Forex Trader

2 Forex Trader Success Stories [2024]

Pat Walls

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Updated: October 7th, 2024

Interested in navigating the thrilling world of currency exchange? Consider becoming a forex trader. This business involves speculating on the price movements of currencies, buying low and selling high to generate profit.

Forex trading requires a solid grasp of market trends and a keen analytical mind. You'll need to dedicate time to education, continually refine your trading strategies, and stay updated on global economic news.

The allure of forex trading lies in its potential for substantial returns, and the flexibility to trade from anywhere with a stable internet connection. Plus, the market operates 24/5, so you can trade at times that suit your schedule.

If you're disciplined, comfortable managing risk, and intrigued by financial markets, forex trading could be a lucrative pursuit. It takes dedication and ongoing learning, but the rewards can be significant for those willing to put in the work.

In this list, you'll find real-world forex trader success stories and very profitable examples of starting a forex trader that makes money.

1. Sinry Advice ($1.2M/year)

Sina originally pursued a degree in International Business Management in Malaysia before returning to Iran to work in the import-export business, where he learned about eCommerce and dropshipping. In 2019, a friend introduced him to a unique product opportunity, prompting the launch of an eCommerce store.

Sina's first sale involved a digital product with no manufacturing costs, marking a significant success. This achievement inspired him to create My EA Academy and launch a third business in October 2021, which now earns six figures.

How much money it makes: $1.2M/year
How much did it cost to start: $388
How many people on the team: 6

I Developed A $100K/Month Trading Software

Entrepreneur Sina Sinry started an eCommerce business selling the best performing forex robot, generating monthly earnings of over $100,000 from his digital products, which he developed with the help of professional developers and found success through Facebook Ads.

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2. LS Trading and Marketing ($14.4K/year)

Lin Simon, the founder of LS Trading and Marketing, initially had no interest in forex trading but was introduced to it by a friend. After spending months learning and trading, Lin discovered the potential for others to make extra income and started teaching and introducing people to forex trading. This eventually led to the establishment of LS Trading and Marketing, which provides free forex lessons and market analysis, and offers affiliate marketing training for traders and marketers in the foreign exchange market.

How much money it makes: $14.4K/year
How much did it cost to start: $0
How many people on the team: 5

My Journey From Being A Food Technologist To Starting My Own Forex Trading Business

How Lin Simon created a profitable business teaching free foreign exchange lessons and guidance to potential Forex traders, with an average monthly income of $1,200 from indirect or direct work with around 950 forex traders, including a free affiliate marketing course for forex traders and markers.

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