![]() Market risk and counterparty risk are all too real in the forex market and so adequate knowledge is required before venturing out to trade. For every dollar you make, somebody somewhere has lost a dollar. Almost 80-90% of the retail forex traders lose money. ![]() However, once you enter the forex market as a retail trader, the risks are the same irrespective of what part of the globe you are located. ![]() This is done in the form of contracts such as Contract for difference, (CFD) that lets you benefit from exchange rate changes in the currency, without actually owning the currency. Forex Trading is regulated in New Zealand by Financial Markets Authority, and you can trade via FMA regulated forex & CFD brokers.įorex Trading involves buying a currency by selling another, from your trading account, and waiting for the exchange rate to appreciate, and then you sell.
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