Online forex trading

Discussion in 'Business and Economy' started by marsh, Oct 27, 2017.

  1. marsh

    marsh Kenya Active Member

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    Is it true that the online forex market is unregulated in most countries? I know that you don't need a website to venture into online forex trading but does it give you an advantage if you have one plus what are the other risks involved?
     
  2. Tigger

    Tigger United States Member

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    Having your own website does not give you an advantage in the forex market. Being educated about the currencies you are trading does. Hope that helps.
     
  3. tulip

    tulip Kenya Active Member

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    The common narrative out there is that you don't really need to know much before getting started; understanding the basics is enough. A lot of people start off with a demo account that doesn't involve real currency. I'm also curious to know the risks involved.