FX Academy

Best for: Complete beginners on a budget
Price: Free, if you register for an FX Academy online account

FX Academy’s introductory course for complete forex beginners teaches the basics of forex, the motivations for choosing to trade in the forex market and the logistics of forex trading.

The course is split into the following six lessons:

  • What is Forex Trading?
  • Why Trade Forex?
  • More Reasons to Trade Forex
  • Trading Currency Pairs
  • Market Price Basics
  • Choosing an Online Broker

Each lesson contains a short, animated tutorial video and a lesson quiz to test your knowledge. There is also a written transcript of the video’s text for those who prefer to learn by reading.

The lessons finish with some additional reading on the selected topic.

The FX Academy also offers more advanced courses, with the Introduction to Forex Trading course providing the background knowledge needed to progress to the higher-level courses.

Other more advanced courses on offer include:

  • Risk Management
  • Volatility Studies
  • Fundamental Analysis
  • Scalping

A range of more technical courses include:

  • Applying SR and Candlesticks
  • Support and Resistance Basics
  • Advanced SR and Trend Lines
  • Fibonacci Retracement Levels
  • Moving Average Crossovers and Momentum
  • Trading with Price Action

The wide range of courses on offer has the potential to greatly supplement and grow your knowledge of operational trading in the forex market.

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CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.