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To invest money in forex market you need to learn it. You have to make profit by your own. You will have to take all the trading decision. Profit and loss will depend the ability and skills you have. But yeah for online trading you need a good broker.
You can also start trading on your demo account, but this will give you a basic knowledge of trading. In any case, you will earn and lose money in this area. It is important to leash the ratio of profit and loss.
@AliaDare we know knowledge and skills of our own to get profitable. A good broker can provide support but making profit is our own job. We need to have knowledge and skills of trading and a good control of our mind.
Investing in Forex involves sufficient risk. You must have enough knowledge about trading, money management skills, patience, knowledge about that market and market conditions, right choice of broker and passion for trading.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.
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