Last updated: May 28th 2020
As a part of our 2020’s FOREX AWARDS we rate the best forex education providers that are available online. There is a plethora of forex mentors one can find online, but just a few of them have rock solid results and proven track record when it comes to truly teaching people how to trade profitably on currency markets.
Here is the list of the best forex mentors:
- Forex Mentor PRO
- Best FREE resource: BabyPips.com
The Forex Trading Coach
What makes Andrew Mitchem’s fx coaching programs different from the competition is how dedicated he is to help you achieve the success. Andrew is in constant personal contact with his students.
Besides that, there is an unusual amount of free education materials available on his website.
The course has been operating for 11 years and it aims to teach the traders to become independent technical traders.
Andrew posts specific trades daily for clients to earn and learn from.
His strategy can be traded on all currency pairs and on all time frame charts. They look for a new trade on the close of a candle, very little chart time is needed. You can easily trade in 10-20 minutes a day!
Andrew is one of the few who does real trading, with real money unlike some of the con artists who make money just by teaching others. We also noticed that reviews of satisfied clients on FPA forum seem real and not fake. Many of the satisfied reviewers admit that Andrew was their last resort they decided to try before quitting forex for good. And it obviously worked!
What you get:
- insane amount of free forex materials
- 1:1 coaching live from Andrew Mitchem
- charting indicator + patterns that you can use on MT4 / MT5
- weekly live trading room webinars
- access to membership site
- private forum
- support from Andrew
Forex Peace Army rating: Excellent 4.66 out of 5 (based on approx. 146 reviews)
Forex Mentor PRO
Guys behind this project Marc Walton, Pierre du Plessis have taken many students from noobs into disciplined fx traders. Both Mark and Pierre have been in the trading industry for a quite a long time. They claim to have over 50 years of trading experience combined. The founder Marc Walton is the real trader with 60,000 real followers on Twitter (no fake persona).
What you get:
- live training sessions each week
- access pre-recorded video training courses
- access to their private forum
- access to proprietary software and templates
- you will learn how to use fundamental analysis
- personalized trading plan for you to follow!
- 30-min phone call with the mentor
- live trading sessions
- 30-day Money back guarantee
Pricing: FMP is one of the cheaper forex mentoring programs on the market. You can decide if you pay $47 monthly or $197 annualy. Prices can increase in future of course, so act fast!
Forex Peace Army rating: Excellent 4.68 out of 5 (based on approx. 128 reviews)
Rob aka “The Lazy Trader” is a newbie on our list this year, yet he provides a very solid range of forex skills to his students. Though the sales page looks to some, as cheap gimmicks, Rob is a real deal with an awesome rating from his students. The core of his success is perhaps the way he is trading, simple yet effective style (set and forget) is the “wet dream” for each newbie forex trader. His training contains one-on-one coaching, video tutorials and e-learning packs, which helped many of his students to finally get out of the vicious circle of loosing money.
What you get:
- you will learn how to trade “the lazy trader” way
- you can trade all asset clases with his trading style
- full step by step tutorials
- tens of hours of high quality pre-recorded videos
- master the psychology with TRADER INSTINCT™
- podcasts on demand
- accredited certificate upon course completion
Forex Peace Army rating: Excellent 4.66 out of 5 (based on approx. 86 reviews)
Behind the forex coaching site with a quite bizzare name are two well known European traders Chris Svorcik & Nenad Kerkez aka “TarantulaFX“. Although these guys are truly forex dinosaurs (both have been in the trading industry for more than 10 years), they have been teaching others how to trade fx under the brand name EliteCurrenSea.com publicly since 2014 and during this short period they gathered several industry awards for example *2017’s FXStreet’s Best Video Podcast* or *2016’s UK Forex Awards for Best Educator* and last but not the least an outstanding rating from their students on ForexPeaceArmy.com.
The style of Chris is based on price patterns. “Although chart and wave patterns can be confusing for traders” Chris argues, judging by their public feedback and information on the website, he has managed to develop a simple approach based on moving averages, Fibs, and Fractals as the main tools to trade waves and catch momentum without knowing the wave count and more complex elements of the theory.
Chris and Nenad are true “rising stars”. Their entry level service, [ecs.LIVE](http://ecs.live) helps trades with daily setups (intra day and swing trading), education, webinars and access to the community.
Read our Elite Curren Sea review here.
Forex Peace Army rating: Excellent 4.6 out of 5 (based on approx. 74 reviews)
Vladimir Ribakov is a trading LEGEND for a good reason. He has recently rebranded his forex mentoring flagship that was known for years under his own name into TradersAcademyClub.com.
Forex Peace Army rating: 4.74 out of 5 (based on approx. 106 reviews)
Nial Fuller is yet another coaching legend on this list of top forex educators on the Planet.
Focusing mostly on Price Action Trading strategies he is truly a renowned forex authority on Internet, who became even more popular after winning the 2016’s Million Dollar Trading Competition by AxiTrader broker.
Visit website here: http://www.learntotradethemarket.com/
Forex Peace Army rating: 4.4 out of 5 (based on approx. 66 reviews)
BabyPips.com (Best Free Source)
Most of newbies in forex came across this huge resource of free info. Yes BabyPips.com has been around for quite some time and we think that it is fair that they earned an award for their comprehensive free source of information and unique education angle which they took.