Owing to the wonders of the internet, gone are those days when the scope of trading was limited to only investment professionals. Anyone having access to reliable trading resources can explore the theory and mechanics behind markets while building an understanding of plotting indicators, drawing patterns, performing trends analysis, configuring alerts, backtesting, and more.
Learning to trade is not rocket science but cracking this skill can also become an ordeal, especially for beginners. For this reason, it is important to have access to trading courses that help you gain practical trading exposure for more confident skill development followed by real-time support.
For this reason, we have cherry-picked the best trading course platforms in 2022 based on multiple parameters including but not limited to reputation, pricing, content diversity, and more.
Course providers in this review include:
Perfect Your Trading
eToro Trading school
Udemy
Asian Forex Mentor
Forex Signals
Let’s get started.
Perfect Your Trading is a UK-based educational trading platform that connects trading instructors and learners under a single roof. The instructors curate the training modules based on specific trading skills (e.g. technical charts and analysis) and offer them on the platform for the users to learn or upgrade their existing skill set.
Perfect Your Trading is designed to offer a wide range of training courses on trading curated by experienced and qualified instructors. With this platform, the users can pick their topic of interest from a pool of subjects including but not limited to cryptocurrencies, forex, technical charts and analysis, market psychology, and more.
The platform is designed to educate not only beginners but to also help experienced traders level up. The users are also offered a personal dashboard followed by access to insights, weekly reports, trading signals, and predictions.
There are two different methods to pay for the courses hosted on the platform.
Method 1: Buy the individual courses at the fixed quote as set by the instructor. Usually, these courses range anywhere between $15 to $200.
Method 2: Sign up for a monthly subscription and get access to credits in your account. Use these credits to access the courses.
While beginners usually need course library access, trading journals, and 1:1 sessions, experienced traders expect pro features, trading signals, value rank analysis, etc. Perfect Your Trading provides all these resources to help traders of all levels i.e. beginners, intermediate and experienced, hence making this platform suitable for all.
eToro Trading school is the education arm of eToro, a multi-asset broker and the world’s leading social trading platform. Established in January 2007 in Israel, eToro has emerged as the pioneer of social trading with collaboration, sharing, and investor education as the founding principle. eToro has also made a name for itself with its CopyTrader™ product that allows users to replicate the trading actions of other expert traders in the community.
The eToro Trading school was introduced as an initiative from eToro to provide the learners with a platform that can help them in becoming successful traders. The users can navigate to this platform to attend the following:
Online Trading Courses: The learners can watch the online sessions to build strong fundamentals of trading.
Classroom Courses: The learners can attend the live classroom training in Canary Wharf, London
Market Watch Webinars: The learners can attend this webinar to learn how the latest events affect the markets
The courses offered at eToro Trading school are more suitable for beginners with some learning opportunities for traders with intermediate-level skills.
Udemy is a leading provider of online video courses with more than 200K courses and 54 million enrolled students. The top categories on this platform include design, development, trading, marketing, business, photography, and music. Interestingly, Udemy is also a part of the MOOC (Massive Open Online Courses) movement and offers many courses free of cost.
While you can find almost any soft or hard skill to learn on Udemy, there is a lot of diversification as far as learning sophisticated trading skills is concerned. If you are new to stock trading, you can check out this course on Udemy- “Stock Market from Scratch for Complete Beginners”. The total length of the course is 6.5 hours with 57 lectures.
When your foundation is rock-solid, you can scale to more advanced courses like “The Complete Foundation Stock Trading Course” which can help you understand the important aspects like placing orders, risk management, chart analysis, and more.
The table illustrated below explains the pricing structure of the widely popular trading courses on Udemy.
Due to an extensive library of trading courses on Udemy, traders of all levels (beginner, intermediate, and expert) can find suitable courses for themselves.
The core product of the Asian Forex Mentor is the One Core program that trains the learners to focus on “ROI” in trading rather than profit or loss percentages which undoubtedly makes this program distinct from other courses out there. The curriculum is divided into the following sections:
Introduction
Price Action
Entries, Stop-Loss, Exits
The Business Behind Trading
Chart Reading
Strategies
The "Road to Millions" Formula
Trade Management Methods
Fundamental Analysis & Advanced Methods
The AFM Proprietary Point Calculation System
Trading Psychology & Lifestyle Trading
Live Trading Demo
The One Core Program from Asian Forex Mentor costs $997 (upfront payment), but with a seven-day free trial period. However, if you are confident about the course and want to make the payment directly without observing the free-trial period, then a $57 discount shall be offered which will discount the net payable amount to $940.
The Asia Forex Mentor trading course is best for both beginners and advanced traders looking to improve their trading experience.
Forex Signals was founded by Nick McDonald in May 2021. Besides the trading course, the website also provides a platform where traders can join and interact with others thus offering novice traders an opportunity of learning from the success of others. Today, more than 500K members have signed up on the platform with 52 full-time employees scattered around different parts of the world.
The trading courses on ForexSignals are offered by experienced traders covering a wide array of subjects including but not limited to:
Support & Resistance
Backtesting
Forex Technical Analysis
Forex Trading Psychology
Forex Divergence
The traders can also join the trading room to gain exposure of tested strategies, powerful tools, and much more.
ForexSignals is best suited for beginners who want to have more exposure to learning the different aspects of forex trading.
Selecting a good trading course can be a tough decision at first but with the above-reviewed trading courses, you should be good to go. If you are an aspiring trader or an experienced trader looking to push your potential, you could consider any of the above-reviewed trading courses depending on what you want to learn, your budget, and the level of commitment that you wish to make.
If you specifically want a flexible trading course, you could opt for the Perfect Your Trading course which allows you to choose your instructor and what you want to learn. If you want to master stock trading, the Udemy course could be a great course for you. Lastly, if you only want to learn about forex trading through a platform form where you can make monthly subscriptions, then the Forex signals trading course would be a good consideration.
Yes, they play a huge role in educating traders on how to get started and also assist them to sharpen their trading skills. All of these early skills are important to becoming a successful trader.
To become a day trader, you should first learn what day trading is and how to day trade. Perfect Your Trading could be a good place to find day trading courses to get you started.
Once you understand how day trading works, you can proceed to the process of selecting a reliable reputable broker and opening an account with them. It is advisable to select a broker that allows demo trading so that you can first practice what you have learned before investing your hard-earned money.
Once you are satisfied with the broker’s trading platform and you are confident that you can invest your money, you can go ahead and make a deposit using any of the payment methods allowed by the broker. It is advisable to select a broker that allows deposits and withdrawals through means available in your geological location and charges the least for deposits and withdrawals.
Yes, day trading courses help day traders to hone their trading skills to become successful day traders. Day trading courses assist beginners to learn what day trading is and how they can get started easily. On the other hand, they offer a deeper dive for experienced traders to help them further push their skills.
We think it is “Perfect Your Trading” because of the comprehensive courses, flexibility, and intuitive dashboard.
