A. Forex | Brokers and How They Came To Be

Nicholas · November 9, 2020

In this course, you will learn everything you need to know about the history of forex and how forex brokers work.

Many may ask, “Why learn about the history of forex?”

As Dr. Myles Munroe aptly puts it, “When the purpose of a thing is not known, abuse is inevitable.”

The long answer is that many individuals enter the financial market, especially forex, with misconceptions. They see it as a gamble, a game of luck, or a get-rich-quick scheme. Inevitably, when they don’t achieve instant success, they end up in the 90% who never make it.

This issue often stems from a lack of foundational knowledge about the forex market. Understanding its history and structure enlightens us about the what, why, and how:

  • What is the Forex Market?
  • Why does it exist?
  • How does it work?

Grasping these concepts fine-tunes our mindset and psychology, guiding us toward a successful trading career.

Today, the forex market is one of the largest and most liquid markets in the world. Its current state was shaped by significant world events, including the World Wars, the gold standard, and the Bretton Woods system.

I believe this course will provide you with a refined perspective on the forex market.

Can’t wait to see you on the other side!

Course Goals:

By the end of this course, you will understand:

  • How the forex market all began
  • The structure of the forex market
  • Brief history of money
  • The impact of the Bretton-woods system
  • How the free-floating market works.
  • Why we need modern-day forex brokers.

Who this course is for:

  • Beginners who want to understand how the forex market works.
  • Traders struggling to choose a broker.
  • Anyone looking to gain background knowledge about the forex market.

About Instructor

Nicholas

17 Courses

Not Enrolled

Course Includes

  • 6 Lessons
  • 1 Quiz