Yes, it’s true: The world of forex trading has changed dramatically since 1999. As we look to the future, we’ll take a quick look at how forex trading has changed in the last 14 years. We’ll then discuss several of the major trends currently shaping the forex market.
This will be a very brief look at how forex trading has changed over the last 14 years. It’s only natural that the most significant changes are those that are underway. If you want to learn more about the recent changes in the forex market, check out our article, “10 Ways the Forex Market Has Changed in the Last Four Years.”
We’ll also discuss some of the major trends currently shaping the forex market. Of course, these trends are also affecting the futures market. We’ll cover some of the major trends and then offer a few thoughts on how forex trading will be impacted in the years ahead.
The Trends in the Forex Market
As we’ve noted before, one of the major trends in the forex market is the continued consolidation among major forex trading companies. Remember that at one time, there were dozens of major forex trading companies. Many of them traded forex on a regional basis. Now, the biggest of these companies have merged, and they’ve either fallen out of business or decided to consolidate. In many cases, both have occurred.
The largest players in the trading forex thailand have been bought by larger companies. Many of the smaller forex trading companies have been bought by larger companies. As a result, we’ve seen a huge decrease in the number of forex traders. As we’ve also noted, the number of forex trading companies has also decreased.
This is the same dynamic that we see in the futures market. Major firms have consolidated, and more and more smaller firms have disappeared. As a result, we see many smaller futures trading firms.
Over the last few years, we’ve seen the continuation of this trend. The major forex trading companies have been bought by other companies, and many of the smaller ones have either fallen out of business or consolidated.
These trends are very likely to continue. As a result, we’ll see more consolidation among the major forex trading companies, and we’ll continue to see a decrease in the number of forex traders.
We’re also seeing a shift in how forex trading is conducted. Most forex trading today takes place via a computer, not through a broker. Internet brokers have been a boon to forex trading. However, we’ve also seen a move away from them and toward direct access to trading platforms. Today, only a handful of direct access companies exist. However, the trend will continue, and by 2020 we’ll be seeing a large number of direct access companies.
The future of forex trading will be one of consolidation and a move away from traditional brokers. We’ll see more direct access to trading platforms, and we’ll see a large number of direct access companies.