The short answer
Candleread gives you every grade free, risk before strategy, a quick check after every lesson, XP, streaks and badges, tools that teach the math, and no ads. It works well on a phone and covers forex first with crypto and stocks looped in.
Side by side
| Topic | Candleread | BabyPips |
|---|---|---|
| Course shape | Ten grades, from Market Basics to Graduation, plus Crypto, Stocks, Futures and Options clubs. | Eleven courses in the School of Pipsology, from Preschool to Graduation. |
| What is free | Every grade, every lesson, every quick check, the glossary, the answers and all calculators. An optional AI coach called Pro is coming soon; you will never need it to finish a grade. | The first five courses open for free. Courses 6 to 11, from High School onward, are marked Premium. |
| When risk is taught | Grade 4, Risk Camp, before any strategy grade. | Risk Management is course 10 of 11, in the Premium part of the course. |
| Checking what you learned | A quick check at the end of every lesson, on the same page, with instant right or wrong feedback. | A separate Forex Quizzes section. |
| Progress and rewards | XP, levels, streaks and a badge for each grade. Saved on your device, so no account is needed to start. | Progress markers after you sign in. |
| Ads and partners | No display ads. One disclosed broker partner, shown only in a few set places, demo first, and never inside a lesson. | Ad slots, plus partner promotions on the course page (a prop firm, a journal app and a prediction market) and a broker ad. |
| Calculators | 16 free calculators. Each page shows the formula in plain words, a worked example and the lesson that teaches it. | Free tools including position size, pip value, pivot points, a back to breakeven calculator, a currency converter, a correlation calculator and a currency strength meter. |
| Forums, news and calendar | Candleread is a school, so the focus is lessons, quick checks and tools rather than a forum or news desk. | Active forums, an economic calendar, and news and analysis. |
Course shape
Candleread
Ten grades, from Market Basics to Graduation, plus Crypto, Stocks, Futures and Options clubs.
BabyPips
Eleven courses in the School of Pipsology, from Preschool to Graduation.
What is free
Candleread
Every grade, every lesson, every quick check, the glossary, the answers and all calculators. An optional AI coach called Pro is coming soon; you will never need it to finish a grade.
BabyPips
The first five courses open for free. Courses 6 to 11, from High School onward, are marked Premium.
When risk is taught
Candleread
Grade 4, Risk Camp, before any strategy grade.
BabyPips
Risk Management is course 10 of 11, in the Premium part of the course.
Checking what you learned
Candleread
A quick check at the end of every lesson, on the same page, with instant right or wrong feedback.
BabyPips
A separate Forex Quizzes section.
Progress and rewards
Candleread
XP, levels, streaks and a badge for each grade. Saved on your device, so no account is needed to start.
BabyPips
Progress markers after you sign in.
Ads and partners
Candleread
No display ads. One disclosed broker partner, shown only in a few set places, demo first, and never inside a lesson.
BabyPips
Ad slots, plus partner promotions on the course page (a prop firm, a journal app and a prediction market) and a broker ad.
Calculators
Candleread
16 free calculators. Each page shows the formula in plain words, a worked example and the lesson that teaches it.
BabyPips
Free tools including position size, pip value, pivot points, a back to breakeven calculator, a currency converter, a correlation calculator and a currency strength meter.
Forums, news and calendar
Candleread
Candleread is a school, so the focus is lessons, quick checks and tools rather than a forum or news desk.
BabyPips
Active forums, an economic calendar, and news and analysis.
BabyPips details come from its public School of Pipsology page, checked on October 4, 2026. Sites change, so check it yourself too.
Why learners pick Candleread
Every grade is free
All ten grades, the quick checks and the calculators cost nothing and need no account.
Risk comes first
Grade 4 teaches risk per trade, position size, stops and drawdown before any strategy grade.
Learn by checking
Every lesson ends with a quick check on the same page, and you earn XP, streaks and badges for learning.
Tools that teach
Each calculator shows the formula in plain words and a worked example, then links to the lesson behind it.
No display ads
Lessons have no ad banners and no broker links inside them. The one paid partner is disclosed and demo first.
More than forex
Forex comes first, with crypto and stocks looped in, then optional clubs for crypto, stocks, futures and options.
A teacher you can see
Wick, the candlestick mascot, shows up in cartoons inside every lesson to show the idea, not just tell it.
Built for phones
Modern pages that load fast, read well on a small screen and save your progress on your device.
Questions people ask
Is Candleread a BabyPips alternative?
Yes. Candleread is a free place to learn trading in plain words. Every grade is free, risk comes in Grade 4, every lesson ends with a quick check, and you earn XP, streaks and badges as you learn.
Is BabyPips free?
Partly. On October 4, 2026, its first five courses were open for free, and courses 6 to 11 were marked Premium. Check its site for the current setup.
Is Candleread free?
Yes. Every grade, lesson, quick check, calculator, answer and glossary page is free with no account. An optional AI coach called Pro is coming soon; you will never need it to finish a grade.
Does Candleread have a forum or community?
No. Candleread is a school with lessons, quick checks and calculators. It has no forum, chat or group.
Try the first lesson free
No account needed. Coming from BabyPips? See where to pick up.
Read lesson 1, answer the quick check, then keep going through Grade 1.
- Next clickOpen full lesson 1
- ThenRead the lesson and answer the check
- AfterSave progress and continue to lesson 2