Foreign Exchange Traders
Foreign exchange traders consist of mainly private investors that are looking to make money on the forex market. Roughly 5% of daily trades are from governments and companies that trade products and services in a foreign country and need to convert their profits into foreign currencies that correlate with the country they are doing business in.
The majority of the other traders, around 95% at last estimate, is made up of individuals that are trading for profit, and this is where you come in! As a foreign exchange trader you will have the opportunity to make alot of money by trading foreign currencies. You wiil basically be speculating by purchasing one currency and at the same time selling another in pair.
As a foreign exchange trader you will have access to a 24/7 market that is worldwide with no central location. The opporunities to make money with forex trading are great as you gain experience and learn how to profit.