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Forex Academies
Ten places to learn trading in and for Africa, with real prices and our risk check. A higher risk rating means more homework before you pay.
Low Free or transparent, no profit promisesMedium Paid; check results and refund termsHigh Guaranteed-profit claims or signal upsells
| Academy | Based | Courses | Price | Format | Risk | Our notes |
|---|---|---|---|---|---|---|
| Babypips School of Pipsology | Online (global) | Kindergarten to graduation, 100+ self-paced lessons | Free | Online | Low | No signal upsell. The best free starting point. |
| HFM Education Centre | Online (Africa focus) | Webinars, e-courses, videos, beginner to advanced | Free | Online + local seminars | Low | Broker-run; content leads to HFM accounts. |
| AvaAcademy (AvaTrade) | Online | Courses with quizzes on FX, psychology, risk | Free | Online | Low | Broker-run education. |
| Exness Education | Online | Platform tutorials, webinars, market analysis | Free | Online | Low | Broker-run; leans towards Exness products. |
| FirepipsFX Academy | Lagos, Asaba & Kano, Nigeria | Beginner → advanced curriculum, live classes, mentorship | $75/month · $599/year (online) | Online + physical (Lekki, Ikeja, Asaba, Kano) | Medium | Founded by trader Jeffrey Benson. Refunds only within 5 working days of subscribing. |
| CTFX School of Trading | South Africa | Free intro; 20-lesson course with monthly group coaching; 1-on-1 coaching | Free · R8,999 group · R12,999 private | Online + coaching | Medium | Private tier bundles a 'copy my trades' signal month — a signal upsell. |
| Forex Academy (SA) | South Africa | 10-week interactive programme | R20,000 | Online + in person | Medium | Big ticket — ask for curriculum and refund terms in writing. |
| Wealth Forex Academy | South Africa | In-person training with mentorship | R6,400 – R48,000 | In person | Medium | Wide price range; compare what each tier includes. |
| HabbyFX Academy | Nigeria | Forex & price-action mentorship (founded 2021) | Not published | Online | Medium | Founder's 'first million by 20' claim is unverified. |
| Forexversity (MS Africa Academy) | Lagos, Nigeria | Classroom forex training | Not published | In person | Medium | Ask for price and curriculum before paying. |
Our academy risk check
- Does it promise fixed returns or "guaranteed" profits?
- Can the mentors show a third-party verified track record (Myfxbook, FX Blue)?
- Is there a written curriculum and refund policy before you pay?
- Does it push you to one broker or a paid signal group?
- Is anyone giving personal financial advice without an FSCA, CMA or SEC licence?
Prices from each academy's website or independent reviews, October 2026. Academies change prices often; confirm before paying.