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Forex Why forex is popular?

Discussion in 'Forex Forum' started by Robert D, May 23, 2020.

  1. Robert D

    Robert D New Member

    Joined:
    Mar 28, 2020
    Likes:
    0
    Location:
    UK
    The primary reason is that there are numerous people with an entrepreneurial soul that are hoping to accomplish phenomenal ways of life with their explanatory abilities, market information and fortitude. Another important reason is the easy access to the market. With the advancement of information technology, people can access to it from anywhere in the world. I am also a forex trader. At present I am trading options at [removed]. They give wide range of facilities to its customers.
     
  2. IDPA

    IDPA Active Member

    Joined:
    Jul 7, 2015
    Likes:
    34
    I thought it was because it was an easy way to spam every gambling forum on the planet from the safety of your basement computer several times a day on every single thread ever published.

    Can't believe most of the forums even allow the Forex threads which are all just bot based postings with a chance to get your favorite "broker" mentioned for a piece of the affiliate pie.

    What a complete waste of bandwidth.

    Luckily I'm stuck offshore for a few more hours and had some time to kill.

    I
     
    Nathan Detroit likes this.
  3. Diego San

    Diego San Member

    Joined:
    Dec 10, 2019
    Likes:
    2
    Location:
    US
    Forex trading is risky and sometimes unpredictable, but it's also an attractive point for some traders. Unpredictability and volatility in trading create opportunities, which can help to make a profit. The forex market is the largest market in the world, allowing people to trade anytime, anywhere. So, if you're new trade or thinking of starting, should know the benefits of Forex trading.
     
  4. cluedupcity

    cluedupcity Active Member

    Joined:
    Jul 6, 2017
    Likes:
    36
    Location:
    U.S.
    For a new trader it would be better to stick to trading a companies' stock and one moreover that pays dividends and where is a fair bit of volatility. But the most important thing is to trade something where the numbers cannot wipe your account. Forex is risky because the price moves are sharp and ups and downs swing wildly with trends not lastly long.
     
  5. Nathan

    Nathan Member

    Joined:
    May 6, 2022
    Likes:
    1
    Location:
    Marseille
    I agree with you, a lot of persons are coming into the market and the more persons come in, the more popular becomes in the world. And am sure it will be generally accepted all over the world sooner or later.
     

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