Course Overview

What is a Forex Course? The Forex certification course is designed for Forex professionals at all experience levels who are serious about improving their forex performance. The course focuses on how to implement a forex trading strategy, how to recognise market turning points and understand forex futures.

How to Become a Professional in Forex? It is not enough to recognise a pattern; you need to understand the key elements of the trade and how to make it work for long and short positions. The course will explain the setup and then provide the entry point triggers as well as an exit strategy with targets for profitable trades.

This course will offer a practical approach and will give you insights that will make it harder to lose. As you may learn over time, nothing beats experience, and if you would like to learn forex, experience is the best teacher.

This Zoe Course is an all-in-one solution for anyone considering increasing their pre-existing (if any) knowledge and skills on Forex. With this course, Success becomes a lot easier that enables you to monetise your skills.

Course Objectives

On successful completion of Forex Certification Course, participants shall be able to:

• Understand the structure of Forex markets and roles of various participants
• Knowing how Spot rates are quoted and understanding exchange rate arithmetic’s
• Impact of various factors affecting foreign exchange rates
• Understand and apply various Foreign Exchange Risk Management Tools and Strategies
• See the “big picture” of the Currency Market

Training methodology

This Forex Certification Course will be Highly interactive, with the application of extensive excel based case studies and real-life examples. The focus will be on participants gaining practical and hands-on experience.

ZTS follows the ‘Do-Review-Learn-Apply’ model.

Organisational Benefits

On successful completion of the Forex Certification Course, participants shall be able to benefit their organization in the following ways:

• Gain a full understanding of Forex, the Forex market, and Forex trading
• Learn how to recognise investment opportunities in Forex
• Understand major currencies and market structures
• Learn about the different types of foreign exchange markets
• Explore money management techniques
• Learn how to get out of a bad trade

Personal Benefits

Successful completion of Forex Certification Course, shall benefit participants in the following ways:

• Discover how to carry out fundamental analysis
• Learn all about technical analysis
• Understand the pitfalls and risks involved in Forex trading
• Know how to manage risk in Forex trading
• Learn about the basics of trading psychology

Who should attend?

• Forex professionals at all experience levels
• People who are already working in the relevant fields and want to polish their knowledge and skill.
• Anyone interested in forex

Course Outline

Module 1: Currency Market Overview and Basics

• Size of Global Forex Market
• Quoting Conventions:
• Base Currency and Variable Currency
• Bid / Ask Quotes and Pips
• Direct / Indirect Quotes
• Marking the Market
• Cross Currency Rates
• Identifying Arbitrage Possibilities: Two- and Three-Way Arbitrage

Module 2: Forex Market Transactions

• Cash, Tom, Spot, Forward Quotes
• Value and Settlement Dates

Module 3: Factors affecting Spot FX Rates

• PPP, Inflation, Interest Rates, BOP, Central Bank intervention, Others
• Currency Appreciation and Depreciation

Module 4: Type of Merchant Rates

• TT Vs. Bill rates

Excel Exercises, Case studies and Analysis

Module 5: Managing Foreign Exchange Risk through Currency Derivatives

• Forex Forwards
• Forward Rate Quotations
• Interest differential theory
• Concept of Swap Points (Receipt and Payment of Swap Points)
• Concept of premium & discount
• Hedging and Trading Strategies

Module 6: Forex Futures

• Exchange traded vs OTC contracts
• Contract Specifications and standardizations
• Margins and risk management
• Futures pricing with Cost of Carry Model
• Hedging and Trading Strategies

Module 7: Forex Options

• Forex Calls and Puts
• European and American Versions
• Forex Caps and Floors
• Intrinsic and Time Value of Options
• Factors affecting option values
• Hedging and Trading Strategies

Module 8: Forex Swaps

• Forex Interest Rate and Currency Swaps
• How Swaps are traded and Cash Flows Calculated?
• Valuation of Swaps – Mark to Market and calculation of gains/losses
• Intrinsic and Time Value of Options
• Factors affecting option values
• Hedging and Trading Strategies
• Excel Exercises, Case studies and Analysis