Babypips Babypips is the best forex site and the most reliable one that offers trading guidelines to the newcomers or the beginners. Basically, this is one of those websites that offer an all encompassing forex education that starts with a forex preschool that makes it resemble the normal schooling system that we follow. After the preschool, where the beginners get to learn about the basic tenets of trading in the forex market it takes the prospective trader to the college level through several steps. It is one of the most users friendly and well featured website that helps the traders to get used to the first steps of trading in the forex market. If you are looking for the best forex site before entering into the currency market, Babypips can be an excellent choice. Forex Factory The forex factory is another of the forex trading forum that includes a host of valuable information that can be utilized by the traders who are trying to put their feet in this vast platform. Forex trading is one of the most comprehensive financial markets and there are lots of risks that are involved in this. Therefore, it will be better always for the beginners to interact with the more experienced traders. In other words, the amateurs can interact with the veterans through this website, For instance, the traders will be able to access all the current and past economic reports with the help of this website and it can prove to be a good learning tool for the new entrants in the market and therefore can be rated as the best forex site. The Bloomberg and Reuters also provide good information about the movements of the global financial market and it can be rated as one of the best forex sites that can help the traders to acquire more information on the macro levels and help them to have a comprehensive knowledge about the foreign currency exchange rates that are current and accurate.