Just as many businesses, industries, and markets have changed since the financial crisis of 2008, the Forex market has recently undergone a number of interesting changes. For traders, this doesn't necessarily mean that their style of trading will need to change - but instead that they simply need to keep in mind the evolving dynamics of the market.

In this article, we'll take a look at the 3 most important and potentially influential changes which have taken place recently. Understanding these could help to improve your position in the market.

One of the most obvious changes in the Forex trading market is the fact that leverage - which was once very easy to acquire - is getting all the more difficult to find. Sure, there are still firms out there offering 200:1 leverage, however their numbers are slim.

These days, it is more common to find the following leverage denominations:

Essentially, what this means is that brokerage firms are becoming less "gifting", and are settling for clients trading less on average - whilst still profiting from the spreads.

Sure, we are certainly through the worst of the volatility, but that doesn't mean that the market has returned to the previous level of calm that was present before the crash.

One of the biggest changes here is the fact that a currency pair could be trading upwards one day, downwards the next - and absolutely nowhere on the third day. This is in contrast to a constant trend which might have been experienced before. For traders, this means that they need to fundamentally adjust the way they place trades - and utilize stop loss orders and risk limiting trades more than ever.

The recent financial crisis has proven that whilst many traders are loyal to their Forex broker, many are not. The fact that a single feature in the Forex trading market could swing a trader from one broker to another is proof that the competition in the industry has really hotted up recently.

As we all know, competition is great for consumers, and in this case - it simply means that traders are getting a better deal on the whole, with lower spreads, commissions, and costs.