There are many frequently asked questions when it comes to the Forex trading platform. Many people wonder if Forex is legal and it is not only legal all across the world, it also has been around for decades. Forex is typically traded by banks, corporations, hedge funds and investment managers. Forex is short for foreign exchange and surprisingly it’s actually the biggest financial market in the world. Finally, Forex traders keep all of their profits and can cash out once they make their profit.
- The largest financial market in the world, Forex involves buying and selling currencies.
- You can begin Forex trading with as little as $50 and you don’t need a college degree.
- It helps to network with experienced traders and to watch training videos.
“Bill Lipschutz, Warren Buffett, George Soros, and a plethora of others in the World’s Richest lineup are very proficient Forex traders.”
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