Forex has been one of the fastest-growing financial markets in the world. Never before has a financial market been so accessible to people all around the world. People all over the world are trading Forex in a bid to make their millions. If you scroll down Instagram you will find adverts for trading packages that sell a dream of making people rich. However, understanding how to trade Forex isn’t going to be something that comes naturally. It’s so easy to lose money from one trade gone wrong, such as it is with most trading options. But do you think that you could be the next to master the trade?
Forex trading is self-taught by many of the people who are doing it on a smaller scale. However, this smaller scale is still making people millions a year. It’s just when compared to the banks and the Forex brokers who run their own company, the money made is small. The trends around the world are showing that the Forex market trading platforms are still in their early stages, even though the advancements have been incredible.
These advancements in technology mean that the Forex market is readily available to all of those who want to give it a go. There are even platforms that allow traders to trade offline but in a real-time market. So no real money is being used and strategies can be tested.
To better understand how much the Forex market has cheapest credit spread globally, this infographic shows where Forex trading has spread to around the globe.
Infographic Source financial traders globally