What is Forex Trading

Forex Trading is the business of trading currencies that is foreign currency trading or exchange. The Forex market is also the oldest existing market because as long as two countries traded with each other, they needed their currencies exchanged.

If you live in the United States and would like to travel to Europe, you’d have to exchange your $$ for Euro right? That’s forex in real life. Until a few years ago, the Forex market was closed to private individuals. Only governments, banks, large hedge funds, and other wealthy institutions were allowed to trade in this market.

I will only show you the ways in which you can start investing in forex right away without really having to learn forex trading. Later on, I will create a separate course on how to trade forex in the nearest future. For now, let’s focus on how to invest in forex trading.

How Much Should You Invest In forex?

Forex is a trillion-dollar market. Some make fortunes and some lose their life savings. It’s a two-edged sword.

I am hoping you do not get on the wrong side of it. And if you have lost money to forex in the past, then you need to make changes to how you approach forex trading.

Most people would scare you away by asking; how much are you willing to lose? Do you know why they are asking such questions? That’s because of the platitude that forex is highly risky. But they stand corrected because forex is not a game but a real business.

Forex is not as risky as popularly believed; the traders are the risky ones. Every business has its own risk and forex trading is no different.

Are you okay with this?

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