Community Forex Questions
Is Forex expensive?
Forex trading does not require a lot of capital. In fact, it is one of the least capital intensive professions where presence of mind, strategy, dedication, and discipline of mind are essential skills. In a short period of time, smart traders can multiply a small capital of $100 into a very large sum of money. The emotional response, however, usually puts the capital of the trader at risk. This profession is very difficult to succeed due to the extensive use of leverage and the neglect of risk management techniques. Leverage and bonuses make it easy for ordinary people to enter the profession without worrying about capital requirements.
I do not think that you can say it is as it depends on the individual trader. You can start off with very little capital in fact. However it is important that one is a good money manager by making sure that the money that is invested is handled with care and responsibility so that losses are prevented and eventually more money can be made, and additional funds invested.
Forex trading is a complicated yet popular way to invest, but you may be wondering if it is too expensive. The answer to this question can vary depending on your personal circumstances and how you plan to trade. Many people find that forex trading is the most cost-effective method of investing because it involves less risk than other more traditional investments. However, if you are just starting out with building your portfolio, the commissions might be higher than other less risky investments.

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