Business
Life as a Professional Multi-Asset Trader & Portfolio Manager: Meet Elliot Hewitt

The profession of trader is often portrayed in Hollywood with references that go from the Wolf of Wall Street to The Big Short or even Wall Street. But what is it really like to live as a professional trader in 2020? We’ve asked Multi-Asset Trader and Portfolio Manager Elliot Hewitt.
Elliot Hewitt is a full-time trader based in London, living between Monaco, London and Panama that gathered experience in the institutional side of Finance (Investment funds in London) and on the retail side. His career as a pro trader started from a passion for Finance at a very early age and he reached his first major success at the genesis of Brexit where he profited big from short selling the British Pound which crashed more than 12% in a single day. In this recent interview, we look into the life of this professional trader, the myths, the ups and the downs.
Do you enjoy being a trader and do you find it fulfilling?
“I could honestly not wish for a better job. This is what I wanted to do as a kid, and it is how my life turned out to be. I could talk about financial markets for hours if you let me. The way I see my job as trader is similar to that of a pirate but with more financial data and mathematics: You see I basically spend my days looking for clues and hints into where trading opportunities could be, like a treasure hunt. Once I have gathered all the information and have made my research I can go ahead and take that risk to earn that potential reward. Now, the downside that I recognise being a trader is you need to be comfortable with loneliness. Trading is a very solitary practice; you may feel disconnected from your entourage, but you need to stay strong because stability of mind is key to success in this field” explains Elliot. “Now in order to break the loneliness of my job I have actually created a community of profitable traders that have gone through my rigorous training and with whom I exchange on a daily basis on a virtual trading floor. This has made my career as a trader so much more fulfilling knowing that I have impacted many lives through my programs and through my social media @youngtraderwealth. Reading testimonials from student traders is something I am very proud of.”
Is being a trader stressful and could you lose everything you have?
“Emotions and psychology are a key part of trading that you need to master. In fact, the emotional side is more important than the technical knowledge of trading. The reason why so many traders lose usually comes down to psychology and an incapability of managing one’s emotions. This can of course lead to stress especially when you start mixing other emotions such as managing OPM (other people’s money) or getting into a losing streak that affects your mind. However, the image most people have of traders is that it is a very risky job where you could essentially lose everything you have in a single day and then jump off the highest building in New York. Well sorry to break the myth but that’s not how things work. A major part of being a trader is managing risk. My job is really about finding opportunities that offer positive risk to rewards. So, for me to lose everything I have I would need to ignore all my risk management knowledge and essentially break all my established rules to go all in on a single trade. Professional traders generally don’t do this. This is a mistake beginner make and at that stage you most likely don’t have much to lose. This is why starting to trade financial markets with no real training is so dangerous.”
Do you have a lot of free time and/or take many vacations?
“When it comes to free time, I must say there is a huge difference between working in a financial institution and trading for yourself. Trading for a financial institution such as a fund is very time consuming; you need to be at the office to prepare for the London session open so generally that means 7am at your desk and you end the day between 6pm-9pm depending on the day knowing that you will always have a colleague that stays longer than you do. You see when you work for an institution, there will always be something to do as you are literally getting paid for your time there so the company will try to squeeze as much juice out of you” explains Elliot. “However, working as an independent retail trader is another story. You get to be your own boss which has so many perks but in exchange you need to be self-motivated and self-disciplined to succeed. As of right now, I trade independently and thus can take some time off whenever I wish depending on my earnings of course. My career allows me a level of freedom that is hard to grasp and understand for the majority. I can essentially move residency whenever I want, I can go to Bali and continue working from my hotel, I can arrange my week to only work 2 days, I can make last minute plans in the middle of the week and I can spend my week ends however I want as financial markets aren’t even opened. This is the reason why I am able to live in between residencies in Monaco, London and Panama City and avoid any winter months haha.”
How much money do you make and in your opinion is Hollywood’s caricature of traders accurate?
“My earnings will vary depending on the month’s profit but is on average nicely positive every month. Consistency is key as a trader and I would usually only have one losing month in the year and maybe two mega months where the real cash is made. In terms of how much money I make every month, I prefer to stay discrete, but I can say that I don’t have to worry much about my finances and am able to satisfy my desires and impulses. Now caricatures made by Hollywood movies are exactly that, caricatures. So, the wild parties, the eccentric hobbies and the drug addiction issues are simply some vices and excess people with money can get into, but I don’t think it is specific to traders. Excess is a rich person’s weakness. Just turns out traders generally do make quite a bit of money.
Instagram: @youngtarderwealth
Twitter: @youngtraderwlth
Website: www.youngtraderwealth.com
Business
Remote Professionals Getting More Value for Their Work Thanks to Borderless Banking

Not too long ago, the idea of working remotely from an island in Thailand or a co-working space in Berlin sounded like the kind of fantasy only tech moguls or backpacking freelancers could afford.
Fast forward to today, and it’s as good as a global reality. Millions of professionals have cut the cord from traditional office life in exchange for flexibility, freedom, and a work-life balance that fits their personal rhythm and not their employer’s timezone.
However, as remote work has reshaped how people earn a living, it’s also pointed out the existing limits to most of the world’s financial systems. Traditional banking simply wasn’t built for a workforce that’s always on the move, operating in multiple currencies, and getting paid across borders.
Thankfully, that’s where borderless banking like Black Banx have proven vital, and has quietly transformed the way money is managed for people vacationing and working overseas alike.
The Rise of the Remote Work Economy
Remote work isn’t just a pandemic-era trend that faded with Zoom fatigue—it’s become a defining feature of the modern workforce. A recent survey revealed that over 39% of Gen Z and Millennials planned to live and work abroad for extended periods this year, many staying six months or more in a single location. That’s beyond a short trip, and can be considered as good as a sabbatical with a substantial lifestyle shift.
According to recent estimates, the digital nomad economy now also contributes as much as US$787 billion annually to the global economy. And this isn’t just entry-level gig work. A third of digital nomads earn between US$100,000 and US$250,000, while another third take in US$50,000 to US$100,000 annually.
It is indeed evident that the manner in which many make a living has changed. Unfortunately, most financial systems haven’t kept up.
Where Traditional Banks Are Still Falling Short
For those who have ever tried to open a bank account abroad or receive payment from a foreign client, they already know the drill: the paperwork is endless, delays are frustrating, and the fees? So much to do, even for the smallest amounts of money.
Just to name few of the hurdles remote workers still face with conventional banking:
- Account setup restrictions: Need proof of residence, tax IDs, or a local job offer—things many digital nomads simply don’t have.
- Slow international transfers: Payments can take days to process, which is a nightmare when rent’s due.
- High foreign exchange fees: Currency conversions often come with steep, hidden costs.
- Limited multi-currency support: Most banks still force users to operate in a single currency, making financial planning chaotic at best.
And perhaps most tellingly, many banks have digitized their operations but haven’t personalized their services. According to Accenture’s 2025 Banking Trends Report, while digital transformation has improved efficiency, it often sacrifices the customer experience. That’s not great news for people who live outside the lines.
Borderless Banking for Professionals Across the Globe
The concept of borderless banking goes far beyond wiring money internationally. Fundamentally, it’s also about being able to eliminate the friction between people and their money, no matter where they are in the world, and maintaining an ecosystem where geography, bureaucracy, and currency don’t stand in the way of financial freedom.
A working example of this is Black Banx, a Toronto-based fintech founded by German billionaire Michael Gastauer. Since launching globally in 2015, it has grown to serve over 78 million clients in 180+ countries as of Q1 2025, proof that people take to digital banking solutions when it is accessible, affordable, and is useful in just about any locale.
In the first three months of this year, Black Banx had also earned US$4.3 billion in revenue and US$1.6 billion in pre-tax profit, more than double from the same quarter the previous year and showing it has consistently delivered tangible value to global customers—remote professionals included
How Borderless Banking Maximizes Value for Remote Workers
1. Instant Account Access—No Strings Attached
The times of hunting down local branches or collecting endless documents just to open an account are finished. With borderless banks, users can open an account in minutes using just a photo ID—no proof of address or income required. That’s a lifesaver for anyone living outside their passport country or hopping from one location to another.
2. Multi-Currency Mastery
Managing money in multiple currencies used to mean juggling several accounts—or worse, losing money on conversions. Borderless platforms like Black Banx support 28 FIAT currencies and allow real-time currency conversions at competitive rates. That means remote workers can:
- Invoice clients in one currency
- Spend or save in another
- Hedge against local currency fluctuations
- Avoid excessive conversion fees altogether
3. Seamless, Real-Time Global Payments
Getting paid late, or paying others late, isn’t just inconvenient; it can damage relationships and disrupt your cash flow. With real-time payment support, remote workers can receive funds instantly, no matter where their clients are. This is particularly valuable for freelancers and entrepreneurs juggling multiple contracts across time zones.
Plus, bulk payment features and API integration streamline processes for those running teams or businesses.
4. Built-In Crypto Options
It isn’t surprising that many digital nomads are already deep into crypto. Whether it’s for investment, faster transactions, or avoiding traditional finance red tape, crypto is becoming essential.
Since 2016, Black Banx has allowed users to send, receive, and convert crypto (like BTC and ETH) within their accounts. That integration saves users from having to manage separate crypto wallets, and adds another layer of flexibility to their financial toolkit.
5. Secure Transactions
Remote workers often log in to work from cafés, coworking spaces, and airports, to name a few. Of course, this flexibility of being able to work almost anywhere should never come at the cost of security. Borderless banks like Black Banx use end-to-end encryption, AI fraud detection, and two-factor authentication to keep accounts safe from risky elements.
Financial Freedom, Not Just Convenience
Perhaps the most overlooked benefit of borderless banking is the freedom it provides. Not just to access money, but to fully participate in the global economy. For millions of professionals in underbanked regions like Africa, Latin America, Southeast Asia, borderless banking has become a gateway to financial inclusion and a way to take on opportunities that typically wouldn’t be available to them if not remote.
By removing barriers to entry, platforms like Black Banx empower underserved individuals to both take control of their finances and increase their earning power by working with companies from higher paying markets. This democratization of finance isn’t just good for individuals, it’s good for the global economy as a whole.
As Black Banx CEO Michael Gastauer put it: “Our multi-currency solutions enable businesses to tap into global talent without worrying about payment complexities. We make cross-border transactions as seamless as local ones.”
The Road Ahead
By 2030, the number of digital nomads worldwide is expected to soar past 60 million, according to the Forbes Technology Council. That means tens of millions of workers will be navigating foreign currencies, time zones, and financial systems—all while expecting the same seamless experience they’d get at home.
Indeed, remote professionals aren’t just looking for places to work—they’re looking for systems that work for them. In a lifestyle built on flexibility, traditional banking is proving too rigid, too slow, and too expensive.
Borderless banking services like those offered by the likes of Black Banx, on the other hand, offer exactly what today’s global workforce needs: instant access, multi-currency support, real-time payments, crypto integration, and enterprise-level security—all in a streamlined experience.
-
Tech4 years ago
Effuel Reviews (2021) – Effuel ECO OBD2 Saves Fuel, and Reduce Gas Cost? Effuel Customer Reviews
-
Tech6 years ago
Bosch Power Tools India Launches ‘Cordless Matlab Bosch’ Campaign to Demonstrate the Power of Cordless
-
Lifestyle6 years ago
Catholic Cases App brings Church’s Moral Teachings to Androids and iPhones
-
Lifestyle4 years ago
East Side Hype x Billionaire Boys Club. Hottest New Streetwear Releases in Utah.
-
Tech7 years ago
Cloud Buyers & Investors to Profit in the Future
-
Lifestyle5 years ago
The Midas of Cosmetic Dermatology: Dr. Simon Ourian
-
Health6 years ago
CBDistillery Review: Is it a scam?
-
Entertainment6 years ago
Avengers Endgame now Available on 123Movies for Download & Streaming for Free