Forex trading Discord groups can offer active communities of like-minded traders, free signals, and other relevant content. Forex trading Discord channels continue to grow in popularity, and Daily Forex conducts in-depth and impartial reviews based on what traders require. We ignore market gimmicks and spot scammers, fraudsters, marketers, and impostors to offer you the hottest trends and most interesting Discord groups in the Forex space.
Read my conclusion after researching dozens of Forex trading Discord channels. All those listed below offer free access and active communities.
What Are Discord Servers?
Discord is an instant messaging app and a VOIP social platform that allows users to create servers, a collection of invitation-based channels, for free. Discord is organized based on voice and chat channels.
Discord servers are popular in the gaming community, and Forex traders have started to rely on them as they support live streaming and an interactive community. Interested members can join free channels via an invite link, and Discord also supports subscription-based access if admins wish to implement it. Discord servers are highly popular among social traders, and retail prop traders also rely on them.
How Do I Join a Discord Server?
Joining a Discord server is simple and takes only a few seconds. Follow my step-by-step guide, and you will be interacting with like-minded traders as soon as you have completed the last step.
My step-by-step guide to joining a Discord server:
- Click on the invite link to a Discord server or browse Discord for Forex communities
- Click “Join Server”
- Choose a Display name and click “Continue”
- Pass the “Verify that you are human” challenge
- Create an account, log in by scanning the QR code, or sign in with your existing credentials
- You have now gained access to a Discord server
Please note:
- Discord servers with subscription-based services will ask you to pay the fee before proceeding
Top 10 Discord Servers for Forex Traders
After my in-depth Forex trading Discord groups analysis, I confidently rank the below ten Discord servers among the best, as they cater well to beginners, have an active community, and during my review, had dozens of online traders at any given time. All the Forex trading Discord groups are free, but some have paid-for upgrades. Overall, I recommend traders steer clear of subscription-based Discord servers, as many free channels offer equal value.
The Best Forex Trading Discord Groups
- Code & Candles
- MCR Trading
- ChartPrime
- Elite Signals
- Trademaster
- Trader Beast
- NVSTly
- Dodgy’s Dungeon
- Forex Nova
- Nexus Grid
1. Code & Candles
- Community Size: 2,514
- Online During My Review: 208
- Rating: 5.0 out of 5.0 from 8 reviews
- Cost: Free
Code & Candles belongs to the Forex trading Discord groups that offer members free access. This group focuses on algo bots and Pine Script trading solutions. It includes free TradingView indicators, free trading signals, free live streams, and free giveaways.
2. MCR Trading
- Community Size: 23,882
- Online During My Review: 1,201
- Rating: 4.5 out of 5.0 from 12 reviews
- Cost: Free
MCR Trading delivers one of the Forex trading Discord groups focused on retail prop firm trading, and also covers algorithmic traders. Traders receive signals for Forex, cryptocurrencies, stocks, and futures. It is also a rare community that covers NFTs.
3. ChartPrime
- Community Size: 29,209
- Online During My Review: 3,208
- Rating: Unrated
- Cost: Free
ChartPrime is one of the Forex trading Discord groups that offers free technical indicators. The active community is a hub for algorithmic traders focused on Forex, cryptocurrencies, stocks, and other major assets. Traders receive new technical indicators weekly as ChartPrime adjusts strategies to adapt to markets.
4. Elite Signals
- Community Size: 57,818
- Online During My Review: 1,634
- Rating: Unrated
- Cost: Free
Elite Signals ranks among the most active Forex trading Discord groups. Besides 30+ analysts covering Forex, cryptocurrencies, gold, and options, traders get the EliteAlgo indicator that integrates with TradingView. It primarily focuses on day traders, and Elite Signals is an excellent server to connect with like-minded traders.
5. Trademaster
- Community Size: 9,696
- Online During My Review: 920
- Rating: 5.0 out of 5.0 from 57 reviews
- Cost: Free
Trademaster is also among the Forex trading Discord groups that offer members free access. While Forex is its primary focus, analysts at Trademaster also cover oil, gold, indices, and stocks, allowing traders to achieve cross-asset diversification.
6. Trader Beast
- Community Size: 14,637
- Online During My Review: 554
- Rating: 5.0 out of 5.0 from 6 reviews
- Cost: Free
Trader Beast is among the more active Forex trading Discord groups covering Forex, cryptocurrencies, indices, and synthetics. Members receive 24/7 support, helpful bots, newsrooms, and friendly staff.
7. NVSTly
- Community Size: 52,420
- Online During My Review: 2,642
- Rating: 5.0 out of 5.0 from 61 reviews
- Cost: Free
NVSTly belongs to an elite group of award-winning Forex trading Discord groups, and it remains free to all members. It provides daily trade alerts for Forex, stocks, options, futures, and cryptocurrencies. It also offers AI trading bots, free educational courses, and paid-for 1-on-1 mentoring.
8. Dodgy’s Dungeon
- Community Size: 36,518
- Online During My Review: 5,704
- Rating: Unrated
- Cost: 7-day free trial
Dodgy’s Dungeon is among the Forex trading Discord groups operated by just one trader. Ryan runs the channel and uses his iFVG indicator to trade. Dodgy’s Dungeon is one of the most active communities, and Ryan also hosts a popular YouTube channel.
9. Forex Nova
- Community Size: 1,518
- Online During My Review: 74
- Rating: 5.0 out of 5.0 from 5 reviews
- Cost: Free with VIP upgrade after 7-day free trial
While Forex Nova belongs to the smaller Forex trading Discord groups, it is a more active community. Free members receive five to six daily trading signals, and Forex Nova also offers educational content for beginners. VIP members get 24/7 access to analysts.
10. Nexus Grid
- Community Size: 1,124
- Online During My Review: 55
- Rating: 5.0 out of 5.0 from 2 reviews
- Cost: Free
Nexus Grid is one of the Forex trading Discord groups that focuses on MetaTrader 4 EAs. This free channel provides free signals generated by Nexus Grid EAs for Forex, cryptocurrencies, indices, and stocks. Beginners also receive free education, including step-by-step guides.
Discord Forex Trading Servers – Pros & Cons
Before joining the most active Forex trading Discord groups, traders should consider the pros and cons.
The Pros of Forex Trading Discord Groups
- Active communities with like-minded people
- A pool of fresh trading ideas and different market perspectives
- Many niche servers for specific strategies, including algorithmic traders, day traders, retail prop traders, and social traders
- Many of the best Forex trading Discord groups are free
The Cons of Forex Trading Discord Groups
- The quality of signals and advice varies greatly
- Scammers and marketers may use Forex trading Discord groups
- Some Forex trading Discord groups have paywalls or monthly subscriptions for access to low-quality content
- Many traders become over-reliant on free technical trading signals or indicators
- Trading strategies and risk management often do not align with subscribers
- Some traders may overtrade or take positions they would never add to their portfolio based on trending trades in the community
