Is Forex a good investment?
Is Forex a good investment? CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Even I’ve never seen a Forex trader who has been able to make a living like this. Currency trading is not an easy way of making money and making a living. So check where your broker is registered and make sure that it’s not something like St. Vincent or Madagascar. I it is, make sure that like JustForex, they have an EU license too (JustForex review). If you will only rely on luck and intuition, you will most likely lose. Forex is very ruthless, especially if you are using leverage, so you need to know what you are doing. Luckily, there are great newb-friendly Forex trading strategies like Price Action trading and “Lazy River” scalping. ...