"building A Forex Trading Community: Collaborative Learning For Profit In Australia"

"building A Forex Trading Community: Collaborative Learning For Profit In Australia" - 8 Business Communities and Facebook Groups for Businessmen in Singapore For every industry you're interested in, there's an online community you can join.

This article is in partnership with IG, the world's #1 CFD provider (excluding FX as of June 2020). All opinions expressed in this article are independent opinions based on our own research. No liability is assumed for any financial loss arising from any transaction, and readers are encouraged to exercise due diligence. Our full editorial policy can be found here.

"building A Forex Trading Community: Collaborative Learning For Profit In Australia"

One of the best ways to connect with like-minded people is to join an online community. Whether it's forums or social media platforms including Facebook groups, online communities allow you to easily learn, discuss, support and exchange with people.

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When it comes to online communities, it's important to join a group that shares your interests. Whether it's fitness, cars, financial advice, lifestyle or even starting a business, joining the right group will help you quickly improve your knowledge, broaden your horizons and expand your network.

Financial institutions in Singapore have started to emerge over the past few years. With COVID-19 preventing large group gatherings, many of these communities have grown more rapidly recently. These include the Seed Personal Finance Association and Insurance Discussion SG.

If you're looking to join an online community to discuss cool topics like Forex trading, you'll be happy to know that Singapore has no shortage of such communities.

Here are 8 business associations where you can keep in touch with other business enthusiasts in Singapore.

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Rainer Teo is Singapore's most followed trader and one of the most popular forex traders in Asia. His blog - TradingwithRayner and his YouTube channel (with 675,000 followers) are must-reads for any aspiring forex trader. If that's not enough, if you're a current forex trader, you can definitely add his Facebook Forex Trading Community as a must-join group.

Currently with approximately 38,000 members, TradingwithRayner - Forex Trading Community is the best Facebook group to join if you are a forex or futures trader looking to gather trading knowledge, post a form to critique others, or ask Rayner a question.

Also read: Meet Rainer Teo, a UOL graduate who turned his passion for business to become a top independent entrepreneur in Singapore.

Started by Jay Tun, founder and head coach of Swim Trading, Swim Trading Discussion is a private Facebook group for new, established traders who want to discuss stocks, options, futures and currency trading. Jay-Tune also regularly shares content about his business and business-related events and news affecting the site.

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Also Read: Jay Tun, Founder and Master Trainer of The Swim Business, Discusses the Pros and Cons of the Tattoo Business

Started by Jonathan Tan of Chart Academy, Traders Gathering is an open Facebook group dedicated to discussing trading signals in the financial markets. If you enjoy looking at charts, you'll find like-minded people discussing the analysis of each chart. Jonathan also regularly posts his thoughts on the market, so you can see his thoughts through this group.

Started by Philip Teo of Traderwave, the Traderwave trading community aims to help independent traders share and learn from each other so they can become successful traders themselves. This group shares easy-to-digest business-related images and graphics. If you're looking for something lighter to start with, this might be a good group to join first. Philip is also active in this group, so you can use that to contact him.

Started by Desmond Leong in 2016, Forex Army is a group of Forex traders who gather together the Forex market using a dedicated MetaTrader 4 tool - TFA Sniper.

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For those who join the Forex Army, you'll be part of a team working together in a trading room where everyone trades using the TFA shooter. That way, everyone uses the same strategy, supports, guides, encourages, and most importantly, makes money together.

Unlike joining a Facebook group, joining Forex Army is a bit trickier. There is a TFA hidden program that includes a series of tests that must be passed before joining the "foreign exchange army", with which you can trade with the company through an account with funds.

System Trader GPS founder Colin Sew has also created a Facebook group for graduates of his course. Many individuals in this group have not yet graduated from his course, but still want to be a part of the group to benefit from the ideas being discussed. The main purpose of this group is to help members trade systematically and profitably. As with Colin's course, much of the discussion focuses on entering and exiting trades based on trend trading.

Also Read: How Singaporean businessman Colin Seow turned his $250,000 loan into a lifetime advantage #myfirstloss

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Investment Profile is Singapore's largest social media platform dedicated to investors and traders. As a social platform, InvestingNote allows users to share their latest views and discuss the latest stock movements in the market. Some users use it as a way to write down their thoughts and clarify their doubts with the community.

Since its official launch in 2016, InvestingNote has grown rapidly and today has more than 50,000 users and a total of one million views per month. Every day, thousands of users log on to the platform to monitor and track the stock market.

Like social media platforms like Facebook and Instagram, you can follow your favorite traders to stay updated with business ideas and thoughts. You can also become an investment and business influencer by sharing ideas with others who follow you.

The good thing about investment posts is that your social feeds can be tailored to the people you want to follow. It's an effective way to reach out to your favorite merchants with social media content.

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Also Read: The CEO of Investing Records shares the best tips he's read on his platform #MyFirstTrade

IG Communities are interactive spaces for IG users to discuss business-related topics and exchange knowledge and advice. Better yet, community members are traders who have a live account with IG, meaning you share the same interests (trades) and you'll be trading on the same platform as you.

You can join IG forums to discuss many business related topics with traders from all over the world. For those looking for content, IGTV provides direct access to a back catalog of on-demand market updates. If you're looking to expand your business knowledge, IG Academy has a list of online courses and videos. If you love reading and learning on the go (like us), you can download IG Store from the App Store or Google Play.

You must be an IG member to join the IG community. If you are a Singapore citizen or PR, you can register for an account directly with IG via Myinfo. Also, if you're new to trading, consider signing up for a demo account with IG so you can familiarize yourself with the business before investing.

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Also read: Inside IG: We take a look at their Singapore office - here's what we saw

To celebrate 15 years in Singapore, IG is offering $288 when you open an account between now and 31 December 2020, deposit at least $15,000 and make one trade. New account holders will earn an additional 50% KrisFlyer miles during this period when trading. Full details of the promotion can be found here.

IG provides enforcement services only. The information in this article is for informational and educational purposes only and does not constitute (and shall not be construed as constituting) any form of financial or investment advice or investment recommendation or an offer to invest or trade in any financial instrument. Nor does the information take into account the investment objective, financial situation or particular needs of any individual. In case of doubt, you should consult an independent financial adviser as to the suitability of the investment under a separate arrangement that you consider appropriate.

No liability is accepted by IG for any loss or damage (even due to negligence) arising out of any action or omission to act as a result of information. All forms of investment involve risk. Trading in derivatives, such as CFDs, carries risks and may not be suitable

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