Online education has grown over the last few years, meaning that students can learn about a whole new industry from their own homes, at their own pace. Many established and reputable companies offer classes, all with varying structures, content and costs. Day trading can be both lucrative and highly risky. It’s beneficial to have a solid understanding and appreciation of how to invest, manage risk and monitor the markets. Even if you have previous trading experience, this type of trading is constantly changing and evolving, so up to date knowledge and refreshing existing skills will always pay off in giving you the cutting edge against other traders.
The 14 Best Online Day Trading Courses
To help you decide, we have rounded up the 14 best day trading courses, with details such as cost and features. This list is not exhaustive, but it gives you a great starting point to see what’s out there. Conduct your own research too, to make sure you find the course that suits your needs. The trading school also offers a great range on how these courses are delivered. You can choose either an assisted learning style, an assisted plus learning style or the standard learning approach for each course.
Price
How much you pay depends on which course you choose to take. For the basic program, the standard course learning style costs $123. This is a one-time payment made at the beginning. If you want the assisted course, you will have to pay $369, and if you want to take the assisted plus course, you will have to pay $899. The complete course is understandably more expensive. For the standard program, you can expect to pay $1,280 for tuition upfront. This can be broken down into monthly payments, but you will have to pay more if you choose this option. If you choose to pay monthly, the standard course costs $395 a month, making it $300 more expensive than the one-time payment. As for the shortened course and standard learning style, a one-time payment will cost $1,180 or $375 a month for four months. For the assisted program complete course, you can choose a one-time payment of $2,960 or $875 per month for four months. If an experienced student wants to opt for the shortened course, they can expect to pay $2,780 upfront or $825 a month for four months. Finally, for the most comprehensive package, you will be asked to pay a great amount of money for Kralow’s assisted plus services. For the assisted plus program complete course, you can either pay $19,980 upfront or $6,125 for four months. You will save a total of $4,520 if you make the one-time payment. For the shortened course, but with the assisted plus option, you can either make a $18,880 payment upfront or a payment of $5,845 a month for four months. If you are unhappy with any of the services offered, then the Thomas Kralow academy will refund any customers within 30 days of your initial purchase.
Structure, Content and Length
The basic program offers students 20 lessons, with 19 interactive quizzes and seven practical assignments. This is a program that takes place over 21 days and is a perfect introduction for absolute beginners. If you are looking for something more comprehensive, then the complete program offers much more depth than the basic program. There are a total of 202 lessons that are separated into 16 sections. As well as this, there are over 145 quizzes on the complete course that are designed to help you apply your knowledge to real-life trading scenarios. You can also challenge yourself with the 82 specific practical assignments. The complete course has excellent reviews and is considered to be the equivalent of a university-grade course. Like an undergraduate course, students who pass their final exams will receive a recognised diploma. If you do not feel you have the time to dedicate to the complete program, Thomas Kralow also offers a shortened program. It is very similar to the complete program, but it cuts out the tutorials from the first section that are designed for beginners. The shortened program is best for traders who have some knowledge prior to taking the course. As mentioned above, you also choose your learning style. The standard course allows students to interact with each other. There is also customer service support that is available for 24 hours, seven days a week. Those who are best suited to independent learning will favour this style. The assisted course included expert guidance from a Thomas Kralow advisor. You will not be left alone to work through the content, and you will get the help from someone who knows the course material well. This learning style is marketed as 60% independent learning and 40% assisted learning. Those who choose this learning style will also get access to 30 days of real money-trading support after graduation. The assisted plus course is the most expensive option, but it comes with all extra features, including access to the mentorship of Thomas Kralow. If you opt for the assisted plus course, you will spend 60% of your learning time under the personal guidance of Kralow. Only 10% of this course is spent independently. You will also get access to a range of other advisors. Extra features include comprehensive trading algorithms, a strategy proposed by Kralow, private communication with some of the best advisors available and a 20% discount on all other products and services.
Special Offers
Unfortunately, the Thomas Kralow trading program does not offer a free learning solution, as all the programs have been tailored either by himself or other trading experts. However, it is not uncommon that the Thomas Kralow academy offers discounts on their services. They offer a 50% discount with Black Friday deals. It is worth enquiring with customer service about any of the deals offered.
Its strong points include:
No minimum first-time deposit No commissions Several payment methods for deposits and withdrawals Tight spreads from 0.5 pips
It offers one of the best execution speeds in the industry with low latency below 0.004s. It utilizes the most advanced technology to improve users’ trading efficiency – users can automate trades, build integrations and create trading apps using ActivTrades’ market-leading CFD and spread betting technology. Exceptional trading infrastructure is available on ActivTrader and MetaTrader 4 and 5. ActivTrades invests deeply in specially developed educational materials for its clients – including webinars, regular outlooks, manuals, etc. Type of offers: ActivTrades focuses on well-developed products in its trading portfolio. Customers can choose from over 1,000 CFD or spread betting instruments across forex, indices, shares, commodities, financials and ETFs. It also offers investing solutions for its institutional partners. Spread betting allows UK residents ONLY to trade the prices of financial instruments, including forex, indices, commodities and LSE shares. Spread betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread betting and CFDs work and whether you can afford to take the high risk of losing your money ProfitFarmers is the most unique trading bot on the list. It’s a platform that combines trade signals with copy-trading and advanced automation. So it’s actually much more than just a bot. It’s an all-in-one crypto trading co-pilot that does the hard work for you. Here’s how it works:
ProfitFarmers AI generates trading signals Its team of traders reviews the trades and sends the best trade plans to its members You copy a signal and adjust according to your preferences and risk tolerance You choose which features you want to enable (Laddering Mode, Break-Even Stop-Loss, etc.) The bot executes the trade for you
The ProfitFarmer’s algorithm dynamically scans the market 24/7 for trading opportunities based on dozens of factors, which are then sifted by professional traders before the trade appears in the dashboard for members to take. It’s a combination of AI and human intelligence. The result? 78% win-rate on completed signals. In 2021, completed signals resulted in a profit nearly four out of five times. Whether you are just starting out or already have years of trading experience, every trader can benefit from the simplicity and convenience the platform provides. You also get professional help through its crypto market analysis, trading education and a 24/7 customer support team. ProfitFarmer offers a free version of its platform, which means you have the chance to try and take advantage of its cool features without paying a cent. Some of the great features, like a moving stop loss and higher take profit targets, are locked behind a pro account. What are you waiting for? Sign up with ProfitFarmers now!
The UK Stock Trading Course comes endorsed by many industry experts and teaches you how to trade UK stocks. Michael Taylor is a well-known expert in the market and is often invited to speak at trading events and has written for the Financial Times. He has traded for a living since 2016 and set up the course in 2020 to fill the gap in quality trading education for UK stock traders. Michael offers plenty of free content for those interested in starting to trade UK stocks with books, video lessons and free tools. For those who want to progress to becoming a six-figure trader, he offers his paid tuition with The UK Stock Trading Course with 8+ hours of content. The course costs £597 and comes with lifetime access and all future content additions free. So far, the course covers:
How to setup and scale your trading business Risk management and effective position sizing Advanced stop loss strategies Reading Level 2 to get better prices How to use direct market access to beat market makers Finding and trading ‘in play’ stocks Profitable patterns backed by examples
It’s clear why Michael’s course is a top choice for many traders and his reviews are outstanding.
Ezekiel Chew the founder at Asia Forex Mentor isn’t your typical trainer. He is a recognized expert in the finance industry where he is frequently invited to speak at major financial events. His insights into the live market are highly sought after by retail traders. Ezekiel is considered to be amongst the top traders around who actually care about giving back to the community. He makes six figures a trade in his own trading and, behind the scenes, Ezekiel trains the traders who work in banks, fund management companies and prop trading firms.
His highly regarded One Core Program teaches you how to trade not only forex but also stocks, commodities, crypto and more. To Ezekiel, it doesn’t matter what vehicle it is. It’s about trade selection and having various options opens up the best of the best trades. The One Core Program covers:
The unique way he reads charts with a combination of price action and others. His 16 high win rate strategies that work on every move the market makes. The highly popular Road to Millions formula that turned many new traders into full-time traders. The business behind trading, trade management methods, proprietary point calculation system and many more.
It’s no wonder that the One Core Program is considered one of the best trading courses around.
CFD is not available in the United States. U.S. users cannot trade CFDs. The one-day eToro Trading School course covers multiple trading areas including forex, cryptocurrency and stocks. In-person education is delivered by Henry Ward, a professional trader with over 10 years’ experience under his belt. Though the course claims to be suitable for traders of all levels, the content is well suited to beginner traders, or those looking to learn more before dipping their toes into the water. You’ll have an introduction to the financial markets, learn essential key terms and what they represent, and walk through the fundamental principles of trading. Perhaps the most useful element of the course for beginners is the introduction of trading personalities. This should help you identify what type of trader you are and determine the most appropriate styles to suit. In addition to the classroom-based course, held in London’s Canary Wharf, there’s also a library of webinars and podcasts for those interested in distance learning. 80.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Now with more than 500,000 members, Forex Signals has a 24/7 chat function that is overseen by trading mentors that have over 55 years of experience, mostly providing high-quality trading signals. The interactive community feel is designed to give beginner traders the support they need through educational videos, discussions, live streams and trading tools. It is not a broker or a platform but could be considered to be a Forex social media site. With three main strategies in use, Forex Signals is the place for a trader to get feedback on potential trade ideas, as well as checking out what other traders are doing – and then be able to comfortably follow the trading patterns of others to copy their success. This is a subscription service, and there are three tiers available:
The cheapest option is a monthly subscription, named Apprentice, which gives limited access to the platform. For the six-month subscription (Committed), more access is allowed. For the top level (Professional), you get a year’s worth of access to the whole platform, including the mentors.
Unlike more passive trading signal sources, using the Forex Signals chat is time-consuming, and you need to be prepared to get involved to get the most out of it – but with that being said, the signals and research that you can find here are usually dependable and useful.
RM believes that anything can be easily learned, as long as you know the right approach. Its main goal is easy and understandable education. RM provides its users with online educational courses for forex, Options and Crypto trading with a bunch of interactive videos and tests and wants you to learn in an exciting way. RM’s live sessions are like watching your favorite YouTuber or Twitch streamer. But with RM you will learn how to trade, gain new financial knowledge and possibly improve your financial situation. Packages offered include:
All-in-One: $199.50 per month Forex package: $149.50 per month Options package: $149.50 per month Crypto package: coming soon
When purchasing a subscription you get full access to all the educational materials and features offered by RM.academy. For more experienced traders, RM.academy offers a referral scheme to allow you to bring in new clients, create your own network and receive partnership payouts from all your active referrals. As your number of active referrals grows, your level within the academy grows too. The higher the level, the higher your monthly payout. Each level has a fixed monthly payout amount of up to $1,000,000. Review Referrals section in order to have a better idea on how much exactly YOU can make! Or jump straight to creating an account and giving RM a test drive, before buying a package!
The UK Stock Trading Course comes endorsed by many industry experts and teaches you how to trade UK stocks. Michael Taylor is a well-known expert in the market and is often invited to speak at trading events and has written for the Financial Times. He has traded for a living since 2016 and set up the course in 2020 to fill the gap in quality trading education for UK stock traders. Michael offers plenty of free content for those interested in starting to trade UK stocks with books, video lessons, and free tools. For those who want to progress to becoming a six-figure trader, he offers his paid tuition with The UK Stock Trading Course with 8+ hours of content. The course costs £597 and comes with lifetime access and all future content additions free. So far, the course covers:
How to set up and scale your trading business Risk management and effective position sizing Advanced stop-loss strategies Reading Level 2 to get better prices How to use direct market access to beat market makers Finding and trading ‘in play’ stocks Profitable patterns backed by examples
It’s clear why Michael’s course is a top choice for many traders and his reviews are outstanding.
Designed to leverage the innovations in social media to make sharing best practices and new strategies easier, it is a popular destination for beginner traders as well as those who have some experience and want to learn new things. Although the courses might be considered quite pricey, payment plans are available on almost every course, and there are some Swing Trading courses you can buy on-demand if there are specific topics like options or retirement trading that you want to learn about. The 60-Day Trading Boot Camp was established in 2012 as a full coverage trading program, teaching everything that you will need to become a sophisticated and successful trader. This course is a combination of homework, seminars, and videos on everything from the basics of trading instruments to strategizing, reading the market, and making decisions based on trends and market sentiment. As with other courses offered by the Bulls on Wall Street team, the amount you pay for the course also offers you access to the community where you can continue to learn from more experienced traders – including the founders. Other courses include a free beginner’s course that comes with a trading kit you can get by signing up to the email mailing list, and there are courses specifically designed for swing traders and day traders. One of the newest offerings includes a Crypto Day and Swing Trading course, with content that focuses on diverse ways to trade digital currencies. There are more than 100 lessons included, taking you from complete beginner to confident trader and giving you access to the crypto trading room too.
There are more than 50 free trading lessons, designed by globally recognised mentors, and when you complete them, you will receive a certificate. You can expect the free courses to include both forex and stocks education – from a basic introduction through to charts, technical analysis, indicators, risk management and psychology. Alongside the free courses, there is premium content that comes with membership of the Trading Room. There are three different membership levels, with increasing benefits as the price goes up. Every level includes access to the Trading Room, all the premium content in the modular video academy, daily live trading sessions, trade sentiment analysis, weekly hot pick analysis, real time global news stream, live interactive workshops and access to pro trader tools. The different pricing structures are as follows:
The Apprentice – £77 per month, billed monthly. Includes one month access to the Trading Room. The Committed – £39 per month, billed six monthly. Includes six months access to the Trading Room. This also includes exclusive brokerage access and one-on-one with a mentor. The Professional – £36 per month, billed annually. Includes a year’s access to the Trading Room, all the features of the Apprentice and Committed subscription, but also a direct line to the mentors, the Trend Surfing Expert Advisor, and a license key to Forex Tester 5.
Utilised tools include the volume profile, market profile and order flow instruments such as the footprint chart. It is accompanied by diversified coaching mediums such as a workbook, Discord server, videos, webinars and 1:1 coaching sessions to ensure the best possible learning experience. The mentoring is led by a former private banker and experienced professional in his field of work maintaining 10+ years of experience in the financial markets. In close collaboration with the mentor, this course will teach you:
Prop trading knowledge Profitable order flow strategies Learn to read the markets Developing your individual trading plan One-on-one coaching
The entire coaching process is clearly structured and follows three phases guiding you through the various steps to become a successful day trader. Phase 1 focuses on building a theoretical understanding of the futures markets and day trading principles through the workbook and enclosed exercises. Subsequently, phase 2 puts theory into practice providing you comprehensive educational content through their Discord server including numerous sample analyses, trades, and supplementary insights from other community members. Here you can ask all remaining questions and receive individual support as well as share your trades to get a detailed review. In addition, the Discord server provides access to videos and webinars providing you further resources to guide you through the learning process. Finally, in Phase 3 your trading becomes more independent, you have acquired an extensive theoretical as well as practical knowledge that is now applied in the markets. Through continuous trade reviews and in close collaboration with the mentor, you will develop an individual trading plan fitting to your individual personality. That is accompanied by 1:1 sessions to ensure you are reaching your goal of becoming a consistently profitable day trader.
With more than 3,000 successful students and a money-back guarantee if you do not make a 20% gain following the information given, The Successful Trader Course is a completely online system that comprises several video lessons that are designed to be beginner-friendly. The course consists of 15 video lessons, lasting anywhere between five and 90 minutes long. These videos start at the beginning with learning about Forex trading (although Mitchem claims that you can use this process for trading commodities, too), and work through different trading strategies, tools and psychology. Alongside these videos, learners also get access to 12 months of daily trade information, lifetime access to personal email support, use of the Trading Room and a student’s-only forum site as well as custom-built trading software. The course costs almost $3,000, but there are split payment options available if you contact customer services. For those who need more of a personal touch, there is a one-on-one version of the online course available with exclusive access to the founder and his colleagues for personalised, structured learning – at a higher cost (but you need to apply to find out how much). The free resources available are quite in-depth, from a Masterclass to an eBook and various webinars and seminars.
The Udemy Complete Day Trading Course is a short course that consists of 7.5 hours of video lessons, articles and resources. The course modules cover a breadth of topics including chart analysis, short squeezes, paper trading and trading strategies. Listed at an RRP of £199.99, as is usual with Udemy, a significant discount has been applied and the course cost is £16.99 at the time of writing. This course is suitable for beginners who need to learn the foundations of day trading, but it may be too basic for more advanced traders.
Warrior Trading offers two levels of day trading course, alongside an option to access just the trading rooms for a smaller fee. It advertises a starter course, consisting of 15 chapters of course content, and a pro course, offering 50 chapters. Learning materials include simulated trading, chat rooms, online lessons and scanning tools. 90-day access costs $4,297 (and rolls into a monthly subscription of $197 per month unless cancelled) and one year access costs $5,997. Online reviews award 4.5/5 stars to this course. Warrior Trading also provides a busy and active community of trading experts for ongoing support and development.
What to Look for in a Good Day Trading Course
There are many day trading courses out there, but you should consider a few essential factors before deciding on one.
Legitimacy
The most important consideration is the legitimacy and calibre of the organisation or person providing the information. Some courses are written by traders who have only a year or two of experience. Of course, they may have been successful for those couple of years, but trading is a long term pursuit and short term success doesn’t always represent the level of skills and expertise needed to teach others. Check that the creator of the course has been trading for at least five years before viewing them as a trustworthy source of information.
Content
Check that the course covers the areas of trading in which you are particularly interested. Look at online reviews and check out online forums for other people’s experiences of various day trading courses.
Learning Style
You may also want to check the format of the course and how your learning will take place. The lessons could be self-directed or led by a tutor. Find out whether you have easy access to a tutor for guidance and feedback. A good course will offer a way for you to connect with your fellow students, so look out for ways your course provider facilitates this. You might also want to check if the course is run by a series of pre-recorded video lectures or slides, or if more interactive learning is available. A formal day trading course is a fast and accessible way to start building a day trading career. It is important to choose a reputable and trustworthy learning provider with positive reviews from past students. Find a course that suits your learning style and will allow you to study around your other commitments. The quickest way to learn is through practice, so find a course provider that includes a demo trading account. This will allow you to practice day trading without having to risk any real funds. To increase your changes of success, you will need to have the skills required to analyse stocks, know how to manage your trades and develop a profitable trading plan. Day trading is not a get-rich-quick scheme and requires a high degree of risk management and emotional discipline. All trading comes with risk, no matter how knowledgeable or experienced you are. Choose a broker with a minimum deposit requirement of $500 or less, and find one that will charge you fees based on spread rather than commission. To make money, you will need to trade on margin with leverage. The maximum leverage will depend on your location, so make sure you do your research. If you are trading with a small starting capital, consider trading major Forex currency pairs such as GBP/USD or NZD/USD. For maximum success, you need to make sure the lesson format and teaching approach suits your learning style, and that you are dealing with a reputable and trustworthy company. None of the course providers offer the same, so research the course content and look into student reviews carefully. Costs can vary hugely, so set your budget beforehand and don’t be tempted by big promises. Some of the strongest contenders in this list offer straight-forward teaching without any hype, and still get great results for their students. As well as course costs, trading itself can be costly and requires some investment. Be prepared to work at honing your day trading skills to manage risk where possible, but remain sensible and thorough when selecting a course to help you get there. WikiJob does not provide tax, investment, or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. Investing involves risk including the possible loss of principal.
