f.a.q

Forex (foreign exchange) trading is the act of buying and selling currencies with the goal of making a profit from changes in exchange rates. It is the largest financial market in the world, operating 24 hours a day, five days a week.

The amount varies depending on your broker. Some brokers allow you to start with as little as $100, but it’s generally advised to invest an amount you can afford to lose and manage your risk responsibly.

Yes, Forex trading carries a high level of risk due to the volatility of currency markets. While it offers opportunities to profit, it can also lead to significant losses. Using proper risk management tools like stop-loss orders and trading with discipline is essential.