Online Trading Academy has its roots in the largest trading floor in the Western US, founded in 1997 by Eyal Shahar. Independent traders needed training to be successful in their investments, and soon a teaching model was born. By 2001 trading had transitioned to the web and we became 100% devoted to education. From a single location in Irvine, CA, today we’ve grown to 40 worldwide campuses and a worldwide online presence, and over 250,000 people have experienced OTA classes and benefited from our mission: Enriching lives worldwide through exceptional financial education.
Ready to learn Forex? The pros at Online Trading Academy are here to help! The foreign exchange market (also known as forex or FX) is one of the most exciting, fast-paced markets in the financial world. Though historically, forex has been the domain of large institutions, central banks, and high wealth individuals, the growth of the Internet has allowed the average individual to become involved with and profit from online currency trading.
What you will learn with our Forex trading classes:
How to analyze the global market and choose the right currency pairs for your trading objectives.
Learn to track and capitalize on market moves even if you don’t have access to complete research on underlying market conditions.
Understand the difference between Forex and equities trading and how to use both in harmony.
Online Trading Academy offers Forex Trading online and classroom workshops, as well as weeklong courses to traders of all levels. Learn Forex trading using the latest tools and software, and make predictions based on careful training from the pros.
Online Share Trading
Learning Forex: About the Forex Trading Market
The foreign exchange market is the virtual location where global currencies are traded. Though the total volume ebbs and flows, the Bank for International Settlements reported that the forex market trades in excess of $4.9 trillion U.S. per day. This makes it the largest electronic market, essentially dwarfing the stock market.
What is Currency Trading?
Trading currencies is the act of making predictions based on minuscule variations in the global economy and buying and selling accordingly. The exchange rate between two currencies is the rate at which one currency will be exchanged for another. Forex traders use available data to analyze currencies and countries like you would companies, thereby using economic forecasts to gain an idea of the currency’s true value.
Online Share Trading
The Benefits of Forex Trading
Unlike stocks, forex trades have low, if any, commissions and fees. Even so, new forex traders are always advised to take a conservative approach and use orders, like stop-loss, to minimize losses. High leverage, which should be prudently applied, gives traders the opportunity to achieve dramatic results with far less capital than necessary for other markets. Forex trading requires training and strategy, but can be a profitable field for individuals looking for a lower risk endeavor. Learning currency trading gives traders a range of exciting new opportunities to invest in.