Forex trading is already a very popular and accessible type of the financial trading. It is now more like a 'people financial trading' with many traders treating it as some kind of the home business opportunity. The popularity of the online Forex trading (and the popularity of the Forex was insignificant before the online era) has began rather recently — sometimes in early 2000's. Every new year brings us new changes and developments. What will be the future of the Forex market?
It may seem impossible, but the Forex market will continue growing even more popular than it is now. A lot of people have already heard about Forex but know little about it and have never tried trading yet. If the past several years were dedicated to informing people about the foreign exchange market, the next few years will be about getting as many people as possible to actually try trading, at least on demo. The increasing popularity will lead to the increased amount of the related information — analysis, trade ideas, systems, strategies, expert advisors, and so on. People will start discussing Forex not only at dedicated forums and chatrooms, but also at some unrelated meetings and parties.
The trends will become less distinctive. A larger number of participants will result in a faster and more flexible reaction to the global events — such as natural disasters, acts of terrorism, outbreaks of war conflicts, big business news, and so on. Market volatility will rise too because of the wider range of systems, strategies, and analytical reports employed by even more traders.
The stricter regulation will also influence the market participants, attracting more conservative traders. However, unregulated Forex brokers will also remain popular because some traders will value the cheapness and the easiness of trading over than the comfort of being protected by the law.
Paid systems and strategies will continue to flourish despite the wide availability of the equivalent but free versions. The new marketing techniques will do their job, enriching all those who decide to create their own paid "get rich with Forex scheme."
Despite all the new developments, Forex trading will remain a high-risk speculative activity with big earning potential and a high probability of loss.