17.07.2024

18 Best Forex Mentors and Courses to Follow in 2024

We have done a lot of work to create the best Forex backtesting products. Forex Tester and FTO help you hone your skills and develop effective trading strategies. But what if this is all new to you and you are still new to the trading market? Then we advise you to start with training courses. Here are 18 of the best (in our humble opinion) educational programs for those who want to trade Forex.

Top 18 list of Forex trading mentors and courses

ForexSignals
Six Figure Capital
Asia Forex Mentor
Benzinga
Bear Bull Traders
Humbled Trader
Orbex
Babypips
Fx academy
Ea Trading
Interactive Brokers
LAT
Lynk
Forex Factory
Until Paradise
Trading Channel
Trading Tribe on Skool
Forex Bulls

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Please note that this is not a rating from best to worst. They all are good in their own way. Now let’s compare them with each other.

Course Name	Price	Access Type	Mentorship
ForexSignals	Varies	Online	Daily live streams, chatrooms
Six Figure Capital	£97/month	Online	14-day course, mentorship
Asia Forex Mentor	£97/month	Online	One Core Program, mentorship
Benzinga	$9 first month	Online	Webinars
Bear Bull Traders	$39 – $199/month	Online	Live streams, webinars
Humbled Trader	$990	Online	Live streams, 1-on-1 mentorship
Orbex	Free	Online	Access to research team, free forex signals, webinars
Babypips	Free	Online	Community support
Fx academy	Free	Online	Interactive courses
Ea trading	Varies	Online	Courses, 24/7 chat
Interactive Brokers	Varies	Online	Courses, webinars
LAT	£400	Online/On-campus/Blended	1-on-1 mentorship
Lynk	£400	Online	1-on-1 mentorship, Q&A sessions
Forex Factory	Free	Online	Forums, trades
Until Paradise	Varies	Online	Chatroom, signals
Trading Channel	$997	Online	Email support, mentorship
Trading Tribe on Skool	Free	Online	Community support
Forex Bulls	Free	Online	Community support

And now let’s take a closer look at each of these mentors.

1. ForexSignals

ForexSignals.com helps Forex traders improve their skills with straightforward guidance from experienced coaches. The service includes daily live streams, educational videos, and a 24/7 trading room where traders can share ideas and learn new strategies. The platform also offers tools like the Momentum Meter and Risk Manager EA to help traders make better decisions.

Members can choose from several subscription plans, giving access to live trading sessions, strategy discussions, and real-time market analysis. The focus is on practical trading education and effective risk management to support traders at all levels.

2. Six Figure Capital

Six Figure Capital, led by Lewis Glasgow since 2013, offers a focused trading education across Forex, commodities, and cryptocurrencies. Their signature offering is a 14-day course designed to elevate traders from beginners to experts, applying a consistent trading strategy across multiple financial markets. The course covers fundamental trading principles, market terminology, and specific strategies such as Japanese Candlesticks and Harmonic Trading.

It is structured into 19 videos, with practical downloads and tools provided for immediate application. The course is complemented by the Harmonic Mastery Course, which delves deeper into advanced trading techniques. Options for enrollment include a monthly payment plan or a one-time lifetime access fee, both promising lifetime updates and ongoing support.

3. Asia Forex Mentor

Ezekiel Chew offers a trading course called the One Core Program through his platform, Asia Forex Mentor. He teaches significant financial trading across various markets, including forex and cryptocurrencies. With nearly 20 years of trading and over 12 years of mentoring, Chew focuses on high ROI strategies that he claims have earned millions for himself and his students.

The course promises to help new traders quickly understand and apply these strategies through a structured 14-day learning path. Chew’s method is designed to be simple enough for beginners while effective enough for serious trading gains, available via subscription or a one-time fee for lifetime access.

4. Benzinga

This trading service offers several premium tools and expert advice to help improve your trading strategies:

– Yield Report – Tim Melvin shares stock picks based on his three key criteria for just $9 in the first month.

– Options MoneyLine – Nic Chahine teaches profitable options trading strategies with a 90% success rate.

– Stock Picks Starter – Matt Maley, a 40-year Wall Street veteran, gives two stock picks each month for safer, long-term investing at $0.99.

They also host regular webinars to share the latest trading strategies. Additionally, you can try their Benzinga Pro research terminal free for two weeks to get breaking news and daily top stock picks.

5. Bear Bull Traders

The day trading program from BBT offers a focused educational approach designed for aspiring traders to master the fast-paced trading environment. Recognized by notable industry platforms such as Investopedia, Benzinga, and Business Insider, the program covers essential aspects like risk management, technical analysis, and trading psychology. BBT provides structured learning through technology application, strategy development, psychological mastery, personalized trading plans, and mentorship.

Membership tiers range from introductory courses for beginners to advanced options for serious traders, with prices varying from $39 for a one-week trial to $1,199 annually for comprehensive access to all resources and continuous coaching.

6. Humbled Trader

The Humbled Trader Academy, led by Shay, provides day trading courses for all levels. It offers live webinars, streaming, and a video library to teach trading strategies and risk management. Members can join a supportive Discord community to exchange ideas and get market insights.

The academy emphasizes personalized learning with options for one-on-one mentorship. Shay, a successful self-taught trader, focuses on practical and effective strategies, promising realistic results without overnight success.

7. Orbex

Orbex offers a comprehensive online trading academy, providing free educational resources for traders of all levels. Their curriculum includes courses on trading basics, market mechanics, price action, and advanced strategies, supported by award-winning market research. Orbex’s trading platforms, MT4 and MT5, are user-friendly and offer features like real-time charting, automated trading, and free forex signals.

They also provide 24/7 access to research, webinars, and VIP trading signals. Beginners can open demo accounts to practice without financial risk, and experienced traders can benefit from advanced tools and leverage options. The educational content is designed to help traders make informed decisions and maximize profits.

8. Babypips

The School of Pipsology offers a free online course for beginners to learn forex trading. It provides a comprehensive curriculum, starting from basic concepts like what forex is and how to trade, to more advanced topics such as technical analysis, chart patterns, and risk management. The course is divided into 11 sections, each designed to build the student’s knowledge progressively.

Key features include interactive lessons, progress tracking, and practical advice on choosing brokers, understanding market sentiment, and developing trading plans. This course is suitable for anyone new to forex trading who wants to learn at their own pace.

9. Fx academy

FX Academy offers free online courses for traders of all levels, covering key topics such as technical analysis, trading psychology, and safe use of leverage. Their interactive platform includes videos, quizzes, and personalized seminars, allowing students to learn at their own pace. The content is created by professional traders, including Cliff Wachtel, and is based on practical, real-world trading strategies.

FX Academy emphasizes the importance of patience and discipline in trading, and aims to provide a comprehensive education without any financial investment until the student feels ready. Huzefa Hamid, a seasoned trader, is one of the key instructors.

10. EA Trading

EA Trading Academy offers a free 21-day online program focused on algorithmic trading, expert advisors, and strategy builders. The courses are fully online, allowing learners to progress at their own pace. They cover various markets including forex, crypto, stocks, commodities, and NFTs. The academy provides numerous trading robots and expert advisors, which are backtested and proven effective.

Students can learn to build their own trading robots without needing programming skills. The academy also prepares traders for prop firm challenges and offers a 30-day money-back guarantee on all courses and robots.

11. Interactive Brokers

Interactive Brokers (IBKR) offers a comprehensive trading platform for professional traders worldwide. With access to 150 global markets, clients can trade various assets like stocks, options, futures, currencies, and bonds from a single platform. IBKR provides low trading fees, the lowest margin rates, and interest on cash balances.

Their platforms, available on mobile, web, and desktop, feature advanced trading tools, real-time trade confirmations, and detailed portfolio analysis. IBKR emphasizes security with strong capital reserves and automated risk controls. They also offer extensive educational resources, including webinars and podcasts, to help traders stay informed. The platform is highly rated by industry experts for professional and advanced trading.

12. London Academy of Trading

The London Academy of Trading (LAT) is the UK’s first accredited trading academy, offering flexible, accredited courses in forex, stocks, and options trading. Students can learn online, on-campus in London, or through a blended approach. Courses range from a one-week introduction to a 12-week advanced diploma.

LAT provides access to a $100,000 real-money trading account upon course completion and passing a funding audition. The academy features award-winning faculty, 10 hours of daily mentor support, and flexible payment plans. Accredited by BAC and CPD, LAT aims to develop practical skills and robust trading strategies for beginners and advanced traders.

13. Lynk

The Lynk Mentorship program offers a comprehensive package to help traders build a profitable system, potentially earning $10k-$50k per month. It addresses flaws in traditional trading coaching systems by providing full access to courses, a supportive community, and weekly Q&A calls for a one-time payment of £400.

The program focuses on helping traders develop complete strategies and achieve profitability. With proven student success and a focus on practical results, Lynk aims to revolutionize the way forex trading is taught and practiced.

14. Forex Factory

Forex Factory offers several key products to assist traders:

Forex Forums. A global community where traders share ideas, tactics, and experiences.
Forex Trades. Provides insights into live brokerage accounts, streaming trades, leaderboards, and position analysis.
Forex News. Delivers fast, reliable market news and curated financial stories 24/7.
Forex Calendar. An innovative economic calendar with event impact ratings, adaptive timestamps, and detailed views, supported by a team of financial economists.
Forex Market. Aggregates prices from multiple sources, offering synthetic instruments and ensuring exchange-like price integrity.
Forex Brokers. An advanced guide to regulated brokers with real-time information and spreads.
Trade Explorer. A tool for analyzing trading performance, with real-time synchronization and advanced graphing capabilities.

These products aim to provide comprehensive support and valuable insights for forex traders.

15. Until Paradisw

Until Paradisw’s trading mentorship program offers a straightforward and effective trading strategy aimed at doubling accounts quickly. His teachings are known for their simplicity and clarity, helping students learn trading skills rapidly. The program features interactive learning in a trading metaverse, weekly live classes, 24/7 access to Apollo and other members, and trade signals.

Success stories include students like SexyTrader and Lamar, who significantly grew their accounts using Apollo’s strategy. With over 15,000 active members and proven results, Apollo’s mentorship promises to help traders achieve financial success.

16. Trading Channel

The TTC Forex University, founded by Steven, offers a comprehensive trading course designed to help traders achieve financial freedom. The course covers the Triple Point Trading System, risk management, and trading psychology, aiming to turn beginners into profitable traders. Students benefit from a 30-day satisfaction guarantee, live weekly classes, 24/7 chat access, and email analysis of trades.

The course includes various modules such as technical analysis, strategy development, and backtesting. With over 150 hours of video lessons, the course can be completed at one’s own pace, and Steven personally mentors students through the entire learning process.

17. Trading Tribe on Skool

Trading Tribe, led by Brad Goh, is a private group with 24.7k members aimed at helping traders achieve financial freedom. The community focuses on self-improvement and profitable trading. Members get access to free online courses such as Market Mechanics Bootcamp, Price Action Mastery Course, 1% Challenge, The $10,000/Month Blueprint, and past Tribe lectures.

Membership is free but requires answering questions to ensure serious applicants. Once approved, members can engage with the community and participate in the courses and discussions.

18. Forex Bulls

This trading program offers a comprehensive system for traders seeking consistent profitability. It includes lifetime access to multiple proven trading systems designed to grow accounts from $0 to $10,000 per month. Members get 24/7 one-on-one expert advice, free VIP signals, and access to a community of like-minded traders.

The program features weekly live trading webinars and Q&A sessions with three millionaire forex mentors. It also comes with a 100% money-back guarantee if no profits are made within two months of completing the course and participating in all activities. The program is priced at $157, down from $497, with only five spots left for this month’s intake.

Best Forex Mentors on YouTube

Best YouTube Forex Educators

Best Forex Teachers on YouTube

The Importance of Following a Forex Mentor for Your Success

Here are 10 reasons why following a Forex mentor is indispensable for your success:

1. Accelerated learning

A Forex mentor can shorten your learning curve significantly by sharing their knowledge and experience.

2. Real-time guidance

You receive immediate feedback and support from a mentor, which is priceless when it comes to making informed trading decisions.

3. Proven strategies

Mentors bring tested and refined trading strategies to the table, saving you from the trial and error of developing your own methods.

4. Expanded network

They introduce you to a wider network within the Forex community, providing insights and opportunities to improve your trading strategies.

5. Risk management

A mentor helps you to face trading risks rationally. Proper risk management techniques will protect your capital.

6. Professional mindset

Success in Forex requires discipline and resilience, qualities that mentors instill in you through their guidance and example.

7. Customized guidance

They offer personalized advice to your individual trading style and goals, ensuring you develop strategies that align with your strengths.

8. Continuous improvement

A mentor keeps you updated on market trends and encourages ongoing learning and adaptation to stay competitive in the Forex market.

9.Validation of decisions

Having a mentor provides a second opinion on your trading decisions. So you can get validation or constructive criticism that helps refine your strategies.

10. Inspiration and motivation

Mentors inspire you with their success stories and help you stay motivated during challenging times. This is more important than it seems!

Never stop learning!

Choose the course that suits you best – and welcome to becoming a trader! Once you’ve completed your training, we also recommend taking our Forex Basics mini-course and installing Forex Tester to hone your knowledge in practice.

Keep learning and you will always be successful!

S. Do you know a good Forex trading mentor? Or do you like to add your own course to this list? Feel free to contact us:marketing@forextester.com.

Right now, you can join the Beta testing program to get access and help to improve FTO.

Join FTO Beta testing Waitlist to get access soon

FAQ

Are there other courses and mentors worth mentioning?

Yes, there are numerous other reputable courses and mentors, such as Andrew Mitchem, Marc Walton, Ezekiel Chew, Chris Svorcik, Clay Hodges, Stanley Druckenmiller, Anna Coulling, Nick Syiek, Marc Walton, Steve Luke, Gregory Taylor, Kathy Lien and others. Of course, this article doesn’t include all mentors, just highlights some of the most interesting and popular.

How can I practice new skills before I start taking risks on a live trading account?

Most Forex training programs offer demo accounts where you can practice trading with virtual money. This allows you to apply new strategies, get familiar with the trading platform, and understand market movements without financial risk. To keep practicing your strategies after the course, download Forex Tester professional backtesting software. This will help you to get more experience and confidence before you start trading on real account.

How do different Forex mentorship programs tailor their approach for beginners versus experienced traders?

Forex mentorship programs typically differentiate their approach by offering foundational courses for beginners that cover basics and risk management, while providing advanced strategies, deeper market analysis, and more personalized coaching for experienced traders.

What red flags should warn me against a particular Forex mentor?

Avoid mentors who don’t show their own accounts. This may signal that they are not good enough at trading to publicly demonstrate their practice. Choose those who openly show their balances, their Forex indicators, and strategies. You should also avoid mentors who promise you guaranteed income without warning you about the risks.

What else can I learn besides courses and YouTube videos?

In addition to the courses and YouTube channels discussed in this video, we recommend studying at least 2-3 books about practical trading to gain fundamental knowledge.

Can a beginner in Forex trading benefit from a mentor?

Yes, a beginner can learn a lot from an experienced mentor. At the same time, it is important not to rely completely on a mentor, but to draw knowledge from different sources and engage in self-education. Read about Forex trading indicators, learn patterns, research historical data, and so on.

Are there any community or networking opportunities available through these Forex courses?

Yes, many Forex courses include access to community forums, social media groups, or member-only chat rooms where traders can connect, share insights, and learn from each other’s experiences. Use these opportunities to meet traders and continue to share your experiences.

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