10/9/ · Forex Trading for beginners - EXPLAINED - Step by step - YouTube. Every day, over 5 trillion dollars is traded on the Forex Market, making it one of the most exciting, 4/9/ · For a limited time, use the link in my description to get a free trial of Skillshare Premium Membership: blogger.com on Futures: h When it comes to Forex trading, one of the first things that you have to know is the very basic principle upon which the whole market is built. This is: supply and demand. In the case of Tips and tricks of succeeding in Forex Forex trading also referred to as a foreign exchange, is the act of trading various national currencies. It is the largest liquid market in the world. It is a Web10/9/ · Forex Trading for beginners - EXPLAINED - Step by step - YouTube. Every day, over 5 trillion dollars is traded on the Forex Market, making it one of the most ... read more
For instance, the price of one British pound could be measured as, say, two US dollars, if the exchange rate between GBP and USD is 2 exactly. In forex trading terms this value for the British pound would be represented as a price of 2. Currencies are grouped into pairs to show the exchange rate between the two currencies; in other words, the price of the first currency in the second currency.
As these currencies are not so frequently traded the market is less liquid and so the trading spread may be wider. Like any other trading price, the spread for a forex pair consists of a bid price at which you can sell the lower end of the spread and an offer price at which you can buy the higher end of the spread.
It is important to note, however, for each forex pair, which way round you are trading. When buying, the spread always reflects the price for buying the first currency of the forex pair with the second. So an offer price of 1. When selling, the spread gives you the price for selling the first currency for the second.
So a bid price of 1. Take another example. If you think the price of the euro is going to rise against the pound you would buy euros at the offer price of 0.
Your profit on this transaction is £ minus the original cost of buying the euros £ which is £ Note that your profit is always determined in the second currency of the forex pair. The cost of buying back the euros is £ less than you originally sold the euros for, so this is your profit on the transaction.
Again your profit is determined in the second currency of the forex pair. As forex is traded on exchanges across the globe, from Tokyo to London to New York, you can take a position 24 hours a day throughout the trading week. Finance Illustrated is an up-and-coming YouTube channel that provides free resources for traders and investors, including broker reviews and educational videos covering the basics of trading, such as the application of take profit and stop loss orders in forex trading.
The main points of each broker review are split into three categories; the good, the bad and the ugly, so that traders can get a feel for the broker before they trade there. The channel also provides explainers on different ways you can use eToro to trade stocks, cryptocurrencies and forex markets and is also associated with some simulation games and external tools that help beginner traders to trade Stocks, Forex and Bitcoin, like the popular app Trading Game.
With detailed reviews on brokers and educational material, be sure to follow Finance Illustrated if you are trading the markets. Next up, media giant Bloomberg Markets and Finance.
This channel provides the latest news, analysis and commentary on a wide spectrum of financial markets, including stocks, precious metals, forex trading, and cryptocurrency.
Five playlists on the channel cover; cryptocurrency and blockchain, and financial markets and analysis, as well as three feature shows. These are the David Rubenstein show, Real Yield, and Brilliant Ideas. Bloomberg are known for getting industry experts and guests on their show for exclusive commentary, interviews and insights. With more than 38 million views on their YouTube channel and more than , subscribers, Bloomberg Markets and Finance are an essential YouTube channel to follow for investors.
The Financial Times is one of the oldest and most respected financial publications in the world. Therefore, you should not miss out on their YouTube channel if you are a trader or investor. The Boiler Room is particularly famous for its day trading calls and trading re-caps. Trading Central Operates in New York, London, Paris, Hong Kong, and Ottawa and is a provider of investment research and market analysis, with an official YouTube channel which offers great market commentary on trending topics as well as analysis on major currency pairs.
The Bulls on Wall Street YouTube channel has over Warrior Trading is possibly on of the most longstanding YouTube day trading channels , with more than , subscribers. Warrior Trading is focussed on teaching viewers how to actually make a living by trading stock. New videos are posted daily, including reviews of real-time trades. The Investors Underground YouTube channel offers traders weekly stock watch lists and game plans plus lessons on various topics related to day trading stocks.
Investors Underground boasts more than , subscribers. Read 10 Best Successful Forex Traders in South Africa — Reviewed Tradenet is self-described as a live day trading academy and was started by Meir Barak in Tradenet has taught more than 30, people to become professional traders with a YouTube channel with almost 50, subscribers, which offers daily live videos from Tradenet's Day Trading Room. The Day Trading Academy YouTube channel is perfect for traders who are into futures trading and this channel focuses mostly on day trading futures with a minor focus on stock trading.
The Day Trading Academy offers traders a lot of videos, including some live trading and live class recordings, plus an introductory series of short videos on getting started in trading. Traders will also have access to interviews with traders as well as up-to-the-minute news monitoring.
Day Trading Academy was founded by Marcello Arrambide and has more than 48, YouTube subscribers. Akil Stokes , a trader and trading coach , has a TierOneTrading YouTube channel which is perfect for traders in the foreign exchange forex market. The channel has more than 44, subscribers.
Andrew Aziz and his team have shared 30 or so videos on the Bear Bull Traders channel , including topics like live trades , each week. The DailyFX EDU YouTube channel offers traders multiple videos on topics like forex basics , trading tips , and setups for Trading Station.
DailyFX EDU is the educational division of London-based forex broker Forex Capital Markets , or FXCM , and the YouTube channel has over 5, subscribers. Finance Illustrated is a new yet popular YouTube channel which provides traders with free resources for traders and investors, including broker reviews and educational videos which covers the basics of trading, including the application of taking profit and stop loss orders in forex trading.
The points of each broker review are split into three categories; the good, the bad and the not good at all. The channel also provides traders with explanations on different ways they can use eToro to trade stocks , cryptocurrencies and forex markets and is also associated with some simulation games and external tools that help beginner traders to trade Stocks , Forex and Bitcoin , like the popular app Trading Game.
This channel, with detailed reviews on brokers and educational material, is worth a follow. The Financial Times is one of the most established and respected financial publications in the world and their YouTube channel is great for both trader and investor.
With more than , subscribers and nearly 59 million views, The Financial Times YouTube channel is one of the most popular and trustworthy channels for markets news and analysis to date.
The videos available on the channel is categorized in a similar way to how the articles in their newspaper are, with the stories falling under multiple categories including opinion, world, companies, analysis, and so on. Individual playlists for each news category are also made available.
Chat with Traders is a bit like a talk show and provides commentary from real traders on various markets, hosted by Sydney resident Aaron Fifield, including forex , stocks , futures , options and cryptocurrency.
The Chat with Traders channel has more than 80, subscribers and provides long-form conversations with talented traders, investors and market participants with some focus on regulatory and legal issues within the financial world. CNBC is a leading media organisations in the US which offers traders decent coverage of financial markets and the YouTube channel has almost , subscribers and over million views, making it extremely popular. CNBC mostly covers news and analysis on stock markets, companies, and other financial markets and Investors and traders should can make use of this channel to keep updated on fundamental factors which affect financial markets.
And last but not least — a YouTube Channel who deserves an honourable mention :. Read 27 Best Forex Traders to follow on Twitter — Reviewed One of the best websites and search engines on the internet, hands down, is YouTube. It has very quickly become the go to place to learn or watch just about anything on any imaginable topic.
With over one-year worth of videos uploaded every hour, the amount of content and information is truly insane! For us, one of the best ways to learn trading is through videos and watching other successful traders on YouTube videos and this is why we put together this list of the best trading YouTube channels that deserve a follow.
Forex trading may seem like a daunting task for beginners and it can be difficult to source reliable information, and a major portion of information sites charge money too and just like learning about make-up tutorials or cooking techniques it is much easier to follow on video than in pictures or words alone, and trading is absolutely no different.
Most traders have gone the route of paid courses, books, and tools but we definitely recommend YouTube. Many YouTube channels have helped multiple traders become the success stories they have become today. With the internet sky-rocketing, self-education has never been easier and traders can learn any skill that they may require by sitting on their couch by watching YouTube videos. And for that matter of fact — for FREE. Many traders already love to watch cute cats, fashion tips, and celebrity vlogs on YouTube — why not make use of this resourceful platform for profit as well?
YouTube is a powerful medium for beginner traders to learn about forex trading. Here is a list of the 27 Best Forex Trading YouTube channels to follow. Any investment that offers potential profit also has downside risk.
When you start trading be prepared to lose money. For most, the urge to make money tends to overwhelm logic and reason, tricking them into thinking that forex trading is easy. Price and trade data source: JSE Ltd All other statistics calculated by Profile Data.
All data is delayed by at least 15 minutes. Telephone number: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money.
Top 4 Brokers. Comprehensive support and training, Global presence with a local feel, Uncompromising security, Advanced trading platforms.
Forex Brokers. Forex Trading Platforms. Trading Platforms. Brokers by License. Brokers Types. Broker Reviews. Brokers to Follow. Brokers by Account Type. Index Trading Platforms. Forex Trading South Africa. BEE Shares.
When comparing forex brokers, there are several factors that must be considered including the history of the forex broker. Home — Trading — Best Forex YouTube Channels in YouTube is a video-sharing website where users may view, like, share, and comment on other people's videos as well as submit their own.
The video service is accessible through personal computers, laptops, tablets, and mobile phones. YouTube is an excellent instructional resource for absolute beginners who want to learn using educational and instructional videos. The most popular channels on YouTube for traders in are as follows:. Actual Forex Trading — Samuel Morton lovethepips. Top 10 Forex Brokers. FSCA, FSA, CySEC, FCA, CBCS, FSC BVI , FSC. IIROC, ASIC, CFTC, NFA, FCA, FFAJ, MAS, MFSA.
Steven Hart, a skilled FX trader, runs the trading channel. Since , he has been an avid forex trader as well as a trading couch. The channel has been around since and offers many free videos in addition to offering premium content, programs, and forex trading courses. The channel does an excellent job of teaching novices some sophisticated trading indicators and tactics.
The Trading Channel is a well-balanced platform that is suitable for both novices and pros. The channel has more than 1. Hannah Forex is a professional forex trader who shares her forex trading journey across several social media platforms, including YouTube, LinkedIn, Instagram, Facebook, Twitter, and others.
Hannah Forex has been active on YouTube since and has over , subscribers with a total of 5,4 million collective views since the channel was started.
There are 94 videos featured on the channel with topics that include some of the following:. Patrick from No Nonsense Forex offers a new approach to trading than most trading channels currently featured on YouTube. Patrick is not only straightforward but easy to listen to. He is an amusing host and quite personable, and as a bonus, he has some excellent forex trading recommendations.
According to Patrick, most forex channels tend to steer traders in the wrong direction. Foreign exchange trading is not something that must be taken lightly, especially not by beginners. Novice traders must adhere to the first trading approach that they learn according to these channels, which is a critical mistake. Thus, this channel takes a refreshingly new approach, focusing on debunking popular trading fallacies, providing investment advice on the type of technical and fundamental analysis tools to avoid, and offering the finest trading tactics that most traders overlook.
No Nonsense Forex has over , subscribers, and there are videos that any type of trader can watch. Japanese Forex Trader Kei, or just Kei, is an individual forex trader and a mentor who is based in Japan. He was born in and attended school in the United States. After completing school, he studied psychology at UCLA, after which he pursued several different professionals from a qualified teacher to a financial advisor, tour and travel guide, and human resource in IT, if only to name a few.
Kei joined YouTube in , and since setting up his channel, he has accumulated over 2. His YouTube channel, Japanese Forex Trader Kei, features more than videos. In addition, Kei also has an official website, and he is present on several other social platforms. The official Forex Trading Strategy channel on YouTube is suited to beginner traders who need guidance on their trading journey.
While there is no information on the channel's creator, the creator is based in Indonesia, and the channel has been active since , with a collective view of over , and two playlists with a total of 88 videos. Vaseer Forex is a YouTube channel that has been active since , featuring over 14, subscribers and a total of , views on the channel. The channel has over videos, and the channel is the largest Technical Analysis Youtube Channel in Hindi.
The aim behind the channel is to help beginner traders become experts in any given financial market by:. Holy Profit is a YouTube channel that has accumulated over 9, subscribers in the past two years that the channel has been active. The YouTube channel is in Jamaica, and the creator can also be found on Twitter, Instagram, Telegram, Discord, and Twitch.
The channel has accumulated over , views since its inception, and there are more than videos featured on the channel. Some of the videos which are featured on the channel cover some of the following topics:.
Kleveland Bishop, a seasoned Forex trader, founded Top Traders. The trading classes are well-designed and well-executed. With over , subscribers, the channel is gaining traction. Some of the top videos featured on the channel include:.
This channel covers the latest news, detailed analysis, and opinion on a broad array of financial markets, including equities, precious metals, FX trading, and cryptocurrencies. The channel also organizes live discussions periodically.
Such discussions include the Great Crypto Debate and many others. There are 32 different playlists on the channel that cover a wide range of topics from bitcoin and blockchain to financial markets, technical and fundamental analysis, feature programs, and many others.
Bloomberg is recognized for having industry leaders, experts, and guests on their program for unique analysis, interviews, and insights. With more than million collective views on the YouTube channel, more than 1.
Samuel Morton is a competent price action trader in the Forex market. He has been trading aggressively for a decade. He is well-known for his straightforward approach to Forex trading using price action trading systems. In addition, Samuel is also the lead technical analyst for a prominent Forex broker, he operates a proprietary and comprehensive Forex price action trading room, and he is a popular Forex trading mentor and instructor. Among Samuel's current Forex products and services include the following:.
Classicforextrader is a YouTube channel created by a South African forex trader in Over the past few years, the channel has attracted over 3. Classicforextrader has been active in the financial market for a few years, realizing that many new forex traders do not have the confidence in trading they need to be successful.
The aim behind the channel is to provide beginner traders with the advice, confidence, and skills that they need to start growing their wealth from small beginnings.
There are over videos featured on the channel with topics that cover the following:. OctaFX is an online forex broker and trading provider that has been active for more than a decade. OctaFX is renowned for its flexible retail investor accounts that accommodate all experience levels. The broker offers a wide range of forex and CFD trading instruments, competitive fees, advanced trading tools, a selection of educational resources, and dedicated customer support.
OctaFX Forex Broker is also active on YouTube, offering an all-inclusive channel that features more than 1, videos. The channel was started in , a year after the broker's inception. During this time, the channel has accumulated over 68 million collective views. The broker's YouTube channel features videos that cover a wide range of topics, including:.
The TraderNick Channel is hosted by Nick, who is an active forex trader and popular YouTuber. He describes himself as both a stock and currency market analyst. His videos chronicle his day-to-day transactions, achievements, and failures. He is realistic and entirely upfront in his trading and conveys the message that investing is not an easy way to generate money.
Nick also operates A1 Trading, an online trading community for traders interested in sharing their expertise. Nick's channel has more than , subscribers, and there is an impressive collection of more than videos to watch. South African Forex Traders' Lifestyle is a YouTube channel created in The channel has over 16, subscribers and an impressive 2. The creator bills themselves as passionate Forex trader as well as graphic designer, digital marketer, and entrepreneur.
According to the creator, the YouTube channel was created based on their belief that many people wish to start with forex but lack the motivation to do so. The aim behind the channel is to encourage emerging traders to engage with forex trading to improve their overall lifestyle. The channel shares valuable information that will help beginner traders learn how to make consistent profits through forex trading.
Today is a YouTube channel that was created in by Wayne McDonnel. Wayne McDonell has been trading Forex effectively since and offers his currency trading viewpoint through immersive YouTube videos. Wayne graduated from Harvard with a bachelor's degree in macroeconomics, and he also possesses a master's degree in financial management.
Wayne's live broadcasts offer an opportunity for him to present an analysis that is built on a multi-strategy approach that incorporates both fundamental and technical analysis.
Through this YouTube channel, traders will learn how to trade events, scalp, spot, swing, and carry. These sessions will conduct a real-time market evaluation for the following:. The best day trading YouTube Channel is Forex Trading Strategy in addition to these channels:. All the channels on this list provide traders with comprehensive knowledge, information, and skills that can be applied in forex markets.
These forex traders and groups provide beginners with the necessary information that they need to start trading and to trade consistently. There are several YouTube trading channels dedicated to teaching new traders how to interpret charts, develop successful trading techniques, get insider information, and improve their trading strategy.
Yes, YouTube trading videos can provide reliable information for retail traders. However, while YouTube channels are beneficial, they represent just a portion of trading knowledge. Viewers should not anticipate that viewing videos would transform them into prose. To succeed in the currency market, hours of in-depth research and practice are required.
Consider not replicating the trades outlined. Traders are doomed to failure until they comprehend their context and nature. Newcomers should read relevant articles and books and practice their abilities in the demo mode. This is not to say that YouTube Forex training is ineffective — it is an excellent resource that should be supplemented with other educational approaches.
WebWhat trading traded in Forex market? The answer is simple: All participants of the market buy one currency and pay another youtube for it. Each Forex trade is performed by different financial instruments, like currencies, metals, etc. Foreign Exchange market is boundless, with the daily turnover reaching trillions of dollars; transactions are made Web7/2/ · 3. No Nonsense Forex. Patrick from No Nonsense Forex offers a new approach to trading than most trading channels currently featured on YouTube. Patrick is not only straightforward but easy to listen to. He is an amusing host and quite personable, and as a bonus, he has some excellent forex trading recommendations Web4/9/ · For a limited time, use the link in my description to get a free trial of Skillshare Premium Membership: blogger.com on Futures: h WebIf you are interested in trading forex but not quite sure of where to start, then you should definitely head over to blogger.com where you can find the best articles about forex signals in addition to all of the other educational and trading tools that you need. This revolutionary website has a wide breadth of tools to help you build your knowledge about WebForex trading youtube explained. Forex trading is without a doubt one of the most lucrative investment opportunities that you can venture into today. It Forex trading is like a similar situation - you see something that's expensive, and you want to buy it, but it turns out that its value will drop no matter what you do Web29/4/ · 1) the link below the vid on youtube is for a 'black box' autobot - these do not work so don't waste your money. If you want to give your money away then give it to a charity not these jokers. 2) after watching this, look up the young trader in it called 'John Key' to see what he does now. Post Quote ... read more
It is one of the biggest and the most liquid financial marketplaces where millions of market participants trade currencies. ForexSignal TV has dozens of free content available on YouTube. FSA, FSCA. Actual Forex Trading — Samuel Morton lovethepips. Forex Trading Strategies 6. Tradenet has taught more than 30, people to become professional traders with a YouTube channel with almost 50, subscribers, which offers daily live videos from Tradenet's Day Trading Room. HFM Review 3.Actual Forex Trading — Forex trading youtube explained Morton lovethepips The Trading Channel is well rounded for beginners and professionals. With more thansubscribers and nearly 59 million views, The Financial Times YouTube channel is one of the most popular and trustworthy channels for markets news and analysis to date. Oanda Review Some of the videos which are featured on the channel cover some of the following topics:, forex trading youtube explained. According to the creator, the YouTube channel was created based on their belief that many people wish to start with forex but lack the motivation to do so. Forex traders have been using spread betting to capitalise on short-term movements for many years now.