Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and should not invest money that you cannot afford to lose. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

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Justin McQueen

Justin McQueen is a Market Analyst for DailyFX, the leading forex advice site and partner brand of IG.

He built expertise in fundamental analysis across multiple asset classes throughout his tenure as a financial news reporter, which entailed examining and analyzing macroeconomic trends in financial markets, predominantly focusing on FX and commodity markets.

Justin holds a bachelor degree in business economics from Nottingham Trent University in the UK