Is forex considered high risk?
I'm wondering if forex trading is considered a high-risk investment. I've heard mixed reviews about it and would like to understand the general perception in the financial community.
Why does forex have a bad reputation?
Many people believe that forex has a bad reputation due to its high risks, volatile market conditions, and the presence of unscrupulous brokers and scams that have led to significant losses for investors.
Can you start forex with $1000 dollars?
I'm considering starting forex trading, and I'm wondering if it's possible to begin with just $1000 dollars. Is this amount sufficient to enter the market, or should I aim for a higher initial investment?
What is 0.01 lot price in forex?
I'm trying to understand forex trading and have a question about lot sizes. Specifically, I want to know what the price of 0.01 lot represents in the context of forex trading.
Who buys forex?
I am curious about who typically purchases forex, or foreign exchange. I want to understand the types of investors or traders who engage in this market and their motivations for buying and selling currencies.