Is forex world wide business?

[baby_trader]

I heard that Forex is a world wide business and we can earn a lot of money from Forex and it is almost in every country of the world. Forex is a legal business and it is spread all over the world. Plz give your opinion at this.

Yes Forex is world wide. You can earn a lot of money from it, but you need to invest a lot of money in order to earn a lot of money. Also, you have to be disciplined and learn a trading strategy which you will use every time you trade. Without money management you will never be successful in the long run. You need to how much money you want to risk/trade.

Hope it was helpful

 

[Agustin Rogers]

Yes, unquestionably forex is a wide-reaching business where currency exchange traders can engage in currency translation from anywhere around the world. A person will require an internet enabled laptop or android with a specific amount of money along with a good trading platform to get in touch with the market. With the advancement of technologies, number of electronic brokerage houses is increasing. And anyone from the different parts of the world can engage in forex trading very easily with the help of forex brokers now a day.

 

[lucy warren]

Yes that’s the beauty of it! Forex is all over the globe. People who trade in forex are present in different countries and they can trade in currency of any country. All you need is sufficient knowledge about economic climate of the country whose currency you wish to trade in, an internet connection and a reliable forex broker. However forex trading can be imposed with certain restrictions in some countries so be careful of that.

 

[alexmarian]

Ofcorse forex is worldwide business and any one having right tools like internet and MT4 can do this business. There are more traders on losing side and that is a fact but the profit potential is so huge that newbies just rush things and burn their money.

 

[Addam]

Yes. Forex is a worldwide business. I have never heard a country which has banned forex trading. Everyday, billion and billion of dollars are traded everyday. I don't see any country putting any regulations or limitations on forex.

 

[TrapLok]

Yes. Forex is worldwide. The reason for it is that forex trading only requires any two currencies of the world. You can trade with anyone of them. You don't have to worry about its limitations. Just keep on trading and share your experiences in it.

 

[Desacete]

Yes, forex is a world wide business. It is legal in majority of the world. Anyone with a healthy brain and a laptop can deal with forex. There is no discrimination with any nation, race or religion. The playing field is equal for everyone.

 

[Whitesnake]

That is the most advantageous part of the forex trading business that one can invest in the forex market and make good amount of money with the freedom of location. Work with dedication and reap great benefits.

 

[TrapLok]

Yes, forex trading is a world-wide trading business. It is reported that almost $1.5 trillion are traded everyday. You can see the potential through this stat. The best thing about forex trading is that it requires only two currencies to carry out the trade.

 

[Etedus12]

Given the number of people engaged in trade, this can well be called a business with world domination. The main thing is that you treat it this way and study the market accordingly, and not just trade by sight.