Learn2Trade Review 2022

Is Learn2Trade Safe or a Scam?

Learn2Trade is considered to be a safe and verified service.

Learn2Trade is a popular forex signals service, that is verified and endorsed by a number of well-known and highly regulated forex brokers like Etoro, Alvexo, and Markets.com. The signals provided by the aggregator, are promoted through the regulated platforms of their partners. Also, Learn2trade allows its users to apply the signals to any trading platform that supports the assets included in the signals.

*Risk Warning: As great as forex signals can be, they will never have the capacity to correctly predict the future price of an asset beyond doubt. As such, you should always install sensible stop-losses to ensure you are able to effectively mitigate your risks.

Products and Services

Scrolling to the bottom of their homepage, we were able to discover information about their regulation.

As mentioned above, Learn2Trade is an educational website that distributes forex signals for its premium subscribers. Here is a range of products it offers:

Forex Signals

In its most basic form, a forex signal is a trading tip based on fundamental or technical analysis, primarily, provided by one trader, the source, to other traders that seek opportunities in the markets The suggestion, which will either be provided by an automated signal service or a human analyst, will suggest a time and price that the trade should be made. The overarching concept of forex signals is that they are designed to alert you when a potential trading opportunity arises.

For example, let’s say that the forex signal service is tracking the movement of EURUSD. The underlying software or analyst notices that the pair EURUSD is substantially overbought, meaning that the pair is likely to go through a correction period. The underlying software assesses that an excellent entry point on the trade is 1.21, which it believes is imminent.

As such, the forex signal service would then alert its subscribers. This could either be in the form of an email, SMS, or Telegram message. In some cases, the forex signal provider might proceed to contact their VIP subscribers via telephone.

Nevertheless, any forex signal service that is worth its weight in gold will also offer an exit point. For example, while the entry point has been stated at 1.21, traders need to set up a stop-loss order in the event that the signal provider gets it wrong. Moreover, the provider will likely insert a take-profit order too, which allows subscribers to automatically lock-in gains when a certain price point is met.

Learn2Trade offers its subscribers signals to the following instruments:

• For Forex, they cover the majority of the pairs. The main ones being: 
  AUDUSD, AUDNZD, AUDJPY
  CADJPY & CADCHF
  EURUSD, EURGBP, EURCHF, EURAUD & EURNZD
  GBPUSD, GBPJPY, GBPAUD, GBPCHF, GBPCAD & GBPNZD
  NZDUSD & NZDJPY
  USDCAD, USDCHF & USDJPY
• For Crypto, they cover the majority of the main and popular ones. For example:
  Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Litecoin (LTC), Cardano (ADA), Tron (TRX), and Stellar Lumens (XLM).
  Bitcoin Cash (BCH), NEO (NEO), Polkadot (DOT), Dogecoin (DOGE), Binance Coin (BNB), Chainlink (LINK), EOS (EOS), Ark (ARK), 0x (ZRX), and IOTA (MIOTA).

Forex Trading Course – Become A Professional Forex Trader

The website offers the chance to anyone that wants to learn how to trade, through their free online trading course.

The course has everything you need to learn to become a successful Forex trader and be able to take advantage of the opportunities in the financial markets, in 11 lessons.

By taking the Learn2Trade Forex trading course, you will learn to:

1. Recognize business opportunities
2. Utilize movements of currency rates
3. Forecast future events and their influence on currencies
4. Use all the tools and aids offered by the trading platforms
5. Implement technical and fundamental analysis
6. Start making profits and begin your journey to success!
7. Different trading styles

The Lessons include:

• CHAPTER 1
  Preparation for Learn 2 Trade Trading Course
  The Forex market is a worldwide market of currencies (called instruments). The market measures the value of a currency in terms of another currency’s value (e.g.. $1 = £0.66).
• CHAPTER 2
  First Steps in Learn 2 Trade – Basic Terminology
  It is very important to get to know Learn 2 Trade Terminology in order to trade knowledgeably. The terminology is important to be able to read currency price quotes.
• CHAPTER 3
  Synchronize Time and Place for Forex Trading
  It’s time to learn more about the market. Our step-by-step journey through Forex continues. So before jumping into the deep water, let’s wet our feet first, and get used to the temperature… and focus on the following forex trading terms:
• CHAPTER 4
  Get Equipped for Learn 2 Trade
  Now that you wet your toes, we are ready to start swimming lessons… Let’s jump right in. We will now start giving you the basic tools necessary to be a successful Learn 2 Trade trader.
• CHAPTER 5
  Fundamental Learn 2 Trade Strategies
  Sometimes a fundamental approach is even more important than a technical one. From George Soros to Warren Buffet, some of the world’s most famous traders have admitted that they owe their fortunes to the fundamental analysis they have made over the years.
• CHAPTER 6
  Technical Forex Trading Strategies
  It’s time to get right into the thick of things and start learning about technical analysis, one of the most common forex trading strategies. In Chapter 6 we will discuss some of the most popular forex trading strategies.
• CHAPTER 7
  The Fibonacci Technical Indicator
  In the next two chapters, you will receive a detailed introduction to your technical toolbox. Every professional has his own working tools and so do Forex traders. Our toolbox contains a variety of analytical tools. These tools are helpful for efficient, professional technical analysis (which at the same time, in many cases, support fundamental decisions).
• CHAPTER 8
  More Technical Trading Indicators
  Having met Mr. Fibonacci, it’s time to get to know some other popular technical indicators. The indicators you are about to learn about are formulas and mathematical tools. As prices shift all the time, the indicators help us put prices into patterns and systems.
• CHAPTER 9
  6 Killer Combinations for Trading Strategies
  In Chapter 9 we will show you which trading strategies you can combine to get the best results (two is usually better than one).
• CHAPTER 10
  Risk and Money Management
  In Chapter 10 – Risk and Money Management we will discuss how to maximize your profits while minimizing your risk, using one of the most important tools of forex trading – proper money and risk management. This will help you mitigate your risk and still allow you to make a nice profit.
• CHAPTER 11
  Learn 2 Trade in Relation to Stocks and Commodities and Trading with MetaTrader
  In Chapter 11 –Learn 2 Trade in Relation to Stocks and Commodities and Trading with MetaTrader you will learn about the relationship between stocks, indices, and commodities to the learn 2 trade market. In addition, you will learn how to master the MetaTrader platform.

Visit the Website for more information

Funded Forex Accounts

Learn2Trade offers the opportunity to experienced traders to get access to an already funded account and share the profits without risking their own capital.

They provide everything you need to know about the Learn2Trade forex-funded trading accounts, including how to sign up for an evaluation, general guidelines, and account levels on offer.

What is a forex-funded account?

In a nutshell, forex-funded accounts enable traders to grow their trading accounts, crucially, without risking their own money. The service aims to empower traders and give them the opportunity to create a consistent, full-time income from forex trading.

However, there is a process you need to follow in order to qualify for a funded account, and based on the result of the assessment you are eligible for specific trading capital.

Funded Account Guidelines

Let’s run through the Learn 2 Trade guidelines to clear the mist on the key metrics of a forex-funded account.

• 50-50 Profit Share
• Capital Growth System
• Profit Payment Procedure – This means that any gains you make will be given to you in a way that doesn’t affect the growth of your funded account.
• Evaluation Time Frame – When opening a forex-funded account with Learn2Trade you will have an entire year to pass your evaluation.
•  30 Trading Days Minimum – To clarify, if you open a trade position on a Wednesday, and close it on a Thursday, this will be counted as 1 singular trading day.
•  Minimum Trades: 45
•  Max Risk for each Trade – As a funded trader, you will only be permitted to risk up to 1.5% for each trade. This includes stop-orders, market orders, and pending orders.
•  Lot Size – To give you a clearer idea, let’s say you have 4 open positions of 1 lot. You then break even by shifting your stop loss (of 1 lot). This gives you room for a further 1.5lot worth of risk on future trading endeavors.
•  Currency Pairs – Access to all Currency Pairs

More information on their website

Fees

Forex Signals Fees

Learn2Trade offers two subscription plans, a free and a premium plan, in collaboration with its premium partner Alvexo. The free plan is for people who want to test the service. Free plan subscribers get to enjoy 3 signals per week without a charge.

On the other hand, the Premium plan offers between 3-5 signals, every day, 5 times per week, at a subscription cost as below. If you are looking to take your forex trading endeavors to the next level, this is arguably a drop in the ocean.

Plan Type Price Cost/Month:

• 1 Month: £35
• 3 Months: £65 (£21.66/month)
• 6 Months: £95 (£15.83/month)
• Lifetime Access: £250

More details here

Forex Funded Account Fees

If you qualify for a funded account from Learn2Trade, you need to pay the following fees to be able to use the account for investing. Also, traders share their profits 50%-50% with the website.

• Forex Funded account with a balance of $20K – £350 One time payment
• Forex Funded account with a balance of $40K – £550 One time payment
• Forex Funded account with a balance of $52K  – £700 One time payment

Learn2Trade covers everything you need to know about the funded trading accounts, including how to sign up for an evaluation, general guidelines, and account levels on offer. More details here.

Conclusion

The service is also endorsed by a number of highly regulated brokers within the industry and highly recommended.