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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Monte Safieddine

With a background in economics, research, programming, and statistics, Monte entered the financial industry nearly a decade ago after moving to Dubai. He initially worked with hedge fund Square Mile Investment, arbitraging between exchanges in the East and the CME. He later settled in the FX brokerage industry working in roles that involved analysis, risk, and database building. Monte received his Masters in Economics from Wayne State University, where he also taught undergraduate students and completed multiple PhD level courses. He currently works as a market analyst for IG, authoring works that include IG’s Daily Market Report.