Is forex a risky business?

Starmix

Popular
Member
Sep 2, 2022
30,056
3,695
Dex
$4.000
Raw Dex
$0.030
It's concerning that some brokers who prioritise their own profits over the well-being and success of their clients, especially beginners. That is unfair and unethical for brokers to encourage risky trading practices without providing proper warnings or guidance.
You said it right, there are brokers who abuse the new traders. Time comes they will be slapped by their own hands once those new traders become big traders.
 
AgoraForo - Digital Marketplace & Freelancer Forum

Nite

Notable
Member
Nov 13, 2023
1,226
36
Dex
$5.031
Raw Dex
$0.831
You said it right, there are brokers who abuse the new traders. Time comes they will be slapped by their own hands once those new traders become big traders.
Eventually, their dishonest actions will be backfired, and then they will lose the trust and respect of trading community.
 

Passiveearner

Notable
Member
Dec 28, 2022
3,239
204
Dex
$0.000
Raw Dex
$5.372
There are many reasons why Forex trading is so risky. The Forex market is incredibly volatile. In fact, it is so volatile that the value of currencies change withing a few seconds if you consider the actual value of currencies in digits after decimals.

There is no doubt that forex trading is a very lucrative investment, but it is also one of the most riskiest forms of investments out there.
It's very a risky business in deed. The brokers usually warn their traders to be aware of the high possibilities of loosing their whole capital prior execution of their trades.
 
Back
Top