The slab edge forming and insulating system includes edge members and support braces. The edge members include an elongated shell having an upright portion with an insulated inside surface, an upper portion and a lower portion. Each of the upper and lower portions have formed edges. Open cross sectioned support braces having upper and lower formed edges for engaging the formed edges of the elongated shell are fixed to a footing and connected to the edge members. The edge members form and insulate the edges of the poured concrete of the slab while the open cross sectioned support braces receive the poured concrete of the slab and thus anchor the edge members to the edge of the slab.