Our partner, XM, lets you access a free demo account to apply your knowledge.
No hidden costs, no tricks.
There are hundreds of different ways one could analyze the Forex trading market. Whether it is technical analysis or fundamental analysis, traders have to dedicate a lot of time and effort in order to understand the ins and outs of the FX market.
A newer generation has found a different way of staying up to date with the goings on of the market, namely social media. The past ten or so years have brought a huge development and increasing popularity to social media, as it gathers and connects people of all different interests and backgrounds.
For many, social media is the number one source of information. To no surprise, it can also be quite useful for Forex traders. There are many successful traders who made it big on the FX market and now share their experience and expertise with hundreds of thousands of people, through social media.
In this guide, we will present you with a list of the top 10 best Forex traders to follow on social media. So, follow our guide and take advantage of these social media accounts to make your trading more effective.
The social media landscape has changed very much over the past few years. With new features and tools being added every day, it is now easier than ever to engage in different topics and discussions more effectively.
Today, the majority of the top Forex traders in the world are using social media platforms such as Twitter and Instagram. Among younger traders, TikTok has managed to become very popular as well.
While Facebook (which is now publicly traded as Meta) has lost some of its competitive advantages in this field and is not as attractive for the younger generations as it used to be, it still remains one of the biggest social media platforms. There are thousands of groups dedicated to Forex trading where people share their strategies and news, while also answering questions asked by other community members.
However, a huge majority of Forex traders are using Twitter as it is a great way to share information in short and precise posts and connect with other traders in the market. You can simply follow your favorite traders and see what they are up to. Also, most of the best NFT traders are present on Twitter as well.
Another very popular platform for traders is Reddit. While highly-skilled traders rarely use this platform, market enthusiasts still frequently gather on Reddit to discuss ongoing events in the market and share ideas about Forex trading.
Social media has forever changed the way we live our lives, and in some ways made Forex trading more accessible to a wider audience. Social media platforms have made it a lot easier for traders to understand price movements and help others grow as traders.
While there are many professional and successful Forex traders in the world, not all of them are willing to share their knowledge with others.
After doing extensive research about this, we managed to find the best Forex traders that are using social media channels very actively to provide beginners with detailed information about Forex trading. Below, we will go through the best social media channels you can follow to learn more about the Forex trading market.
George Soros is frequently regarded as the best and most successful Forex trader of all time. Famously known as “the man who broke the Bank of England”, George Soros gained international exposure when he risked $10 billion on a single currency trade and shorted the British pound.
This happened back in 1992, and in a single day, Soros managed to generate profits of as much as $1 billion. Soros is one of the best-known traders in the market, having investments in numerous markets. He created Soros Fund Management back in 1973, which later transformed into the very well-known Quantum Fund.
“It’s not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong.”
– George Soros
Soros has long been a supporter of the development of the Forex trading market, personally coaching many world-class Forex traders. George Soros is a very active user of social media channels, specifically Twitter, where he frequently shares important developments and news happening around the world.
An active supporter of taking steps against climate change, Soros is known for calling on traders and investors to make thoughtful decisions about their investments. You can follow Georgia Soros on Twitter @georgesoros and keep an eye on the frequent updates that he makes. Soros has over 362,000 followers on Twitter. Soros is also a very active user of Instagram, where he mostly posts about the activities of his funds.
John Bollinger is known as one of the most influential people in the Forex trading market. This American author and financial analyst is very frequently mentioned alongside the biggest names of Forex. He is responsible for the development of technical analysis tools that are widely used in FX trading.
Known for creating one of the best technical indicators in the market, Bollinger Bands, John Bollinger has influenced massive changes in the Forex trading market. He is also known for creating a book called Bollinger on Bollinger Bands, which was released in 2001 and has been translated into eleven different languages.
“Independence and independent thinking are the keys. It is very comfortable to go with the crowd and do as others are doing—or as they tell you to do. Yet this is a road fraught with peril.” - John Bollinger
Since the late ‘80s, he has been publishing Capital Growth Letter, which is a news teller providing traders with important and informative technical analysis data about the Forex trading market.
You can follow him on Twitter @bbands, where he has over 200,000 followers. Bollinger very frequently posts about the technical side of Forex trading and how charts can be used to determine future price movements in the market. Some of the best Forex traders in the world follow Bollinger on Twitter to stay connected with the ongoing events in the market.
He has played a huge role in the development of technical analysis and is one of the best people you can follow online to understand the price movements in the market.
Samuel Leach is very easily one of the top 5 Forex traders in the world which you can follow on social media, specifically on Instagram. Leach became very successful after he decided to leave one of the largest banks in the UK and started making profits from the financial markets independently.
Quickly after making his first profits in the market, he decided to create Samuel and Co Trading. At first, he was working on the company from his bedroom, where he traded volatile assets such as Forex. He was also very actively involved in the stock trading market, specifically, volatile stocks.
He would frequently buy undervalued companies, making profits from short-term price movements. In less than a decade, Leach managed to become one of the most influential people in the market - writing numerous books, providing help and tips to market experts, and growing his company further.
“I wanted more for myself so I really kind of got my head down and you know started to study in the financial markets” - Samuel Leach
For years, Leach has been very actively involved in developing new trading tools and programs that would help traders and investors around the world. In 2015, Leach managed to create his own algorithm called Fusion, which worked by taking advantage of the small price changes in the GBP. Ever since that, he has become one of the biggest names in the Forex trading industry. You can follow Leach on YouTube and Instagram to receive daily updates and guides from him.
A full-time Forex trader, author, and podcast host, Walter Peters has gained a lot of popularity among Forex traders around the world. He is the author of one of the best-known Forex trading books - Naked Forex: High-Probability Techniques for Trading Without Indicators.
Known as one of the top currency traders in the world, Walter Peters has managed to become one of the most influential people in the market over the past few years. While at first Walters was heavily focused on trading systems, he has recently shifted towards the psychology of trading as well as money management techniques.
“There are three things right that'll prop up you trading, a system that fits your beliefs and that is expected to make money, trading risk
rules that will allow you to achieve your goals.., and then the third piece is psychology” - Walter Peters
You can follow him on Instagram @nakedforexnow, where he is very active and posts updates about the market as well as provides traders with different types of quotes to increase their confidence.
Over the years, he managed to be featured in magazines such as the Wall Street Journal, Yahoo! Finance, and many others. He has his own website, where he focuses on a smaller community of traders, Naked Forex Now. This is a private online trading community, where people can exchange ideas and learn more about the Forex trading market.
If you want to become the world's best Forex trader, you should definitely check out Peters’ social media channels where he very actively posts updates about market events.
A famous Forex trader and technical strategist at DailyFX, Michael Boutros is one of the best people you can follow on Twitter. With almost 20 years of experience in the Forex trading market, he has become one of the most influential people in Forex trading. Boutros is also very actively involved in commodities and indices trading.
He has over 15 years of professional working experience in FX trade and has worked for numerous brokers as well as market news websites, including those like Forex.com among many others.
He is a frequent guest at trader expos and conferences around the world. When talking about who is the best Forex trader in the world, many name Michael Boutros because of his extensive experience in the market and great understanding of the technical indicators side of the Forex trading market.
You can follow him on Twitter @MBforex, where he stays very active and provides traders with detailed information about the technical indicators and future predictions for the price movements in Forex trading. He also often holds different types of webinars to help traders understand different types of concepts about the Forex trading market.
Lewis Peter Brandt, who is the CEO of Factor LLC, a global trading firm founded in 1980, is a famous trader. The firm that he established is focused on numerous markets, including Forex and futures.
He entered the commodity trading business in 1976, giving him a lot of experience and understanding of the markets. He has written numerous books about Forex as well as other financial trading markets and always makes sure to stay active on social media to provide individuals with accurate and timely information about the price movements in the markets.
Peter has been an active trader for many decades, working for large corporations and their accounts. After creating his company, Factor Trading, he produced numerous market research reports and managed the trading activities of larger corporations.
“Make a mistake, analyze the mistake, understand the mistake, then get over it and focus on the next trade in the ongoing series of trades.” - Peter L. Brandt
One of the most well-known books that Peter has published is called Trading Commodity Futures with Classical Chart Patterns, a book that is considered a classic by most successful Forex traders.
Brandt is a very active user of social media platforms, keeping in touch with other traders and providing them with numerous market updates. On Twitter, @PeterLBrandt has over 600,000 followers. He is very active in terms of providing people with analytical articles, as well as posts about the price movements in different financial markets.
Steven Hart is one of the youngest and best Forex traders in the world with a strong social media presence. CEO of the Trading Channel, Hart has become one of the leading and most influential traders in the market, providing his peers with detailed information about Forex trading.
He has a YouTube channel, and also uses Instagram, where he posts different types of educational videos as well as high-quality guides and useful tips about the Forex trading market. Hart supports younger people to ensure that they are financially stable and can depend on their own income.
He has managed to put a lot of energy and expertise into the development of his firm and works very actively towards helping others grow their money with trading and investing. Hart is easily one of the best-known Forex trading influencers in the world, with over 1.4 million subscribers on his YouTube channel.
He posts lengthy videos on The Trading Channel on YouTube several times a month, providing beginners with the opportunity to learn more about the Forex trading market. Because of his deep understanding of the market, many view Hart as one of the most important Forex traders in the world
Larry D. Hite is one of the most influential hedge fund managers in the market and is regarded as one of the forefathers of system trading. Being the author of a few best-selling books about financial markets, Larry Hite is regarded as one of the best people to learn from.
Even at the age of 81, Hite remains very active, providing help and assistance to people around the world. He has an active Twitter account, @LarryDHite, but does not post frequently there. You can check out his official website, LawrenceHite.com, to see more of his views and understand how he trades. If you want to become one of the best currency traders, you should check out Hite’s views of the market.
One of the most recent books published by Larry Hite is The Rule: How I Beat the Odds in the Markets and in Life – and How You Can Too, which was released in 2019. The book showcases the empowering story of Hite and describes how he managed to rise to the top of the hedge fund industry with all the challenges he had to face. He is very frequently regarded as a legendary trader and a true pioneer of the hedge fund industry.
"Frankly, I don't see markets; I see risks, rewards, and money." - Larry Hite
In fact, because of the amazing risk management philosophy that Hite has, he has been given an entire chapter in the book Market Wizards by Jack Schwager.
Jamie Saettele is another trader worth checking out. With a Bachelor of Science in Business Administration & Accountancy from Bucknell University, he is a respectable trader who has published a few books, the most notable of which is Forex Market: Indicators and Strategies to Profit from Crowd Behavior and Market Extremes.
“the trend has been established before the news is published, and in all bull markets bear items are ignored and bull news items exaggerated; and vice versa.” - Jamie Saettele
Saettele has a good history of market analysis and trading. He is also a co-founder of SB-Trade Desk, which has a subscription-based system where they share analysis and provide different trading services for those who are subscribed. But those who are unable or don't wish to pay the subscription can visit Saettele's Twitter account @JamieSaettele where they can get different market updates and suggestions from Saettele.
Liz Ann Sonders is Managing Director and Chief Investment Strategist of Charles Schwab & Co. Inc and is known as one of the best people to follow for becoming a great Forex trader. She has a lot of experience in the financial markets and remains very active when it comes to helping beginners get started.
"Year is far from over, but YTD, S&P 500 Energy Index is underperforming S&P 500 by 15%, which is familiar territory if looking at handful of years that preceded pandemic" - Liz Ann Sonders
She has worked in numerous positions, being responsible for a range of investment responsibilities, including economic analysis and investor education. Liz is very active on her Twitter page, @LizAnnSonders, where she has over 221,000 followers. She very actively posts financial updates, helping traders and investors keep in touch with the financial markets.
One of the best traders you can follow is John Bollinger, who has years of experience in the market. Known as one of the top 20 Forex traders in the world, he is the creator of the Bollinger Bands technical indicator, which is frequently used by Forex traders around the world.
Bollinger is a huge fan of technical analysis and works very hard to ensure that retail traders understand the importance of technical analysis. He remains very active on social media, specifically on Twitter, where he regularly posts different types of updates about ongoing events in the market.
Many view George Soros as one of the top 10 Forex traders in the world. He is known for being a very successful Forex trader, with a very long experience in the Forex trading market. Known as the man who broke the Bank of England, Soros is a very famous person in the Forex trading community.
He first became famous when he risked $10 billion on a single currency speculation, shorting the British pound.
Following successful Forex traders on social media can help you keep in touch with the market even when you do not have the time to analyze the market on your own. This is a great opportunity to ensure that you are not missing out on profitable opportunities in the market, as well as to understand complex parts of the Forex trading market in an easier and more comprehensive manner.
There are numerous Forex traders who are posting frequently on their social media channels and by following them, you will be able to grow as a trader.