NIFASE
Job Oriented Course

CURRENCY MARKET MODULE

Instructor: NIFASE Faculty
20,480 already enrolled
Included with NIFASE Institute
10 modules
Module-wise syllabus
4.6
(910 reviews)
Short-Term Certification
Level
Flexible schedule
Learn at your own pace
96%
Learners liked this course

A currency markets foundation covering exchange-rate drivers, global factors, Indian currency derivatives, hedging concepts, volatility thinking, and compliance awareness.

Skills you'll gain

Currency MarketsExchange Rate DriversMacro FactorsCurrency Derivatives (India)Hedging ConceptsVolatility BasicsRegulatory AwarenessLive Observation

See where our learners get hired

Roles across brokerages, banks, research desks, and fintech.

Hiring / Placement support

Modules

Module 1: Introduction to Currency Markets
  • What is the currency market
  • Role of currencies in global trade
  • Spot market vs derivative market
  • Major global currency pairs (overview)
Module 2: Exchange Rate Mechanism
  • How exchange rates are determined
  • Demand–supply dynamics
  • Appreciation vs depreciation
  • Role of interest rates & capital flows
Module 3: Global Factors Affecting Currencies
  • Economic indicators & data releases
  • Central bank policies (conceptual)
  • Inflation, growth & interest rate differentials
  • Global risk sentiment & safe-haven flows
Module 4: Currency Derivatives in India
  • Currency futures & options overview
  • Contract specifications
  • Lot size, expiry & settlement
  • Trading hours & margin framework
Module 5: Hedging & Risk Management
  • Why businesses hedge currency risk
  • Basic hedging concepts
  • Risk vs speculation
  • Currency exposure management mindset
  • Focus on understanding risk, not aggressive trading
Module 6: Currency Pricing & Volatility (Conceptual)
  • Factors affecting currency prices
  • Volatility in currency markets
  • Event-based movements
  • Understanding price stability vs shocks
Module 7: Introduction to Currency Trading (Conceptual)
  • Currency trading styles (overview)
  • Difference between FX spot & currency derivatives
  • Indian exchange-traded currency vs global forex
  • Common mistakes by beginners
Module 8: Clearing, Settlement & Regulation
  • Clearing & settlement process
  • Regulatory framework (overview)
  • Investor protection & compliance
  • Ethical trading practices
Module 9: Live Market Observation
  • Observing live currency prices
  • Understanding spreads & movement behavior
  • Event reaction analysis
  • Case-based discussion
  • Observation & learning only — no trade calls
Module 10: Career Orientation & Next Steps
  • Career paths in currency markets
  • Corporate treasury & risk roles (overview)
  • Roadmap to advanced currency & forex trading courses
  • NISM Currency Derivatives certification guidance

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FAQ

Answers before you even ask.

A quick rundown of how NIFASE works so you can focus on trading, not decoding terms and conditions.

NIFASE is a finance and trading education hub that combines funded evaluations with structured learning so traders can qualify for real payout accounts.

Basic market knowledge helps, but the programs start from risk and psychology foundations, then move into playbook building and evaluation rules.

Once funded criteria are met, you can request withdrawals on the dashboard. Approved payouts are processed to your chosen method and logged as certificates.

Most challenges are one‑time fees per account size, with optional re‑tries and scaling plans if you want to grow into larger capital tiers.