By Yael Warman

You are cordially invited to come on a journey of discovery. To discover the finest and the best online trading tools that can be found. Over the course of this article we will search the most remote parts of the world, such as page 3 of Google, to discover the very best trading tools. Equipped, you will be able to improve your trading and grow your pocket book.

Let’s begin with a look at the seminal sector of Education.

We all have different definitions of what aspect should be the best. For some it is ROI, for some it’s an award that says Best forex trading tool (I mean, it actually says it. How could that not be right?). To help everyone out, we are going to award the best in a variety of critical categories. Pick your favorite based on your own understanding and what works for you.

Disclaimer: To keep things fair, we have kept CountingPips out of the list, but you are here, on the website, so you already know CountingPips is great in more ways than one.

Best investment definitions – Investing.com

Investing.com is the wikipedia of investor education, except that it is written by people who actually know what they are talking about. If you are looking for a definition, you will find it here.

Want a link to several articles on the topic? Here also.

However, it does tend to be a bit of a clunky site to get around, and you have to be careful with the dates on the articles. That article that you just read, where Crude is predicted to top $180 USD per barrel may have been written in 2010. But otherwise it is the best site for investing concepts.  

Best weekly forecasts – Forex Crunch

So good I would simply send a link to my traders every week. What’s more, it has a really useful updates section to address the upcoming news cycle, a section discussing the expected impact of key fundamental activities in the coming week, charts, technical analysis and a summation.

It does have a bit of a stronger focus on fundamental trading over technical trading and it is not the most visually engaging. But it is also very comprehensive, well-reasoned and wonderful food for thought, which is all you could expect from a forecast.

They also leave up the previous forecasts, which is good for a laugh.

Best fundamental articles – Seeking Alpha

This one is a bit out of left field, since the Forex content is a bit weak, but this is a personal call for a reason that I think is valuable to share. Every time I read Seeking Alpha I am blown away by the analytical expertise of the contributors. Serious financial advisors and savant / geek level sector followers giving detailed analysis of the fundamental news items of the day.

The reason I have given it this award is that it exemplifies the level of detail that is needed to be a successful fundamental trader. When I read the articles about a sector I know about and I come across a detailed analysis of some obscure element, like the actual machine model that a manufacturing plant uses and its efficiency and age, I realize how much additional knowledge is being considered.  

Best FX School – Babypips

The Babypips “School of Pipsology” is the place to get your full kindergarten to graduate Forex-ucation. Combining the wackiness of a college party school with top flight, down to earth, well explained concepts, it is a pleasure to attend and worth a look to brush up or learn some new things.

Make yourself a punny Forex name (my favorite is Forex Gump) and you will fit right in!

Best technical site – Action Forex

Solid technical analysis blogs and advice, with frequent updates. A bit light on the technical tools to play with, but from an education perspective of ”I don’t want to do the analysis myself” or “I don’t trust my own analysis perspective”, it’s a really useful site.

Again, layout is a real problem, both how the content is laid out visually and finding anything, but the advice and information options set it apart.   

So, after having dived to the bottom of the Google ocean, I think you could safely say that we found some Forex educational “treasures”. Are you aware of any pearls we may have missed? Let us know

About the Author:

Yael Warman is a creative writer with a strong background in marketing and advertising. Yael has been a writer for over 10 years and has worked for clients in various industries as well as her own companies and is currently the Content Manager at Leverate.