporeans know their way around computers. Nevertheless, retirees who are looking for places and things to invest intend to fall for the scammers, tricks. In alone, more than people lodged complaints with the police against Suisse International.
MAS is mandated with the task of licensing brokers. The problem is that people still open accounts with firms which are not on the official MAS registered Forex brokers list. Here, you will only find firms which are licensed by MAS and which strive hard to maintain a good reputation. On this list, MAS puts all companies which are unregulated but which may wrongly be perceived to be regulated.
Even though CAD and the Singapore Police Force SPF are ever vigilant when it comes to financial-related crimes, it is prudent for individuals to beware of the scams that are out there. This is gravely important to note because even though the police will investigate the crime, once your money has left your account, it is quickly transferred to a bank outside Singapore. It then becomes very hard to trace the money leave alone to retrieve it. It is the third in the world in value after London and New York.
The best Singapore Forex brokers are to be found here representing their clients. It offers a wide range of derivatives and commodities. As such, it is a very attractive market for Forex traders. It is possible to engage in dual currency trading on the SGX platform.
However, all the Forex brokers who are MAS registered are capable to offer you a quality currency trading platform. All top Singapore Forex brokers should be able to offer you Contracts-for-Difference among other trading opportunities. In a CFD transaction, you are allowed to speculate on future price movements of an underlying asset without actually owning the underlying asset.
CFD is quite popular among Forex traders because it allows them to long or short with little initial investment. It is one of the strong online features which has really rejuvenated Forex trading in Singapore. Stay up to date with the financial markets everywhere you go. Home - What are the best Forex brokers and how to choose the right one? Maximum leverage Year founded Open Account Read Review.
Trading platform MT4, WebTrader. Maximum leverage 1:Unlimited. IQ Option. Regulation CySEC. Trading platform WebTrader. Spreads on CFD indices start at 0. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Headquarters : Ireland. Foundation Year : It is one of the oldest online forex and CFD brokers with a well-established reputation for customer support, competitive fees and spreads — all in addition to offering a large range of financial instruments, even including ETFs and FX options for those who like to diversify across assets. Users can choose to open several different account types — Retail, Professional, Spread betting and Options.
The differences are discussed in the account opening section below. Headquarters : Australia. A solid Australian broker, with sturdy ASIC regulation that offers transparent dealing, across a wide selection of 10, plus assets. Leverage on the MT4 platform of up to and trading of Bitcoin too. TMGM can cater well to experienced, sophisticated traders: semi-professionals, professionals and also fund managers.
For traders new to the markets, TMGM offers good educational resources and customer service. However, the feature rich MetaTrader platform does take time to learn and is less intuitive than some of the platforms offered by other brokers. Headquarters : Saint Vincent and the Grenadines.
This enables users to trade with a broker under European regulatory oversight. Vincent and the Grenadines and has no restrictions from European regulators, enabling users to take advantage of higher leverage and bonus promotions. Spreads start from zero pips on the Raw Spread accounts with commission-payable. The Standard Account offers commission-free trading with spreads from just one pip.
The broker also offers demo trading accounts and Islamic swap-free accounts. Headquarters : Cyprus. That specialization allows it to rise above many others when it comes to Forex focused trading platforms and tools. Leverage is available up to Spreads are competitive across all platforms with hour trading open 5 days per week.
A free demo account is available. Headquarters : Israel. Formerly known as RetailFX, eToro is the pioneering online broker for social trading. Their Openbook social trading platform in fact changed the nature of the way beginner online traders can trade the financial markets. High tech hub country of Singapore is one of the richest in Asia Pacific area with a thriving economy, top salaries in the world, big investments from foreign countries and according to statistics it has the largest volumes of transactions in Forex after London and New York.
It looks like Singapore traders have excellent opportunities to invest their money in currencies. However, one should not forget that opportunities do not come without risks. As has been said, risk can be significantly reduced if you trade with a good broker. How do you know which one is good? A number of things to consider: it has to be regulated by MAS , offer you excellent trading platforms and software, must have low spreads or commissions, offer you a good choice of accounts to choose from, care about their customers and provide a lot of other extra valuable services.
Each country in the world has its own regulatory framework and an entity that regulates and monitors financial markets. In some countries, like Russia or France and several more, Forex is regulated by Central Banks and brokers need to get licenses with these institutions to be able to legally offer their services to traders from those countries. Of course, under these circumstances it becomes difficult to do business due to large amount of bureaucracy, not clear regulatory requirements and a risk to be closed by those supervising institutions.
In other countries, the suprevision is given to some independent institution that monitors only financial markets. These tend to be more liberal and provide brokers with greater chances to set up their businesses in the country. Loose or strict, brokers will still have to follow a regulatory framework set by regulatory institutions, adhere to the rules of providing services, have sufficient capital, reduce risks for their clients and etc.
Any broker who wants to offer financial services in the country has to be MAS licensed. Those involve supervising all financial, credit and insurance intermediaries offering their services to Singapore residents. Brokers regulated by MAS have to limit their clients risks by keeping their money in segregated accounts in case brokers go broke.
In that instance investors money would still be safe. Among other things that MAS regulated brokers have to do is to fully disclose all services and products that they offer to their clients. The regulator also has a lot of educatory resources and a special programme for investors MoneySENSE that helps them to make rational and independent decisions regarding investing. So, if you live in Singapore, be sure to choose a MAS regulated broker. The Profession of a trader is a very independent one.
You can be your own boss and set your own working hours. However, as you will be trading online you will need to have a good trading platform. Those who have tried a lot of platforms know that some of them are excellent, some just good and some simply inhibitive to trading. If you have time and desire you can keep on testing for yourself each trading platform and software, but the best way is to simply choose which is easy to use and has a lot of useful extra features. In terms of simplicity, you need to know which button does what.
This is easy and what it is supposed to be. In terms of extra features, you would want to have a good chart station or possibility to have multitude of different charts with different instruments so that you could compare them and chack their values on different time frames.
You would also want to have multiple indicators, ability to make your own notes, close your entire position with one click, test your strategy, copy function and news feed on the platform. Forex industry probably has the best type of commissions from the rest of financial industry. The fact is that Forex brokers are compensated from spreads which are difference between bid and ask prices. These can be fixed and variable. Fixed spreads will be around pips for major pairs and for currency crosses.
Variable spreads tend to be much smaller under normal market conditions. They can be 0. When markets are affected by some fundamental news and start acting like crazy spreads expand and can be times bigger. But they stay like that just for a few minutes till markets absorb new information and start acting normally again. A strong and reliable broker will offer you a lot of different types of accounts to choose from. Let us briefly look at some of them. Before you start trading you need to do some testing.
A demo account is a good platform for doing that. You will be able to find out how your trading strategies work under real market conditions without risking a dime. Investing in currencies does not mean you need to have millions or hundreds of thousands of dollars to start with. Mini account is a predecessor of micro account. These started when most retail brokers started offering their services to the average Joe around the world. However, the risk of losing big is greater on this account and your initial deposit should be at least 10k or better 25k so that you could trade with comfort and ease.
If you have any specific needs you may discuss them with your broker and you can be offered VIP or some other kind of account that would fit your needs, capital size and trading style best. Customer service is the mirror of the character of the broker. If it is not properly functioning in a quick and efficient manner, you will not want to stay with such broker for too long.
Living in Singapore you should also expect customer service in your local language or dialect. Lots of foreign scammy companies can come without being able to offer you that and that would be a red flag not to trade with them. Brokers compete with each other to win as many customers as they can by offering lots of extra services.
It may include free webinars, daily and weekly analysis of various financial instruments, instant news feed from most popular financial news services Reuters, Bloomberg and etc. Those are really helpful, especially if you are a novice to Forex. As you may see a Singapore trader has a lot to pick from in terms of choosing a reliable Forex broker.