Text Edit option for Forum
How to get the text edit option for my forum? Do I need to purchase an addon for this if yes which one?
You don't need any addon for the text editor. It comes with free core plugin. Can you leave a screenshot of your editor?
If you don't see it then you have plugin conflict. In most cases it's conflict with optimizer and cache plugins. Please disable those or just exclude forum page from those, delete all caches and check again.