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Your one-stop-shop for all things Forex Designed with you in mind, we're constantly improving the trading room to fit each and every type of Forex trader. Daily trade ideas Every day, traders within the Trading room share their thoughts on the market and any trade ideas they may have. Market commentary from experienced traders Daily Forex signals from fellow members Share your own trade ideas for discussion Trade our strategies live with our Forex market analysts.

World-class educational resources Our team of 2 market analysts have prepared hundreds of fantastic videos for you. Inside are traders just like you "I've been a member for 2 months and I've learned so much. Thousands of Forex traders are waiting for you Ready to join us inside the trading room?

Start your free trial today and see what all the fuss is about. Start 7 day free trial. Register now with Google Register now with Facebook. Never miss a trade Download our Trading Room app and take us everywhere with you. This website uses cookies to improve the user experience. To learn more about our cookie policy or withdraw from it, please check our Cookie Policy Accept. ENTER TRADING ROOM NOW! Sign in Sign in Sign in.

Whether you are a host or a user of the platform, you can benefit from becoming a part of the fastest growing community on the market. Become the part of our ever-growing community! Daily trade signals Morning run through of all charts Running commentary on news throughout the day Macroeconomic views Insight into how a fund manager navigates the trading day Proven track record Covering FX, Gold and Indices.

Start Free Trial. Daily 5-minute morning market scan video Daily trade ideas Weekly market analysis videos Exclusive channel for daily posts Access to a dedicated trading mentor Live market event analysis NFP, Elections, FOMC Tips for practical day trading Proven track record Covering Forex, Commodities, Indices, and key equities.

Moderators control the chat programs and help police for malcontents. Most services also charge a fee, which further deters trolls. Price structure and chat style can vary, so make sure you know what type of trading you want to do before signing up for any specific room and seek out opinions from current or former users.

Chat rooms can be a big boost for traders, especially those who are just starting out. Not all trading chat rooms will steer you in the right direction.

Here are a few red flags to to consider before getting a membership to a room:. The best trading rooms all have a few common characteristics. Benzinga used the following criteria to make selections:. Want to learn more? Check out Benzinga's guides to the best day trading courses , the best day trading books , the best day trading software , and the best online brokers for day trading.

Be wary of traders looking to promote stocks that they own. You may find they go into chat rooms and persuade you into buying them. My Account. Benzinga Plus. Log In. Our Services. News Earnings. Retail Sales. Insider Trades. Markets Pre-Market. After Hours. Binary Options. CME Group. Global Economics. Penny Stocks. Digital Securities. Ratings Analyst Color. Price Target. Ideas Trade Ideas. Covey Trade Ideas. Long Ideas.

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Learning Forex trading can be quite overwhelming and challenging. One of the best ways to learn how to trade is to follow a mentor whose trading style you can emulate.

This applies to really any discipline in life: following a mentor will always be more effective than trying to go it on your own. Considering how much of a high-stakes game Forex is, these are the best live trading rooms out there. These YouTubers offer free live trading rooms and are some of the best Forex education out there. Each of these traders has their own distinct trading style, so choose whichever style works better for you.

Subscribe here. Raja Banks is the reason I am a profitable trader. I have found his trading philosophy to be what made the most sense to me, and by implementing his systems into my own trading, I am able to make good profits in the Forex markets.

Discovering Raja Banks WicksDontLie formerly was a game-changing event in my Forex trading career. Raja has regular live streams for Pre-New York and the early New York session. The streams are done on Zoom and also broadcast on YouTube. Joining Market Fluidity is not free, so even the free live streams have a ton of value. You can always start out with the YouTube streams and eventually sign up if you wish. TraderNick is a very popular Forex YouTuber with over , subscribers.

He posts educational content and also hosts live trading rooms where anyone can participate. If you have the patience and fortitude to handle wild market swings, Nick is the trader to follow. His videos show his successful track record.

He hosts hour long trading sessions every single day and he is a skilled technical and fundamental analyst. Today is hosted by Wayne McDonnell, who is one of the pioneers of live trading rooms. Back in the day, he ran FX Bootcamp, a community of very successful Forex traders. Live trading rooms are NOT meant to be used as trading signals. Another way to utilize a trading room is to validate your ideas. Eventually, you want to remove your dependence on the live stream for trading knowledge and instead participate for the social aspect!

Risk management is always more important than the trading strategy you use. Finding the right mentor and following them can be a game-changer in Forex trading. Provided that you stick to what they teach, you can slowly become profitable.

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