How to become a forex trader?

The qualifications that you need to become a forex trader include analytical skills and knowledge of foreign exchange markets. If you perform quantitative analysis, you need knowledge of statistics and, in some positions, computer programming languages. Employers typically prefer traders who have a degree in math, statistics, finance, or economics. Some employers seek applicants who have a track record of success in forex markets. Some funds and banks hire entry-level employees to perform analysis while they learn the skills to become a trader. Since most trading activity takes place online, you need computer skills to be successful in this job.