This website uses cookies to ensure you get the best experience on our website. You may read the full details in our Privacy Policy

Blog

Inspiration: These are the World's Richest Forex Traders

Executed right, Forex trading can help one make an enormous fortune. It makes sense; Forex is, after all, the world's deepest market, transacting trillions every day. Clipping a small percentage is enough to break a bank account and promote a trader to a billionaire's category.

George Soros, who broke the GBP in 1992, is living proof. His bet against the GBP and the Bank of England in Black Wednesday paid off, earning him a cool $1 billion. By his bold move, Soros is now one of the wealthiest Forex traders in the world.

Joe Lewis was George's partner. He, too, took a bet against the pound, earned $1.8 billion, and was promoted to the billionaire's category.

Another wealthy Forex trader is Paul Tudor Jones, a hedge fund manager. From his "big short" of the 1987 market crash, Paul sensibly earned north of $180 million. He established Tudor Investment Corporation, which focuses on the effects of interest rates on the FX market.


Keen to learn the forex market? Check out our other explainer articles in our Learn Forex blog. 


Need Help? 

Our dedicated support team are ready to answer all your questions. You can email us, or visit our Live Chat 24/7.

The website is operated by a group of companies. 360 Degrees Markets Ltd and ISPASS Technologies Ltd are companies of this group.
ISPASS Technologies Ltd, a software provider, is a registered company in Cyprus, with registration number HE394419 and has its registered address at Nikolaou Nikolaidi 3, Flat/Office 205, Paphos 8010, Cyprus.

360 Degrees Markets Ltd is a registered company in Seychelles, with registration number 8421720-1 and has its registered address at Suite C, Orion Mall, Palm Street, Victoria, Mahe, Seychelles. 360 Degrees Markets Ltd is regulated by the Seychelles Financial Services Authority under the Securities Dealer license number SD019.

All payments through Skrill and Neteller are processed by 360 Degrees Markets Ltd.

AltumFx does not accept residents of certain jurisdictions such as USA, Canada, Iran, North Korea and Russia.

Since AltumFX is not under the supervision of the JFSA or ESMA, it is not involved with any acts considered to be offering financial products and solicitation for financial services to Japan or in the European Union countries and this website is not aimed at residents in Japan or in the European Union countries.

Risk Warning: Trading any kind of financial instrument, including derivatives, carries a high level of risk and may result in the total loss of your investment. You should only trade with money you can afford to lose. Trading derivatives may not be suitable for all investors. By trading with AltumFx, you acknowledge your understanding of this risk warning and your agreement with the Terms and Conditions. AltumFx always recommends you seek independent advice if necessary.