Ross Soodoosingh, a former executive at FXCM, has launched Forex University, an educational platform for traders that focuses exclusively on teaching how to trade the forex market.

High Demand for Forex Courses

"After more than a decade designing forex education programmes for top brokers and financial institutions, I saw firsthand that a one-size-fits-all approach simply doesn’t work," said Ross Soodoosingh, founder of Forex University.

Ross Soodoosingh, founder of Forex University

According to the website, Forex University currently targets only beginner traders. It offers two courses: a beginner comprehensive course and a beginner fast-track course. The first contains six detailed modules with over 60 chapters, while the second is a streamlined six-module option with more than 30 concise chapters. Traders can access both courses, which are part of the single Beginner Programme, for a price of $49.95.

However, the platform also plans to launch an Intermediate Technical Analysis Mastery course in the coming months, which will be priced at $199.

“We created Forex University to give every student — whether they want an in-depth course or a fast-track intro — the tools to succeed from day one," Soodoosingh noted.

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Marketing Expert to Educator

Soodoosingh is a marketing expert with more than a decade of experience. During his career, he has worked with several trading brands in marketing roles. He is also the Chief Executive of a marketing agency specialising in the financial services industry.

His most notable industry experience was his six years at FXCM as the Senior Vice President of Marketing. Later, he joined the Hong Kong office of MultiBank Group as Chief Marketing Officer for a six-month stint. He also served as a Marketing Adviser at Taurex for over a year.

Meanwhile, Soodoosingh is not the first to launch a trader-specific course. Earlier this year, Financemagnates.com spoke to Francesc Riverola, President and Founder of FXStreet, who launched the International Trading Institute.

However, the initiatives and target groups of Soodoosingh and Riverola differ. While Forex University is highly accessible for beginners in terms of price, the International Trading Institute only offers an 18-month programme and carries a price tag of €28,000. It is also in talks with a university and will offer a Master’s degree upon successful completion of the programme.