Gain knowledge and learn up-to-date techniques on how to conquer the forex market by joining one or more of the free online forex trading courses discussed in this post.
The forex market has made many millionaires and is still making more regardless of how tough it may seem these days. You simply need to learn to play the game and have a trained eye to know which stock is good to buy, the right time to buy, the right time to sell and also learn risk management to cut your losses as much as possible.
These and many more are skills you’ll gain when you participate in one of these free online forex trading courses. Whether you are just starting out as a forex trader or already one, there is no end to the things you’ll learn. It is a market, changes usually occur, market trends shift and new ones come therefore you need to keep learning to keep up with any changes.
This way, you get to learn new, updated trading techniques and terminologies and make use of demo accounts to practice what you’ve learned before applying them to your trades.
What is Forex Trading?
Forex trading is the buying and selling of currencies. The Forex Market, a decentralized trading platform, is where the trade is carried out and it is one of the most actively traded markets in the world. The market is open 24 hours a day from Sunday to Friday, trading time varies in different parts of the world due to international time zones.
These currencies are traded in pairs such as EUR/USD or JPY/GBP. When you make a forex trade, you sell one currency to buy another. Forex trading can be complex and may not be suitable for everyone but if you think it’s for you then keep reading.
Benefits of Free Online Forex Trading Courses
The benefits of taking free online trading courses are:
- You will be learning at your own convenience which can be from your home or while at work, and any other place you find comfortable enough to learn.
- The courses are “free” as described and will equip you with skills that will be beneficial to you in the market.
- The courses are held online, therefore flexible which allows you to fit them into your busy schedule
- You will learn the latest trading techniques without leaving a hole in your pocket
- Unlike traditional classes where you need to move around and spend money on transport and go through stress, in the online forex trading course, you don’t need to do any of that. You will be saving both money and stress.
- The free online forex trading courses are taught by well-known trading experts who know in and out of the market.
Requirements to Take Forex Trading Courses Online
The requirements to take the free online forex trading courses are your passion to learn and the appropriate online learning tools to get started.
Top Free Online Forex Trading Courses
The free online forex trading courses are:
- Forex Trading for Beginners
- Forex Trading Course: Work Smarter Not Harder
- Become a Forex Trader – Forex Trading Like A Professional
- The Advanced Forex Course for Smart Traders
- Forex & Financial Market Trading Tutorial – Online Strategies
- The Essentials of Forex Fundamental Analysis
- Forex 101 – The Forex and CFD Trading Course
- Master the Meta Trader Platform
- Trading with Indicators
- Understanding Forex Swing Trading
- Forex Trading – Technical Analysis and Risk Management
1. Forex Trading for Beginners
Forex Trading has been around for a really long time now and is one of the coolest ways to make money from the comfort of your home. Because it’s been around for long, some people think it is already too late to join but what you do not know is that while you are there contemplating on whether to join or not some persons have started taking courses and practical lessons and are on their way to becoming professional traders.
The journey of a thousand miles begins with a single step, and this free online course from Udemy is your first step to becoming a forex trader and starting making money. This is one of the free online forex trading courses designed to equip you with basic trading skills such as teaching you how to set up an account, fund your wallet, trading techniques like using the stop loss and take profit, and so on.
Through this course, you will master the terminologies used in the market, understand trend lines, and be able to connect with other traders. Follow the link below to get started and take your first step.
2. Forex Trading Course: Work Smarter Not Harder
If you are a forex trader and your losses are higher than your profit, then it’s high time you change your game. This is one of the free online forex trading courses that will set you on the right path, educate you on things you need to learn, and apply in your trading to drive higher profit.
The course is a 1 hour and 17-minute video with 3 sections and 15 lectures. You will learn the latest trading terminologies such as Ask, Bid, Spread, Equity, etc., understand what leverage is and how it affects your trading and so much more.
3. Become a Forex Trader – Forex Trading Like A Professional
This is one of the free online forex trading courses offered on Udemy by Rolf, an expert forex trader. The course is designed to guide and train you on the path to becoming a professional in the market. You will learn the best price action patterns, technical analysis setups, how to read and understand charts and learn how to find the best trade.
The free online course is a 2-hour video with 2 sections and 12 lectures. It is self-paced and you can complete it on your own time.
4. The Advanced Forex Course for Smart Traders
This is a free tutorial on forex trading taught by Sam Eder on Udemy. It is one of the free online forex trading courses for those who are already trading in the forex market and looking to expand their knowledge by learning more trading techniques to use in the market. It takes approximately 5 hours to complete which covers 24 sections and 25 lectures.
The course will teach you the practices and principles used by popular market experts and how to apply them in your day-to-day trading, how to set effective objectives for your trading, how to identify low-risk ideas, develop the master trader mindset, advanced trade management techniques, and many more. In no time, you will see yourself becoming a trading wizard.
5. Forex & Financial Market Trading Tutorial – Online Strategies
This is one of the free online forex trading courses created by expert forex traders and taught online on Udemy to beginners and advanced traders. The course is specially designed to take you from beginner level to advanced level through a series of hands-on practice and theory.
The course is a 9-hour self-paced video with lifetime access. You will learn how to trade on different major financial symbols of different markets with higher success rates, analyze the market trends and use various trading tools, use the most important and common trading patterns, strategies, indicators, and oscillators on their technical analysis. The knowledge you will gain from this course will no doubt make you a professional.
6. The Essentials of Forex Fundamental Analysis
Brendan L. is teaching this course online for free to anyone interested in learning how to trade using fundamental analysis. It is one of the free online forex trading courses and is a 2-hour video with 11 lectures that will help you understand central bank policy and the impact on forex markets.
7. Forex 101 – The Forex and CFD Trading Course
Admiral Markets is a popular platform known for teaching interested individuals about the forex market online. Fortunately, they offer this particular course for free as most, if not all, of their other courses are paid. The course is taught by experts to help beginners with zero knowledge learn how to trade.
The course consists of 9 lessons taught in 18 different languages and each lesson contains a video, written notes, and a quiz. The first three lessons will be free, to unlock the rest, you will need to get a demo trading account so that you can practice what you’re learning instantly.
8. Master the Meta Trader Platform
What is a meta trader? How does it affect or concern forex trading? Get answers to these and more when you enroll for the course. It is one of the free online forex trading courses offered on Alison designed to equip you with an in-depth understanding of Meta Trader and how you can use it in the forex market.
9. Trading with Indicators
This is one of the free online forex trading courses offered on Aliso and teaches you technical indicators and how to use them to trade and analyze the forex market. You will also explore its importance, gain a complete understanding of how to select the best trading indicators, and gain other practical skills that will be essential for you in the financial markets.
10. Understanding Forex Swing Trading
This course explores the factors that determine the true value of a trading strategy and will teach you how to become competent in formulating a trade management plan. The course is one of the free online forex trading courses on Alison that takes approximately 3 hours to complete and at the end, you will master techniques that will help you achieve your trading goals.
11. Forex Trading – Technical Analysis and Risk Management
Risk management is one of the most important skills to have as a forex trader, this singular skill will save you from huge losses in the financial market. This course doesn’t just teach you risk management but also takes you through the basics of the forex market, teaching you about the currencies that are used in trading forex as well as the currency pairs.
Completing the course, you must have mastered technical analysis, forex pitfalls, and the role trendline plays. It takes approximately 3 hours to complete. It is one of the free online forex trading courses that you should consider taking.
This wraps up the list of free online forex trading courses and I hope they have been helpful. There are, without a doubt, hundreds of platforms and thousands of people out there that are forex trading teachers but how many of them are actually experts? And how about the ones that are just out to scam and exploit you?
You need to be careful with the whole “learning forex trading” thingy, the platforms offering these free online forex trading courses are well-known and they are also taught by experts at no cost.
Free Online Forex Trading Courses – FAQs
Can I teach myself forex trading?
There are many websites, books, and other resources dedicated to teaching people about forex trading, you can take advantage of them and learn on your own.
How long does it take to learn forex?
While the technical aspect of forex takes a few weeks to grasp, the psychological and risk management aspect can take up to 1 year to understand and you will have to keep learning.
What is the best way to learn forex trading?
The best way to learn forex trading is to read, research, and find an expert trader to teach you the ropes and in and out (be ready to pay a huge sum for this though) or refer to free online forex trading courses. Next, you may want to create a demo account and start practicing and in a few months, you can start trading.
Where can I learn forex trading online for free?
You can learn free online forex trading courses on Udemy and Alison.