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Questions tagged [foreign exchange (fx)]

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Sun Jan 12 2025 | 6 answers 1636

How do Foreign Exchange (FX) brokers operate?

I want to understand how Foreign Exchange or FX brokers conduct their operations. I'm curious about their business model, the services they offer, and the overall mechanism through which they facilitate currency trading.

How do Foreign Exchange (FX) brokers operate?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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