7 Recommended Forums for Forex Traders
There are many trading forums out there, but here are seven that are highly recommended for beginners, arranged in no particular order:
The ForexFactory.com – This site has been around for over fourteen years. With 2,287 traders and counting, ForexFactory.com is where you can find forex threads, news, live accounts, trade feed, scanners, and forecasts all in one page. It is a prominent trading forum that has both an unswerving reputation and a massive base of traders and members. It also has a dedicated button for the market scanner, viewable by the last 4 hours up to the latest minute (you can even adjust your time zone settings). In short, you can find all you need in one website.
Babypips Forums — Babypips has an interactive site where discussions between and among traders and brokers happens. Through its School of Pipsology, it offers online courses for trading in the currency markets at no cost. Should you want to test your knowledge and approach, you can also take their trading quizzes on market-related topics. For immediate needs, you can consult their forex glossary, Forexpedia, and use it to enhance your vocabulary in trading, too! There are news from different providers that are available as well.
Forex Signals — This forum offers a free trial to their 24/7 live trading room. Founded in 2012, it now has over 40,000 members. It has a trading room where you can learn about some do’s and don’ts in the trade. You can choose from a lot of rooms, with each having at least one professional trader (you can join their mentorship program). Just in case you want to expand your knowledge to other kinds of trading, it also has information on bitcoin trading.
Forex Tips — ForexTips have many available various discussion forums that discuss various topics. They also have webinars which you can attend online. It similarly has a selection of forex tools: an economic calendar, forex IQ, and trade calculator. It also has a forex glossary. Further, it has a Forex Academy which is divided into levels: Forex 101 for beginners, advanced training, and expert training. If you need broker and trading software reviews, they likewise have accessible ones.
Earn Forex — Earn Forex has been helping traders since 2005. In their website, you can access service forums, forex discussions, trading platforms, advertisements, and even off-topic discussions. It also has links to different trading brokers, should you need them. What’s more, they have a weekly forex technical analysis.
Trade2Win — If you’re the type who likes to receive monthly newsletters, Trade2Win is the forum for you. They have an e-book, “Trade2Win FAQs,” that you can purchase through their site. They also host articles of many famous traders like Dr. Alexander Elder, William O’Neill, and John Bollinger. The website shows you how many threads and posts have been made for each forum topic.
Forex Peace Army— F