Learning forex trading is fundamental to ensuring financial success in the volatile world of currency trading. There are two ways you can learn forex trading: by paying for a mentor or a forex academy or by self-learning. Unfortunately, not everyone with the dream to trade forex has the financial muscle to pay for training services, which is understandable. Enter self-learning. With self-learning, you teach yourself everything, and here in Kenya, we have a number of successful forex traders who claim they taught themselves everything for free by utilising the freely available resources.
Among the freely available resources is YouTube, arguably the world’s largest video library, and in this guide we will take you through the best YouTube channels to learn forex trading and how you can optimise your learning through YouTube.
Useful Tips When Learning forex on YouTube.
Before diving into the best YouTube Channels, let us discuss the best approach to learning through YouTube. Selecting a channel, putting it on autoplay and hoping for the best will not work, and you might actually end up more confused than educated. So let us dive into it
Act like a true beginner
It is a well-known fact that the best way to learn something is to act like you don’t know anything about the subject. If you are looking to learn forex trading, you definitely know a little about the fundamentals. For you to completely learn and understand, you have to start afresh.
Compartmentalize
Break the whole forex world into sizeable chunks you can learn and absorb as you proceed. Don’t put a whole playlist on autoplay and hope for the best. I also discourage choosing the 5-hour-plus videos that are not broken down. By the time you are at the second hour, concepts from the first hour are already wiped out of your brain.
Utilise AI to generate forex modules for you, and when you are looking for videos, search module by module. Start with videos talking about what forex is before proceeding to how forex works. It is also important to be chronological in your learning.
Supplement your learning
We have talked about breaking the different aspects of forex into modules for easier understanding. It is also important to supplement your learning with different freely available resources. For instance, if you have not understood something about technical analysis from the videos, just pause and Google it. Also, online forums are the best places for supplementing your learning. Here you will find a blend of both pros and amateurs who have experienced the issue and have something to share. From there you can get really useful insights.
Take notes
Writing something down is among the most effective ways to grasp new information. Summarise important aspects in ways that would be easier to understand to you. Watch each video with a pen and paper, and once in a while, without the video tutorials, just go through what you have been learning to further nourish what you already know.
Patience
Don’t fool yourself into believing that you are now a pro after finishing a couple of videos. Remember, the learning cycle doesn’t end. There is always something deeper no matter how deep you go. Give yourself time to navigate the entire module and make sure you have grasped it all. This can take months; do not rush it.
Demo Account
All theory without practicals won’t be so helpful in our learning journey. Fortunately, close to all reputable forex brokers offer demo accounts to try out different strategies without risking your actual capital. Using the virtual currency, implement what you have learnt and polish where you feel you are overwhelmed. Once again, do not rush it. Take as much as possible on the demo account before jumping on the real trading.
There are brokers that offer real cash rewards to traders who grow their demo accounts responsibly in some sort of competition. You can hop onto those for your chance to get a cash reward that could be your starting capital. Here is our list of the top CMA regulated brokers in Kenya you can start with.
Stick To reputable channels
Now this is the whole aspect of this blog. Not every YouTuber out there wants to teach you forex; some just want to milk the ad revenue and dip. Choosing a reputable channel is key to mastering forex trading. Best channels to learn forex trading will have the following qualities:
- A decent subscriber count.
- Open Comment section with positive reviews
- Videos broken down into timestamps and playlists
- Regular posting intervals
- Using reputable forex brokers
Watch out for channels displaying flashy lifestyles and lots of bragging. Most of them end up being scams
Now let us dive into the best forex youtube channels
Best YouTube Channels To Learn Forex Trading
For this list, I will highlight both global channels and local ones so that we can have the best of both worlds. Local forex YouTube channels will provide useful local insights like forex market hours and brokers that accept local payment methods like M-Pesa.
FxPesa
Through their Brand Ambassador and expert trader Rufas Kamau, FxPesa is the best channel on the Kenyan forex scene to learn forex trading and learn market analysis. They have 2 interesting playlists;
Novice to Pro with Rufas Kamau, which teaches users the fundamentals of forex trading right from the introduction to trading all the way to building a proper trading system. For an amateur in Kenya looking to teach yourself forex trading, this is the playlist for you.
Money snapshot with Rufas Kamau: This is another important playlist that you should keep up with. It is regularly updated and discusses the market trends of the global forex economy through a live analysis. Though it does not teach forex trading, it offers real insights on how to read and interpret market conditions in order to make informed trading decisions.
JeaFx
Perhaps the best beginner-friendly forex trading YouTube Channel available. His content is explained in simple terms in ways easy for the layman to comprehend. The videos are also broken down, an important factor considering we mentioned that the best way to learn is to break the information into chunks. For a beginner, JeaFx is the best blend to get yourself used to the different terminology.
Pips of Persia
One of the most insightful forex educators on YouTube, Pips of Persia focuses on trading psychology and mindset, two things many beginners overlook. His explanations are calm, clear, and rooted in real trading experiences. If you’ve ever felt emotionally overwhelmed by the charts, his content will ground you and offer a fresh mental framework.
He’s not flashy, just real, relatable, and razor-sharp. If they can’t even watch the whole video, do they even have the patience for trading? This is his tagline on YouTube.
Iliya Sivkov
Iliya Sivkov delivers structured and visually clean trading tutorials. His videos emphasise price action, market structure, and how to spot high-probability setups. What makes his content beginner-friendly is the way he connects theory to practical examples on live charts. If you’re trying to move past indicators and truly understand how price moves, Iliya is a solid guide.
I have highlighted 4 channels; it doesn’t seem like much, but these are the best youtube channels to learn forex trading, and I have handpicked them following extensive research and review. Any aspect you need in the forex world, the above-listed channels have definitely covered it, and you will be in safe hands.
Conclusion
Forex trading is real and legitimate when you follow the right channels, stay disciplined and consistent, and manage your funds properly. All these YouTube channels will teach you that for absolutely free, and that’s one major advantage it offers. If you’ve been contemplating starting forex trading on your own but remain hesitant about the self-teaching approach, this might be your sign to begin.
However, paying to learn from real professionals with genuine market insights is also a valuable approach, and you can even combine both methods. At Brains with Concepts, we are Kenya’s premier forex trading academy, and we welcome you to trade alongside us. With our team of expert traders, lifetime support, and access to live trading webinars, you’ll be learning from the professionals. Sign up today and kickstart your trading journey.