There are no boundaries or borders in the digital age, so who are the people making the rise with it? The answer is simple: the power belongs to individuals capable of shifting and influencing the public opinion. Capitalizing on this shift is one of the most renowned Forex traders in Singapore, Chew Wei Xiang, a Forex Trader who has shaped and built his own field. In just three years, he has already become a thought leader of digital brand strategy and his PrinceFroggyFX mentorship programme that educates traders on risk management has been widely recognized.
To those primarily interested in Forex markets, Wei Xiang is better known for his expert and advanced strategies for trading the Forex market. In February 2021, Wei Xiang set a record in the Forex CFD industry of achieving 1:42 Risk : Reward ratio, risking only 2% on a single trade and achieving 84% profit/ capital gains.
In a very short period of time, Chew Wei Xiang, 23, has done work far beyond his age. His trading strategies with minimal risk exposures and high rewards– have attracted industry leaders. In fact, he already holds the keys to his own empire. A self-taught Forex Trader, when Wei Xiang started this Forex trading journey back in 2019, he fell victim to a sketchy service provider by his bosom friend’s mother, eventually giving out $1,305 SGD or about $1,000 USD.
Wei Xiang's background illustrates just how passionate and talented he is. Seemingly living on a fast track, he’s grown up knowing how to bring eye-catching value to the table while still being attentive to detail. Through a culture defined by profitable trading strategy and efficiency, Wei Xiang has made a name for himself in Forex Trading. Wei Xiang pledged to learn about the financial markets and came up with his own straightforward yet extremely profitable trading strategy, which consists of Technical Analysis, Fundamental Analysis, and Sentimental Analysis.
With over 400 subscribers today on his Telegram channel along with Youtube, PrinceFroggyFX arises as the fastest growing Forex trading community. Wei Xiang takes trades with minimal risk exposures and high rewards, most of the time achieving 10-30 times the rewards of the amount risked. Or Risk : Reward ratio of 1:15-30. Chew Wei Xiang established PrinceFroggyFX when he began noticing a troubling trend of amateur traders getting trapped in an endless loop. This includes the increasing presence of confusing information and social media marketers manipulating their trading results, enticing the amateur traders to engage their services.
More often than not, sketchy service providers are unlikely profitable traders themselves. Through deception by making hype content on social media showing flashy sports cars, it is not surprising that this type of “luxury trader’s lifestyle” would attract traders and non-traders alike, to jump into the volatile financial markets with little to no financial knowledge accompanied with a get-rich-quick mentality.
PrinceFroggyFX shares market analysis content and posts views of the markets for free through the PrinceFroggyFX channel on Telegram and Youtube. Wei Xiang educates traders around the globe the importance of risk management and provides risk management tools available for free.
PrinceFroggyFX mentorship programme is structured to maximise an individual’s learning ability based on studies made on average human attention span. In PrinceFroggyFX, the reality of trading is presented with realistic profits and loss. Forex traders or aspiring forex traders looking to accumulate trading knowledge or widen their perspectives are welcomed to join this group and community.
It is PrinceFroggyFX’s mission and vision to educate retail traders on how to implement proper risk management, which is a crucial skill that many traders lack. Most importantly, Wei Xiang wants his trading community to trade profitably with simple and reliable strategies.
Wei Xiang is working his way up to build the largest Forex trading community not just in Singapore, but across international grounds. “People at the forefront of any industry will take you more seriously and want to build meaningful relationships with you if you bring clear cut value to the table.” And that’s just what Wei Xiang does.
While these are all potential options, only time will be able to tell us what to expect of the future of Forex trading. And whatever that future may hold, expect to see Chew Wei Xiang at the forefront of it.