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Honest forex online training reviews are hard to come by. I'm sure you've experienced the re-hashed sales and review pages promising infinite forex riches in exchange for a couple of hundred bucks, right? We pride ourselves in the hours of time spent researching these products, assuring you of a solid value-for-money investment.
There's a ton of junk out there, and I can't say it was easy to find decent forex online training courses, but finally we managed to isolate three forex courses or ebooks which are all by professional and active Forex Traders who all receive stellar reviews and which we think truly excellent...
#1 Forex Mentor
Website: www.forexmentor.com
Rating:
Cost: $349 (online version) / $495 (hardcopy version)
Guarantee: 100% Money Back
Product:
- Training videos (about 20 hours)
- Ebook: "Introduction to Forex" (100 pages)
- Ebook: "Trade Forex Like The Big Dogs" (250 pages)
- Quick-Start Guide
- Private member's area includes:
- Mentorship from Peter Bain himself
- Another 150 hours of training videos
- Daily video trading examples
- Daily pivot data for major currency pairs
- Lots more!
Our Review:
Forex Mentor, as a forex online training program is top-notch, and offers excellent value for money. Forex trading is a skill, and mentorship-style programs are the best way to learn new skills. Forex Mentor give you all the information you need in the form of hundreds of hours of online videos and ebooks, from getting started to advanced forex trading strategies. Then you can refine and improve your trading style with the guidance of your fellow members of all experience levels and Peter Bain himself in the private member's forum. Peter has also made himself available to you via email. This is Forex Mentor's biggest selling point for us. One-on-one mentorship by a professional forex trader can literally cost your thousands of dollars each month, which is why, in our opinion, forex trading still remains a " society elites' " game, for the most part. This forex online training course in our opinion bridges that gap, and makes top-quality information and guidance accessible to everyone.
Forex mentor is not the cheapest forex online training program, but it certainly is not the most expensive, and when you're "playing" with REAL money, then it makes sense to invest in the best training you can afford to help ensure that you make that money grow, not disappear! Peter has also offered a 30 days no questions asked money back guarantee. If I were you, I'd take advantage of at least that! If you don't want to continue after that, simply get your money back, risk free!
#2 FOREX CONFIDANTE
Website: www.forexconfidante.com
Rating:
Cost: $97 once-off
Guarantee: 100% Money Back
Product: eBook & Training Videos
Our Review:
Tom certainly knows what he's talking about. He's been in the Forex Trading game his whole professional life, and worked for a top Italian bank doing just that. In this Forex online training ebook you will learn how to trade forex succesfully at any time, day or night, using a very succesful breakout strategy. Forex Confidante teaches the very essence of the Forex markets, how and why it works, and how you can benefit. Thomas also spends time on money management and psychological tips, which are essential to trading forex.
A word of warning: The book is not the easiest of reads! But the videos really help with this, and even though Forex Confidante doesn't include a mentoring course, Thomas's customer service is excellent. He's been known to give out his phone number / skypeID quite a few times and personally help his clients one-on-one, which is priceless. I have yet to hear about an unhappy client, and don't forget that there's always the money-back guarantee. His views on trading robots are somewhat dramatic, and we don't share his sentiment, since we've reviewed metatrader expert advisors ourselves and some are really quite astonishingly good in their performance. I guess that's what you'd expect from a true hands-on Forex Pro though!
#3 BIRD WATCHING IN LION COUNTRY
Website: www.forex-trading-explained.com
Rating:
Cost: $69.95 once-off
Guarantee: 100% Money Back
Product: eBook
Our Review:
Bird Watching in Lion Country is a whopping 237 pages of pure forex online training, written by a professional full-time forex trader. You can imagine that the read can get a little boring and long-winded at times, but the information is pure gold, and is a strongly recommend read for forex newbies and struggling forex traders alike. It incorporates a very practical introduction to foreign exchange trading, and also describes a simple and practical trading system in great detail. Bird watching in Lion Country provides a structure which assures the absolute beginner that he doesn't start in the wrong direction, and the more experienced trader can also use this information to assess and correct his or her bad trading habits or mistakes. This forex online training system equips you enough to develop your own forex trading strategies. An interesting piece of information straight out of the website is that only 2 of the 50 contestants in the FX Street.com Trader of the year 2007 contest made positive returns at the end of the 4 month long competition. Both these entrants (first and second place) were using the Bird Watching in Lion Country System. I think that speaks for itself.
It was a difficult decision to place Bird Watching in Lion Country in 3rd place in our rankings, and the only real merit for this was that Forex Confidante is a newer product and hence contains more up-to-date information, as well a the fact that you also get some videos and excellent customer service. However, this is definitely an ebook worth reading, and is well worth the price.