Where To Go For A Free Forex Education

April 19, 2012 by Leo D. Endo  
Filed under ECommerce

It takes time and painstaking analysis to learn the currency market. Fortunately, some websites offer no-cost classes and a plethora of other learning tools. They serve beginning traders and advanced traders alike. These sites offer an online forex education free to every potential trader.

The best educational websites deliver a world of content at no cost. They offer sequential courses as well as blogs, forums, and online tools. Some even offer free videos and eBooks. With a subscription, some of these websites offer one-on-one training with a trading expert.

BabyPips: Perfect for Beginners

BabyPips strives to make learning about FX fun and approachable. They feature classes that start at the preschool level and finish at the college level. Registered users can follow their progress through the curriculum as they finish each module.

BabyPips features blogs by active traders. Examples include “Loonie Adventures of a Forex Noob” and “Piponomics”. They also offer discussion forums categorized by topic and by FX education level. In addition, they offer multiple online tools, including a currency converter, multiple calculators, and an economic calendar.

Forex4Noobs

Users of Forex4Noobs are training to achieve FX Ninja status. The classes proceed through five belts: white, yellow, green, brown, and black. The website has blogs and forums, like BabyPips, but also adds free webinars and video sessions. The site also boasts live trade visuals and free eBooks. They say that they can help investors to leave their day jobs and become full-time FX investors.

Forex Trading and Education: A Master’s Degree

FX Trading and Education is catered to investors ranging from intermediate to advanced. The founder, Vic Noble, traded futures and forex for over thirty years. His site offers several free classes, including “How to Trade Using Support and Resistance Levels” and “Top 20 Killer Trader Mistakes”.

Noble also offers a free video trading example every week. Old examples are archived for access at any time. In addition, he posts interviews with successful traders so that readers are always getting a fresh perspective from the real world. For a subscription, he offers Live Connect, which offers one-on-one training in weekly classes.

It is pointless to pay hundreds of dollars to learn about currency. Many no-cost programs offer an excellent array of materials. With materials for the beginner up to the seasoned investor, all of these sites offer a rigorous training regimen. They also offer contact with fellow traders via forums. Some even offer one-on-one tutoring. Overall, each site offers a top-notch forex education.

The uprising of forex techniques will always make things a little extra competitive to all. Whereas, you as a wise trader, must always look at the fundamental fx trading strategies.

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