Day trading FX won;t be around forever but it ain’t going anywhere soon either.
The market is still huge (around 7.5 trn) and traders from emerging economies are only just getting involved really. Also more of us retail traders are getting involved thanks to slick apps and so-called ‘commission-free forex brokers’ (new flash: they aren’t really free to trade with).
For me it’s more whether many retail investors will pivot to crypto in place of these traditional asset classes. When you’ve got cryptos like ETH and XRP swinging from around 3.5% to 4.55% each day and fiat currencies like EUR and GBP only swinging around 0.3% to 0.45%, not to mention all the buzz online about cryptos, many will aim for bigger returns in the crypto markets.
