The free online forex trading courses captured in this article are not just free but also the best ones that can accelerate your learning and sharpen your trading skills to make profits. Whether you are a complete beginner or one who wants to deepen his/her knowledge, this article is a must-read for you.
The Forex industry is such a one that needs constant learning to stay afloat with the latest techniques and strategies. With the understanding of the market, you are amassing a great chunk of profit, however, you need to learn continuously as the market is ever-evolving.
Now, continuous learning may not be a physical one. There are numerous forex trading courses offered online that can take you from a beginner level to a pro. The beautiful thing is that some of these courses are free.
In this article, we will be exploring those free online forex trading courses that can help you broaden your knowledge of the financial market and become a successful trader. I need you to pay close attention so you can get all you need to know about the courses.
If you are interested or have someone who wishes to take free courses on data analysis, here are some good courses for that. Let’s delve into our topic properly.
What is Forex Trading?
It won’t be so nice that I move straight to the courses without first refreshing our memory of what forex trading is all about. Forex trading is simply the exchange of one currency for another to make a profit from the trade.
You can say it is the buying and selling of global currencies in a way that you gain at the end of every trade.
Free Online Forex Trading Courses
Here are the various free online forex trading courses that you can take to speed up your learning curve, or deepen your knowledge of the financial market to become a successful trader. Just like I said earlier, I will list and give a brief overview so that you can full insights about them.
It is important to note that our data is obtained from deep research about the topic from trusted sources. Follow me as we take the ride.
- An Introduction to Forex Trading
- Forex 101- The Forex and CFD Trading Course
- Forex Trading for Beginners
- Forex- Trading Around the World
- Forex Trading- Technical Analysis and Risk Management
- Forex, Cryptos & Commodities
- Introduction to Financial Markets
- Master the Meta Trader Platform
- The Advanced Forex Course for Smart Traders
- School of Pipsology
1. An Introduction to Forex Trading
The first on our list of free online forex trading courses is the Introduction to forex trading course offered by Alison. This course provides comprehensive knowledge of the forex industry and gives an adequate foundation for it.
It captures how to choose a broker, different trading styles, and many others. Upon successful completion of the course, you must have learned about investment, trading, financial management, investment banking, forex, etc.
The duration is 1.5 to 3 hours, and it holds an accreditation from CPD. It is good to note that this course is completely free of charge.
2. Forex 101- The Forex and CFD Trading Course
The next course on our list is Forex 101- The forex and CFD trading course offered by Admiral Markets. The course talks by hand and walks you through all you need to know about Forex and CFDs. It is available in 18 different languages, and 9 video lessons.
This course is in three sections- Getting started, getting a feel for forex trading, and taking it to the next level. In getting started, you explore; getting to know forex, a trader’s starter pack, and practice time.
In “getting a feel for forex trading”, you explore setting up MT4, making your first trade, and thinking strategically, while in “taking it to the next level”, you explore creating your game plan, the power of indicators, and managing risk effectively.
3. Forex Trading for Beginners
Forex Trading for Beginners is another free forex trading course that you can take online. It is offered by Udemy, and taught by Luciano Kelly together with Learn Forex Mentor.
In this course, you will learn how to trade the forex market, understand what Japanese candlesticks are, learn how to trade Japanese candlesticks, understand what trend lines are all about and how to draw them, understand the significance of trend lines, learn how to trade trend line breaks and bounces, and many others.
The duration of this course is 1 hour 47 minutes, and it is taught in English. It is good to note that this course is completely free.
4. Forex- Trading Around the World
Forex- Trading around the world is a course offered by Coursera that teaches you all you need to know about the foreign currency market. The course explores intro to FX stock trading, entering an overseas trade, and understanding certain major products.
It has a duration of 12 hours, and a paid certificate is available. Upon successful completion of this course, you must have acquired the skills to make stock transactions in the foreign currency market. Use the link provided below to enroll.
5. Forex Trading- Technical Analysis and Risk Management
This is also one of the best free online forex trading courses that walks you through all you need to know about foreign exchange. Here, you will learn the six most traded currencies in foreign exchange, learn how to analyze the essential role of a country’s central bank in the forex market, and many others.
This course is offered by Alison and has a duration of about 1.5 to 3 hours. It is also accredited by CPD. Use the link below to enroll.
6. Forex, Cryptos & Commodities
Forex, Cryptos & Commodities is offered by Avatrade and gears at helping you gain a deeper understanding of the role of commodities in global trade. Here, you will learn the fundamentals of Forex, cryptocurrency Insights, Commodity Craftsmanship, etc.
The prerequisite to this course is the introduction to financial markets course which I will be explaining next. It is a good thing to know that you have full lifetime access to this course once you sign up for it. Enroll with the link below.
7. Introduction to Financial Markets
Introduction to Financial Markets is another one of the best free forex trading online courses that a beginner can take to get started. The course explains in detail all about the languages, units, and concepts that make up the financial landscape, thereby equipping you with a solid foundation.
It is offered by Avatrade, and have lifetime access once you sign up. You will learn derivative dynamics, historical insights, contracts for difference (CFDs), Vanilla options, spread betting clarity, financial trading, and others.
8. Master the Meta Trader Platform
This course exposes you to the best forex trading platform and helps you understand why more than 90% of brokers use MetaTrader as their primary trading interface. It is accredited by CPD and offered by Alison.
Here, you will learn the different types of pending orders in MT4, how to analyze the two ways of opening orders on MetaTrader, the three essential types of charts provided by MetaTrader, etc. Duration is about 1.5 hours to 3 hours.
9. The Advanced Forex Course for Smart Traders
The advanced forex course for smart traders is offered by Udemy. It teaches you how to scale up your current practices in the forex market. Here, you will learn how to set objectives for your trading, how to identify low-risk trade ideas, how to find high-probability set-ups and time an entry to improve the risk/reward ratio, and many others.
The course is taught in English and has a duration of about 4 hours 56 minutes. It is a good thing to know that this course is free.
10. School of Pipsology
School of Pipsology is sponsored by Babypips. It is a free online course that takes beginners by hand and walks them through the rudiments of the forex industry. It has about 11 sections in the course outline and has a way of helping you to track your progress.
Conclusion
The courses I listed above are not just free, but the best ones you can take to know your way around the forex industry. Some of them are for beginners while some are for those who want to deepen their knowledge of the financial market.
I wish you luck as you enroll in any of them that best matches your interest.
What is the Best Way to Learn Forex Trading?
The best way to learn forex trading is by learning from an expert who is already making waves in the industry. Alternatively, you can still learn by researching online, reading forex blogs, YouTube videos, and getting insights from friends.
How Long Does It Take to Learn Forex?
It takes about six months to one year to learn forex, however, you must note that the duration depends on your pace of learning.
Where Can I Learn Forex Trading Online for Free?
You can learn forex trading online for free from the courses and platforms I mentioned in this article. Though there are other platforms, the ones I listed are among the best.
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