About FX Varsity

Welcome to FX Varsity…

FX Varsity Pty (Ltd) was founded in 2009 by current Managing Director Garth. L  East and three other Trading Associates. The concept of “Forex Varsity” was borne to them as Traders with a like-minded goal to collaboratively Trade, following a passion to Mentor friends interested in gaining proficiency in this broad-based field.

In addition to a great deal of Private Sector work, FX Varsity Pty (Ltd) has seen significant penetration into the Corporate Sector, with notable growth in their Trader-Base over the first five years.  Their Corporate Sector Portfolio includes clients from some of the Largest Global Financial Organisations, including deVere Group .

What does it mean be a Forex Trader?

Forex is the largest Financial Market in the world where money is bought and sold freely.  It is a 24-hours, five days a week market.

Foreign Exchange, or Forex Trading is simply the simultaneous purchase and sell of one country’s currency for the currency of another country.  Forex Trading is always done in currency pairs.  As the value of one currency rises or falls relative to another, Traders decide to buy or sell currencies in order to make profit.

Unlike Stock Trading, Forex Trading is not conducted by a Central Exchange, but rather on the “Interbank” Market.  Forex is free from any external control and takes place between two dealers anywhere in the world.

 

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