This article provides a systematic review of the best online trading Websites for 2022. However, we should make a clear distinction between the best online trading Websites, which are discussed below, and online FOREX brokers, which are not the subject of this piece. To learn more about the best online FOREX brokers, consult our extensive range of listings on this subject.
If you are a trader who is interested in learning more about which Websites will help you expand your investing view, read on. With today’s instant access to investing, anytime and anywhere and on the device of your choice, the need to rate and rank the specialized Websites offering the best online experience for traders has never been more important.
The Websites we will introduce to you in this article include the most educational Websites; the most informative; and the best in delivering business and markets news, data, analysis, as well as video. We couple this with information on the best FOREX social platforms, such as Arincen, to name a few. The analysis presented in this article will rely on widely available secondary sources online.
The article has 11 sub-sections, each discussing a particular Website and giving you an insight into what to expect before you access it. The subsections are laid out as follows:
If you are a novice trader just getting into FOREX, then finding the best broker for your needs will invariably be one of the toughest tasks and biggest decisions of your career. Forexbrokers.com exists to give you in-depth, unbiased reviews of international FOREX brokers, and to create world-class content about the global FOREX industry. The Website has helped millions of traders compare and choose the best FOREX and contracts for difference (CFD) brokers.
In 2016, ForexBrokers.com was acquired by Michigan-based Reink Media Group. This domain would reach the FOREX industry following the investigative research approach used by its sister sites, StockBrokers.com and Investor.com. The goal was simple: conduct rigorous testing and analysis to develop a clear perspective of the FOREX brokerage industry, something the site has done with aplomb.
In April 2017, the first Annual Forex Review was published. Each year since then, a new review has been conducted, diving deeper into the international FOREX universe. This Website is an excellent place to start when deciding which broker to use.
Investing.com contains a vibrant hub of investing information that may take the newbie some getting used to. Its interface is busy and fast-moving to the point that it could be intimidating to new users. It is a global financial portal and Internet brand composed of 29 editions in 23 languages, as well as mobile apps for Android and iOS that provide news, analysis, streaming quotes and charts. Users will find technical data and financial tools about the global financial markets. Each edition covers a broad variety of local and global financial vehicles, including stocks, bonds, commodities, currencies, interest rates, futures and options.
Founded in 2007, Investing.com has a growing readership worldwide and is now a leading global financial portal committed to constantly launching innovative features and sections to ensure an optimal one-stop source for its readers. With such a busy interface, the Website recently made the lives of endless readers that much easier by launching a customizable watch list that allows investors to narrow their focus.
TradingView is an innovative venture by a group of developers and traders with experience in building trading software, who share a vision that trading technology should be easy, powerful and accessible to everyone. Under the tagline, “Chart, Chat, Trade, Repeat,” the Website allows some 30 millions traders and investors to make better, more insightful decisions in the world markets. A quick visit to the Website will confirm that it was, indeed, the result of a labor of love of a few talented developers, as the user experience is simply excellent.
Taking advantage of the latest advancements in cloud computing and browser languages, the idea of bringing interactive charts through any browser to people around the world was made a reality. TradingView is also a thriving social community for traders to interact and learn, share ideas and work together to improve their skills. It offers a unique and simple way to share live charts instantly with technical analysis ideas that brings traders together, and it is a first step to having a full trading platform in a Web browser.
If financial information and news Websites were grouped into tiers, Investopedia would undeniably be a top-tier publication. Ever since Investopedia was launched in 1999, it has been on a mission to simplify complex financial information and decisions for readers, giving them the confidence to manage every aspect of their financial life.
The company’s millions of users come from all over the world and from all walks of life. Some are learning about money and investing for the first time, while others are experienced investors, business owners, professionals, financial advisors and executives looking to improve their knowledge and skills. No matter who they are, Investopediaisthere to help.
Investopedia, which is a part of the IAC publishing family, specifically Dotdash Meredith, aims to reflect the perspectives of all ethnicities, gender identities, generations, sexual orientation, and socioeconomic backgrounds in content to ensure it is elevating and empowering those with different points of view and serving all its diverse readers. Specifically, Investopedia is committed to improving the degree to which black, indigenous and people of color (BIPOC) are represented on the company’s editorial staff and contributor teams, as well as ensuring that Investopedia’s content is inclusive of BIPOC perspectives.
Investopedia’s mission is to simplify complex financial information and decisions so that its readers have the confidence to manage every aspect of their financial life. Investopedia aims to ensure that all of the articles on its site are empowering, unbiased, accurate and inclusive.
Investopedia was founded in 1999 by Cory Wagner and Cory Janssen and was launched as a comprehensive investing and finance dictionary at a time when the next best option was a textbook. The founders aimed to make finance and investing easier to understand and every definition featured both a matter-of-fact explanation and a more friendly layman’s version.
From 2000-02, Investopedia expanded its library of content to include articles, in-depth guides and FAQs in order to provide more comprehensive coverage of the finance and investing landscape. Since then, Investopedia continued to expand its library of content to well over 30,000 pieces and in 2010 was sold by Forbes to ValueClick (now Conversant).
In 2017, Investopedia completely revamped its market experience and paired it with increased coverage of the most-followed stocks in the US markets. It also launched Investopedia Academy as a place for users to purchase video courses from leading experts in a variety of finance and investing topics. Its continued success over the years has spawned an array of financial Websites that modeled their own approach on that of Investopedia. It is undoubtedly an industry pioneer.
BabyPips.com helps individual traders learn how to trade currencies. The company introduces people to the world of currency trading and provides educational content to help them learn how to become profitable traders. BabyPips.com is also a community of traders that supports each other on their daily trading journey.
From the early days of the Internet, BabyPips.com started trading currencies. The company realized how hard it was for beginner traders to find online information. It was even harder to find anything educational that could be applied to its own trading.
If the company did find something interesting, the content only covered a handful of FOREX-related topics and few sources specialized in FOREX – everything was scattered. There was not a place to learn FOREX trading for beginners. The company was forced to learn about topics as diverse as support and resistance, MACD, trading psychology, and risk management from completely different Websites. The company knew there had to be a better way, so it built it.
For more than a decade, BabyPips.com has been one of the best Websites for learning how to trade the currency market. Today, it has the School of Pipsology, the company’s free online course, as well as articles on FOREX news, trading strategies, market analysis, and the latest information from central bankers. Everything traders need to get started in trading currencies is right there.
BabyPips.com does not claim to possess high-end trading abilities or market wizardry. The company is also not here to project potentially expensive “hot tips” to its readers. It steers clear of trying to sell itself as a purveyor of money-making advice. Its strength is its stripped-down, human approach to advice that is not necessarily the result of incredibly detailed data analysis. In fact, its brightly-colored, easy-to-follow Web design demands engagement with a trader, as opposed to feeding them a stream of highly-processed information.
BabyPips.com exists to protect new traders from losing all their money in the FOREX market, either from their own poor trading decisions or from being bamboozled by the snake oil salesmen prevalent in the retail FOREX industry who lure new entrants with claims of easy money and holy grails
The company founders set up BabyPips.com to be a trustworthy resource for currency traders, always keeping in mind an important mantra. The First Rule of Trading: Don’t blow up. Live to trade another day.
The Balance makes personal finance easy to understand. It is home to experts who provide clear, practical advice on managing your money. Whether you are looking to invest, buy a home, save for retirement, or achieve another financial goal, The Balance’s 20-year-strong library of more than 10,000 pieces of content will answer your questions with straightforward personal financial advice.
The Balance is part of The Balance family of sites, including The Balance Careers and The Balance Small Business, covering personal finance, career, and small business topics. With more than 26 million monthly visitors, The Balance is among the top-10 largest finance properties as measured by comScore, a leading Internet measurement company.
The company boasts more than 50 expert writers who have extensive qualifications and expertise in their topics, including MBAs, PhDs, CFPs and other advanced degrees and professional certifications. The output of these writers is overseen by a powerful review board that is hand-selected for its experience and breadth of financial exposure, ensuring that whatever opinions make their way onto the site, the company can stand behind them.
On the heels of the global subprime crisis that began in the US in the summer of 2007 and continued for several years, DailyForex transformed from a small financial portal into an authority site for broker information and market analysis. DailyForex started as a four-person team in a small, windowless office. That young team worked day and night to provide a valuable service to traders worldwide – and is proud that most of its early staff are still with the company to provide traders with the reliable service they have come to expect. Today, DailyForex has scores of employees, including analysts throughout the world who provide market insights around the clock so that traders can access the markets intelligently at their convenience.
DailyForex’s goal is to restore confidence and trust to traders worldwide. At the same time, the company aims to provide valuable educational articles and market insights that can help traders better understand the markets so that they can trade more profitably for a longer period of time.
While DailyForex is well aware that markets can be complicated, it nonetheless wants to make it as easy as possible to get the information traders need, how they want it and when they want it. DailyForex shares information in a variety of ways so that traders can get comfortable market access however they desire. For example, if you want to get updates directly to your inbox, its free daily newsletter will provide you with the latest market analysis and broker promotions every day. By the same token, if you prefer to get your news on your cell phone, DailyForex’s free apps for iOS and Android may be just what you need.
Though DailyForex understands that almost anyone nowadays can build a Website (or hire someone to build it), not everyone can provide traders with real, useful information. The company’s highly educated team members have spent years studying in relevant fields, such as economics, journalism and politics, and each team member uses this knowledge to make DailyForex’s content stronger and its core offerings as relevant as possible to the company’s global trader base.
DailyForex’s technical analysts have years of experience in the world of FOREX trading, both trading for themselves and. in some cases, on an institutional level. They are not just analyzing the market and lecturing about how to trade, they are actually applying their knowledge to their own trades on a daily basis. Meanwhile, the company’s fundamental analysts have been watching political trends from the front lines of Europe, Africa and America, and have been reporting to DailyForex readers for nearly a decade.
DailyForex conducts in-house reviews of all the top FOREX brokers. Each review provides readers with a first-hand evaluation of a specific broker, so that you can find online FOREX brokers that will best meet your needs.
Forex Factory is designed for professional traders participating in the foreign exchange markets. Its mission is to connect traders — to the markets and to each other — in ways that positively influence their trading results. The ideal is that every trader comes away from each visit with fresh ideas, more knowledge and heightened market awareness.
Forex Factory is not only dedicated to supporting traders, but also to defending against all that misinforms, deceives or otherwise disadvantages traders. At Forex Factory, distinguishing the phony from the real is a high priority. Forex Factory is owned and operated by Fair Economy, Inc., a company dedicated to the democratization of financial information.
The vision is for Forex Factory to be the purest, most insightful FOREX-trading resource in the world. The most valuable information will be exchanged on these pages, accessible to every trader, at the same time, regardless of location, citizenship or financial standing. One significant drawback of this Website, in an era of colorful and user-optimized Websites, is its rather squashed interface that remains difficult to get around.
As far as Forex Factory Products goes, its Forex Forums product is home to more active traders than any other financial forum in the world. Traders from every country can be found sharing ideas, debating tactics, and swapping war stories. There are threads dedicated to every trading topic imaginable, filled with first-hand accounts from traders who have been there. It is a productive environment where professional discourse is the norm, supported by astute members and a moderation approach that is true to trading culture. Information on becoming a member can be found in the user guide.
The Forex Trades Product is a window into the live brokerage accounts of thousands of traders. The product sports several innovative features, including a streaming feed of members' trades, a leaderboard for tracking the month's best returns, and an aggregate-positions analyzer that reveals how traders are positioned, now and historically. Astute traders can capitalize on the Trades Product as a source of limitless insights and real-world education.
Other products include the FOREX News, a FOREX Calendar, and a FOREX Market tool that aggregates prices from multiple sources. You can also find FOREX Brokers, an advanced guide to properly-regulated FOREX brokers. The guide represents a breakthrough in the way traders research brokers, combining up-to-date information, extensive detail, and real-time spreads, all wrapped in a versatile interface. The information on the broker guide is actively maintained by Forex Factory's editorial team, who research and monitor the listed brokers on a daily basis to ensure traders are analyzing the freshest information possible.
Bloomberg is the global leader in business and financial data, news and insight. Using the power of technology, Bloomberg connects the world’s decision makers to accurate information on the financial markets – and helps them make more informed and insightful decisions.
The company gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Terminal. Bloomberg’s enterprise solutions build on the company’s core strength: leveraging technology to allow customers to access, integrate, distribute and manage information across organizations more efficiently and effectively.
The company’s editorial team does a sterling job of combining hardcore financial news with other news pieces, such as sports and politics, plus well-sourced and relevant color pieces when required. This is a premium Website that charges accordingly, with its news and information products coming at a stern price for paying subscribers.
Yahoo! Finance is a media property that is part of Yahoo! network. It provides financial news, data and commentary, including stock quotes, press releases, financial reports and original content. It also offers some online tools for personal finance management. In addition to posting partner content from a wide range of other Websites, it posts original stories by its team of staff journalists.
As of June 2017, Yahoo! Finance was part of Verizon Media, the media division of Verizon Communications. Yahoo, the business division of which Yahoo! Finance, is a part of the largest business news Website in the US by monthly traffic. In 2021, Verizon sold its media businesses, including Yahoo and AOL, to Apollo Global Management.
The ownership changes have seen Yahoo! Finance retain a place of pre-eminence on the global financial news landscape, although it could be argued that this established Website has not evolved in any meaningful way as consumer tastes and demands have changed over time.
Haifa-basedArincen is arguably one of the best online resources for FOREX currency trading. Featuring an English version and an Arabic version, the company’s Website is divided into nine parts, as detailed below:
1. The News Section
Staying up to date with the latest FOREX news is essential to the success of any trading activity. Arincen, therefore, has established a news desk containing all the latest minute-by-minute news so as to enable users to stay on top of breaking developments.
2. The Signals Platform
FOREX signals are essentially suggested “buy” or “sell” advice based on market trends, as per our unique group of experts. These experts provide a technical analysis of the market, analyze the relevant news and/or look at price movements within a certain time frame, and then provide their signals.
There are several types of signal platforms. While some are “traditional,” others are more social, which is the case with Arincen.
In short, we at Arincen have come to the conclusion that no one can succeed in FOREX trading on their own. While several Websites provide signals, Arincen is more transparent about who it recommends and why, giving it an unbiased view. This is why we can boast excellent results when it comes to our experts.
3. The Social Network for FOREX Trading
One of the key features of the FOREX market is that it is decentralized. This means that anyone in the world can take part at any time and from any place. That said, the downside is that this nature of the market does not allow traders to cultivate relations with one another. To this end, Arincen has set up a social networking option, similar to Facebook, where traders can publish whatever comes to their mind via-a-vis FOREX trading. In turn, they can share this information with other traders from their country or elsewhere. All this is done while maintaining the utmost transparency.
4. The FOREX Blog
FOREX trading is complex enough, so the only way to reduce this complexity is to keep learning. This is why Arincen, through its blog, has authored several informative and well-researched articles covering everything you need to know about FOREX trading.
5. FOREX Academy
The FOREX academy is a toll-free service provided by Arincen, where experts in FOREX trading share their insights through educational courses, both practical and theoretical.
6. FOREX Companies
Arincen is not a brokerage firm, but rather a company providing services related to the FOREX market. One of these services is providing users access to such world-renowned companies as FXDD and ICM Capital.
FXDD is a premier global brokerage firm, operating under licenses from several regulatory bodies from around the globe. It offers services with great efficiency and speed. FXDD has over 20 years of experience in the Arab world and holds annual conferences region-wide. Among others, it enjoys licensing from the UK’s FCA. It is also a key sponsor of global motorsports phenomenon Formula 1.
Like FXDD, ICM capital enjoys FCA-licensing. The above-mentioned companies are licensed companies by the top regulatory bodies in the world. With branches internationally, as well as across the Arab world, both offer Islamic accounts, and both are among the best companies in the business in this regard.
7. FOREX Analysis
Prudent analysis is key to enlightening the road ahead for Arab FOREX brokers. Otherwise, it is difficult to make informed decisions. Therefore, we have established a special division to analyze FOREX markets. This division is operated and supervised by leading industry experts.
8. FOREX Tools
As in any line of business, you will need tools to help you operate smoothly and, to this end, we have provided three tools:
I.The Economic Calendar
The economic calendar, or the economic agenda, as we call it, provides our users with a list of all dates on which they should keep an eye regarding important economic data and announcements. This applies to such countries as the US, UK, Switzerland, Germany, France, Spain, Japan and China, among others. Economic developments in these countries, and others, can have a huge impact on the price exchange of currencies internationally.
II. Risk Calculator
The risk calculator helps you determine in real time the risks involved in your deals so you can proceed with minimum exposure.
III. Point Calculator
This is a tool that enables you to determine the one basis point value for any currency pair or any other financial asset.
9. The Legal Division
In this division, we provide two main services, as discussed below.
The first is a tool to reveal scam FOREX brokers so you avoid them and trade with confidence. The second is our legal services department. This department provides all the services needed to protect traders from FOREX scam activities. It does this by providing advisory services, including but not confined to retrieving deposited money and filing lawsuits against shady FOREX companies.
It is noteworthy that all Arincen services are free of charge, except those of a legal nature. All profits made by use or the companies with which we deal are achieved through the spread differential of each deal.
In summary, some of the services Arincen provides include:
1. A social networking platform, bringing together thousands of traders and analysts.
2. A recommendations platform, allowing users access to the thoughts and market sentiments of key experts in the field.
3. A platform for news and analysis.
4. An academy to teach FOREX trading interactively and/or via video.
5. Live trading rooms with the most important FOREX analysts in the region.
6. An independent legal division.
Qualified and licensed account managers.
In this article, we looked at the best online Websitesfor FOREX trading. We have shown how they differ one from another, with each enjoying its own strong selling points. While some are educational and informative, others focus on news, analysis and social aspects. Notwithstanding, they each serve a specific purpose and traders across the world would find them useful during their market activity.
Adrian Ashley is a seasoned business and finance writer. With a corporate career spanning over 20years, he has developed deep experience in such diverse areas as investing, business, finance,technology and macroeconomics. He is passionate about captu...