Facebook is the most popular social networking site in the world with more than 2.7 million active users. It holds several advantages for users as it is easily accessible, free, and available to anyone with a smart device and internet access.
It’s not only great for keeping in touch with friends and family around the world to share memories, photos, and stories, one can also utilize it for keeping up with world events and news, participate in fun challenges and create apps for Facebook.
Even teachers and students can make use of Facebook for class projects, posting notes as well as creating blogs and study groups. It is a fun way of enhancing communication between students.
Facebook isn’t just great for private users; it can be very beneficial for businesses as well as it allows potential clients to view your products, services, and reviews. Sharing customer reviews encourages confidence and credibility.
For this reason, Facebook has been flooded with forex traders these past few years, who share market views, strategies, and tips with followers on how to become successful traders.
In this article, we put together a list of the 27 best forex traders to follow on Facebook.
Paul Tudor Jones
Paul Tudor Jones II is a hedge fund manager and is often referred to as a trading legend in the forex community. He is known as a billionaire, conservationist, and philanthropist.
Jones paid for tuition by writing for the family paper under the pseudonym Paul Eagle. He earned a bachelor’s degree in economics from the University of Virginia in 1976.
Soon after, his cousin introduced him to trading and Jones ended up trading for one of the largest cotton wool players in the country, the New York Cotton Exchange, of which Jones later became chairman.
He later started focusing on commodities and at 24 years old, he became a broker for E. F. Hutton & Co.
Jones is the founder of Tudor Investment Corporation, an asset management firm, as well as The Robin Hoof Foundation, a natural disaster and poverty relief fund.
Peter L Brandt
Peter Brandt is a classical charting principles trader since 1980 and has been trading commodities since 1976 intending to trade proprietary funds. Since then, Brandt has had several failures and wins, gaining comprehensive knowledge with each trade.
From 1976 through 1979, Peter handled large institutional accounts during the 1970s, such as Campbell Soup Company, Godiva Chocolate, Swanson Foods, Homestake Mining, and Oro Wheat.
Brandt became founder and CEO of Factor Trading Co., Inc. in 1980, where focused primarily on trading proprietary capital, market research, and trading management for large trading houses such as Commodities Corporation.
Brandt is also known as the author of Trading Commodity Futures with Classical Chart Patterns, Diary of a Professional Commodity Trader (which became Amazon’s #1 ranked book on trading for 27 weeks).
Barry Ritholtz’s website, The Big Picture, named Brandt among the 30 most influential people in the world of finance in 2011.
Bill Lipschutz is a forex trader that started this path when his interest in financial trading was sparked after he inherited stocks from a family member. He spent hours researching the market and gained valuable knowledge over the years.
In 1982 Lipschutz started working for Salomon Brothers and later joined the company’s Foreign Exchange Department. He quickly became one of the top forex traders across the globe. He traded for Salomon Brothers until 1990.
He founded an asset management firm, Rowayton Capital Management, a year later. Hathersage Capital Management was founded in 1995.
Lipschutz has been featured in two print books about market traders during the 1990s – The New Market Wizards: Conversations with America’s Top Traders by Jack D. Schwager, and The Mind of a Trader by Alpesh B. Patel.
In 2006 Lipschutz was inducted into the Trader Monthly Hall of Fame.
George Soros, born August 12, 1930, is a known billionaire investor and philanthropist.
With a net worth of approximately US Dollar 8.3 billion, Soros has achieved many successes and failures during his time and is probably one of the traders with the most comprehensive knowledge about investments, trading strategies, and overall business experience.
Soros studied at the London School of Economics. He was first awarded a bachelor’s, then obtained a master’s, and eventually a Doctor of Philosophy from the University of London.
He started out working for various merchant banks. Soros moved to New York City in 1954, where his trading career took off. Specializing in stocks, he quickly became popular among institutional investors.
In 1969 he founded Double Eagle, his first hedge fund management firm. Only a year later he founded his second, named Soros Fund Management.
Marc Walton is a certified forex trader and founder of Forex Mentor Pro, which offers free forex training courses, live training sessions, forex education, webinars, forex articles, and much-needed trading information on its award-winning blog.
The company provides extra support and resources to members due to challenges caused by the COVID-19pandemic.
On the Forex Mentor Pro Facebook page, Walton discusses and posts daily about topics such as how to trade currencies in current market situations, weekly training sessions, webinar invites to great financial opportunities, copies of analysis, and many more.
Jim Cramer is a public figure and the face of CNBC’s Mad Money with Jim Cramer show, a popular show where he explains several investing and trading facts and thoughts on economics, trading styles, and when to buy or sell stocks.
Cramer is co-founder of TheStreet.com, which breaks down information barriers and helps both individual investors, as well as organizations, succeed by providing financial news, data, and analyses.
Cramer started working as a reporter after he graduated with a Bachelor of Arts in government from Harvard in 1977. Soon after he started investing and started a hedge fund, Cramer & Co. In 2005 the first episode of the show Mad Money with Jim Cramer aired.
John A. Bollinger is an American author, technical analyst, financial analyst, author, and developer of Bollinger Bands. In 2001 his book Bollinger on Bollinger Bands was published and has been translated into almost a dozen languages.
Bollinger is also the writer of the Capital Growth Letter, a newsletter that was published in 1987 which provides a comprehensive technical analysis of the financial markets.
Bollinger Bands, which he created in the 1980s, is a technical trading tool used in financial markets, such as forex, to determine whether prices are high or low and can be applied to different time frames such as hourly, daily, weekly, etc.
BollingerBands.us provides trading ideas, updated signals, interactive charts, numerous technical indicators, sector analysis, and support videos, just to name a few.
Follow Walter Peters and his team of professionals on the Facebook page, @nkdforextrading.
Naked Forex Trading was founded by Walter Peters in 2010 as an educational company that helps traders trade without indicators. Peters has many years of experience in the forex market and publishes digital forex training programs that all traders can benefit from.
Peters is also the author of Naked Forex: High-Probability Techniques for Trading Without Indicators. This popular book gives readers insights on “naked trading”, which means trading old school as in the days without computers, without technical indicators.
Peters is a graduate minor in Statistics and holds a Ph.D. in Experimental Psychology. He has been featured in Yahoo! Finance, The Wall Street Journal, FXStreet, and TradingMarkets.com.
Saettele is a technical strategist for DailyFX. He has a Bachelor of Science in accounting and business administration from Bucknell University and is co-founder of SB Trade Desk, a company that offers analysis and services on forex, commodities, and equity indices.
In 2008 Saettele launched his book, Sentiment in the Forex Market: Indicators and Strategies To Profit from Crowd Behavior and Market Extremes.
Saettele is frequently featured in reputable magazines such as Futures Magazine, SFO Magazine, and Technical Analysis of Stocks and Commodities Magazine, where he talks about strategies, technical indicators, strategies, and interesting facts about trading.
Ref Wayne – TheReal
Ref Wayne is one of Africa’s youngest self-made billionaires, author of The Art of Trading, a book explaining technical forex trading strategies, as well as the founder of the Ref Wayne Foundation, which helps children in need.
At the age of only 19, Wayne started trading the financial markets and made his first fortune. Wayne is also an AMG robot developer and founder of Pipcoin, Africa’s first cryptocurrency.
African Forex Institute, also founded by Wayne, is an award-winning forex trader and educator.
Alexander Elder, M.D., is a professional stock trader, living in New York. He focuses his time on educating and is the founder of SpikeTrade.com.
Elder published his first book in 1993, Trading for a Living: Psychology, Trading Tactics, Money Management. It quickly became an international bestseller and is still considered a classic among traders.
It has been translated into several languages and used in trading education. Come into My Trading Room: A Complete Guide to Trading was named Book of the Year in 2002 by Barron.
Other books by Alexander Elder is Benefit from Price Declines, as well as Entries & Exits: Visits to Sixteen Trading Rooms, The New Sell & Sell Short: How to Take Profits, Cut Losses and Rubles to Dollars — a book about the transformation of Russia.
Samuel Leach is an account manager in a Bitcoin mining investment company and is has comprehensive knowledge about forex, cryptocurrencies, binary options, and overall trading experience.
Yahoo! Finance voted Leach as one of the best traders to follow for the year 2022.
Leach founded Samuel & Co. Trading in 2012, which offers members great advantages such as online trading courses and weekly trading lessons.
Leach is the author of The Formula for Success: How to Win at Life Using Your Own Personal Algorithm, a popular self-help trading book. This 24-year-old trader also has a very popular YouTube channel with more than 132 thousand subscribers.
The hedge fund manager, Larry Hite is the author of the book, The Rule: How I Beat the Odds in the Markets and Life – and How You Can Too. It was a bestseller on Porchlight Books, LA Times, Wall Street Journal.
In the early 1960s, Hite became a stockbroker and almost 20 years later he founded Mint Investments, which later became one of the world’s largest commodity trading advisor companies.
Hite’s trading and risk managing philosophy quickly gained popularity and in 1990 it had an entire chapter dedicated to it in the book Market Wizards, by Jack Schwager.
Mint expanded its portfolio by adding systematic trading of equity markets and later founded another company, Hite Capital Management.
SB Trade Desk LLC
SB Trade Desk LLC is a trade setup and analysis firm for traders of all styles. It offers trading and analysis services with market commentary on forex, equity indices, and commodities.
Members gain access to live webinars, daily trade setups, and exclusive intra-day squawk updates on the company’s unique approach to the popular forex markets that traders follow. It also offers great discount deals.
SB Trade Desk LLC offers valuable free insights, such as U.S. Dollar sentiment checks, navigating volatile markets, weekly volume reversals in NASDAQ and DOW, best volume tools to trade spot forex, and strategy webinars.
Liz Ann Sonders
Liz Ann Sonders is a chief investment strategist at Charles Schwab & Co., Inc.
She studied at Fordham University Gabelli School of Business and today, specializes in investment strategies such as United States market and economic analysis, as well as asset allocation recommendations for investors.
Sonders has been named one of Barron’s Magazine’s 100 Most Influential Women in Finance. SmartMoney listed her as one of the most influential people on Wall Street’s Power 30 and she was named 50 Top Women in Wealth by Wealth Manager/AdvisorOne.
She was also one of the 25 Most Powerful Women in Finance by American Banker/US Banker and Investment Advisor’s 25 most important people in and around the financial advisory profession.
Sonders has been featured in Bloomberg, The New York Times, CNBC, Fox Business News, and several other reputable publications.
Stanley F. Druckenmiller Investments
Hedge fund manager and philanthropist, Stanley Freeman Druckenmiller, has been named by Forbes as one of the richest people in America and has extensive experience in trading and investing in fore markets.
He graduated in 1975 from Bowdoin College and became a stock analyst and then head of the equity research group at Pittsburgh National Bank. He founded his first company in 1981, Duquesne Capital Management, which was a consultant firm for hedge fund managers.
Druckenmiller managed money for George Soros as the lead portfolio manager for Quantum Fund, previously known as Double Eagle, from 1988 to 2000.
Raghee Horner is the managing director of Futures Trading and specializes in futures, spot currencies, equities, and options.
Her popular YouTube channel shares numerous tips on how to become a successful trader, such as how to keep trades simple, volatility and price levels, how to trade multiple timeframes, different setups that show how to trade intraday reversals, etc.
Her indicators and strategies are popular among traders of all experience levels and ensure objective trades and sound judgment.
Horner has extensive knowledge on how to trade financial markets thanks to many years of experience and research.
Lydia Idem Finkley
Lydia Idem Finkley has 24 years of experience in equity investments and more than 14 years of experience in currency trading. She specializes in GBP (British Pound Sterling) currency pairs. Idem was named one of the top women in finance to follow on Twitter.
Idem’s strategy has gained her recognition from CNNMoney and FORBES Magazine, as well as Forex Analytix’s F.A.C.E., Yahoo! Finance, Benzinga’s #PreMarket Prep Show, and TD Ameritrade Network.
In 2014 Idem is co-author of the book The StockTwits Edge and Trading: The Best of The Best and founder of FM Capital Group, published in 2014.
Kiana Danial studied Electrical Engineering and obtained two degrees in Electrical Engineering and researched Quantum Physics. She is a weekly guest on Tokyo’s #1 Investment TV Show.
Her rich portfolio includes executive coach, investor, forex trader, wealth management expert, public speaker, and author of Invest Diva’s Guide to Making Money in Forex.
Danial received numerous awards during these past years such as the New York Business Women of Influence Honorée in 2015, Best Financial Education Provider at Shanghai Forex Expo in 2014, and Pro Bono Humanitarian Award by IA Bar Association in 2013.
She has been featured in several reputable publications such as The Street, Forbes, CNN, and The Wall Street Journal.
Assad Tannous is the founder of Asenna Wealth Solutions in Melbourne, Australia. Assena Wealth Solutions specializes in trading and corporate advisory. It offers corporate consulting, medium-term position trading, technical analysis, and many more.
Tannous’ posts on Facebook include market updates from Assena on various market instruments.
The company’s goal is to teach the principles of trading to anyone willing to listen. Asenna Wealth Solutions is a Corporate Authorised Representative and follows agreements with CMC Markets, a reputable broker.
Tom Dante, better known as Trader Dante, has been training traders since 2007 and has extensive knowledge in forex markets. He focuses on providing professional mentoring for serious traders.
Dante’s website, trader-dante.com, offers a great selection of webinars, trading courses, educational material to ensure traders understand how the forex market works and give them the best possible chance for success.
His Facebook page is covered in interesting trader topics, such as how often forex gaps close in one day, how a day in the life of a trader looks, recent interviews, and answers about his owns personal setup at home.
Ed Matts is a known forex trader and has been featured in Bloomberg and other financial publications. He studied at Christ Church, Oxford, and was one of the earliest technical traders in London.
Matts is well versed in current market situations, market volatility, analysis, and forecasts.
Matts is the founder of Matrixtrade.com., a FITS (Fundamental Intermarket Technical & Sentiment) trading service provider and offers a macro trading service based on analysis, education, and trade signals for forex markets.
Kim Krompass is an experienced forex trader, Certified Public Accountant (CPA), has an Undergraduate’s Degree in Economics and a Master’s Degree in Business and founded the Price Action Traders Institute (PATI) in 2012.
The Price Action Traders Institute’s goal is to show traders how applying a few simple price action strategies consistently, can improve a trader’s confidence and maximize trading profitability.
Krompass started trading the stock market in 2005. She gained experience in why forex trading is better than other markets, the recommended risk percentage for traders, what risk strategies should be avoided, and reasons why traders get confused by their trades.
Ashraf Laidi is an independent strategist and forex trader. He is also the founder of Intermarket Strategy Ltd, a provider of trading insights and analysis on capital markets.
He is the former chief global strategist at City Index / FX Solutions, where he gained valuable information on financial markets and global macro developments about central bank policies, Intermarket dynamics, and sovereign debt.
Laidi is the author of Currency Trading & Intermarket Analysis which helps traders understand the forex market to profit from market movements. It was ranked #1 in Amazon’s Foreign Exchange and Finance sub-categories.
He also leads seminars and training in more than four continents. His insights on currencies and commodities won him several #1 rankings with FXWeek and Reuters.
Laidi regularly posts on Facebook about the latest developments in financial markets, currency markets, and risk management.
Blake E Morrow
Blake Morrow is co-founder @forexanalytix and is the Chief Currency Strategist for Wizetrade, a software development company known for offering its software services for trading forex, stocks, and commodities.
It offers great specials and a complete market analysis platform and a professional team of forex traders standing by to ensure a positive trading experience.
Morrow is also an analyst on Wizetrade TV and Traders Television. Morrow’s webinar, The Morning Edge, reaches thousands of interested traders. He is a seasoned trader of nearly 20 years and specializes in forex and equities.
Hither Mann is the founder of Fortune Academy. It offers Millionaire Mindset workshops and online training courses. Mann’s forex course was voted #1 in the world by Yahoo! Finance.
Mann is a self-made millionaire at only 25 years of age. She started trading the financial markets in 2008 and was impressed by how large profits can be made with little funds and the correct training.
Fortune Academy is one of the first financial trading companies in the world that allows students to repeat the training at no extra cost and get advanced level training.
Hither Mann founded Fortune Academy in 2004 with the focus to provide decent, free education to traders across the globe.
Shaun Fx Benjamin
Shaun Benjamin is another promising young entrepreneur and self-made millionaire that started to trade the financial markets at a young age.
Benjamin started trading forex after he realized he wouldn’t be able to attend the University he was accepted to due to financial issues. He quickly got the hang of it and became a successful forex trader rather quickly.
Later, with funds made from trading, he founded the Benjamin Forex Academy, a non-profit training center that focuses on unemployment in young adults and helping them to gain financial freedom.
Benjamin is the director of Benjamin Investment Group (Pty) Ltd, which offers investment tools and mortgages.
How can I trade successfully by following other traders on Facebook?
There are several key factors to keep in mind when wanting to become a successful trader.
By following some of the above-mentioned traders, you’ll have access to vital information such as educational material, someone on standby to assist, insights, comprehensive market advice, and much-needed tips.
How can I make a fortune very fast when trading forex?
Unfortunately, it can take years before making money with forex trading. Most people trading the forex markets lose their money as it carries high levels of risk.
Is it safe to follow traders on Facebook?
Unfortunately, numerous scammers claim to be successful forex traders on Facebook. Unsuspected victims pay money with their hopes of making large profits with forex trading, paying for a service they will never receive.
It is important to keep an open mind and be vigilant when following traders on Facebook, especially ones that flash a luxurious lifestyle and make promises of fortune if you pay them.
One can also potentially avoid scammers by ignoring messages from strangers claiming to want to help you become a successful forex trader. Send the message on to Action Fraud.