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Have You Ever Tried Forex?

Twinflower

Twinflower

New Member
Verified Member
How much money could you earn with it?
 
RedSky

RedSky

New Member
Verified Member
Forex trading is based on foreign currency exchange and your profit in this case is strongly connected with the current prices for them. Considering how fast and unpredictably they can change, your profit can vary greatly during different months and in this case such trading has much in common with cryptocurrencies. Because of that I can say that it's possible to earn some money with Forex but becoming very rich with it is mostly a rare thing and you should be lucky with good prices for this :)
For earning money you should know basic principles of trading in the forex market, there's enough info about this in net (sadly there's no good help inside the system for beginners). You need to understand the currency price quotes, arbitrage and the leverage system of trading. The other important thing is finding a good and safe broker https://www.dailyforex.com/avatrade/avatrade-review/804-b, unfortunately this is the main scam problem for Forex, scam is very widespread among brokers. Because of that never work with unknown brokers, always check all avaliable information about them, especially reviews from other real clients and the fine print of the documents when opening an account. Also it's better always to start from a mini account, if everything is ok later, then you'll be able to continue to work successfully with this certain broker.
 
FredrickVWilson

FredrickVWilson

New Member
I think that Forex is not stable enough and you do not have enough chances to make a profit from this kind of earning money. And, of course, it can't be considered as the main source of income. As for me, I prefer esport betting for the results of CSGO matches. It is also not so stable and it does not mean that if you bet using different predictions made by specialists that you will win in any case. Betting is like a lottery in some questions but it also depends on your skills and experience. The best way you use to analyze different data, more chances you have to win money.
 
Petrocovalli

Petrocovalli

New Member
In my opinion, Forex trade is one of the most optimal ways to make money and develop your business. The thing is, you need to have a good broker company for your business to stay "afloat". I've worked with one broker company founded by Ildar Sharipov Their office is quire well-known among other international trading companies and they always set the bar high.
 

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