Twitter is hugely popular with participants in the financial markets. This is the platform where traders, professional and retail, choose to share their experiences, insights and recommendations.
Twitter’s enterprise API platform provides major financial institutions critical insights to uncover early trends, shifts in market sentiment and stay updated on breaking news. Apart from that, world leaders, investment firms, central bankers and financial news providers have their own accounts on the platform, providing investors valuable knowledge.
In fact, a research article by Stevens Institute of Technology stated that together, these influential Twitter users act as a more robust predictor of the financial markets than general social sentiment.
On the retail trading front, today more than ever before, active traders, mentors and technical analysts are sharing their chart analysis and predictions for the benefit of forex and cryptocurrency traders. They offer tips on creating trading strategies and alternative insights on deciphering market news. Let’s look at some of the most popular Twitter accounts for forex traders.