Rise in people trading on Forex

» THE number of people in Bristol looking to learn how to trade on the foreign exchange market (Forex) is on the rise, new figures from education specialist Learn to Trade has found.

Trading in Forex has, until fairly recently, been largely reserved for banks and hedge funds but these latest statistics show attitudes towards trading are changing.

Some 54 per cent of individuals in the city are actively looking to trade and speculate on the market, compared to the same period in 2016.

Adam Truelove, global trading director of Learn to Trade, said: “Trading is increasingly growing in popularity, with more and more people looking to understand the forex market, and the opportunities and risks that exist within it.

“Much of this change can be attributed to a growing general awareness of trading and more courses and training now available on how the market works and how to understand it.”

The Forex market is popular with people who want to learn to trade, says Adam, because of the small amount of capital required to start trading in currencies.

He added: “You can trade easily from any location [and] the Forex market is also substantially larger than any other market and more liquid.”

Learn to Trade is hostig a free introduction to Forex course tomorrow, 19 July, at the Novotel Bristol at either 2:30pm or 6.30pm.