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Forex - Trading Around the World

Jeff Praissman, Steven Levine, Andrew Wilkinson, Lucas Deaver, and Mary MacNamara

In this course, we’ll introduce you to the foreign currency market, including who participates in it and some of their reasons for doing so. You’ll also gain an understanding of the complex nature of certain trading products, as well as some of the risks investors typically face.

We’ll also explore the use of margin in your account and provide you with a case study, showing how to invest in the stock of a non-domestic company listed on a foreign exchange, as well as guide you through entering an overseas trade on an online trading platform.

By the end of this course, you should gain a broad overview of the foreign exchange market, understand certain major currency products, and acquire some practical skills that will help you to dive-in and make trades on your own.

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What's inside

Syllabus

Trading Around the World

Acquire the skills to make stock transactions in the foreign currency market on an online trading platform Understand market mechanics, including major and minor currency pairs, trading products, risks, market participants and their motives, as well as the foreign exchange marketplace and margin accounts.

Intro to FX Stock Trading

Understand how to trade shares of overseas-listed companies in foreign currencies.

Entering an Overseas Trade

Acquire the skills to trade in the overseas equities markets on an online trading platform, as well as understand how to manage currency exposure.

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Provides a broad overview of the foreign exchange market

Builds a foundation for beginners in foreign exchange trading

Taught by instructors with experience in the foreign exchange market

Students will learn practical skills for trading in the foreign exchange market

May require additional resources for in-depth knowledge of foreign exchange trading

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Reviews summary

Well-received forex course

According to students, the Forex - Trading Around the World course is well-received and educational. Its informative lessons go over the basics of Forex trading, including currency pairs, exchange rates, and risks. Many students who took the course had no prior experience with Forex trading and found the lessons to be an effective way to learn something new. The course also focuses on real-world applications, as it includes peer-graded assignments based on Excel to ensure that students can effectively trade in Forex markets. Overall, learners say that this course is a great way to get started with Forex trading.

Suitable for those with no prior experience

"I didn't have prior experience with Forex Trading so it was helpful in a way to learn something new."

"Initially it was a bit hard to understand, but as I progressed it was quite easy."

"it is very brief and good for very beginners"

Real-world examples and peer-graded assignments

"Informative about the workings of foreign exchange rates with practical and relatable examples."

"Course Forex -Trading Around the World was informative and educative."

"The course goes through introducing various currency pairs, cross exchange rates, and risks involved while trading using a foreign currency."

Engaging lectures and hands-on assignments

"Lessons were straightforward and practical...lots of practice which is the best learning tool."

"It gives the clear insight of what is Forex trading and why these is changes in currency when investing in Stock market"

"Helped me to fill the knowledge gaps as well as get new perspectives about forex market"

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Forex - Trading Around the World with these activities:

Review Basic Statistics

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Recapping basic statistical concepts, such as mean, median, and standard deviation, will help you better interpret market data for informed trading decisions.

Browse courses on Statistics

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Revise concepts of central tendency (mean, median, mode)
Review measures of dispersion (range, variance, standard deviation)

Organize Course Materials

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Organizing your notes, quizzes, and assignments in one place will help you easily review and retain the course material.

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Review notes from each class
Compile materials into a digital or physical notebook
Highlight key concepts

Explore Trading Platforms

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Familiarizing yourself with different online trading platforms will help you find the one that suits your trading style and needs.

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Compare fees and features of different platforms
Set up a demo account
Explore the platform's trading tools
Practice placing trades

Two other activities

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Analyze Currency Pairs

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Analyzing currency pairs based on historical data will help you understand the dynamics of this market and make informed decisions.

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Select a currency pair
Plot historical data on a chart
Identify trends and patterns
Practice trading strategies

Practice Risk Management

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Practicing risk management techniques, like setting stop-loss orders and calculating risk-to-reward ratios, will help you manage your trading risks effectively.

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Calculate potential profit and loss
Set stop-loss orders
Determine risk-to-reward ratios

Career center

Learners who complete Forex - Trading Around the World will develop knowledge and skills that may be useful to these careers:

Foreign Exchange Trader

As a Foreign Exchange Trader, you buy and sell currencies on behalf of clients. The Forex - Trading Around the World course can help you develop the skills and knowledge you need to be successful in this role. The course covers topics such as market mechanics, major and minor currency pairs, trading products, risks, market participants and their motives, as well as the foreign exchange marketplace and margin accounts.

See salaries and explore the career path for Foreign Exchange Trader

Trader

As a Trader, you buy and sell stocks, bonds, commodities, or currencies for a profit. The Forex - Trading Around the World course can help you develop the skills and knowledge you need to be successful in this role. The course covers topics such as market mechanics, major and minor currency pairs, trading products, risks, market participants and their motives, as well as the foreign exchange marketplace and margin accounts.

See salaries and explore the career path for Trader

Investment Analyst

As an Investment Analyst, you research and analyze investments for clients. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you make more informed investment decisions for your clients.

See salaries and explore the career path for Investment Analyst

Financial Analyst

As a Financial Analyst, you research and analyze financial data to make investment recommendations. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you make more informed investment recommendations to your clients.

See salaries and explore the career path for Financial Analyst

Portfolio Manager

As a Portfolio Manager, you manage a pool of investments for clients. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you make more informed investment decisions for your clients.

See salaries and explore the career path for Portfolio Manager

Risk Manager

As a Risk Manager, you identify and manage risks for organizations. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you better understand the risks involved in international trade and develop strategies to mitigate those risks.

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Hedge Fund Manager

As a Hedge Fund Manager, you manage a pool of money for investors. You use a variety of investment strategies to generate profits for your investors. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you make more informed investment decisions for your clients.

See salaries and explore the career path for Hedge Fund Manager

Wealth Manager

As a Wealth Manager, you provide comprehensive financial planning services to high-net-worth individuals and families. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you better understand the financial needs of your clients and provide them with the best possible advice.

See salaries and explore the career path for Wealth Manager

Investment Banker

As an Investment Banker, you provide financial advice to companies and governments. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you better understand the financial needs of your clients and provide them with the best possible advice.

See salaries and explore the career path for Investment Banker

Private Banker

As a Private Banker, you provide personalized financial services to high-net-worth individuals and families. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you better understand the financial needs of your clients and provide them with the best possible advice.

See salaries and explore the career path for Private Banker

Corporate Finance Manager

As a Corporate Finance Manager, you oversee the financial planning and management of a company. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you make more informed decisions about the company's financial strategy.

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Financial Advisor

As a Financial Advisor, you help clients plan their financial futures. This may include recommending investments and managing portfolios. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you make more informed investment decisions for your clients.

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Data Analyst

As a Data Analyst, you collect, analyze, and interpret data to help businesses make better decisions. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you better understand the financial data that you analyze and make more informed recommendations to your clients.

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Management Consultant

As a Management Consultant, you help businesses improve their performance. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you better understand the financial aspects of business and make more informed recommendations to your clients.

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Business Analyst

As a Business Analyst, you analyze and improve business processes. The Forex - Trading Around the World course may be useful to you in this role because it provides an overview of the foreign exchange market, including how to trade stocks of overseas-listed companies in foreign currencies. This knowledge can help you better understand the financial aspects of business and make more informed recommendations to improve business processes.

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Reading list

We've selected 12 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Forex - Trading Around the World.

The Little Book of Currency Trading

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Comprehensive guide to Forex trading, covering everything from the basics to the most advanced trading strategies.

Forex - Trading Around the World

What's inside

Syllabus

Good to know

Save this course

Reviews summary

Well-received forex course

Activities

Career center

Reading list

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