Forex Educators and Websites Each Pro Trader Need to Check

Forex trading is a very broad field. It includes a wide variety of instruments, trading strategies, Forex brokers, and trading platforms. No matter how much experience you or your team have, all Forex traders should constantly be looking to broaden their knowledge.

There are a number of Forex educators and online Forex education websites that make it easier to learn the ins and outs of Forex trading. With these resources, beginner and advanced traders alike can learn new information and improve their skill level.

To help you narrow down your options, we’ve compiled some of the popular Forex educators and websites available. These options offer the tools and learning materials to help your team become better Forex traders.

Why You Need Educators

Why bother seeking help from a Forex educator?

While your team may be very experienced, they can never stop learning. A Forex educator can help you:

Find the Right Information: With so much information available, it can be difficult to determine what is worth spending time on. There is always a new strategy, broker, or trading platform to learn about. A Forex educator will help you learn the information you need to know to be a skilled Forex trader.

 Learn Effective Strategies: Forex trading often involves losing money as you test different strategies. A qualified educator will help you learn effective, proven trading strategies.

Build a Foundation: Forex educators will provide your team of traders with a solid foundation to build off of.

Learn From Someone With Experience: One of the best ways to learn how to do something is to learn from someone with experience. These Forex educators can teach you the methods that have worked for them and help you avoid some of the mistakes they’ve made throughout their careers.

Ultimately, Forex educators compile the information you need to improve your Forex trading capabilities so that you can spend less time scouring the internet and more time trading.

What to Look For & Avoid

There is no shortage of Forex educators and education sites available online, making it difficult to know which ones are worth your time.

When determining which educator to go with, there are several factors you should consider before making your final decision.


Always read customer reviews before choosing a Forex educator.

Reviews can tell you what you will learn from the educator, whether or not it is worth the time or money, and if the program is a scam or not. Be sure to look for programs with a high number of positive reviews to ensure that the educator is qualified.

Educator Success

Would you take driving lessons from someone without a driver’s license?

Qualified educators should have demonstrable experience and success as Forex traders. Knowing that your educator has had success as a trader will help ensure that the strategies and other information you learn is effective.

Student Success

Student success is just as important as educator success. While many educators have had success themselves, that doesn’t necessarily make them good teachers.

Read testimonials and reviews to ensure that the students of any given educator have had success themselves. This is a good indicator that the educator is not just knowledgeable, but is also an effective teacher.

Certifications & Accreditation

Certifications and accreditation are yet another measure of experience and qualification.

Look for educators that have certifications that back up their experience. This could include Chartered Financial Analysts, Financial Risk Managers, Chartered Market Technicians, and other accreditation.

Professional Website

A professional website is the first sign that an educator is professional and takes their profession seriously.

In this day and age, there is no excuse to have an outdated, unhelpful website. Any educator worth your time will have made the effort to create a modern and informational web page.

Lawsuits & Scams

Be sure to do thorough research on any educator to ensure they haven’t been the subject of any lawsuits.

Also, carefully read reviews to see if any of them indicate that the educator or website has scammed any customers or participated in any other fraudulent behavior.

Popular Educators

To help you find the right educator for your team, we’ve compiled a list of a few of the popular Forex educators available.

These educators are experienced, reliable, qualified, and have exceptional customer satisfaction.

Rayner Teo

TradingwithRayner, by Rayner Teo, is one of the best and most popular Forex trading education programs available.

Rayner Teo will teach you everything you need to know, from trading strategies and risk management to technical indicators and more. He’ll also recommend other reliable resources, like books, group coaching sessions, and other trading tools.

One of the biggest downsides, however, is that Rayner hasn’t proven his success as a trader. While many of his students testify to the quality of his program, there’s no telling whether or not he has been able to successfully apply his teachings.


  • Free resources
  • Honest about expected results
  • Access to a large community of Forex traders
  • Positive reviews from students
  • Weekly market commentary
  • Live webinars
  • Effective trading strategies.


  • No proven personal success
  • Needs more trading examples
  • Some of the paid material is available for free

Sam Seiden

Sam Seiden is the Chief Trading Strategist and Instructor at Online Trading Academy. He has experience trading Forex, equities, futures, interest rate markets, and more, and has used his experience to teach others how to be successful Forex traders.

Sam is famous for his original supply and demand market timing strategy. One thing that sets Sam apart is that he does live trading to prove the efficacy of his trading strategies.


  • Proven personal success
  • Effective trading strategy
  • Impressive background
  • Positive reviews
  • Free resources


  • Not much variety, focuses on one strategy
  • Difficult strategy
  • No trading community

Navin Prithyani

Navin Prithyani is the founder of Urban Forex — a highly-reputable Forex training program.

Prithyani is a very successful educator who has been awarded by FXStreet and Udemy for his high-quality training webinars and courses. In his years as a Forex trader, Navin has had several different mentors and has compiled what he has learned into digestible training courses.

Urban Forex will teach you the basics of Forex trading, how to trade based on price action, how to perform technical analysis, and much more.


  • Highly-recommended by students
  • Qualified and reputable educator
  • Effective strategies
  • Good for beginners and advanced traders


  • Courses can be expensive
  • Some students reported poor communication
  • No trading community

Francis Hunt

Francis Hunt, founder of The Market Sniper, has over 30 years of experience as a professional trader and is the creator of the Hunt Volatility Funnel trading methodology — a system for determining the next most profitable trade.

Francis created The Market Sniper community to teach traders his HVF trading methodology and to give traders a place to interact with one another and discuss Forex trading strategies.


  • Free introductory materials
  • Free one-on-one consultation
  • Large community of traders
  • Good for beginners
  • Methodology applies to several markets, not just forex


  • Focuses on just one methodology

Dan Blystone

Dan Blystone is a very experienced trader who started his career on the Chicago Mercantile Exchange, later going on to trade Bund Futures at Altea Trading.

Over a decade ago, Dan founded, a website where he covers a wide range of topics relating to trading and financial markets. TradersLog is a free resource that offers a wide range of useful information for both novice and advanced traders.


  • Free
  • Wide range of information
  • Qualified educator
  • Free charts


  • No community
  • No courses
  • No live training sessions

Etienne Crete

Etienne Crete (from Montreal, Canada) is a swing trader, founder of Desire to Trade, trading academy. He helps aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.

Etienne interviews the greatest figures of the trading world and considers it is his mission to help traders implement their advice.


  • Educator talks the reality of trading and does not sell any “get rich in 3 months” scheme
  • Extensive knowledge of trading concepts and strategies
  • Access to professional community of traders


  • Not free
  • Not all courses accessible for all

Education Sites Worth Checking

Elite CurrenSea

Elite CurrenSea provides effective Forex, CFDs & Crypto trading systems traders.

Members get access to price action newsletters, weekly live training sessions, video tutorials, market analysis, free tools and indicators, and more.

There are four different programs to choose from, including a free program for beginners. There are also a number of other free educational resources for anyone to take advantage of.

Elite CurrenSea offers courses taught by Chris Svorcik, creator of the Simple Wave Analysis and Trading (SWAT) method, and Nenad Kerkez, creator of the CAMMACD method.


  • Free trading resources
  • Experienced educators
  • Great customer reviews
  • Live training sessions
  • Great trade analysis


  • Expensive training courses
  • Only two trading strategies


2ndSkiesForex is one of the highest-rated training programs on Forex Peace Army, making it one of the most reputable forex education sites available.

2ndSkiesForex offers a free beginners course along with free educational videos and training sessions.

Once you are comfortable with the basics, you can move onto the paid courses, which include the Advanced Price Action Course, the Advanced Traders Mindset Course, and the Advanced Ichimoku Course.


  • Free beginners course
  • Great reviews
  • Affordable courses
  • Free education materials


  •  Small course selection
  • Advanced Forex traders may not benefit from these courses

Strategic Trading Systems

Strategic Trading Systems offers Forex mentoring programs and forex trading system ebooks to help students develop a strong foundation for Forex trading.

There are four mentoring programs and three systems to choose from — each dedicated to different types of traders. All of the company’s products are under $500, making it one of the cheaper options for traders to choose from.


  • Affordable courses
  • Large number of positive reviews
  • Diverse selection of courses and ebooks


  •  Instructor doesn’t share results
  • No free materials

Forex Mentor Pro

Forex Mentor Pro has long been one of the most reputable Forex trading courses available online.

There are beginner courses as well as more advanced courses which can be accessed with a monthly subscription. Forex Mentor Pro offers three powerful trading systems, great tutorials, daily analysis, and much more.

Forex Mentor Pro is positively-reviewed by customers and is a great resource for novice and advanced traders alike.


  • Great reviews
  • Detailed courses
  • Beginner resources
  • Money-back guarantee


  •  Only available through a subscription
  • Some reviewers reported poor customer service and communication

Trading Heroes

Trading Heroes was started by Hugh Kimura, who wanted to document his trading journey. It is more of a blog rather than education platform, that has valuable articles based on the real experience of a trader, who has been in the industry for many years.

“I don’t pretend to know all the answers, but I whatever I blog about here comes from real-life experiences, conversations with professional Forex traders and my own experiments in trading, both good and bad”, says the author.


  • Based on real experience
  • Great articles, especially book reviews for traders
  • Beginner resources


  • No courses

Free Forex Education: Babypips

Babypips is known in the Forex trading community as one of the best free educational resources for beginner traders. The website makes no assumptions on your trading abilities and explains concepts in a very easy-to-understand manner.

Site members can access trading systems, trade ideas, analysis, quizzes, courses, and more tools. Babypips also has a very large and active community which members can interact with to develop strategies and get feedback.

Babypips is a fantastic resource for any trader looking to expand their knowledge without paying for expensive online courses.

Final Thoughts

Forex trading can be very complex. It’s easy to be overwhelmed by all the information related to Forex trading available online.

However, as a trader, it’s important to constantly broaden your knowledge in order to keep up with the market and your fellow traders.

The educators and websites listed above are great resources to help you and your team learn new strategies and improve your Forex trading capabilities.

Market Braces for October Volatility

As we enter a month already notorious for volatility and market crashes, an ominous brew of high-impact events lies directly ahead. With US stocks still near record highs, many are wondering if the market has reached a top and is due for a rout. Will the China/US trade talks, Trump impeachment inquiry, third quarter earnings and Brexit be the ingredients for an October perfect storm?

The October Effect

The ‘October Effect’ describes the perception that stock market sell-offs often take place during the tenth month of the year. The fact that many of the largest historical market crashes took place in October, including the Panic of 1907, the Wall Street Crash of 1929 and Black Monday of 1987, contributes to the sense of unease. The stock market crash of 2008 occurred just shy of October, on September 29th.

October Volatility

Research from LPL Financial suggests that October should actually be more famous for its volatility than crashes. The report points to the fact that since 1950, no other month has seen more 1% price moves for the S&P 500, while returns are roughly average. In a widely quoted note released last Friday, John Marshall of Goldman Sachs went even further back in his research, stating that since 1928 stock volatility has been on average 25% higher in October.

The equity derivatives strategist noted: “We believe high October volatility is more than just a coincidence. We believe it is a critical period for many investors and companies that manage performance to calendar year-end.”

US/China Trade War

Both stocks and the US dollar traded higher on Wednesday after President Trump stated that a US/China trade deal could be around the corner. Speaking to reporters at the United Nations in New York, he said: “They want to make a deal very badly… It could happen sooner than you think.”

Trade talks between the US and China are reportedly set to resume on October 10th and 11th in Washington. While the mood is currently cautiously optimistic, a further breakdown in trade relations will again raise fears of a global economic slowdown and roil the markets.

Trump Impeachment Inquiry

On Tuesday, Nancy Pelosi announced that the House of Representatives would initiate a formal impeachment inquiry against President Trump. The inquiry centers around an anonymous whistleblower report claiming that President Trump pressured Ukrainian president Volodymyr Zelensky to launch investigations into 2020 presidential candidate Joe Biden and his son, Hunter Biden.

Stocks sold off on the heels of the news. However, while we may see more volatility, historically impeachments are not negative for stocks. Stocks actually gained substantially during the impeachment process of Bill Clinton. Meanwhile, amid the turmoil in Washington, the US dollar was boosted by its safe-haven status.


Brexit, the scheduled withdrawal of the United Kingdom from the European Union, continues to keep the United Kingdom in a state of political chaos. The deadline for an agreement to be reached is Thursday October 31st. On September 4th, Members of Parliament voted to pass a law that would force Prime Minister Boris Johnson to request a three-month delay to Brexit to January 31, 2020 if a deal with the EU has not been reached.

However, on Thursday Sir John Major warned that the Prime Minister could use a so-called “Order of Council” to avoid implementing the legislation until after October 31st and thereby force through no-deal Brexit. The ongoing uncertainty over the future of the United Kingdom is leaving investors on the edge of their seats as the end of October deadline closes in. Bank of England Governor Mark Carney recently estimated that a disorderly Brexit would reduce UK GDP by about 5.5%.

October Federal Reserve Meeting

In July of 2019 the Federal Reserve lowered interest rates for the first time since the financial crisis of 2008. At the September meeting last week, the US central bank followed up cutting interest rates by 25 basis points to a range of 1.75% to 2.00%. The post-meeting statement cited concerns over a global economic slowdown and low inflation as justification for the move.

According to the CME FedWatch Tool, the market is currently pricing in a 44.9% chance of another 25 basis point rate cut at the October 30th meeting. Last Friday, Federal Reserve Vice Chair Richard Clarida stated that interest rate decisions for October and beyond will be made on a “case by case basis”.

The Bottom Line

August of 2019 was a volatile month for the market with 11 swings of over 1% in S&P 500. The Dow Jones Industrial Average tanked by 800 points on August 14th, marking its largest percentage drop of the year and fourth-largest point drop ever. August volatility was driven largely by mounting fears over the US/China trade war and the inverted yield curve, a reliable indicator of recession from the bond market. After a lull in volatility in September, the CBOE Volatility Index (VIX) reached a three-week high on Wednesday, as investors anxiously await the start of October.

Photo: @asafyrov

The Traveling Trader

The Traveling Trader

Trading draws people in with promises of wealth and freedom. While the lifestyle provides plenty of opportunities, traders need to remain focused to succeed.

Who doesn’t want to travel the world and meet new people? A new city every week. New cultures and new histories. And plenty of food to delight your senses. The life of a traveling trader offers a unique experience.

But is it everything we believe it to be? We sat down with professional trader Merlin DeSantis on living the life of a traveling trader.

Starting off in Trading

Merlin happens to be one of the lucky few to succeed before trading. As a Montreal entrepreneur, Merlin started and sold several businesses. By his early 20’s he amassed enough wealth to be able to delve into trading. A few of his friends suggested he try Forex.

With plenty of places to start, Merlin went online to consume as much material as he could. Most of the time, he spent reviewing charts. Luckily, Merlin’s hefty capital allowed him to learn to trade without going bankrupt along the way.

Seeing the World

Trading offers traders a chance to explore the world and meet new people. But Merlin saw it as more than just a chance to travel.

Merlin saw an opportunity to bring forex trading to real life. He travels to places that coincide with trading ideas. It allows him to immerse himself in the culture and really understand how forex impacted daily life. Through living in the countries he trades, especially in the large cities, he develops an intuition for the trades.

He allows his trades too often dictate his travel. Most trips last a month at a time. He spends a week or two in a city.  Trips always start with booking an Airbnb downtown. This allows him to branch out and meet people in everyday life.

Merlin connects with other traders through social media, including Instagram. One of his favorite activities is to check out the local shopping malls. Twice a week he takes a chance to make his way to the large commercial centers. He looks at which stores were empty and which ones full. Entering the stores, Merlin would talk to owners to get a sense of why their businesses performed the way they did.

By actively spending time looking at the latest trends, Merlin gains a tangible sense of commercial activity.

The Best Parts

It goes without saying that with travel comes the chance to eat your way through the city. Like many travelers, Merlin takes every chance to try new foods at least once. He’s had the opportunity to eat everywhere from East Asia to Western Europe.

When available, he’ll spend time at the beach. Because of the disparity in purchasing power, every once in a while, he avails himself of a Villa. This lets him live a life of pure luxury, at least for a short time.

Despite what you might believe, the tourist centers aren’t great places to visit. They’re often extremely crowded and don’t let the traveling trader spend their time efficiently. More often you’ll find Merlin off the beaten path, trying out more local ventures than tourist traps.

The older places let him sit for a moment and gain a sense of history. He looks at places that existed for thousands of years juxtaposed against modern society. Places like Istanbul have extensive histories that are almost jarring against a modern backdrop.

Don’t Let Your Guard Down

While trading and traveling can be fun, it’s important to maintain discipline. Many traders fall out early because they get caught up in the lifestyle. Even the best traders succumb to living life and losing focus.

Merlin made clear that he devotes around three hours per day studying charts. Trading gives you the ability to travel. That means it must stay at the forefront. You need to treat it like a business and not a luxury.

Best Advice

Even with a fun lifestyle, not everyone wants to live life forever. Many of the traveling traders happen to be in their early 20’s. Merlin eventually wants to settle down and start a family. Still, he thinks it’s important to try it out the younger you are.

And that isn’t easy. Most traders struggle for years to become profitable. The best way to shorten the learning curve is by finding a mentor or successful trader. You don’t have to copy their trading strategies. But, they can offer invaluable advice where to start.

Final Thoughts

Being a traveling trader doesn’t have to be a lonely venture. While travel itself can be cumbersome, it offers a unique chance to meet new people in different cultures. No matter where you go, there’s a trading community to be had.