Forex can seem confusing with the lingo, spreads, and charts that are used to estimate how much an investor can make. Thankfully, getting into this type of trading can be simple with the many trading courses that are available on the internet.
OANDA
OANDA is one of the top forex trading companies in the business, so learning how to trade foreign currencies using this platform can help you when it comes time to exchanging real funds. You can sign up for a free practice account at OANDA where you can use the tools of the business. This practical learning environment will help you learn the lingo and the best way to earn a profit. The account never expires, and you get unlimited free access to as many sessions as you want. This program starts you with 100,000 units that you can reset and work with on a continuous basis.
FOREX.com
Forex.com is another top website in the foreign trading industry. Many professionals use FOREX as their primary broker, and you can practice on its platform without paying. Signing up for a practice account gives you access to 50,000 units to work with until you learn the perfect method for earning your profit. You’ll have access to this platform for 30 days, so it isn’t as unlimited at OANDA, but it gives you a chance to try this platform before you begin trading on your own.
DailyFX
Some people prefer more conventional methods where they are taught the basics of Forex trading before they begin trading themselves. DailyFX has classes for those who want to learn how to buy low and sell high. The courses are divided into four portions, referred to as Freshman, Sophomore, Junior, and Senior year. As you move through these courses, you’ll learn the methods of foreign exchange and what it takes to make profits. The site slowly transitions you from working with practice money to real funds and actual trading.
FXAcademy
FXAcademy also provides classic courses where you can learn about foreign exchange before participating in trading. The courses are available at your pace, starting with defining forex training to the basics of support and resistance. FXAcademy trains you with strategy simulations where you can practice various situations you may find yourself in while trading. Whether you’re new, or you already have a grasp on foreign exchange, FXAcademy has courses to help you learn.
AVATRADE
AVATRADE is dedicated to those who prefer to watch videos rather than traditional courses. On this site, you can watch videos about basic forex terms, types of orders, strategies, the psychology of trading, and so much more. Even if you already have experience in foreign exchange, AVATRADE has videos that can help you learn. Some of the most valuable videos on the site teach future forex traders how to use the various platforms and tools of the business, which is essential for anyone if they wish to be successful.
