Most currency traders shun the limelight, quietly building their profits, but a few have risen to international stardom. These well-known players posted incredible results over long careers. Now, they are influencers with profound impact on the industry.

These individuals provide a benchmark for forex traders just starting their careers, as well as journeymen looking to improve their bottom line. These traders led by example by taking meticulously calculated risks. Some are surprisingly humble while others flaunt their success, but all of these successful traders share an unwavering sense of confidence, which guides their financial performance.

George Soros

Soros began his trading career at Singer and Friedlander in London in 1954 after fleeing Nazi-occupied Hungary during World War II. He worked in a series of financial companies until he established Soros Fund Management in 1970. The company has generated over $40 billion in profits over the past five decades.

Stanley Druckenmiller

Stanley Druckenmiller grew up in a suburb of Philadelphia. He began his financial career in 1977 as a management trainee at a Pittsburgh bank. He quickly found success. Four years later, he formed his company, Duquesne Capital Management. Druckenmiller successfully managed money for George Soros for a couple of years. He was lead portfolio manager for the Quantum Fund between 1988 and 2000, his career flourished.

Druckenmiller also worked with Soros on the famous Bank of England trade, which launched his rise to stardom. His fame intensified when he featured in the best-selling

The New Market Wizards, published in 1994. In 2010 after surviving the economic collapse of 2008, he closed the hedge fund and admitted he was exhausted by the constant need to maintain his successful track record.

Andrew Krieger

Andy Krieger joined Bankers Trust after leaving Solomon Brothers. He gained an immediate reputation as a successful trader, and the firm rewarded him by increasing its capital limit to $700 million , significantly more than the standard limit of $50 million. This bankroll puts him in an ideal position to take advantage of the crash of October 19, 1987 (Black Monday). Andy Krieger focused on the New Zealand dollar (NZD), which he deemed vulnerable to short selling amid a global financial asset panic.

He applied leverage of 400:1 to the already high trading limit, acquiring a short position larger than the New Zealand money supply. He made a profit of $300 million for his employer. The next year, he left the company with $3 million in his trading pocket.

Bill Lipschutz

Bill Lipschutz ventured into trading while attending Cornell University. That was in the late 1970s. He turned $12,000 into $250,000. However, he lost his entire stake after a bad business decision. This loss taught him a hard lesson in risk management that he brought throughout his career. In 1982 he began working for Solomon Brothers while pursuing his MBA.

Lipschutz migrated to Solomon’s new foreign exchange division at the same time, just as the foreign exchange markets were exploding in popularity. He earned $300 million a year for the company in 1985. He became the lead trader in the company’s massive forex account in 1984, serving in that role until his departure in 1990. Lipschutz held the position of Managing Director of portfolio.

Bruce Kovner

Bruce Kovner, born in 1945 in Brooklyn, New York, did not make his first career until 1977, when he was 32 years old. Kovner borrowed against his personal credit card at that time to buy soybean futures and made a profit of $20,000. He then joined Commodities Corporation as a trader, recording millions in profits and earning a solid reputation in the industry.

He founded Caxton Alternative Management in 1982, transforming it into one of the most successful hedge funds in the world, with over $14 billion in assets. The fund’s earnings, split between commodity and currency positions, made Kovner one of the most prominent players in the forex until his retirement in 2011.