Candleread

Free forex school

A free BabyPips alternative

Candleread is a free trading school with 10 grades, a quick check after every lesson, XP and streaks for learning, and no ads. If you already did part of BabyPips, you do not have to start over.

Coming from BabyPips? Pick up here

A rough match from BabyPips courses to Candleread grades. Take the quick checks to see what you already know.

What is different

The full side by side, checked on October 4, 2026. For more detail, read Candleread vs BabyPips.

  • 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.

Questions people ask

What is a good free alternative to BabyPips?

Candleread is one. Its ten grades, quick checks, calculators and glossary are all free with no account. It is built for the same beginners BabyPips serves.

I finished BabyPips Preschool. Do I start over?

No. Start at the grade that matches what you have not learned yet. If you have not done risk management, go to Grade 4, Risk Camp, first.

Will my BabyPips progress carry over?

No. The two sites are not connected. Candleread saves your XP, streak and badges on your own device as you go.

What does Candleread add?

Every grade free with no account, risk taught in Grade 4, a quick check in every lesson, XP, streaks and badges, Wick cartoons that show each idea, and clubs for crypto, stocks, futures and options.

Practice the math while you learn

Every free calculator shows its formula in plain words and links to the lesson behind it.