Course information

Foreign Exchange Training Course Outline

Module 1: Introduction to Foreign Exchange

  • What is Foreign Exchange (Forex)?
  • Trading in the Forex Market
  • Differences in the Forex Markets

Module 2: Exchange Spot Transactions

  • Introduction
  • What is an Outright?
  • Value Dates
  • Credit and Settlement Risks
  • Exchange Rate Quotation Terms
  • Reciprocal Quotation Terms (Rates)
  • Exchange Rate Movements
  • Shortcut and Bids and Offers
  • Bids and Offers
  • Rule of the Left Bid -Right Offer
  • Cross Rates
  • Exchange Rate Movement Revisited for Crosses
  • Management of the Development of New HR Policies and Procedures

Module 3: Foreign Exchange Forwards

  • Introduction
  • What are Forwards?
  • Calculating the Forward Rate
  • How to Calculate Forward Points?
  • How do you Calculate Forward Points
  • Pay and Earn Points
  • Premium Vs Discount Points
  • Forward Rate Conventions
  • Calculating Odd Dates
  • Types of Transactions
  • How Do the Forward Points Change?
  • Currency Futures
  • Funding
  • Trade Ideas and How They are Formed
  • Trading Eurodollar Futures

Module 4: Foreign Exchange Swaps

  • Value Dates
  • Bid-Offer Spreads
  • Calculating Swap Points
  • Rules of Thumb
  • Rationale Behind the Chart

Module 5: Foreign Exchange Options

  • Vanilla Options
  • Payoff of a Long and Short Call Option
  • Payoff of a Short Put and Long Put Option
  • Greeks
  • Second Order Greeks
  • Factors and Their Effects on Option Value
  • Exotic Options
  • Trading
    • Conventions
    • Strategies

Module 6: Structure of the Forex Market

  • Market Participant
  • Currency Pair
  • Bid-Ask Spread
  • What are Bullish and Bearish Markets?
  • What Happens in a Bull Market?
  • What Happens in a Bear Market?
  • What is Lot Size?
  • What is Long and Short in Forex Trade?
  • What are Pending Orders in Forex Trade?
  • Leverage and Margin
  • Hedging

Module 7: Major Currencies and Trade Systems

  • Major Currencies
  • Different Trade Systems on Forex

Module 8: Types of Market Analysis

  • Fundamental Analysis
  • When to Use Fundamental Analysis for the Forex Market?
  • Key Factors Influencing Fundamental Analysis
  • Technical Analysis
  • Dow Theory for Technical Analysis
  • Sentimental Analysis

Module 9: Driving Forces Behind Forex Market

  • Fundamental Market Forces
  • Technical Indicators
  • Pattern Study of Trends, Support, and Resistance
  • Technical Strategy in Price Patterns
  • Oscillator Divergences
  • Role of Inflation

Module 10: Putting It Together

  • Trading Rules
  • Position Sizing and Money Management
  • Foreign Exchange Risks

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Who should attend this Foreign Exchange Training Course?

The Foreign Exchange Training Course is designed for professionals, traders, and analysts who are interested in gaining expertise in Foreign Exchange (Forex) trading, currency markets, and exchange rate dynamics. This Forex Course can be beneficial for a wide range of professionals, including:

  • Currency Traders
  • International Relations Professionals
  • Derivatives Traders
  • Hedge Fund Managers
  • Quantitative Analysts (Quants)
  • Financial Planners
  • Investment Managers
  • Financial Analysts

Prerequisites of the Foreign Exchange Training Course

There are no formal prerequisites for attending this Foreign Exchange Training Course.

Foreign Exchange Training Course Overview

Foreign Exchange (Forex) markets are the backbone of global finance, facilitating cross-border trade and investment. Understanding Forex dynamics is crucial in today’s interconnected economy, enabling participants to navigate currency fluctuations and leverage opportunities in international markets.

Proficiency in this Forex Course is indispensable for Finance Professionals, Traders, and Multinational Corporation Executives. Mastering this subject allows informed decision-making, risk mitigation, and capitalising on currency movements. It is particularly beneficial for Treasury Managers, Financial Analysts, and Investment Strategists aiming to enhance their portfolio’s value and corporate financial strategies.

The Knowledge Academy’s intensive 1-day training equips delegates with essential Forex knowledge and practical skills. Delegates will gain insights into market mechanisms, analysis techniques, and strategic trading approaches. This hands-on experience enables them to apply learned concepts directly to real-world financial decisions, enhancing their market responsiveness and decision-making acumen.

Course Objectives

  • To understand the structure and mechanisms of the Foreign Exchange market
  • To analyse currency risk and its implications on international trade and finance
  • To apply technical and fundamental analysis techniques in currency trading
  • To develop effective Forex trading strategies and risk management practices
  • To familiarise with the tools and platforms used in Forex trading

After completing this Forex Course, delegates will receive a certification affirming their competence in Foreign Exchange fundamentals and strategies. It’s a stepping stone towards advanced financial qualifications and a testament to their commitment to professional growth in the financial sector.

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What’s included in this Foreign Exchange Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • Foreign Exchange Certificate
  • Digital Delegate Pack

Why choose us

Our Birmingham venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Birmingham is a large city in the West Midlands of England. It is the second largest and second most populous city in the UK behind London. It has an estimated population of nearly 1.2 million people. It is the ninth largest metropolitan area in Europe. The city is a major international commercial centre and an important transport, retail, events and conference hub for England. Education in the UK is a devolved matter, meaning each of the countries that constitute Great Britain each have separate systems operating under separate governments.  For example: the UK government is responsible for England, whilst the Scottish government, Welsh government and the Northern Ireland Executive are in charge of their own country.

Popular searched areas in and around Birmingham include:-

  • Aston
  • Birmingham International Airport
  • Bournville
  • Castle Bromwich
  • Coleshill
  • Edgbaston
  • Erdington
  • Handsworth
  • Harborne
  • Hockley
  • Hollywood
  • Kings Norton
  • Maypole
  • Moseley
  • Northfield
  • Selly Oak
  • Sheldon
  • Vauxhall
  • Yardley

Birmingham City Council is England's largest local education authority. It is responsible for around 450 schools including nurseries, primary schools, secondary schools and special schools. Most schools are 11-16/18 comprehensive schools while students have the choice of college or sixth form after they have sat their GCSE’s. Bishop Vesey's Grammar School, founded in 1527, is the one of the oldest and perhaps the most prestigious school in the city. Birmingham is a densely populated city for universities with five in the city. These universities are: Aston University, University of Birmingham, Birmingham City University, University College Birmingham and Newman University. There also campuses for the university of law, the BPP University and the Open University West Midlands. There are an estimated 79,000 full time students in the Birmingham area. This is more than any city outside of London in the UK. The University of Birmingham is a highly respected university and is ranked inside the top 100 universities in the world and is a top 15 university in the UK. The motto of this university is “persuasive, persistent and bold.” They claim to encourage and empower to turn their ideas into a reality in order to make things happen. The university has a tradition of innovative research and is always striving to push the boundaries. The Knowledge Academy, we offer over 50,000 classroom based training courses in the UK, including popular locations such as Birmingham.

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Address

Birmingham

 

T: 01344203999

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Forex Course in Birmingham. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Forex Course in Birmingham, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Forex Course in Birmingham. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Forex Course in Birmingham sessions.

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Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

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Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Forex Course in Birmingham FAQs

The Foreign Exchange market is a global decentralised or over-the-counter market for trading currencies, determining their exchange rates. It facilitates international trade and investment.
There are no formal prerequisites for attending this Forex Training.
This training is ideal for beginners, traders looking to refine strategies, investors seeking diversification, financial professionals enhancing skills, and anyone curious about currency markets.
This course is a 1-day training course during which delegates participate in intensive learning sessions that cover various course topics.
The Forex market types are spot, forward, and futures markets. Spot deals with immediate transactions, forward with future agreements, and futures involve standardised contracts for trading currencies.
In this certification course, you'll learn about currency market fundamentals, trading strategies, risk management techniques, and technical analysis, equipping you with skills for successful currency trading.
Yes, delegates will receive a certification after completing this training. This certification will signify their readiness to tackle Forex challenges and enhance their professional profile for roles requiring currency market expertise.
This course typically covers Introduction to Foreign Exchange, Exchange Spot Transactions, Foreign Exchange Forwards, Foreign Exchange Swaps, Structure of the Forex Market and the Types of Market Analysis.
After completing this training course, opportunities include becoming a Forex Trader, Analyst, Risk Manager, Currency Researcher, or Broker, and working in financial institutions or independently.
The Knowledge Academy in Birmingham stands out as a prestigious training provider known for its extensive course offerings, expert instructors, adaptable learning formats, and industry recognition. It's a dependable option for those seeking this Forex Course.
The training fees for Foreign Exchange Trainingin Birmingham starts from £995
The Knowledge Academy is the Leading global training provider for Foreign Exchange Training.
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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