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Online Forex Trading Lessons Reviews

Is it possible to learn how to consistently win at Forex trading, with big profits and very minor losses?

Is there any way to do this automatically, with minor intervention only?

The answer to both questions is surprisingly Yes, but it really depends on which course and software you use!
The Forex market is constantly growing and there are a zillion Forex courses and Forex trading software out there, all claiming they will make you rich. The problem is – most of them won't. Although some products are amazingly effective, the harsh reality is that over 90% of Forex traders lose their money to the remaining 10% who know how it's done, or which automated system to use. Unfortunately, the only real way to check a course or a trading robot is the hard way - by trying them out, and seeing how often you win or lose.

That's where we come in!

We are Forex trading enthusiasts. In fact, we opened ReviewsNest after making our money in Forex trading, and this subject is especially close to our hearts. With that in mind, our team of experts performed hands-on tests of several leading Forex trading courses and Forex trading "robots" software. We tried them out for you, compared them using both objective scores (such as consistency of wins) and subjective quality and feel tests. In the following reviews we'll give you our expert opinion on which products rock, and which will just burn a hole in your pocket.

Wondering whether our reviews are biased? Read our disclosure.

July 24, 2008

Important Notice:

We are currently working on an entirely new Forex section, which we plan to launch in a couple of months. Until we are ready with the full reviews, here's a sneak peak to the winners in our updated (July 2008) tests.

To choose a course that fits you, pick one of the following sentences:

  1. If you want the Best Forex Trading course we know and are willing to pay accordingly, Click Here.
  2. If you are a beginner or intermediate and want to learn how to trade including some advanced strategies, Click Here.
  3. If you are a beginner and don't want to pay for more advanced strategies at this stage, Click Here.
  4. If you only want to learn how Forex Trading works, but don't plan to trade soon, Click Here.
  5. If you want to have your trading done automatically by an Automated Forex Robot Trader, Click Here.

If you have any further questions regarding these products or others, feel free to contact us using the contact details in our Contact Us page here.

Best Forex Trading Course:

The best Forex Trading Course in our tests is The Trading Authority's Ultimate Traders Package .

  • Premium course with high admission price ($4000!), but also great potential returns. Use only if you're serious about your trading.

  • Excellent tutoring for all levels of traders - from complete beginners to highly advanced traders.

  • Very complete course - starts with the basics, and climbs up to highly advanced strategies providing consistent wins.

  • Combines self learning via multimedia CDs with Live Interactive online classes, Online Mentoring and a 2-day Onsite Class.

  • Excellent support. Live tuition and personal treatment are invaluable.

  • Full money back guarantee.

  • If you take trading seriously - This is the best course we know!

  • For more information Click Here.

Best Beginners to Intermediate Course:

While we maintain that the best Forex Trading course we know is Forex Profit Accelerator (see above), not everybody wants to spend that much money on a course. If you are a beginner to intermediate trader, and want to learn how to trade, along with some advanced strategies, while keeping course price under $200, we recommend Jason Steele's Forex Power Strategy Course.

  • Doesn't cost an arm and a leg.

  • An excellent course for the money.

  • Mostly for beginners, but contains a few excellent advanced strategies.

  • Video based and very easy to learn from, especially for beginners.

  • High quality teaching. Interesting course from a good teacher.

  • Don't be fooled by this course's low profile, humble website. The course itself is very good!

  • 60 day full money back guarantee.

  • Full review will be posted here in 2-3 months.

  • For more information Click Here.

Best Beginners-Only Course:

If you are a beginner and want to learn Forex, one of the courses above would work great for you. However, if you just want to dip your toe in Forex trading and don't want to pay for advanced strategies at this stage, we recommend Dean Saunders' 10 Minute Forex Wealth Builder.

  • Costs less than $100 (very inexpensive for a good course!).

  • Teaches beginner Forex trading extremely well.

  • Lots of videos make learning easy and interesting.

  • Does NOT go into intermediate or advanced strategies, so less powerful than the Forex Power Strategy Course (see above). This means that you'll possibly earn less in your trading using this course. However, if you want to take it one step at a time this will provide a great basis, on which you can later take one of the more advanced courses.

  • 8 week full money back guarantee.

  • Full review will be posted here in 2-3 months.

  • For more information Click Here.

Best Informational Course:

If you want to start trading, you really want one of the courses above. They will provide you with the knowledge required to make consistent wins. However, if you are only interested in learning how Forex trading works and do not plan on starting to actively trade, we suggest that you give a long look at Dirk du Toit's Bird Watching in Lion Country . This course is also a great companion if you want to trade using an automated robot trader (see below) but want to at least understand what's happening.

  • Costs only $69.

  • Teaches how Forex trading works, plus beginner tactics.

  • Very interesting reading material.

  • "Only an eBook" - no videos or audios.

  • Can be enough to start your trading, but we really recommend one of the other courses for that.

  • A great companion to automated robot trading. We feel much safer if we know what the robot's doing, instead of closing our eyes and trusting it blindly. This course provides a cost effective way for ensuring that.

  • Full review will be posted here in 2-3 months.

  • For more information Click Here.

Best Automated Robot Trading System:

Recent developments in trading algorithms brought up some amazing automated trading systems ("forex robots") which perform the trades for you without you having to spend time watching the market. Most such robots are MetaTrader4 Expert Advisor plugins. The best robot trader in our experience, is Marcus Leary's Forex Auto-Pilot.

  • Excellent trading algorithms - Highest Wins/Losses ratio of all forex robots we tested.

  • Enables high effortless profits (like all robots, it trades when you're asleep or at your day job. High win/loss ratio can make these trades very profitable).

  • Easy to install and configure, so trading can start immediately.

  • Excellent default settings (so beginners can profit easily); Many optional settings (so advanced traders can tune the system as they wish).

  • Can work with a demo account, proving its high win/loss ratio without you actually risking any money.

  • 8 week full money back guarantee.

  • Full review will be posted here in 2-3 months.

  • For more information Click Here.

Note that although you can unleash the robot and just monitor results, we always recommend to learn more about trading. More knowledge consistently translates to higher profits. We recommend this robot for automated trading, but also that you use one of the courses listed above (such as 10 Minute Forex Wealth Builder or Bird Watching in Lion Country) for gaining a better understanding of trading.



Full
reviews shall be posted in 2-3 months.

 

 

U.S. Government Required Disclaimer: Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
All information on this website or any course described in this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold ReviewsNest and its holders harmless in any and all ways.
 
Our Addition: We strongly recommend that you always start trading with a demo account before you start trading with real money. This can enable you to better understand trading, the risks involved, and how much the methods and techniques work for you, without losing any money. We also recommend assessing the courses and software within their refundable period.
 
Disclosure: As a professional review site, we are compensated by the companies whose products we review. We consider earning our visitors' trust of uttermost importance and the only way we know to do this is by providing you with useful and truthful data, so we are completely open and honest about every product we review. Also in the pipeline is a user's reviews feature in which you'll be able to read unedited reviews from other visitors to our site, whether they match our own opinion or not. We take pride in our reviews' quality and their adherence to facts and truth, and we're certain you'll feel the same reading them.
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