The foreign exchange (Forex) market is the most liquid financial market in the world with traders including large banks, central banks, institutional investors, currency speculators, corporations, governments, other financial institutions and retail investors with continuously growing daily turnover and estimated to reach $10 trillion per day by 2020.

In the Forex market, unlike the stock market that trades shares of companies or the commodities market that trades commodities, real currencies are traded. The goods of the foreign exchange market are national currencies of different countries of the world.

Between April 2007 and 2010, forex trading increased by 20% (around the same time as the financial crisis) and has more than doubled since 2004 and the increase in turnover is due to a number of factors including but not limited to others:

· The growing importance of forex as an asset class;

· Increased trading activity of high-frequency traders;

· The rise of retail investors;

The increase in Internet access and the increase in Internet speeds around the world.

One of the particular reasons for the rapid explosion of the forex market is electronic trading through internet-based portals, which has made it easier for retail traders to trade the market. This easy access to the foreign exchange market has made it possible for the average trader (or investor) to trade currencies. However, despite the fact that the forex market is such a huge market with huge profit potential, the huge forex market is like the dangerous sea where you can meet sharks and be eaten, lose your investments and go to bankruptcy. At the same time, you could make $1,000,000 of a $1,000 investment in 14 days. As good as it sounds, statistics clearly show that 95% of traders post a loss in the market, 5% make a profit, and less than 1% actually make huge fortunes. In the recent past, forex has been portrayed as very easy but in truth; It is not. Today’s high could turn out to be the start of losing a fortune tomorrow morning, and this market is a place where newcomers are prone to making the same mistakes over and over again, multiple times.

It’s like the big open sea with lots of sharks and unlimited earning opportunities, but you should never forget for a minute that the “monster” sharks are waiting for you.

But now you can trade forex without risking losing your hard earned money.

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