Benefits of Trading Forex:
– **Liquidity**: High volume of trades ensures ease of entry and exit.
– **24-Hour Market**: Continuous trading opportunities across different time zones.
– **Leverage**: Allows traders to control larger positions with a smaller amount of capital.
Risks of Forex Trading:
– **Volatility**: Rapid price movements can lead to significant losses.
– **Leverage Risks**: While leverage can magnify gains, it can also amplify losses.
– **Market Risk**: Changes in economic conditions and geopolitical events can impact currency prices.