PFTM review
Professional Forex Trading Masterclass
Macro-driven currency trading, led by fundamental analysis at a professional level.
The most specialised course; strongest for traders who want a fundamentals-led approach to currencies instead of chart-led forex tactics.
Standard price $2,999 discounted price $2,099.30 with code pftmrich30pct, save 30%
12-month course access
- Format
- 29 videos · 12-month access
- Prerequisites
- ITPM's own sequence puts PFTM last, perhaps 6 to 12 months after IPLT, PTM and POTM. You can buy it on its own, and a macro grounding from PTM is what makes it land.
- Tools unlocked
- Core Workbench + FX Toolkit
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Reviewed by
Richard Sarsfield
Richard spent more than 25 years in institutional asset management. He took the ITPM courses himself and reviews them on their merits. He is not an ITPM employee, mentor or spokesperson.
- Last updated
- 6 September 2026
- Course facts last verified
- 17 August 2026
My verdict on PFTM
The PFTM is the most specialised of the four courses, applying the macro process specifically to currency markets: central bank policy differentials, balance of payments, capital flows, and carry trades. It is fundamentals-led, not chart-led, and in my view that is its main distinguishing feature compared with most forex education.
I found the method for linking policy differentials and capital flows to currency moves the most useful part of the course. It gives a structured way to think about why a pair is moving, rather than relying on chart patterns alone. It is detailed material, and a macro grounding from the PTM helps you get full value. ITPM's own sequence puts PFTM last, perhaps 6 to 12 months after IPLT, PTM and POTM; you can buy it on its own, but the currency material assumes that grounding is already there. Its focus is entirely currencies, which is the point if FX is your market.
How the course approaches currencies
For $2,999 you get 29 videos · 12-month access of rigorous, fundamentals-led currency work. What it covers:
- How central bank policy differentials drive currency pairs across G10 and emerging markets
- Balance of payments analysis: current account, capital flows, and their impact on currencies
- Interest rate differentials and carry trades: the professional approach to forex positioning
- Macro regime analysis for currencies: understanding which environments favour which currencies
- Risk management in forex: professional position sizing and correlation management
- Geopolitical risk assessment and its impact on currency markets
The material I found most useful
Its strongest feature is the connection between macroeconomics and a specific currency view. The course gives structure to the policy and flow data that can otherwise feel disconnected.
- A rigorous, fundamentals-led approach to forex, in my experience
- Macro-driven, not chart-driven, which suits how I think about currencies
- Understanding central bank policy differentials is genuinely useful
Who should choose the FX route
Choose PFTM if currencies are your main interest and you enjoy working with macroeconomic data. It is ITPM's most specialised course, going furthest on fundamental analysis, central bank policy and global macroeconomics as they apply to currency markets. It is not a course about chart patterns or forex signals.
When I would take PFTM
PFTM is the specialist currency course, with a deeper focus on rate differentials, positioning and the relationships between currencies and other asset classes. It can be taken for that specialism alone, while traders who have completed PTM will recognise the same top-down logic.
Fundamentals-led and detailed, so it rewards real study time
The depth is the reason the FX material holds up, and in my view the rigour is the value. The FX Carry & Positioning panel gives you current rate differentials and weekly futures positioning, so the theory always has live context to attach to.
Focused entirely on currencies, as a specialist course should be
If you want to trade currencies, that specialisation is the whole point. It also complements the PTM: the macro analysis carries straight across, and the discounts here apply to both if you want the pair.
If you enrol through this site
What you get with the PFTM
Core Workbench + FX Toolkit
Enrol in the PFTM through a link on this site and I'll add 12 months' access to the Workbench once ITPM verifies the referral: practical planning, sizing and review tools for your own trades. Enrolling in ITPM elsewhere doesn't qualify.


FX Carry & Positioning. Example data.
Core Workbench
Comes with any ITPM course, including IPLT.
- Trade Plan Card
- Position Sizer: free for everyone
- Trade Journal
- Plan Adherence Review
FX tool pack
Added on top of the Core Workbench with the PFTM.
- FX Carry & Positioning
- Macro Dashboard: free market context for everyone (email signup)
No extra charge and no separate checkout.
Current PFTM offer
Standard price $2,999 discounted price $2,099.30 with code pftmrich30pct, save 30%
12-month course access
You pay ITPM directly.
Ask Richard which course fits
Course questions come directly to me. Tell me what you already trade and what you want out of the PFTM, and I'll tell you whether it's the right one for you or whether another course is a better fit.
Prices, discounts and course terms are set by ITPM and may change at any time. Last checked 17 August 2026. Please verify the final price and terms at ITPM checkout.