Want to become a successful forex trader? The expert forex blogs in this article will make a positive difference in your trading journey.
The forex blogs listed in this article focus on different topics, some on trading strategies, forex robots automation, tools reviews, beginner training, and strategy creation.
Here are ten top-rated forex blogs worth checking out for traders of all levels.
#1. Forex Dominant
I think of Forex as dominant, like the new kid on the block. Forex Dominant offers custom bot creation for clients on request.
Not everyone has the luxury of time to stare at charts. This doesn’t hinder profit-making; automatic bots can be deployed. A preview of this bot can be used for 15 days to test its reliability.
In addition to this, forex dominant has a great blog section. It’s basically an encyclopedia for everything forex.
A wide range of theories can be learned here, including the backgrounds of indicators. Of course, trading strategies and broker reviews aren’t left out!
#2. Daily FX
The ‘daily fx’ blog contains all the tools a forex trader might need. There’s no surprise it comes second on this list.
A renowned broker- IG, provides all data on this blog. They provide various articles, varying from educational content to market predictions.
On this site, users can access various trading strategies for free. Videos on fundamental and technical analysis can also be found here.
Another stand-out feature is the layout of the economic calendar which makes it easy to understand.
#3. Baby Pips
This blog is unrivaled when it comes to integrating newbies into the world of forex.
It is a little difficult for beginner traders to get understand some forex trading terms, but Babypips use a lot of analogies to simplify this information. Likewise, loads of colorful images are used too which helps a bunch.
Baby Pips made its name mainly through educational content. For this reason, many of its other tools went beneath the radar.
Trade ideas with charts explaining the outlook are shared routinely. Additionally, they have a really nice trading calendar- the best I’ve seen, honestly.
The only flaw Investopedia has is its contents are not exactly beginner-friendly. Other than that, it’s perfect, ranking as the largest financial education website.
Established in 1999, it has become a trusted source of financial information.
Investopedia provides comprehensive articles, tutorials, and courses for beginners and experienced traders.
The platform’s extensive glossary clarifies complex jargon and ensures a solid understanding of forex trading terms. Additionally, Investopedia fosters a vibrant community where traders can engage in discussions and seek advice from fellow members.
Investopedia’s educational offerings include online courses and webinars covering various topics, from basic concepts to advanced strategies.
Its comprehensive educational resources show the platform’s commitment to empowering traders with knowledge.
Furthermore, Investopedia offers real-time market data, news updates, and analysis to keep traders informed about the latest developments in the forex market.
#5. Trade With Rayner
The founder of this blog owns a YouTube channel and has published a few books. His site has a blog section for strategies and trading secrets.
TradingWithRayner.com is a highly regarded blog in the forex trading community, known for its practical and insightful approach to trading education.
Founded by Rayner Teo, a seasoned trader with years of experience, Trading With Rayner offers valuable resources and guidance to traders of all levels.
Rayner Teo’s expertise shines through as he simplifies complex trading concepts and strategies, making them accessible to beginners.
Trade With Rayner’s Blog covers various topics essential for successful trading, from understanding candlestick patterns to mastering risk management techniques.
One of the standout features of Trading With Rayner is its emphasis on real-world trading experience. Rayner Teo often shares his insights, reflecting on his trades and lessons learned.
This transparency allows traders to gain practical knowledge and learn from their experiences, providing valuable insights into the realities of the forex market.
Although This Forex blog is not updated as often as others, the content is top-tier regardless.
Check his blog out here.
#6. FX Street
For me, I feel the contents of each webpage can be arranged more aesthetically. Regardless, the FX street blog is pretty solid.
The charts of all major currency pairs are side by side with articles on the market’s outlook, which is a nice touch. Also, analyses and articles on cryptocurrencies can be found here too!
#6. Forex Peace Army
Forex Peace Army (FPA) is a well-known blog in the forex trading industry that provides reviews, ratings, and information about forex brokers, trading systems, and services.
It is a valuable resource for traders to gather insights and make informed decisions.
FPA’s primary objective is to protect traders from fraudulent activities and unethical practices in the forex market.
The blog allows traders to share their experiences, submit reviews, and rate brokers based on their performance, customer service, and reliability.
Through its vast community of traders, Forex Peace Army creates a platform for open discussions where traders can seek advice, share strategies, and exchange information about various aspects of forex trading.
This collaborative environment fosters transparency and helps traders stay informed about potential scams or issues related to brokers and trading services.
Also famous for its catalog of brokers, books, and robot reviews. check them out now
Investing.com delivers reliable coverage around the clock. Insights on the strength of currencies and all economic-related events are provided in different languages. Also, cryptocurrencies are not excluded either.
Investing.com is a popular blog in the financial world that provides a wide range of tools, data, and resources for investors and traders.
It offers real-time market quotes, charts, news, and analysis across various asset classes, including forex, stocks, commodities, and cryptocurrencies.
Investing.com is a comprehensive hub for individuals seeking to stay updated on the latest market trends and make informed investment decisions.
#9. Forex Magnates
It was founded back in 2007 by an American trader named John Pfeffer. He has been writing about currency markets since then. In addition to his articles, he also writes for other forex blogs.
His articles cover topics such as technical analysis, fundamental analysis, and market trends.
#10. Forex Factory – An excellent resource for beginners
My favorite feature of the Forex factory is the economic calendar; it is extremely detailed. The forum section on this site gives some of the best forex traders a platform to engage themselves. You also get the latest/ hottest news around the globe!
Forex Factory is a blog written by a team of professional traders who share their experiences and insights into the world of currency trading. They provide tips and strategies for beginners as well as more experienced traders.
This blog has been running since 2004 and offers many articles covering everything from technical analysis to fundamental analysis.
READ MORE: Top Forex Trading Forums
Can you get rich with forex?
Only a handful of traders are profitable, which shows how tough forex trading is. But It’s not impossible.
Most traders can’t stay true to their trading principles, which eventually leads to losses. Even if it means you will miss a promising trade, stay true to your trading plan.
Further, do not overleverage; always use a stop loss as capital preservation is the primary goal.
Adaptability is also necessary to stay on top of the market; never shy away from polishing your trading skills.
The number one reason for this is poor risk management, down to greed. Traders face the temptation to use large leverages for the potential of more gains.
But this has a ripple effect; the drawdown of just little pips causes havoc due to the lot size.
Absolutely, setting up a trading account is buttery smooth. Most brokers accept deposits with a credit/ debit card.
However, trading the forex market without adequately learning the basics is disastrous. As a beginner with zero prior management in financial markets, you should not involve in forex. Blindly investing in the forex market will result in losing all your capital in a matter of days.
But the truth is no one magically became a veteran at trading. Everyone who diligently puts in work can become good at trading forex.
Summary – Forex Trading Blogs
The beauty of the internet is the amount of information floating around for free. Most forex traders would prefer learning aspects of trading through a YouTube video.
Nevertheless, forex blogs divulge better information than YouTubers would. Plus, content is updated way more often.
Here at forex dominant, we have an experienced team creating all sorts of forex-related content in our blog section.
The articles suit new and experienced traders; feel free to dive in!