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What risks are associated with forex trading?

cooldude

Member
AfriCoin
-220
For every sort of business that one engages in, there is a measure of risks. There are a number of risks associated with forex trading as well. The forex market is highly volatile, and prices can change rapidly. This means that you can potentially lose a lot of money very quickly.
Secondly, forex trading involves leverage, which can magnify your losses. Thirdly, forex trading is a complex and risky activity, and there is a chance that you could make mistakes and lose money. Forex trading is not regulated, which means that there is a risk of being scammed most especially by the brokers. All these shows that forex trading has its own risks as well.
 
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