Top Forex Trading Facebook Groups
Although Twitter and LinkedIn remain the most widely used social networks for forex traders, there are many communities on Facebook that could be of great interest to online traders. So let’s see some top forex trading Facebook groups. The format of this platform makes it easy to share different kinds of information, particularly the fact that graphics can be displayed so prominently, lending itself well to the publishing of charts, for example. Among the Facebook pages that have the largest numbers of ‘likes’, most fall into one of the following categories: brokers, signals providers, online academies, and community forums.
While the primary purpose of these pages is promotional, in order to draw traffic towards the main site, they are often good sources of content in themselves. By connecting with the most relevant ones, you can gather together a lot of useful information and links to content that you might otherwise miss out on with a traditional news feed. Due to the lack of size limitations, Facebook doesn’t lend itself as well to being tucked away in a corner of a trading layout as Twitter, but it can be a useful source of information and ideas nonetheless, particularly if you are browsing your news feed on a smartphone for example.
eToro – 2,4M likes
As the largest social trading network in the world, eToro has been quicker than most to see the possibilities of social media, and Facebook in particular. Their posts often take the form of conversation-starters, rather than promotional announcements, and while there is plenty of content that is specific to forex trading, there are a lot of more general business and social media-related post here too. This makes it one of the more entertaining and useful pages for forex traders to connect with.
Instaforex – 1M likes
Instaforex are one of the biggest forex brokers in Asia, a market that seems to have adopted social media, and particularly Facebook, in greater numbers than any other. Unlike Xforex, instaforex largely steers clear of purely promotional posts, veering more towards conversation-starters and infographics related to online trading.
MT5 Forum – 1M likes
This Facebook page is an offshoot of the popular MT5 forum, which we covered in an earlier article. It largely exists as a social layer for this community for sharing pictures, infographics, and charts, rather than as a replacement for the forum itself.
Free Forex Signal – 272K likes
Free Forex Signal offers actionable trade suggestions for free, and reports their successes via Facebook. At present, Facebook is too slow and inflexible to allow for copy trading within the platform, although it can form a useful adjunct to these services as a way of drawing traffic and building community.
Indian Forex – 372K likes
The Indian Forex Forum is the go-to place on the web for information and insight on currency pairs involving the Indian rupee (INR), particularly USD/INR. Their Facebook page largely consists of shareable memes, currency news, and forum highlights.
Forex Fund International – 121K likes
Forex Fund International is a fund management firm specialising in forex. Therefore, their Facebook page doesn’t contain much in the way of content to interest online traders, aside from regular posts containing “words of wisdom” from some of the biggest names in the history of finance, economics, and philosophy.
Forex Art Of War – 63K likes
As a promotional vehicle for Vance Williams’ Forex Art of War training programme, this is a surprisingly useful page for traders, offering daily insights, videos and analysis from the author himself. It is also a good resource for links to useful articles and discussions of the economic events that are affecting price movements.
Forex School Online – 177K likes
Forex School Online is a training programme with a specific focus on the study of price action. The Facebook page is a very active community, and a deep resource of insights and discussions regarding trading strategy and analysis, with charts demonstrating the efficacy of the strategies espoused by the programme.
Forex Count – 51K likes
This page is primarily used by FX broker Forex Count to share news, analysis, and forecasts regarding the currency market, with abundant links to reports and articles from the company itself and the web as a whole.
FXCM US – 86K likes
The page for leading US broker FXCM has quite an educational bias, with plenty of tips for making better use of their platforms, links to online tutorials, and a liberal application of price charts to accompany their sometimes quite detailed posts about market-moving events.
Forex.com – 39K likes
Unlike the more broad-based approach of many brokers, Forex.com use their page almost exclusively to post technical analysis charts pertaining to recent market events, which makes it a useful page for any forex trader to have in their news feed.
Saxo Bank – 184K likes
Danish investment bank Saxo Bank, which offers online trading in a wide range of financial instruments including forex and CFDs, has a very active Facebook presence that is employed for a number of purposes. These include drawing traffic towards market analysis articles and opinion pieces on their TradingFloor website, and spreading the word about the wider activities of the company, its employees, and the Tinkoff-Saxo cycling team.
Internet Forums
Trade to Win (T2W): It is a platform designed for engaged Forex traders seeking to share their insights, express their viewpoints, or seek advice. The T2W forum provides a sophisticated search feature to prevent redundant threads. Navigating the forums is made simple by their organized structure, where discussions are categorized into six sections: reception, markets, methods, trading career, commercial, and off the grid. This ensures that users can conveniently find forums tailored to their specific interests.
Forex Peace Army – It has a history spanning over five years. Their forums are categorized into “companies discussion” and “beginners bootcamp,” each further subdivided into more specific groups. Notably, the forum includes an actively engaged section named “Scam Alerts,” where individuals who have fallen victim to scams share their experiences to warn others. Users can pose questions about brokers or websites suspected of fraudulent activities to gather insights from others who may have encountered similar situations.
Additionally, the website provides a search function enabling users to find specific forums by entering keywords, author names, question statuses, prefixes, or dates. For those looking to enhance their understanding before engaging in the Forex Peace Army discussions, the platform offers useful books tailored for beginners.
Baby Pips Forex – This forum is another reputable platform catering to both novice and seasoned traders. Valuable information can be discovered in categories such as “brokers,” “trading language and indicators,” and “trading technology and tools,” particularly beneficial for those new to trading. For individuals with a foundational understanding, there are sections dedicated to analyzing trading techniques like automated, copy, or mirror trading. Additionally, Baby Pips provides an educational section to supplement forum discussions, along with four distinct calculators that serve as handy Forex tools.
Forex Forum – It stands out as another platform committed to supporting its members in achieving profitable trading outcomes by fostering global communication on both the fundamentals and nuances of Forex. This user-friendly website allows participants to engage with content related to indicators, tools, brokers, and trading software through reading and commenting. The platform also hosts threads dedicated to strategies and trading systems, including discussions on scalping or hedging.
Similar to the Forex Peace Army forum, Forex Forum includes a “scam alert” section, providing a space for users to express concerns or doubts about a particular broker. This feature enhances the platform’s commitment to fostering a secure and transparent trading environment for its community.
So that are ones of the top forex trading Facebook and Internet groups, we well come with more few good examples in the future.
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2 Comments
It feels great knowing we have those groups on social networks. I will use that for sure
Super thought out! Can’t wait to try it out.