The great debate! How valuable is FX education? We discuss at length

At Epsilon, in Limassol Marina, Cyprus, the world’s central hub for the retail electronic trading industry, industry executive Paul Orford and FinanceFeeds CEO Andrew Saks-McLeod debate the educational aspect of FX. There is very high value in the use of algorithmic and complex analytics tools which aggregate data and process it in an ergonomic way […]

FX education

At Epsilon, in Limassol Marina, Cyprus, the world’s central hub for the retail electronic trading industry, industry executive Paul Orford and FinanceFeeds CEO Andrew Saks-McLeod debate the educational aspect of FX.

There is very high value in the use of algorithmic and complex analytics tools which aggregate data and process it in an ergonomic way that traders can use to their benefit, however what about the providers of ‘one size fits all’ trading software, or mentorship by trainers which take fees for courses and then use demo accounts to show novices how the science behind the global markets can be mastered.

We debate the level of investment of time and gathering of knowledge that most successful institutional traders have completed, and assess whether this can be condensed into relatively short courses, and what the intrinsic value is.

Retail traders wanting to refine their skills have many options these days, however which is the best route? We find out in an incisive discussion on what has for many years been a very hot topic.

Photograph: Epsilon, Limassol Marina, Cyprus.

Read this next

Digital Assets

DeFiChain tokenizes Walmart, Unilever, US Oil and Gas Funds

Bitcoin-based DeFi platform DeFiChain is opening up the opportunity for its users to trade crypto versions of Walmart, Unilever, US Oil Fund, and US Gas Fund.

Industry News

The B2Broker B2Core REST API Is Now Live

B2Broker has announced the release of its new REST API, which lets customers use B2Broker’s solutions and services for business purposes.

Executive Moves

CME Group taps Paul Woolman to lead Equity Index, Giovanni Vicioso to lead Crypto

“Our equity and cryptocurrency businesses have experienced tremendous growth in recent years, underpinned by strong customer adoption and continued innovation.”

Technology

Sumsub launches document-free KYC for users in India, Brazil, Nigeria and Indonesia

Sumsub has launched one click-KYC for users in India, Brazil, Nigeria and Indonesia in a move that allows businesses to instantly onboard over 2 billion users without requesting their ID documents.

Digital Assets

Cboe becomes first major global exchange operator on DeFi data platform, Pyth Network

“Our participation in the Pyth network will provide another avenue to broaden customer access to our data, and aligns with our strategy to deliver market data to investors around the globe based on how they want to consume their data, whether through direct connectivity methods, the cloud or the blockchain.”

Industry News

FINRA fines Barclays Capital $2 million for best execution failures for 5 years

FINRA has fined Barclays Capital $2 million for failing to comply with its best execution obligations in connection with its customers’ electronic equity orders between January 2014 and February 2019. 

Digital Assets

SETL helps SWIFT, CSDs and custodians develop common framework for tokenisation systems

London-based enterprise DLT and blockchain company SETL has delivered a pilot project for SWIFT which implemented a common framework linking tokenisation systems between central security depositories (CSDs) and global custodians.

Digital Assets

Crypto volumes hit CHF 87.1 million at Switzerland exchange

Switzerland’s principal exchange has experienced a rebound in trading activities for September 2022, with monthly volumes increasing by more than 20 percent MoM.

Digital Assets

Bitcoin Suisse Vault taps Polkadot governance features

Bitcoin Suisse has added support for Polkadot protocol governance on its proprietary, hyper-secure cold storage solution, the Bitcoin Suisse Vault.

<