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. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

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Michael Boutros

Michael Boutros is a Currency Strategist for IG’s partner platform DailyFX, a leading resource for FX, commodities and indices advice. A long-time veteran of FX trade desks, his focus is on intraday trading strategies and analysis.

Michael has published currency market research for a range of trader websites and holds degrees in economics and philosophy from Rutgers University. He keeps a close eye on actionable trade ideas throughout the trading week, serving both his strategic advice pieces on DailyFX and his own trading career.