Is forex a risky business?

Starmix

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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.
 
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Passiveearner

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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.
 
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