5 Best Forex Trading Courses of 2023

Alexander Voigt

By Alexander Voigt

Last Updated: September 19, 2023

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The best forex trading courses explain what forex trading is, how to interpret the forex market and how to gain the self-confidence needed to trade currencies successfully.

I’ve reviewed and tested over 10 forex trading courses to identify the best online forex trading course offerings. Finally, I narrowed the list to my 5 favorite ones with the best instructor experience, forex course content and price.

best forex trading courses

Top Forex Trading Courses

Most Popular Forex Trading Courses

Forex trading can be an extremely lucrative way to make money, and you can tap into dozens of advantages, including 24 hour trading opportunities, high liquidity, some of the most volatile forex pairs and the opportunity to trade on leverage.

I reviewed and tested numerous trading services to discover the best forex trading classes on the market. All of them are online forex trading services, and the pricing mainly depends on the extent of the offered educational aspects.

New forex traders may want to start with one of the low-cost 101 forex courses. Advanced trading strategy development skills and live trading seessions are more typically for the higher-priced online forex trading classes.

1. Asia Forex Mentor – Best Forex Trading Course in Asia

Asia Forex Mentor: Ezekiel Chew

Ezekiel Chew’s One Core Program on the platform Asia Forex Mentor is the best forex trading course in Asia. The Global Banking and Finance Awards 2020 nominated Asia Forex Mentor as the best trading education provider in Singapore.

Ezekiel Chew is a forex trading coach and founded his company in 2008. He teaches his students specifically on forex trading with online forex courses. The focus of the program is to teach a systematic way to trade currencies.

The One Core Program and The Golden Eye mentor group are designed explicitly for forex traders. The basic concept can also be adapted to the stock market, but the focus is still the currency market. Subscribers gain lifetime access to all video lessons hosted on Teachable.com.

The course is well structured and a good starting point for new traders looking to expand their forex trading knowledge.

Based on dailyforex.com, Ezekiel made six figures live on one single trade during the 2016 presidential election. He continuously enhances his skills and trained traders in fund management firms and banks. Asia Forex Mentor is the leading forex educator in Asia, and the clear focus of the course is the forex market.

Asia Forex Mentor is one of the most comprehensive courses on the list, and the one-time payment unlocks lifetime access to the course. Ezekiel teaches everything from risk management, psychological aspects, market behavior and price action.


  • Well-established forex education business since 2008
  • All in one pricing with full access to the education section
  • Focuses purely on forex trading

Best Offer: Here you find a full write up with all course details, including a 7 day trial and discount.

The Asia Forex Mentor Review provides insights into the entire forex trading course.

2. TradeThatSwing – Best Forex Trading Course in the US

tradethatswing forex day trading course

The EURUSD day trading course by Cory Mitchell on the platform TradeThatSwing ist the best forex trading course in the US.

Cory founded TradeThatSwing in 2020, is a Chartered Market Technician (CMT) with extensive knowledge in technical analysis and has tremendous experience in the financial markets. Trading has been his primary source of income since 2005.

Cory wrote several books, successfully traded for a proprietary trading firm, was the day trading expert for 3 years at TheBalance, and now shares his knowledge with students.

In his course, Cory focuses on day trading the EURUSD, spending about 2 hours or less a day using four strategies. His EURUSD Day Trading Course teaches students how to trade the forex market and provides exact guidance on:

  • How to use the course
  • Understanding the forex market
  • Setting up charts and trading platforms
  • Position Sizing
  • Trading times and pre-trade routine
  • 4 trading strategies
  • Risk-reward ratios
  • and bonus material.

The course has 19 chapters and bonus content. Each chapter includes a video recording and commentary section. In addition, the full trading course material can be downloaded as a PDF file, and he also provides students with a day trading cheat sheet template.

The trading course is well-structured, and the video quality is great.


  • Cory is a certified Charted Market Technician (CMT) and skilled day trader
  • 4 detailed trading strategies included
  • 30-day money-back guarantee

Here you find the detailed course description, track record, chart examples and user reviews.

Best Offer: Click here for all course details and pricing options.

3. The5ers – Best Forex Training and Education

the5ers review

The5ers offers the best forex training and education in an innovative way, since The5ers is a bit different from the other best forex trading courses. While forex courses typically teach investors how to trade their account profitable, The5ers goes a step further. They fund an account for traders who successfully complete a risk-free trading challenge by following the trading plan.

That makes The5ers an excellent choice for beginner traders. The company provides everything you need to start forex trading from scratch. You begin in a simulated environment with your trading challenge. The participation fee covers everything from platform access, education, and even forex market data. There is no need to have a forex trading account to participate.

Once funded by one of the partner prop trading firms, traders keep up to 90% of all profits, ready to be withdrawn to the bank account. Since 2016, many traders earned a funded trading account for real-money trading.

While those incredible numbers speak for themselves, I see the main benefit in avoiding risk for your own trading account. The5ers is one of the best online forex trading tools for beginner traders who are willing to go through a trading challenge to earn a fully-funded forex trading account.


  • No trading account required
  • Possible to trade other peoples money
  • Learn forex trading by practicing it without risk

Best Offer: The5ers Accounts 5% Off by using this link.

4. Benzinga Forex 101 – Best Free Basic Forex Course

Benzinga Best Forex Tradining Course

Benzinga Forex 101 is the best free forex course covering the basics of forex trading. It is a comprehensive forex trading online course for thouse with a self-learning approach interested in understanding the general concepts of forex.

Built for beginners, Benzinga’s forex trading course can help you learn the basics of forex pairs, pips, points, short selling, support and resistance levels, forex chart patterns and indicators to intricate lessons about Fibonacci retracements.

You’ll also see live examples like a trade in the currency AUD/USD, and you learn important aspects about forex money management.

I reviewed a couple of forex training courses and think that Benzinga’s course is the best for beginners. The course covers all aspects of forex trading at a low price.

The course starts with an introduction to forex trading, followed by detailed information about the two main trading decision methods Fundamental Analysis and Technical Analysis. Finally, the importance of risk-reward is covered, and some trade examples make the course complete.


  • Beginner friendly course
  • 9 hours on-demand-video with lifetime-access
  • Covers forex basics, fundamental- and technical analysis

How to trade Forex Guide by Benzinga

5. ForexSignals.com – Best Forex Education with Trading Signals

forexsignals.com education

ForexSignals.com offers forex trading education and a trading room. Nick McDonald founded Forex Signals in 2012, and more than 83,000 users have registered for the service so far.

Four professional forex traders and mentors educate retail traders in live sessions seven days a week, analyze forex markets in real-time and talk about their positions and trades.

ForexSignals.com is an excellent choice for traders who solely focus on forex trading since that’s what the service is specialized in. Community members, forex traders and mentors communicate using the trader chat room to help each other and post trade ideas throughout the day.

There is also some content about options trading available on the site, but the clear focus is forex trading for beginners. Forex Signals aims to support you with your forex trading journey with a good trading community, solid forex course material and live trading events.


  • Over 400 forex training videos cover all important aspects of forex trading, from the basics to advanced trading strategies and tactics.
  • All the content is well structured, and the navigation is self-explaining. Each lead trader and educator specializes in specific fields of forex trading and frequently extends the existing education library with new videos.
  • The trading chat room is the central place to communicate with mentors and other traders. Trade ideas and market perspectives are posted in the chat feed throughout the day.

For more information and insights, proceed by reading the detailed ForexSignals.com Review.

Best Forex Trading Course Conclusion

The best forex trading courses are the One Core Program from Ezekiel Chew (Asia Forex Mentor), followed by Cory Mitchell’s EUR USD Day Trading Course (TradeThatSwing), and The5ers funded accounts.

Forex trading is still a growing business. Low account minimums and high-leverage trading opportunities attract more and more people. Even the rise of cryptocurrency trading did not change the popularity, and forex trading classes are among the most demanded topics in the trading education space.

A beginner needs to start online forex trading with proper education to learn how to start forex trading. Forex trading courses or a professional forex trading coach are key in becoming a successful forex trader. Only well-educated traders will become profitable and make money in the long term.

But forex trading classes are only one part of the way to success. The second important aspect is the paper trading and simulated trading forex account. With a simulator, you can practice what you learned as a beginner from an fx academy of your choice. You can analyze price action, apply a day trading- or swing trading strategy and test everything you learned with your favorite forex school online courses.

All in all, the funded forex trading account by The5ers is my favorite. Subscribers can practice forex trading without risk and use all tools and education offered by paying a small monthly fee. Funded traders can withdraw the first $5,000 of their profits and keep 80% of profits after that without the need to open an account on their own.

Benefits of Forex Training Courses

When you opt for the right forex training course (and before you do, you make sure the reputation of the course or trainer is top-notch before you dive in), you should come away with useful information and strategies that deliver results.

  • Online forex trading courses allow you to learn at your own pace, which means you can pick up where you left off in a lesson and not miss out. A lot of traders
  • Many times, you get lifetime access to a course. This lets you review a course’s particular Make sure your course enables you to replay lessons repeatedly. Skip over courses that don’t allow you to do so.
  • You learn the lingo from scratch. When you’re first beginning, you may have no idea what a pip is, but that’s a basic fundamental. The right forex training course will attempt to teach you from the ground up.
  • Learn from an ambitious teacher. Look for a teacher who truly wants to help people get up and running and learn the most basic forex elements. Furthermore, look for an instructor who can come down to your level. Learning to trade is more than just learning to enter and exit positions.

One of the best reasons to take an online forex trading course is to see live trading examples, price action and successful trader examples. In other words, an online course gives you the best opportunity to see real time trades.

How To Find The Best Forex Trading Classes

To give you a quick preview of what you should learn, we’ve included a step-by-step guide, so you know what to look for on the course content.

Step 1: Check The Forex Trader Certification and Reputation.

A reliable training program should not guarantee results. Consult with other traders in online forums or trusted traders so you know you’re making the right choice.

Also, pay attention to the certification. Most well-established trading courses are certified through a regulator or financial institution. Each country has its financial regulator, so verify the credibility of a trading course with a local regulator. Find out whether the certification is legitimate and comb through its terms and conditions.

Step 2: Connect To The Internet Through a Quality Operating System.

To start trading forex via an online broker, you need an electronic device connected to the internet.

Okay, this seems pretty obvious, right?

Well, sort of.

You want a new desktop or laptop computer, mobile phone or tablet. Windows and Android are the best operating systems for forex trading, but many trading platforms are also available for Mac and iOS devices.

Make sure the forex video courses go over the tools you need to trade forex in detail.

Step 3: Find an Online Forex Broker.

Make sure the course teaches you how to choose the best forex broker for your needs with further insights. You can trade forex on any number of broker platforms, but each platform has its pluses and minuses. Not to mention, each broker carries different fees. A few popular options include:

  • TradeStation
  • Interactive Brokers
  • TDAmeritrade

You may need to test a few brokers’ platforms before you land on your best match, but the online broker you choose could lead you down the right path.

Various forex brokers outside the U.S. primarily offer the trading Platform MetaTrader, which has some of the best forex charts and trading capabilities. However, people who reside in the U.S. are typically not allowed to open an account with them.

Step 4: Open Your Account Through the Broker You Choose.

It’s usually really easy to open an account through a broker. Visit the website and click “Open an Account” on that specific broker’s website. You need to prove you are who you say you are. Follow the prompts to set up your account.

Again, the right forex course will help you choose the right broker for you.

Step 5: Fund Your Account.

One of the trickiest parts of learning to trade forex with real money is knowing how much to leverage. You’ve got questions, and your forex trading course should answer these questions, among others:

  • How much should you leverage?
  • At what ratio?
  • How do regional regulations play into these choices?

A trading course should walk new forex traders through the money side of things and teach them how to handle margin correctly.

Step 6: Choose a Platform.

The platform should be a major portion of the forex trading course discussion. Most online brokers support the very popular MetaTrader platforms from MetaQuotes. You want to learn everything you can about the most popular platforms.

Some brokers also have proprietary trading platforms you can download from their websites or use online.

Step 7: Learn How To Enter Your First Trade.

Once it’s time to make a live trade, you want to be sufficiently prepared, and that’s your forex training course’s job.

  1. You should know how to enter and exit trades (a demo account is a great way to learn more about your online trading platform before you make a real transaction.)
  2. This can help you avoid costly mistakes.
  3. Once you know how to use the platform, you’re ready to enter your first trade.

Take a look at the list of questions your forex training course should answer. If you can’t find the answer to these questions online, call the trading course before landing on that particular course:

  • What pairs will l learn how to trade?
  • How much time should I dedicate to trading each day? (Do I have to watch the charts all day, or can I trade a set-it-and-forget-it approach?)
  • Do I have opportunities to watch live trading through the course?
  • What broker or trading platform will you demonstrate?
  • What makes your course different from others?
  • What returns does the instructor himself or herself see per month?
  • Does this method strictly adhere to rule-based trading strategies?
  • How long do students take to learn the system?
  • What percentage of students who take this course do not succeed? Why does that happen?
  • How much does the course cost?

What To Consider Before Joining Online Forex Trading Courses?

Can You Learn Forex by Yourself?

Yes, you can learn to trade by yourself without a forex trading course. You need to be patient and understand that it will take a lot of time! Trading is a competitive industry, and trading courses and trading strategies can pave the path for your own knowledge and success.

It can be hard to make money with someone else’s system or method because it was designed or created by someone else for their purposes, not your own.

Can you make another persons trading method work for you?

Yes. As long as you deeply understand it and what you need to do to be successful. Please note, the more complex a trading strategy or system, the more expensive implementation will be. Implementing high frequency forex trading systems will be more expansive than copying technical analysis based trading strategies like the range breakout or trendline break executed manually.

What To Know About Forex Trading Systems?

Forex trading systems should be handled with caution. The foreign exchange market differs from classical stock market logic. For example, the stock trading market has specific open, high low prices of all stocks, which are the same values as any trading provider.

The forex market is different since vendors report different pricing information depending on the system used. This makes it a bit difficult to track trading signals across any platform. Also, a forex robot should be used with caution. Simulated trading is a good starting point for forex robot tests and trading forex with systematical trading strategies.

Using the best forex trading apps increases the likelyhood that orders are processed fast and accurate for optimized buy and sell order executions.

What Is the Easiest Way To Learn Forex Trading?

Video forex courses are the easiest way to learn forex trading. A forex trading room and community can be helpful to get your questions answered fast. Some forex training providers also offer forex signals and live streams along with the best forex trading courses.

Is Forex Really Profitable?

Top forex traders with extensive trading experience make trade the forex market profitable. The majority of institutional investors use the forex market to hedge currency positions in foreign exchange accounts. A forex trader needs a positive mindset, excellent risk management skills to become successful.

What Are the Typical Payment Terms?

No matter if you chose a swing trading course or forex day trading course, the payment terms differ from vendor to vendor and forex courses to forex courses. Some offer a money back guarantee, some a free trial, but most of the time, you cannot get your money back once you gained access to a digital trading course.

That makes a course with monthly recurring payments more interesting than courses with a one off fee if a money back guarantee is not offered. Advanced traders get started by choosing a forex trading coach that has more experience. It is strongly recommended for advanced traders to connect with the mentor before purchasing since most courses are designed for beginners looking to learn forex from scratch.

What Is MetaTrader 4?

MetaTrader 4 is the most popular forex trading platform by Metaquotes Software Corp. It lists all currency exchange rates in real ttime, comes with charting tools, and trading system integration. Most forex brokers offer MT4 and MT5. Expert advisors for technical analysis based- and algorithmic trading are available.


Are forex trading courses worth it?

Yes, forex trading courses are worth it. However, a proper understanding of what you need and evaluating your situation before buying a forex course is the best idea. Our list article includes a list of the best forex courses and provides basic guidance for beginners.

How much does a forex course cost?

The cost for a forex course range from $0 to over $1,000. The price depends on the extent of the course and the type of educational material (videos, blog posts, live trading).

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About the Author

Alexander Voigt is the founder of daytradingz.com. He has over 20 years of experience analyzing and trading the financial markets and has been quoted on leading financial websites such as Business Insider, Investors, Capital and Forbes.