9 Best Trading Websites For Forex and Other Markets
There are so many Forex websites online that it can be hard to decide which ones you should focus on. I’ve seen a lot of trading websites over the years and while many offer the same information, there are others (like my Forex Trading Strategies website which I must say it’s the best Forex trading site – biased of course) that list tips, tricks, news plus the owner of the website will give their take on the markets.
This is not a definitive list of the best Forex trading websites. It has more to do with ones I’ve used over the years and sort of gives you a look into my evolution as a FX trader.
These are not the top Forex sites because they cover other markets as well but in my view, they are some of the best sites for trading information.
This company has been around for over 20 years and started as a trading signals based company. Over the years, they began to design trading systems for all markets (including options) to appeal to those who prefer a more objective and mechanical (about 80% ) trading method. I’ve spoken to the founder (Mark) and he said that everyone who is on the staff not only trade but also started as customers.
The trading systems may appeal to those looking for a slightly more mechanical and objective approach but I didn’t make them my “Top Pick” because of their systems.
I have a better reason……
Netpicks has a trading tips blog with a wealth of trading information and you can tell by the writings that this is “experience” writing. Whether it’s about the psychology of trading, trading plans, mistakes or even advanced trading tips, you could spend hours reading each article. It is definitely bookmarking material.
This is another top Forex website that has hundreds of free Forex trading strategies and systems for all levels of traders to enjoy. It’s like the trading-naked website but has more swing trading strategies you can choose from. You can spend a lot of time going through and testing each trading strategy and you may find one that you really like.
Babypips.com is another FX site that provides a lot of Forex trading systems for free as well. It is also a forex education site well suited for providing trading education for new traders – newbies – who are just starting to learn about forex trading. They also have some great chart updates throughout the week which any currency trader may find to be helpful.
Forexfactory has hundreds of forex trading systems provided for free. I think any of us have no doubt spent a lot of time there over the years. I use it if I need a quick glance on upcoming news events during the coming week. See my post on 8 Amazing Facts about forexfactory.
Donnaforex is another popular site with an active forex forum where you can learn a lot of trading techniques including trading strategies and systems. If you enjoy the trading forum experience (I don’t), this is a good website to spend some time at.
Fxstreet is a forex site that does provide some good trading education, trading systems, technical analysis and news and lots more. You can check it out to see if it can provide you with what you are looking for. It’s has quite a few top notch traders (are they traders or simply writers?) and the videos on the website are really good. Another trading site you can learn a lot from.
AuthenticFX as some forex trading strategies and systems but they are not a lot and the ones that are there, you need to enter an email to access them. Still, I am always a fan of the smaller “non-corporate” trading websites.
Best Forex News Site
This is a tough one because there are many of them out there. I did find one that I thought was pretty great but there is a fee to use it. Not a bad thing (actually makes sense if you want the hot of the press events) and if you are a day trader, you certainly want to be on top of the days news.
It’s called: Benzinga Pro.
There are far too many features for me to list and the lowest price is $99/month. There is a free trial if you are interested in finding out if you have any use for a news website for Forex (and any other market).
If you are looking for a free news source, some brokers will offer one for their clients but Forex Factory will give you pending events and FX Street will also list the news. Bloomberg also has a news ticker near the top of the site
Forex Websites For Sale
If you are thinking of starting a trading website and don’t want to start from scratch, you can check out websites like Flippa. There are many FX websites for sale on Flippa but let’s be honest, most of them are low quality and not worth the money they are selling for. You may catch a diamond in the rough though