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Which are the best Forex forums for 2020?

If you are new to the forex world, a good way to quickly be updated on the happenings in forex trading is to join a forex forum. A forex forum allows you to interact with traders, all of whom are at different levels of experience. These forums also allow you to ask questions and learn about the best techniques to be a good trader. Here are some of the forums you can consider joining:

Forex Factory Forum

This forum first appeared in 2004. It is designed around the trader to ensure that he or she gets as much information as they can to help them become a successful trader. This is currently the most viewed forex forum online. The forum is open to traders from any part of the world. They are allowed to share their views, hold debates, learn from others, teach others, and even talk about past trading experiences.

MT5 Forum

Users of the MetaTrader platform use this forum. It gives users the chance to benefits from the expertise of others in the community with the focus being the MetaTrader platform. While this forum is dedicated to MT5, it is common to find discussions around the MetaTrader4 platform and forex trading in general.

DailyFX Forum

DailyFX is a news and research site. It offers news about the forex world from all parts of the world. You will find reports from analysts about the latest changes in the forex world. These analysts also provider traders with a technical analysis of what is happening in the trading world. DailyFX also provides a breakdown of the main market movers and detailed explanations regarding technical, political, and economic factors that cause changes in the market.

The DailyFX Forum is offered in French, German, English, Japanese, Spanish, Swedish, and Italian, just to mention a few. It is a very active forum and features 24 sub-forums. These forums are placed under categories such as Trade the Market with Analysts, Traders Lounge, Analyst Research, FXCM Account, Support, and Automated Trading.

Forex TSD Forum

Instead of showing the various categories on the home page, Forex TSD Forum places to the busiest and latest discussions on the home page with a link to the sub-forum. This ensures that traders do not run the risk of posting questions in the wrong section or missing important discussions. The main draw of this forum is that it covers many different discussions. Its busiest sections are those on Harmonic Trading and MT4.

Babypips Forum

BabyPips, one of the top educational sites in the forex trading world, runs this forum. This forum is mainly focused on beginner traders. However, experienced traders might find some discussions that are of interest to them. This is especially so if they visit the Analyst Arena section. The forum is divided into various sub-forums, with each one focusing on a specific section such as day and swing trading strategies, fundamental analysis and technical analysis, and automated trading.

ForexPeaceArmy, EliteTraders and many more.

If you are new to forex trading, pick a forum that you feel is best suited to your needs and start growing your knowledge.

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