This comprehensive guide will give an overview of online trading courses available, explaining their content, advantages and disadvantages.
From my perspective, an educator must also prove that he is successful with his trading methods.
The cheapest trading course makes little sense if the methods it teaches are ineffective.
Unfortunately, there are still only a few trading course providers who can prove that they are successful.
But I found, audited and reviewed the best of them!
Being a successful trader is based on a combination of sound knowledge, comprehensive use of the available tools, and of course, experience.
Like any other profession actually!
If you specifically aim to improve your day trading skills, then I recommend my brand new article best day trading courses with my favorite courses and educators. Option traders focus on the updated best options trading course article.
Trading Course Navigation
Transparency: When you buy certain products from some of the sites we link to, we may earn a small share of the revenue.
The 10 Best Trading Courses
Options Trading Courses for Beginners
Options are so-called derivatives. This means that their price is tied to the price of the underlying stock. An option is a contract to possibly buy (=call) or sell (=put) an asset like a stock or share at an agreed price and on or until a specified date.
Unlike futures, however, there is no obligation for the buyer! As a trader one may write options on one‘s own stock, or buy and sell options without owning the associated shares.
Options are very volatile products, since their value is tied to a time frame, and thus price swings can be much more marked than for the stocks themselves. If a share goes up by a few percent this may cause the associated options on buying or selling the share within, say, the next three months go up by 50, 80 or even 100%.
By holding options, traders make profits even on shares that are beyond their price range. This makes options potentially very profitable and also an excellent tool to control stocks without even owning them.
Weekly Money Multiplier
The Weekly Money Multiplier is the new leader on this list. I audited and reviewed the service during the last view months, and I am impressed.
It is much more than a simplified introductory course for beginners. Jeff and Nathan break down the complex issue of options trading and make it well understandable for newbies.
And the service goes much further. Instead of just teaching the theory of successful trading, Jeff and Nathan - the head traders at Weekly Money Multiplier - share their account via desk share with subscribers.
The Weekly Money Multiplier contains:
- Options trading education material
- Live-Trading - Nathan Bear's portfolio via desk share
- Portfolio updates via video
- Trade Alerts via email, mobile, and SMS
Also, the options strategies used are the more conservative ones.
Another benefit is that traders can copy the trades since mainly large-cap assets like GOOG, AMZN, AAPL, etc. are traded.
Nathan made more than $1,000,000 this year while streaming his portfolio live with subscribers.
I am that fascinated by this options trading service, that I didn't stop research until I found a great special offer.
Outstanding Trading Performance: Weekly Money Multiplier: $125/month (daytradingz.com special offer)
Further Reading: Weekly Money Multiplier Review
Stock Trading Courses for Beginners
Shares or stocks are securitized equities either in a joint stock corporation, a European company (SE) or a limited partnership on shares.
The price or value of the stock depends on the overall performance of the company as well as the expectations placed on future performance.
It’s easy to see that stock trading requires professional knowledge combined with some entrepreneurial nous to make a profit.
This goes especially for day trading – where securities are bought and sold on the same day. Therefore beginners should revert to professional trading courses to avoid wasting time and money.
Good courses follow a learning path, often available for beginners as well as already experienced traders, explaining the basics and then focusing on practicing trading skills in realtime environments.
Trade Ideas - Free Trading Room
Trade Ideas is innovating investing at the stock markets since 2003. Their artificial intelligence based market scan technologies are available to retail investors and institutions.
With an everage of 375 A.I. generated trades per month, Trade Ideas remains being the market leader in this segment.
The market scanner itself costs a monthly fee. However, the educations ressources are free and the trading coaches provide amazing content to the audience.
Trade Ideas also runs one of the best stock chat rooms available today.
Weekly stock picks and insightful online webinars are two more benefits for day traders, swing traders and long term investors.
Lowest stock trading course price by Trade Ideas: Live trading chat room: free access (+promo code available for instant savings on their trading tools)
Special Offer: Up to 25% Discount on All Plans
Free Access: Trade Ideas Trading Chat Room
Further Reading: Trade Ideas Review
Jason Bond Picks - Penny Stock Trading
Jason Bond Picks exists since 2011 and grew to one of the biggest trading education services worldwide. The company behind Jason Bond Picks belongs to the Top 1000 fastest-growing companies in the US.
Jason Bond Picks is one of the best stock picking services with email-updates, SMS- and desktop alerts.
Jason sends out a detailed action-plan each morning before the market open. The education material provided is comprehensive focuses on teaching how to trade penny stocks.
Jason's preferred trading setups are Fishhooks and Rockets.
Trade alerts and penny stock education: From $67/month (daytradingz.com special offer)
Further Reading: Jason Bond Picks Review
Warrior Trading - All In One Solution
Warriortrading runs an online trading course portal aiming to enable interested persons with the training to make solid, reasonable profits either part-time, augmenting their income, or turning full-time trader in time.
The website offers stock trading courses on three different levels, with options for beginners, professional trading, and a V.I.P. option under the label of „Inner Circle“ with special benefits.
A trading room and trading simulator make their offer complete.
Lowest stock trading course price by Warrior Trading: Warrior Starter: $597 (daytradingz.com special offer)
Best Warrior Starter Deal: $498 (follow the link and enter "50STARTERSAVE" at the checkout)
Best Chat Room Deal: 5 Day Trial for $5 - Warrior Trading Chat Room
Further Reading: Warrior Trading Review
Futures Trading Courses for Beginners
Futures, or rather, futures contracts, are somewhat similar to options – they, too, consist of an agreement between seller and buyer about a transaction at a predefined price and time.
While with options the buyer is free to waive his right, with futures the obligation to buy and sell is mutual. The trade in futures contracts originates with commodities but today includes financial tools like stock market indexes, currencies or interest rates.
Like with options futures may raise profits far surpassing the performance of the underlying stock or tool.
The risks for the buyer are greater, since he is forced to buy at the agreed time and price, even if he makes a loss or eschews a profit by the performance of the shares after the time of the transactions.
Therefore it is crucial to understand the mechanisms of futures trading quite well before venturing into it. Futures trading classes and real-time preparation online are one way to access this complex subject.
TopstepTrader Funded Trading Account
With TopstepTrader, you can become a full-time trader by trading a funded trading account.
TopstepTrader educates and provides access to their trading platform and the trading combine.
After proving your skills in the simulation and obtaining a certain level of profits TopstepTrader proposes to match the successful candidates with funds managed by them.
- Commission-free Funded Account
- No platform fees
- Any device (desktop or web)
- 3rd party add-on tools available
The Trading Combine participation however costs from US$ 120/month (with my promo code), depending on the size of the proposed portfolio.
Participants are assured a share in the profits, the first US$ 5,000 to keep and 80% of all profits afterwards.
Testimonials and evaluations online are ambiguous on the scheme, though.
Make it through the trading combine, start trading a funded account with at least $25,000 and keep 80% of the profits: $120 per month (daytradingz.com special offer)
Special Offer 1: 20% Discount on all Plans (Automatic discount at the checkout- Please, ignore the popups on their site, my automatic promo code discount is higher)
Special Offer 2: TopstepTrader Free Trial
Further Reading: Best Funded Trader Programs
Forex Trading Courses for Beginners
A Forex trader by buying or selling one or the other currency via the platform of a broker, making profits from the swings in currency values that are often noticeable in decimal points.
Apart from price swings based on unusual events, money trading is characterized by recurring trends. These can be calculated by tools like Expert Advisor software, since there is a very high probability of their repeated occurrence.
Following the events in politics and the economy carefully is an important part of Forex trading. Besides, good knowledge of the tools is necessary.
Forex classes are available online and a good way to familiarize oneself with the subject.
TopstepFX Funded Trading Account
The idea behind TopstepFX is the same as TopstepTrader. Both belong to the Best Funded Trader Programs. But what's the difference? The difference is the traded asset.
While TopstepTrader focuses on futures trading. TopstepFX focus is forex trading.
You pay a low monthly fee to get access to their platform and the TopstepFX challenge.
If you play by their rules and reach the profit target, then a funded trading account with a buying power of at least $200,000 is waiting for you.
Once you trade the funded trading account, you will keep 80% of the profits you generate.
Interesting alternative for traders looking for a bigger account to trade: TopstepFX: $100/month (daytradingz.com special offer)
Special Offer: 20% Discount on all Plans (Automatic discount at the checkout- Please, ignore the popups on their site, my automatic promo code discount is higher)
Bonus: Some time ago, I interviewed Topstep-founder Michael Patak and asked him to answer all my questions about his new service.
Further Reading: Best Funded Trader Programs
Forex Trading A-Z™ - With LIVE Examples of Forex Trading
This is a low-budget course by Kirill Eremenko and the ForexBoat Team offered on Udemy.com.
The course aims to give a comprehensive introduction into Forex trading for beginners, as well as expanding the knowledge of already experienced traders.
At the price of ~$12, during Udemy sales, participants gain lifetime access to 5.5 hours of lecture videos, an essay and a certificate of completion after the course. The curriculum includes
- Forex Basics, Acronyms & Jargon
- Forex-, Technical- & Fundamental Analysis
- MetaTrader 4
- Calculating Risks
4.6/5 with 10,406 ratings and 45,078 students enrolled
This is an exciting alternative for people looking for low budget education material with reliable information about forex trading.
Lowest forex trading course price by Kirill Eremenko: Forex Trading A-Z(tm): $11.99 (during sales promotion)
Algorithmic Trading Courses for Beginners
With increasing technological development of the tools used in trading algorithmic trading has become an accepted and valued method of trading.
Mastering this kind of trading requires a combination of keen and up-to-date knowledge of financial markets and policies, analytical skills and proficiency in a programming language.
Not something for everyone, but those with a predilection for mathematics and programming can use algorithmic trading courses available online to learn how to profit from their skills.
Python for Financial Analysis and Algorithmic Trading
This beginner course about algorithmic trading on Udemy.com teaches the insider knowledge to designing, testing and coding long term profitable robots.
It is designed to give an understanding of the pitfalls and keys to success to design great robots.
The course teaches programming as well as the design theories behind the Trading Robots.
Ultimately participants will be able to generate a trading idea, code and test the idea, see the strength and flaws in the idea, improve and finally execute the idea.
The course includes 17.0 hours on-demand video, articles, supplemental resources, all at full lifetime access and with a certificate of completion, at the price of US$ 200, currently on special offer for US$ 11.99.
4.5/5 stars with 7,393 ratings and 53,714 students enrolled
Lowest algorithmic trading course price by Jose Portilla: Python for Financial Analysis and Algorithmic Trading: $11.99
Algorithmic Trading: Backtest, Optimize & Automate in Python
The algorithmic trading class is held by the mentor Mohsen Hassan and Ilyass Tabiai. This course brings Algorithmic trading and backtesting together in a beginner course aimed at learning how to use open source via Python to fully automate a crypto trading strategy.
The course is designed for traders who wish to step in to the depth of algorithmic trading and take control over the trading. Some basic coding knowledge is helpful.
The course includes 8 hours on-demand video, supplemental resources, all at full lifetime access and with a certificate of completion, at the price of US$ 200, currently on special offer for US$ 10,99.
- Algo Trading Explained
- Installations incl. VM via Linux
- Python Primer and Freqtrade
- Implement a Strategy
The rating for this course is quite high at 4.6 of 5 (169 ratings, 930 students enrolled).
Lowest algorithmic trading course price by Mohsen Hassan and Ilyass Tabiai: Algorithmic Trading: Backtest, Optimize and Automate in Python: $11.99
Further Reading: course details
Cryptocurrency Trading Courses for Beginners
Cryptocurrencies provide a growing market with enormous opportunities – beyond the best known cryptocurrency, the Bitcoin, there are two dozen others, some of them based on blockchain, some on other models. New cryptocurrencies might be generated daily.
Cryptocurrency trading requires a profound knowledge of the workings of cryptofinance as well as the tools employed in charting and successfully trading them.
Cryptocurrency trading classes are in high demand since the ascent of the Bitcoin. Some of the providers offering cryptocurrency courses online are listed here.
Cryptocurrency Trading Course 2020 on Udemy.com
The Cryptocurrency Trading Course by the instructor Suppoman gives an introduction into cryptocurreny and is designed as a comprehensive guide to cryptocurrency trading.
Target group are beginners as well as those who have already gathered some experience in the field. Among the key content is technical analysis as well as how to deal with volatile prices without incurring too much risk and still make a reasonable profit.
The course includes 3,5 hours on-demand video, 1 article, all at full lifetime access and with a certificate of completion, at the price of US$ 200, currently on special offer for US$ 10.99.
- Cryptocurrency Essentials
- Easy Setup and Strategies for Cryptocurrency Trading
- Technical Analysis
The average rating for this course on Udemy.com is 3.9 of 5 (4,965 ratings, 18,152 students enrolled).
Lowest cryptocurrency trading course price by Suppoman (TM): Cryptocurrency Trading Course 2020: $10.99
Further Reading: course details
Cryptocurrency: Complete Bitcoin, Ethereum, Altcoins! On Udemy.com
This cryptocurrency trading course for beginners by Steve Ballinger is about learning to use cryptocurrencies, building a personal wallet and develop appropriate strategies matching personal capacity and risk tolerance.
Another topic is the application of Fundamental and Technical Analysis (Charting) when choosing individual cryptocurrencies for investment.
The course includes 8 hours on-demand video at full lifetime access and with a certificate of completion, at the price of US$ 200, currently on special offer for US$ 11.99.
- Key Cryptocurrencies To Know
- Wallets: Where To Keep Your Digital Currency
- Exchanges: Where You Trade Cryptocurrency
- Investing Strategies
The course is rated 4.5 of 5 on average and recommended by participants for delivering understandable information on a complex subject.
Lowest cryptocurrency trading course price by Steve Ballinger: Complete Bitcoin, Ethereum, Altcoins: $11.99
Bonus Advice: Free Trading Courses
Free Trading Courses are always a good starting point for beginners. However, free courses are never “free”. The supplier intent is always to do some upselling later on. Good (and free) neutral resources are trading courses provided by your online broker and those from Trade Ideas.
Also Udemy has good trading courses for $10.99 (Every few days there is a special Udemy promotion. You should never invest more than ~$20 per Udemy trading course).
And please, be realistic. You will not get rich overnight by just attending to a trading course.
Best Trading Courses - Top 3
Educator | Vendor
Review | Link
Free Trading Course
Weekly Money Multiplier
Best Trading Course Summary
As seen above, the web delivers on every topic related to online trading.
In combination with up-to-date reading on financial markets and comparing the merits of individual platforms and/or training providers, beginners will be able to find online trading classes to suit their preferences and level of understanding.
Recommended are trading courses including lots of practical examples and advice.
The knowledge acquired may often be tested in real-time simulations before venturing into deeper water.
For those interested in trying their hand at online trading, conditions have never been better.
But be careful and never invest more money into your education than you can afford. Let’s say you have $10,000 available right now. Would it make sense to invest $5,000 for trading courses? No matter what an educator is telling you, this doesn’t make sense!
Do it step by step. Invest some money and learn to understand the markets. If you find out that trading is not the right thing for you, you did not lose sustainable money.
Once you getting better and better, you can invest more. NYSE and NASDAQ will be there for many years. That’s for sure.
One final recommendation being worth thousands of dollars.
The higher the fee for your trading course, the more important the proof of performance from your educator of choice becomes.
If there is no proof that he is profitable with his strategy, then do the right thing and look somewhere else!
Why Trade Ideas is better than every educator and more effective than every standard trading course
The web offers countless providers of trading courses, classes, books and much more. Since the average interest in online trading is still growing, all these products sell pretty well. However, not one of them is suitable for those who really want to go professional.
It’s more or less just the same basic knowledge. Not necessarily useless, but very little of what’s offered provides anything that you can‘t find out within a few minutes of web research – for free. Mostly it‘s about avoiding beginners‘ mistakes.
Knowing the rules is the foundation. Taking it a step further, a powerful trading tool becomes important. Old school tools are not the first choice anymore.
My personal preference? Artificial intelligence based trading with Trade Ideas.
Things to Get Started
First, a few words about the difference between trading and investing: investments are financial moves that are planned long-term.
Putting one‘s capital in stocks with the intention of waiting for at least six months, up to several years, for significant profits – that is an investment.
Trading involves quick changing of hands of assets, based on short-term changes in value. Short term may, in this case, mean half an hour or a few weeks.
This makes it clear that to make profits in trading one needs profound knowledges, combined with decisive action.
Online Trading Courses - Learning to Trade the Market
For a beginner to enter into trading the very first question will be: What do I need to know? Immediately followed by: How do I obtain this kind of knowledge?
An interest in global politics is essential – as it supplies the background to the behavior of financial markets.
Following the news, being informed, is therefore a must for aspiring traders. Reading up on financial markets, products and tools is another basic requirement – the more, the better.
There is the option to consult one‘s house bank for an introduction into financial products and investing or trading. But of course banks will always promote their own products and interests, giving a somewhat skewed view of the possibilities.
Fortunately There Are Other Sources Available Online
The first step should be a consultation of the experts. The biographies and career development of successful traders can be studied online.
Then there is relevant literature, in-depth explanations and examples – all available on the web. Beginners usually find out by comparison which approach appeals to them.
The next step should be proper training. And again, the web delivers. Trial accounts offered by financial providers enable beginners to „play“ with the tools they will need later for investing or trading with real money.
Like with training for sports, or learning to drive, this helps newbies to acquire a certain insight and routine before entering into the contest.
Another Worthwhile Possibility Are Online Trading Courses
Here, beginners learn the ropes from the pros. They are introduced into trading stocks, forex or options under the tutelage of professional traders.
Of course some of these trading courses are available for free. Others cost money. The reason is quite simple: free online trading courses are not realtime but time-lagged.
This is not at all objectionable but compares to learning to swim in shallow water.
Moving to the professional, realtime trading courses literally means entering into realtime trading – supported by mentoring, chat room access, hands-on lessons and tools.
The Value of These Trading Courses Should Not Be Underestimated
They contribute significantly to a beginner‘s success in entering the financial markets, saving time, money and frustrations.
The topics covered include online courses on stock trading, forex trading, options and futures trading, algorithm-based trading and cryptocurrencies.
Something for everyone – even if you‘re more inclined to place your capital somewhere long-term, good online courses will provide in-depth knowledge facilitating your investment.
Detailed Trading Course Reviews
Trading Course Review
Type of Education
Stocks, Options, ETFs | 100% Free: Trading Room, Trade of the Week, Webinars, Videos, Stock Screener, Coupons
Stocks | Free Webinar, Alerts Service, Watchlist, Courses, DVDs
Stock Options | Trade alerts via email, SMS and mobile. Desk sharing, proven performance, discount available.
Stocks, Options, Futures | Free eBook, Trading Room, Courses, Simulator, Education Videos, Webinars, Coupons
Stocks | Free Demo Video Teaser, Courses, Chat Room, Webinars, Podcast
Stocks | Free Trial, Trading Room, Trading Courses
Stocks | Free Video Lessons, Stock Trading Chat Room, Courses, Watchlists, DVDs
Options | Trading Education
A bit of everything | Various Trading Education Online Courses
Stocks | trading courses, chat room
Penny Stocks | trading courses
A bit of everything | Various Trading Education Online Courses and Local Courses
About the Author
Alexander is an investor, trader, and founder of daytradingz.com. After devoting many years to educating himself on powerful day trading techniques and effective investment styles, he started trading and investing more actively. In the past 20 years, he has executed thousands of trades. In 2015, he began writing articles about trading, investing, and personal finance. He is very passionate about sharing his knowledge and strives for success in himself and others. Alexander has been featured on Benzinga, Rockstar Finance, and ESI Money.