The foreign exchange market, also known as the forex market, allows traders to profit from currency movements in real time. 5 trillion dollars are traded every day between various traders and financial institutions. Online forex trading has been available to individual traders since the 1990s. The number of online brokers has risen sharply in recent years and choosing a broker has therefore become increasingly complicated. However, strong competition between brokers and dealers has significantly improved trading conditions as well as the services that are available to traders. Currently, it is possible to invest, with just one click, in all of the financial markets with a single trading platform. Thanks to the leverage which forex margin accounts provide, the initial capital required to open an account is not very high.
On this site, you will find: articles to learn about forex trading, real time news, as well as free and personalised advice so that you can more effectively train yourself to become a forex trader. Read our beginner’s guide to forex trading to learn the basics of forex trading. If you have any questions related to forex trading or this website, feel free to let us know by email or on our forex forum. CFD trading comes with a high risk of losing money, it is therefore not for all investors. FX Trader Magazine collaborates with selected forex experts from all over the world, including renowned analysts and economists, authors of bestselling books, influential blog writers, as well as top performing traders and trainers. Alessandro Balsotti has more than twenty years of experience in the FX markets. He has worked as a market maker at some of the leading global banks, including Chemical Bank and JP Morgan, before becoming head of FX trading at Abax Bank and Caboto.
He joined JW Partners in 2009 and in 2013 moved to JCI Capital where, as one of the senior partners, he is responsible for the FX Single Manager strategies. Ellen Brown is an attorney, president of the Public Banking Institute, and author of twelve books, including the best-selling Web of Debt. Marc Chandler joined Brown Brothers Harriman in October 2005 as the Global Head of Currency Strategy. Previously he was the Chief Currency Strategist for HSBC Bank USA and Mellon Bank. Chandler’s essays have been published in the Financial Times, Barron’s, Euromoney, Corporate Finance, and Foreign Affairs. He has taught classes on International Political Economy at New York University since the early 1990s. Jarratt Davis is a self-taught trader who has been ranked among the world’s top traders between 2008 and 2013 by the Barclay Currency Trading Index.
Today he trades professionally through an FCA regulated investment company in London and he is a regular commentator for international financial press. He also devotes his time to sharing his personal strategies with traders looking to hone their skills, through his ‘Educational Program’. Phil Elrod has been trading futures for more than 25 years. He was academically trained in Industrial Engineering and Economics. Rande Howell is the founder of Trader’s State of Mind. Rahul Khanna is Tradermade’s Chief FX Strategist with over eight years experience in the FX markets, providing investment banks and other financial institutions with currency research and trade recommendations. He regularly contributes to the financial media outlets.