Forex forum list
Here are my top 5 choices, according to their design, structure, level of activity of the spam-fighting.New forex bonuses
- Forex factory: the leading independent forex forum. The number of viewers that read the messages and the number of users that participate in the forums’ various threads are huge. There aren’t many forums, and the intense debates are seen in a few long running threads. Note that other threads are also active. The forum is based on the known straightforward phpbb platform, but was significantly tweaked. One of the things that make it a valuable resource is the high level of spam-fighting – the moderators, which work transparently, are tough with anything that smells like an unauthorized advertisement and the big amount of users also help in identifying these problematic replies. The site also has a calendar and a news section – both also popular.
- Forex-TSD: this is also a very popular. It’s design is more flat, making the threads more equal in popularity. There are no additional sections – this also contributes to the distribution of discussions. Also here, a high level of spam-fighting is seen – the moderators act quietly to eliminate unwanted messages.
- Fxstreet forums: the big independent forex portal has lots of resources, and the forum isn’t in the limelight. Still, the forum section is very well organized, has interesting debates about forex strategies, and enjoys a high level of moderation. One of the features that stands out is ask the wizard forum, where newbies get quick answers to their questions.
- Dailyfx forums: this portal, which is owned by FXCM, is rich in resources and in features. In my review of dailyfx, I mentioned that the forums are strictly separated from the main site. This is not to my liking, yet the forums are quite active and are well designed. For example, there’s a forum for each of the major currency pairs. The forum is moderated, but this moderation is sometimes slow – spam messages can get too much exposure in comparison to other forums.
- Oanda fxtrade: oanda is possibly the biggest broker in the world in terms of traders. The forums have a significant number of their traders, so some of the discussions are oanda-related. These discussions are valuable to users of the platform, an advantage I haven’t seen in other forums that belong to brokers. The level of activity is good, with a nice distribution of threads. Similar to forex factory, the moderation is transparent, and this is great. But similar to dailyfx, it’s sometimes slow.
Top 5 forex forums
Here are my top 5 choices, according to their design, structure, level of activity of the spam-fighting.
Online forums supply a need to share and communicate with fellow traders while sitting alone in front of the computer. A simple google search for forex forums will yield many more results in the front page, but not all of them are good enough. Here are my choices.
- Forex factory: the leading independent forex forum. The number of viewers that read the messages and the number of users that participate in the forums’ various threads are huge. There aren’t many forums, and the intense debates are seen in a few long running threads. Note that other threads are also active. The forum is based on the known straightforward phpbb platform, but was significantly tweaked. One of the things that make it a valuable resource is the high level of spam-fighting – the moderators, which work transparently, are tough with anything that smells like an unauthorized advertisement and the big amount of users also help in identifying these problematic replies. The site also has a calendar and a news section – both also popular.
- Forex-TSD: this is also a very popular. It’s design is more flat, making the threads more equal in popularity. There are no additional sections – this also contributes to the distribution of discussions. Also here, a high level of spam-fighting is seen – the moderators act quietly to eliminate unwanted messages.
- Fxstreet forums: the big independent forex portal has lots of resources, and the forum isn’t in the limelight. Still, the forum section is very well organized, has interesting debates about forex strategies, and enjoys a high level of moderation. One of the features that stands out is ask the wizard forum, where newbies get quick answers to their questions.
- Dailyfx forums: this portal, which is owned by FXCM, is rich in resources and in features. In my review of dailyfx, I mentioned that the forums are strictly separated from the main site. This is not to my liking, yet the forums are quite active and are well designed. For example, there’s a forum for each of the major currency pairs. The forum is moderated, but this moderation is sometimes slow – spam messages can get too much exposure in comparison to other forums.
- Oanda fxtrade: oanda is possibly the biggest broker in the world in terms of traders. The forums have a significant number of their traders, so some of the discussions are oanda-related. These discussions are valuable to users of the platform, an advantage I haven’t seen in other forums that belong to brokers. The level of activity is good, with a nice distribution of threads. Similar to forex factory, the moderation is transparent, and this is great. But similar to dailyfx, it’s sometimes slow.
Do you have additional high quality forums that you think that belong in the list? Let me know…
Want to see what other traders are doing in real accounts? Check out currensee. It’s free.
About author
Yohay elam – founder, writer and editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding forex crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. In computer science from ben gurion university. Given this background, forex software has a relatively bigger share in the posts. Yohay's google profile
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Forex forum list
Todays posts daily group message daily events mark forums read. The best forex blogs from thousands of top forex blogs in our index using search and social metrics.
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I gathered a list of the best forex related blogs and websites and now we have a huge list of top 100 forex blogs.
Forex forum list. So heres what i did. The original and still the best forex forum. The most popular forex forums are.
Forex brokers list live forex rates news charts. Data will be refreshed once a week. Eurusd charts gbpusd charts usdjpy charts usdchf charts usdcad charts eurjpy charts gbpjpy charts audusd charts gold charts bitcoin charts.
Todays posts forum rules faq calendar community member list forum actions mark forums read quick links view forum leaders invite friends. From the list below select the forum that you want to visit and register to post as many times you want. Top 10 forex forums a forex forum is online discussion site where other people hold conversations about forex market and trading in general in a form of posted messages.
Welcome to forex forum where you will be able to find the most complete and reliable forex information imaginable. Follow the leading top 10 forex forums with guidance that traders ever follow. We have made this list by reviewing senior members and expert traders.
I googled ! For other sites that have list of forex blogs and all of them ! Were old incomplete with lots of dead links etc. It contains 20 different forums related to different aspects of forex trading including technical and fundamental analysis trading systems and strategies forex brokers and forex education a section dedicated to metatrader and sub forums in non english languages such as russian chinese and spanish. Forex trading hub with currency trading tools.
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List of 8 top forex forums you should visit
These are the top forex forums at the time of writing this article.
FOREX ABODE
Forex abode forum is entirely free to access and among the top forex forums because of their information.
The information on the website is worth it even when compare to paid forex forum.
If you are really serious with this forum you can find out a lot of information on the forum.
The site is large and every page is worth reading.
They include fundamentals of trading, technical view of trading, forecast, talks about brokers, trading tools and others.
Forexadobe believes anyone can complain, criticize or just fool around on his websites.
Knowing and growing together to make his forum a better place for everyone is what he wants.
FOREX FACTORY
Some traders call this forum the leading independent forex forum, to me I think it is also worth being on the list of top forex forums.
The number of viewers that read the messages and users that participate in the forum of various threads are huge.
Forex factory also have a trade explorer that makes traders view different running accounts .
It covers forums like interactive trading, commodities and stock, trading systems, trading discussion and others.
Forex factory believes professional forex traders from around the world can converge and learn from one another.
The website is designed exclusively to provide high-quality information that traders can apply in their pursuit of profits.
They claim to be currently the number one most viewed forex-related website,
Forex factory does not request for any fund or fee from any trader to use their service.
They earn revenues by selling banner advertising and by charging forex broker a fee to be listed on their brokers guide.
When it comes to top forex forums they are worth it.
BABY PIPS
According to my research people from all over the world believes baby pips is incredible for beginners.
If we are listing top forex forums, baby pips must not be left behind.
In 2005, baby pips started providing content in the form of educational articles and lessons and much more like forum.
Baby pips claim to have over 200,000 members who can’t live without visiting the website frequently.
They want traders to use the forum to look out for experienced forex traders, ready to lend a helping hand.
Baby pips members are great, their articles and resources are usually interesting.
“ we created babypips.Com to be the complete and quality educational resource for all forex traders on the web”
Said by baby pips is true.
FOREXPEACEARMY
Dmitri chavkerov started forexpeacearmy because of what most forex brokers, forex signals/robots websites do to
Forex traders taking their money away by committing fraud.
These brokers and product sellers are the forex thieves that dmitri has been exposing for the past years.
Now forex peace army is a review based website and forum community for forex traders around the world.
It gives traders the opportunity to write out there mind about a trading system, robots, indicators and even brokers.
Forexpeacearmy have a community purposely designed to protect forex traders from scams.
They also point out the best products and services that forex traders have actually had success with.
They are worth checking when purchasing new expert advisors, indicators or even investing with a broker.
FORUM.MT5
This websites is created for those who prefer the terminal of metatrader series in trading on forex.
Forex forum mt5.Com want traders to come leave negative or positive experience about any forex related issue.
Their are lots of active threads on these websites that can give you a lot of information you need.
Your homework is to do your findings on the thread that suites you.
Trade2win
Everyday, thousands of traders visit this website.
They want everyone to benefits from experienced traders around the world.
They claim that they want to unite and support active traders across the globe.
That is the reason they have provided a range of facilities that enable members to communicate with one another, share
Their knowledge and express their views.
This forum websites is perfect for beginners and advance traders when looking for new updates in forex trading.
They don’t charge any fee for using their service.
Therefore there is no crime in trying them out for your source of information.
FORUM.MQL4
This forum is to provide visitors with an opportunity to freely communicate and discuss issues of programming in MQL4.
If you are interested in testing new automated trading system or indicators this is the right place for you.
Issues concerning developing and use of mechanical systems and other programs written in MQL4 are discussed here.
In the forum, you will be able to exchange experience with colleagues from all over the world.
If you have a question, ask it here, and you will certainly receive help.
MQL5 FORUM
Metaquotes language 5 (MQL5) is a new integrated programming language for developing indicators and trading
Over a hundred of brokerage companies and banks use the platform to provide their services for customers.
This forum also provide visitors with an opportunity to freely communicate and discuss issues of programming in MQL5
So you can also find a lot of things to learn and extract from this forum.
Conclusion
Be careful with what you take into your head.
Forums can break you or make you.
It is left for you to decide what you are taking into your mind while searching through various forums.
Newbie and professional traders are all involved in the posting of information in those forums.
If you are not careful you may regret later.
Having the right information at the right time is worth more than 10,000 hours of study but having the wrong
Information may rewind your life with 10 years.
If you have your list of top forex forums let us know.
The 11 best forex websites
Updated 20 january 2021
In this article skip to section
Trading on the foreign exchange market, or forex trading as it is more commonly referred to, takes a considerable amount of skill and knowledge.
For beginner traders, there’s a lot to learn, from basic concepts to trading strategies, risk management and platform familiarisation.
Once you’ve built the confidence to begin trading, you’ll then need to stay on top of market trends, economic news and global events that may impact the market. You’ll also want to continually improve your trading skills, learning how to successfully execute increasingly profitable trades.
Thankfully, there is a huge amount of information available online and it is relatively easy for beginner and experienced traders alike to find all they need to know with a little bit of research.
You’ll want to be sure that the sources you turn to are legitimate and trustworthy. Whether you’re looking for news, technical analysis, strategy guidance or educational resources, it’s vital that the sites you use are reputable.
To help you get started, here is our list of 11 of the best forex websites available.
11 best websites to learn forex trading
The following top forex trading websites include those providing news, education, analysis and trading tools. For a successful trading career, it’s best to use several in conjunction with one another.
1. Etoro trading school
Best for: multi market overview
The one day etoro trading school course covers multiple trading areas including forex, cryptocurrency and stocks.
In-person education is delivered by henry ward, a professional trader with over 10 years’ experience under his belt.
Though the course claims to be suitable for traders of all levels, the content is well suited to beginner traders, or those looking to learn more before dipping their toes into the water.
You’ll have an introduction to the financial markets, learn essential key terms and what they represent, and walk through the fundamental principles of trading.
Perhaps the most useful element of the course for beginners is the introduction of trading personalities. This should help you identify what type of trader you are and determine the most appropriate styles to suit.
In addition to the classroom-based course, held in london’s canary wharf, there’s also a library of webinars and podcasts for those interested in distance learning.
2. Babypips
Best for: beginner education
The first on our list of best forex websites is babypips, a user-friendly site with an easy to navigate layout and a range of tools and features ideal for those new to the world of forex trading.
It posts regular news updates and feature articles in areas such as:
- Technical analysis
- Trade ideas
- Trading psychology
However, it’s through its educational content that babypips really shines.
Its school of pipsology takes a light-hearted approach to what is essentially a highly complex topic. Lesson articles are separated into 11 courses, beginning at pre-school level through to graduation, and are supported with online quizzes and a comprehensive glossary of terms.
There are also several free to use tools, like its position size calculator and gain and loss percentage calculator, designed to help beginner traders mitigate risk and assess the profitability of their trades.
Signing up for an account is free and you can also exchange tips and ideas with fellow traders through its various forums, making babypips perhaps the best website for forex education for beginners.
3. Bloomberg
Best for: financial news and analysis
Bloomberg is the customer-facing website of the international news agency, bloomberg news. It covers just about everything you need to know about events in finance, business and trading.
With stories updated as they unfold from around the globe, it is probably the best website for forex news, as well as providing markets trends, analysis and currency data.
Users are permitted free access to a limited number of articles each month. To get the most from bloomberg’s services, you’ll probably want to consider signing up for either its digital or all-access subscription, which can be paid for monthly or annually. These come with additional benefits including the open and close, bloomberg’s daily newsletter for traders.
4. Dailyfx
Best for: forex calendars
Dailyfx is a free to use website powered by UK-based brokerage, IG. As you would expect from a broker-run site, it provides live market data for major currency pairs, with both simple view and detailed view charts for in-depth technical analysis.
The site provides regularly updated financial news, which is easily filtered by market. You’ll find several articles per day posted under the forex news tab. This is complemented by a separate real-time news feed that pulls in breaking information from accredited sources.
There are plenty of educational resources in dailyfx’s forex university, with courses offered at beginner, intermediate, advanced and expert level. You can also take advantage of its daily live webinars.
There are several useful trading tools including pivot point and trader sentiment charts, but perhaps the most useful tools are the economic and central banks calendars. These provide clear details of upcoming global events and future meetings of each country’s central bank respectively, allowing you to make informed predictions on potential market movement and adjust your positions accordingly.
5. FOREX.Com
Best for: metatrader training
FOREX.Com is a leading UK forex broker that offers a comprehensive library of educational content. As a broker regulated by the financial conduct authority, you can be sure that the guidance provided by FOREX.Com is trustworthy and from a reputable source.
All of the educational materials are free, you do not have to open a trading account with forex.Com to access them.
- Technical analysis
- Trading strategies and concepts
- Managing risk
Resources are separated into the three levels of beginner, intermediate and advanced.
Forex.Com also offers training on trading platforms. This includes its proprietary platform, but perhaps of more value, it also provides several tutorials on the use of the metatrader suite.
As many forex brokers provide this platform, learning how to use it to full effect is well worth your time.
6. Forexfactory
Best for: forex forums
This entry in our list of best forex websites is more geared towards the professional trader and, as its name would suggest, focuses solely on the foreign exchange market.
Information is easily accessible under six simple tabs. Some key ones are:
- The ‘brokers’ tab offers an overview of several forex brokers, including their real-time spreads
- The ‘market’ tab provides a live scanner and customisable forex charts
- A detailed economic calendar sits under the ‘calendar’ tab
Although not comparable with some of our other best forex websites, there’s also a fairly comprehensive news feed.
Forex factory’s best features are probably found under its ‘trades’ and ‘forums’ tabs. The former allows you to see live trades being placed by others in the market, with the latter hosting a wide range of active discussions.
You can use forex factory for free, but you will need to register for an account to take part in its forum threads.
7. Fxstreet
Best for: good all-rounder
A highly popular source of information in the trading community, fxstreet is a good all-round site providing everything you’d expect to find on one of the top forex trading websites.
News, analysis and a range of forex charts are available including live charts, a forecast poll and rates table. Fxstreet’s chart station allows you to track four charts on one page for detailed and comparative analysis.
A lot of fxstreet’s resources and tools are free to use, including its trading signals service, although signal notifications are limited per month and subject to a 15-minute delay.
To make the most of this feature and get access to all signals in real-time, you’ll need to upgrade to fxstreet premium for a monthly fee. This will also give you access to its trading institute, which hosts four live forex webinars per week.
8. Investing.Com
Best for: free trading tools
This free-to-use website provides a wealth of useful trading information and resources including:
- News
- Analysis
- Real-time data
- Educational material
Investing.Com prides itself on catering to beginner traders, with premium features free of charge. Although a US-based website, it provides a localised service.
Investing.Com is also one of the best forex websites when it comes to free tools. Of particular note are its forex volatility and forex correlation calculators. These allow novice traders to get to grips with both the historic volatility and correlation data of a wide range of currency pairs, enabling them to make better-informed trading decisions.
9. Investopedia
Best for: mid-level education and interactive learning
Next on our list of best forex websites is investopedia, a comprehensive resource providing:
- Market news
- Trend analysis
- Trading education
Investopedia has an exceptionally clean layout that is easy to navigate and user-friendly. Its news updates are separated under category tabs including ‘company’, ‘markets’, ‘trading’ and ‘political news’, though its coverage does not compare with the more dedicated news sites like bloomberg.
You’ll find a multitude of educational articles that cover everything from basic terminology to professional trading strategies. These are well structured and informative, but perhaps a little more complex than the educational content found on babypips.
For more in-depth and interactive learning, the investopedia academy is a valuable resource. Courses are available for all levels of experience, each consisting of over 30 individual on-demand video lessons and supporting materials like quizzes and practice exercises. Whilst its onsite articles are free to access, the investopedia academy is a paid-for service.
10. Tradingview
Best for: forex charting
Tradingview is one of the top forex trading websites for charting and social networking. Through cloud-based software, traders of all levels of experience can easily research and track the market with customisable charts set up for specific alerts and indicators.
There are four plans available:
- Basic
- Pro
- Pro+
- Premium
The basic account is free but relatively limited. If you’re new to trading and want to practice charting currency pairs, then the basic account may work for you.
However, to take full advantage of tradingview’s charting software and active social community, you’ll need to upgrade to one of the paid plans. These do all come with a free trial, so you can try them out before making a long-term commitment.
11. Udemy
Best for: on-demand learning
Unlike the other forex websites in this list, udemy is not specifically designed for trading education or information. Rather, it is a global online learning platform that hosts a multitude of courses in almost every subject imaginable.
That said, it has an extensive range of resources for those looking to learn about trading on the foreign exchange market. A simple search for forex brings up over 2,000 courses, from introductory overviews to expert level lectures.
Whilst there are some free-to-access courses, most are paid-for lectures. Prices vary greatly and some can be quite steep, but you’ll often find price promotions that offer a significant discount. Courses are taken through on-demand video and most feature additional resources such as supporting articles or assignments.
Under each course heading, you’ll find an overview of what you’ll learn, a breakdown of each lecture and details on the course instructor. You’ll also see a course star rating and be able to read informative feedback from previous students.
Final thoughts
There are so many websites for forex news and education that it can be difficult to know which ones you can trust, and which ones are best avoided. Hopefully, the above list has provided you with a variety of reputable sources with which to start or progress your forex trading journey.
As mentioned, it’s best to use several of these sites to ensure you’re covering all the basics when it comes to learning about forex trading.
For beginners, it’s advisable to start with basic educational content before moving on to market research and using trading tools. That way, you’ll fully understand how what you’re reading and the tools your using can help you make better-informed trading decisions.
Wikijob does not provide tax, investment or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal.
Forex forum list
A forex forum is an online discussion site where other people hold conversations about the forex market and trading in general in a form of posted messages. The most popular forex forums are
1. Forex factory - a leading online forum with a huge trader base and established reputation
2. Dailyfx forum - a forum owned by one of the leading brokers - FXCM
3. MT5 forum - official forum of metatrader users
4. Babypips forum - one of the best forex educational sites with forum
5. MQL4 forum - official forum of metatrader users
6. Earnforex - another well-populated forex forum
7. Elitetrader - forum without subsections
8. Trade2win forums - a forum dedicated to forex traders
9. Forex TSD - very popular forex forum
10. Forex abode forums - another well populated forex forum
147 comments:
This post will be very useful to understand about the currency market and get few forex tips and discussions on these message boards.
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Forex trading is a zero sum game. For every long there is also a short
Visit this for learning forex
Here are the some top most forums which delivers great forex information and accurate forex signals to traders.
Forex forum
Not what you're looking for? Try…
I have started trading recently and have had a mixed experience so far.
Hows your experience being?
(original post by king786)
I have started trading recently and have had a mixed experience so far.
Hows your experience being?
I started about 6 weeks ago with investment of around £2800 first couple of weeks went well and account balance grew to just over £6000, I then withdrew £1600. I had around 15 trades open which all where in negatives and were eating into my equity as my free cash got lower and lower the broker closed the trades I lost around £4400. I decided to start again with £200 investment again things were okay for a couple of days and again the trades turned to negatives I have also everything again.
I am taking a couple of days break and will start again.
What are your strategies and trade plans?
Any advice would be much appreciated.
(original post by king786)
I started about 6 weeks ago with investment of around £2800 first couple of weeks went well and account balance grew to just over £6000, I then withdrew £1600. I had around 15 trades open which all where in negatives and were eating into my equity as my free cash got lower and lower the broker closed the trades I lost around £4400. I decided to start again with £200 investment again things were okay for a couple of days and again the trades turned to negatives I have also everything again.
I am taking a couple of days break and will start again.
What are your strategies and trade plans?
Any advice would be much appreciated.
Biggest advice i can give you, forex is a negative sum game, like poker, but unlike poker, your skill doesnt determine your results.
Stay away from forex, or risk losing your bankroll,
(original post by rickfloss)
biggest advice i can give you, forex is a negative sum game, like poker, but unlike poker, your skill doesnt determine your results.
Stay away from forex, or risk losing your bankroll,
If you want to make £10-£20,000 a year tax free, read my threads
What threads are you talking about? I am not wanting to get into making money from casinos.
(original post by king786)
what threads are you talking about? I am not wanting to get into making money from casinos.
(original post by king786)
I started about 6 weeks ago with investment of around £2800 first couple of weeks went well and account balance grew to just over £6000, I then withdrew £1600. I had around 15 trades open which all where in negatives and were eating into my equity as my free cash got lower and lower the broker closed the trades I lost around £4400. I decided to start again with £200 investment again things were okay for a couple of days and again the trades turned to negatives I have also everything again.
I am taking a couple of days break and will start again.
What are your strategies and trade plans?
Any advice would be much appreciated.
Support and resistance. I don't really share stuff but here is a trade http://i.Imgur.Com/iljwsyz.Png and less than 1 hour trade
(original post by ronmack)
charts bro charts bro
Support and resistance. I don't really share stuff but here is a trade http://i.Imgur.Com/iljwsyz.Png and less than 1 hour trade
You could be right 95% of times, casino is about luck here it's about technical analysis
Come on bro share your ideas and the key to your success as why create a thread and then not share your ideas and your successful trading strategy.
Come on share your knowledge!
(original post by king786)
come on bro share your ideas and the key to your success as why create a thread and then not share your ideas and your successful trading strategy.
Come on share your knowledge!
What support and resistance do you use?
I don't actually have a strategy or trading plan, I was just analysing data from my broker and the investing.Com website. That's why I wanting to know what your strategy and trading plan is. Or have a strategy of what you use.
I guess the reason I risked more money was because I was doing so well and my account balance had nearly trippled and I did not really think of the implications of what would have happen if I lose all my money something I realised too late.
What indicators and sources of information do use?
I use a indicator called marketscalper PRO and tradebuilder, it's alright nothing great. How could you trust some site with your money. This is just beyond me. Those analysis they do on investing.Com is wrong most of the time. The other indicator I use is allmacd.
(original post by king786)
what support and resistance do you use?
I don't actually have a strategy or trading plan, I was just analysing data from my broker and the investing.Com website. That's why I wanting to know what your strategy and trading plan is. Or have a strategy of what you use.
I guess the reason I risked more money was because I was doing so well and my account balance had nearly trippled and I did not really think of the implications of what would have happen if I lose all my money something I realised too late.
What indicators and sources of information do use?
Tomorrow will be US unemployment results http://www.Forexfactory.Com/calendar.Php and sources are saying it will fall to 6.4 percent. You can put a buy option on EURUSD OR sell option on USDCHF. Again do your own research as well.
If the results are coming 8:30 eastern time, you could put your option at 8:15 or something like that
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Forex forum list
A forex forum is an online discussion site where other people hold conversations about the forex market and trading in general in a form of posted messages. The most popular forex forums are
1. Forex factory - a leading online forum with a huge trader base and established reputation
2. Dailyfx forum - a forum owned by one of the leading brokers - FXCM
3. MT5 forum - official forum of metatrader users
4. Babypips forum - one of the best forex educational sites with forum
5. MQL4 forum - official forum of metatrader users
6. Earnforex - another well-populated forex forum
7. Elitetrader - forum without subsections
8. Trade2win forums - a forum dedicated to forex traders
9. Forex TSD - very popular forex forum
10. Forex abode forums - another well populated forex forum
147 comments:
This post will be very useful to understand about the currency market and get few forex tips and discussions on these message boards.
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Here are the some top most forums which delivers great forex information and accurate forex signals to traders.
Forex forum list
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Welcome to forex forum where you will be able to find the most complete and reliable forex information imaginable.
Forex forum list. Top 10 forex forums a forex forum is online discussion site where other people hold conversations a! Bout forex market and trading in general in a form of posted messages. From the list below select the forum that you want to visit and register to post as many times you want. Todays posts forum rules faq calendar community member list forum actions mark forums read quick links view forum leaders invite friends.
The original and still the best forex forum. We have made this list by reviewing senior members and expert traders. Forex brokers list live forex rates news charts.
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Forex scams
Top 7 forex scams to avoid today
As forex markets promise to give you an incredible return on investment, they became trendy in the last few years. However, often forex traders don’t have a great understanding of how forex markets work and what a forex broker does exactly, which leaves the latter a lot of room to scam the trader. Whether it is about proposals on instagram or simply fake investment advice, beware.
It’s a complicated industry, and even experienced people fall victim to intricate trading schemes. There are quite a few variations of the forex fraud. Let’s take a look at a few of them. Feel free to add names of questionable forex platforms in the comments section, at the bottom of the article.
Forex trading strategies – scam 1: the whole package
According to the specialists at investorguide.Com, this might come your way by crooks “creating false customer accounts for the purpose of generating commissions, selling software that is supposed to garner large profits for the customer, false claims of customers making huge money, the theft of a customer’s account and phony marketing.
Forex scams draw customers in with sophisticated advertisements placed in the newspaper, heard on the radio, or seen on internet websites.
Recommended read: sell annuity payments scam
Forex promoters often lure investors into scams with various assurances, including their ability to predict an increase in currency prices and claims of high returns with low risk. An unregulated financial company trading off-exchange forex, foreign currency futures and options contracts with retail customers is illicit and may be a fraud or scam.
In many cases, investors may be guaranteed high returns in the tens of thousands of dollars over a few weeks or months, with a relatively low initial investment. In reality, the investor’s money is never used for forex trading, but is simply stolen.”
Watch the video below see a few extra tips from a victim, talking about forex scams, training courses, and hedge funds.
Forex trading strategies – scam 2: computer manipulation of bid/ask spreads
How does this scam work? According to dailyforex.Com (a great team of analysts and researchers who watch the market throughout the day to provide unique perspectives and helpful analysis on forex trading), “the point spread between the bid and ask basically reflects the commission of a back and forth transaction processed through a broker. The point spreads differ widely among brokers and differ between currency pairs.
Since brokers don’t usually offer the normal two- to three-point spread in the EUR/USD, for example, but go for spreads of seven pips or more, any potential gains resulting from a good investment were eaten away by commissions. These commissions found themselves in the broker’s pocket.
Suggested read: sell my structured settlement fraud
Today, it is unusual to find a broker that claims he takes a commission. Don’t be fooled by this promotion. He is still making his money from the difference in the spread but spreads are now regulated and only smaller spreads are permitted.
However, there are still offshore retail forex brokers who are not regulated by the CFTC, NFA or their nation of origin and it’s quite easy for these firms to pack up and disappear with the money when confronted with investigations of irregularities”. Great explanation by dailyforex.Com.
Suggested read: 13 gold IRA investment scams
Forex strategies – scam 3: commingling funds
In law, commingling is a breach of trust in which a fiduciary mixes funds that he holds in the care of a client with his own funds, making it difficult to determine which funds belong to the fiduciary and which belong to the client.
When it comes to the forex scam, the same team at dailyforex.Com explains: “commingling funds gives forex brokers the opportunity to pocket much of an investor’s money without the client ever noticing any discrepancy. The broker benefits financially during the trading and eventually disappears with a customer’s money.”
“if a forex trader looks carefully and states vigilant he/she can pick up are certain warning signs which can alert him/her when all is not on the straight and narrow. If a broker won’t allow the withdrawal of monies from investor accounts or if problems exist within the trading station, the trader should take immediate notice.
Additionally, guarantees of high performance levels-some much higher than those offered by other forex brokers-should be viewed with considerable skepticism.”
Suggested read: 15 types of securities fraud
Forex strategies – scam 4: robots/automated systems
Surprised? Don’t be. This is an increasing scam especially with the advancement of the technology. Questionable brokers sell automatic trading systems which claim to generate automatic trades even when the trader is sleeping.
Some shady companies sell their special “packages” for thousands of dollars, only to find out that some of these you can find on the internet for free.
“most of these robots have not been tested by an independent source for formal review. Their trading system’s parameters and optimization codes are usually invalid and at the end of the day, the system generates totally random buy and sell signals”, concludes dailyforex.Com.
Suggested read: list with government grants for individuals
Forex strategies – scam 5: fake investments funds
All kinds of HYIP funds have been notoriously showing up everywhere. Simply because they work; for the scammers! The high yield investment program funds ‘guarantee’ you a great level of return for temporary use of your money in their forex fund.
The concept that sells this ponzi scheme is that the investors of yesterday get paid back by the investors of tomorrow. How the scam works is that once the fund runs out of prospects, it closes down and takes whatever money it has with it.
Must read: online college course scam
Forex strategies – scam 6: signal seller membership
Just like the robots, certain ‘signal sellers’ claim to sell you information on which trades you should make in order to get rich. The trick is – they charge a weekly or monthly fee for their service (‘signals’).
Little do you know that not only you are lose your money, but they do not even offer you anything that will help improve your trading!
Forex on instagram – scam 7: fake accounts
With the advancement of technology, there are many well-run online scams on social media when it comes to forex. Some have over a thousand ‘followers’ losing money as the fraud is advertised as a get rich quick scheme.
People are signed up to a trading platform through so-called ‘companies’ and are asked to deposit their hard-earned money to deposit $400 (or EURO). Ultimately, they lose it all through investment advice from kids who earn a kickback when clients give money to the platform used to sign up.
These questionable forex platforms have recruited and paid multiple young adults from ages 18-21 to promote their scheme online. They get paid for luring new people into the system. They also use well known social media influencers to promote them and tell lies about the service.
How to avoid the forex scams:
There are many red flags you should be aware of. The first one would be when you are guaranteed a profit. There are no guarantee profits in forex. Use your computer and search reviews featuring the broker, or the system, or the signal seller.
Make sure the testimonials are genuine and do not come from their own websites. Check all the forex forums and google the name of the broker followed by the word ‘scam’.
Check their website very carefully. If they don’t have a legitimate contact page with phone numbers and emails, that’s another red flag.
Last but not least, keep in mind that there is no ‘miracle’ software that will figure out the forex market for you. If anybody would own that, why would they sell it?
How to report the forex strategies scams:
Make your family and friends aware of this scam by sharing it on social media using the buttons provided. You can also officially report the scammers to the federal trade commission using the link below:
How to protect yourself more:
If you want to be the first to find out the most notorious scams every week, feel free to subscribe to the scam detector newsletter here. You’ll receive periodical emails and we promise not to spam. Last but not least, use the comments section below to expose other scammers.
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so, let's see, what we have: here are my top 5 choices, according to their design, structure, level of activity of the spam-fighting. Online forums supply a need to share and at forex forum list
Contents of the article
- New forex bonuses
- Top 5 forex forums
- Forex forum list
- List of 8 top forex forums you should visit
- FOREX ABODE
- FOREX FACTORY
- BABY PIPS
- FOREXPEACEARMY
- FORUM.MT5
- Trade2win
- FORUM.MQL4
- MQL5 FORUM
- Conclusion
- The 11 best forex websites
- 11 best websites to learn forex trading
- 1. Etoro trading school
- 2. Babypips
- 3. Bloomberg
- 4. Dailyfx
- 5. FOREX.Com
- 6. Forexfactory
- 7. Fxstreet
- 8. Investing.Com
- 9. Investopedia
- 10. Tradingview
- 11. Udemy
- Final thoughts
- Forex forum list
- Forex forum
- Forum directory
- Forex forum list
- Forex forum list
- Forex scams
- Top 7 forex scams to avoid today
- Forex trading strategies – scam 1: the...
- Forex trading strategies – scam 2:...
- Forex strategies – scam 3: commingling...
- Forex strategies – scam 4:...
- Forex strategies – scam 5: fake...
- Forex strategies – scam 6: signal seller...
- Forex on instagram – scam 7: fake accounts
- How to avoid the forex scams:
- How to report the forex...
- How to protect yourself more:
- Related articles:
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