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When you think of the most successful forex traders, legendary traders like George Soros, Bill Lipschutz, Stanley Druckenmiller, and Bruce Kovner springs up immediately. However, many other individuals have done great for themselves within the forex trading market.
Despite the high volatility and general confusion with which the forex market is known, you can still become a successful forex trader. Some of the top advice you can get on this subject include following and learning from top forex traders who have proven track records.
While there is still a whole lot you can learn from the legends, you stand a higher chance of success with those still in the game and have mastered the recent trading techniques. The problem is how to identify these top forex traders.
In this article, you will discover the most successful forex traders in the world presently. Once again, these are not the elite traders we’ve always known, but retail forex traders who trade like us and are highly successful.
Table of Contents
Retail forex trading is a smaller portion of the vast foreign exchange market that investors speculate on and aim to gain from exchange rates between currencies. This type of currency trading involves buying and selling in mere seconds by putting down a fraction of the entire trade.
Before forex became as widespread today, retail forex trading was limited to large banks and financial institutions. However, with the advent of the internet, online traders can create retail investor accounts or use forex brokers to transact to become one of the richest forex traders in the world.
Selecting the most successful trader in forex trading history may be straightforward, but that is not the case for retail currency trading. However, these are the famous forex traders that come out on top after researching recent and current happenings within the forex world.
Any list of the current best retail traders in the world would probably not be complete without this name. For over two decades, Ezekiel Chew has been a popular figure in the foreign exchange scene, with appearances in expos and other events.
He is credited with many outstanding achievements, such as making a massive 950% ROI in only two weeks, turning another 1250% ROI by making $300K from only $24K capital, making over $159,000 in a day, making a $100K within hours during a US presidential election, etc.
Ezekiel Chew does not only trade forex; he is also into trading CFDs, crypto, stocks, commodities, etc. When he is not busy making six figures trading foreign exchange or speaking at events, he makes new market wizards, usually through his trading school, Asia Forex Mentor.
It is quite common for the richest forex traders in the world to own hedge fund companies that deal in financial markets, like the Duquesne Capital Management, Hathersage Capital Management, Global Forex Institute, and Soro’s Quantum Fund. However, many traders are also dedicated to teaching beginner traders how to succeed in the forex industry.
Ezekiel Chew founded the Asia Forex Mentor in 2008 to teach friends his trading strategies. It has since then developed an online and physical course known as the One Core Program. This course has more than 26 powerful lessons, including the famous Road to Millions Formula, which many people say changed their game totally.
Consisting of 63 videos, this course is one of the most comprehensive you can find on the forex platform, and it is perfect for both beginners and experts. You can regard this as the culmination of Ezekiel’s 20-year trading career. The course covers trade and risk management, chart reading, trading account management, strategy development, and Ezekiel’s MT4 setup.
This detailed course also features personal examples and experiences from Ezekiel Chew. After completing the course, each participant gets admission into the Golden Eye Group, where they gain further knowledge from Ezekiel Chew on the forex market techniques and his view on different assets.
Perhaps you’ve heard about The Simpler Trading by John Carter. Raghee Horner remains a notable contributor to the course who has helped to increase its popularity. She has massive experience 3-years of experience in the currency market that began from her high-school days.
Raghee Horner developed an interest in forex quite early when computer trading wasn’t yet prevalent, and then, she calculated indicators by hand and drew charts using simple means. That helped her immensely, and today she is one of the most skillful in terms of technical analysis. She even created the well-known 34EMA wave method, GRab Candles, and propulsion Dots.
That’s not all. Raghee has exceptional trade and risk management that she focuses on detecting bull market in the $5 Trillion Forex Market. She’s managed to discover the secrets to locating gems within trades, and that has made her one of the richest forex traders around.
One of the characteristics the best forex traders have in common is their consistency, and it’s no different with Raghee, who has never even been on the losing side at the end of any year. Luckily, anyone can get an in-depth explanation of her methods by enrolling in her Forex 101 course through Simpler Trading.
This is a highly regarded forex learning platform that combines knowledge and experience from some of the best forex traders, including Raghee Horner. They provide classes on forex, crypto, stocks, futures, options, and other parts of the financial market in the form of videos and chat rooms, webinars, etc.
They also offer real-time support every time of the day through several means. Overall, there are over 60 courses, and one of our favorites is Raghee Horner’s How to Find the Strongest Forex Trends.
Andrew Mitchem is a forex trader who has traded and made considerable profits in the financial markets dealing with the top forex brokers on the best forex trading platforms. This forex trader and investor is experienced, having traded and helped others trade foreign exchange for many years.
He began trading in 2003 with sights set on becoming the best forex trader. While he may not be the richest forex trader at the moment, he has done significantly well for himself to rival some of the richest traders.
The first four years were tough, but by the fifth year, he has helped hedge fund companies aiming to be as big as Quantum fund. He also launched his trading course around this time to help others from falling into the same mistake as him. What he does now is focusing on his strategies and marketing trends.
Perhaps you’ve heard about how the United Kingdom removed the pound sterling from the European Exchange Rate Mechanism in 1992 after George Soro’s heroics. If you’re looking to achieve similar success without prior experience, the Forex Trading Coach by Andrew may just be all you need.
Anyone eyeing the richest forex trader title can enroll in this course, whether experienced or not. It features a 90-day in-depth course which Andrew himself says is perfect for trader rookies.
Some of the skills you stand to gain from the course include getting high returns from minimal risks, trading quickly in only 30 minutes, testing the water with a demo account, developing your own strategies, maintaining the perfect mindset, amongst others.
Another successful individual who could rank as the best forex trader of this era, Nick McDonald, is a widely respected forex trader and educator. He started ForexSignals.com when he was fairly new to provide unique value to help other traders get their footing in the market.
Like Quantum Fund, he has a long list of clients that include hedge fund companies and other financial institutions like the CME Group, NYSE Liffe, CMC Markets, ICE Futures, ETX Capital, Traders Magazine, TradeStation Securities, Open E Cry, Traders Expo, Nadex, IG, RJO Futures, OANDA among others.
Nick quit his job in 2004 when he worked on some technical analyses that are game-changing. Two years later, he launched his first course that catered for retail traders. However, in 2012, he found another platform, ForexSignals.com, to provide more benefits.
This is a platform established and operated by Nick McDonald in 2012. It has gone to become one of the most popular due to the wealth of advantages on offer. You get access to strategies that will not only help you trade but also make you better at being strategic.
It lets you go beyond using a demo account to get a feel of the real deal. There are loads of live streams and recorded broadcasts for you to gain firsthand knowledge from mentors. Its community of traders and alumni is always helpful, and you can hardly get a better mentorship than this.
Despite his slightly less shiny profile, Kirill Eremenko is one of the most popular forex traders and mentors. He is, by all means, a remarkable trader who has gathered valuable experience from multiple industries, like finance and retail.
With Mathematics and Physics degrees, Kirill is a data scientist and teaches forex courses on Udemy. What makes him stand out is his background in academics and over a decade of experience in the market.
Kirill Eremenko has a number of pleasant surprises up his sleeves, and this course is one of them. It is one of the cheapest forex courses you can find, yet, it is as detailed as some of the more expensive options.
It is perfect for beginners who want to try things out without breaking the bank. Consisting of nine sections, this in-depth forex course covers basics, terms, analysis, risk management, etc. It also gives you enough information on charts, currencies, short selling, and dealing with brokers.
The course is delivered using videos to give you a closer view of how things go down. Other benefits include lifetime access, continuous support, and a certificate.
Lewis Glasgow is one of the newest names within the trading industry, having only joined in 2013. However, he’s been around for a while but, like many successful traders, could not achieve as much success. A lot of mistakes he made during his early stage in the industry made him lose sizeable trading funds.
Years later, he was able to develop a system of his own that earned him huge profits and wide acclamations. He uses a strategy that relies on Fibonacci alignments, which he has learned by keeping his mind open to behavioral patterns in trading. Lewis says his success is a result of his likeness for simplicity as well as patience and discipline.
In 2016, his method earned him global prominence, and afterward, he started the Six Figure Capital to teach his techniques to others. His course leads to a more advanced harmonic pattern course reserved for more experienced traders.
The Six Figure Capital course by Lewis Glasgow is a 19-lesson forex course ideal for beginners and intermediate forex traders. It is excellent for traders who want to get up to speed quickly, and its everyday topic introduction makes this easy and wards off fatigue.
In only two weeks, you would have gotten everything you need to be a successful forex trader. The classes are available in videos with the addition of live trading sessions during all lessons. There are also bonus materials, ebooks, and spreadsheets, but the commendable part is how straightforward everything has been explained.
After the course, you get added to a group of experienced traders who can share real-life experiences with you. There is also an opportunity to enroll in more advanced courses where you will learn to trade with the proprietary harmonic software.
With experience spanning over 12 years, Vladimir Ribakov has been able to create a unique reputation and path for himself. He operates a transparent method that sees him explaining every step through his website.
He has received many awards for his notable contributions as a trader and mentor. Vladimir is well-known within the community, and he continues to remain outspoken. He recognizes the pitfalls in trading forex and says his course was established to traders avoid them.
The Trader’s Academy Club is the brainchild of Vladimir Ribakov that is the subject of numerous raving reviews. Taken by Ribakov himself, this course is sure going to help traders become better, no matter their experience level. And the results have been demonstrated time and time again.
Ribakov gives various tools, shares ideas, and admits you into a group of some of the most successful traders around, including Ribakov. The course also has a live trading session where analyses are made on trades. From ebooks to videos and tools, the Trader’s Academy Club is packed full of freebies.
Chris Capre, the founder of 2ndSkiesForex, is a successful fx trader. He has been in the currency market for two decades and has garnered massive experience to rank among the biggest forex traders of this era.
This hedge fund manager focuses on Ichimoku cloud and Price Action trading. These have formed his preferences since he began his professional trading career many years ago. Some of his notable investments include making as much as $83,000 from an initial investment of only $3000 in six months.
He is also strongly dedicated to other activities, such as teaching and philanthropy. In fact, Capre has seen more than 40,000 hours trading, reading charts, mentoring, and giving back to society. He launched his course, 2ndSkiesForex, in 2007 and has since then helped to create more forex traders like himself.
A significant part of his course involves helping you build the proper psychology for the financial market and how to make the most of opportunities when they show up.
This course is delivered by Chris himself and his assistant, Sasha Gogolin. Despite the delivery being comprehensive and easily digestible by less-experienced traders. They are both usually available to provide extra support to participants.
However, you should be aware that this course is nothing like a magic wand you can wave. As Chris himself put it, it is directed at assisting participants in adopting a flexible mindset. You can also take advantage of the weekly webinars from both instructors, where they discuss essential trends.
It is an excellent program to catch up with if you perhaps would like to know the forex broker to deal with, how the New Zealand Dollar is doing, how to create a real trading account or find out more about the European Exchange Rate Mechanism.
The Trading Masterclass is a course created by Chris Capre’s 2ndSkiesForex. This course is ideal for all levels of forex traders, including newbies aspiring to be among the richest forex traders.
This course has three modules, primarily videos and recorded webinars. The entire course has a complete introductory discussion on currency trading as well as other lessons on forex, trading CFDs, stock, bonds, equities, and indices. After the course, you get mentorship alongside other benefits.
Another veteran forex trader that has dominated the forex trading platform is Thomas Kralow. Making a verified profit of over $9 million within seven years, Thomas Kralow has definite results to show for his lucrative trading career.
Thomas Kralow has also chosen to open up on his strategies to the trading world through his courses. This seasoned currency trader uses explanatory videos and interactive tasks for his classes. The course is called a university-grade lesson and is run like one. Hence, it also has a final exam written at specified intervals to assess whether participants are getting along.
Kralow’s course also includes the necessary lessons for overcoming personal barriers hindering your progress. Those who’re already involved in the trading industry, as well as others who are inexperienced, can take the course. And in case you’re not sure if forex is for you, its 21-day shortened course covering the basics should help you decide.
There’s even more. Aside from opening up on his strategies to you, Thomas Kralow also assists you with developing algorithms you can call your own in his one-on-one classes. He will personally mentor you for most of the duration of the course. Finally, you also be added to a support team where you can interact with and get support from other successful traders from the alumni.
Whether you are new and want a top forex trader to model or have been around and want to know who the most successful forex traders are, you now have the absolute list. Led by Ezekiel Chew, these famous forex traders have proven that anyone can join the elite list of the richest forex traders and have their names beside legends like George Soros.
Things can change pretty quickly in the forex market, and using that to your advantage will be crucial to your success. The good news is that most of the best forex traders have a running course through which they train others to be better, and you should take advantage of their lessons.
Don’t forget that achieving success in whatever you do never comes easily. You have to put in the required hard work, invest in learning financial education and risk management, remain consistent, and maintain an open mind. Who knows? Aside from recording success of your own, perhaps your name too can become known someday.
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