Hello.
I'm quite new to this FX world and I'm loving it. I was attracted by those flashy ads about Binary Options but later found out that people confused it with betting. I heard that FX is the most liquid market in the world, so I thought maybe it's far from betting.
I am too young to start trading but I plan to educate myself as much as possible and have a drive for working hard at it. I just had a few questions before that.
1. How does FX differ from Binary options?
2. How does FX work?
3. How is it legal?
4. If FX defines the buying and selling of currencies, how do we lose money?
Thank you very much for reading.
I'm quite new to this FX world and I'm loving it. I was attracted by those flashy ads about Binary Options but later found out that people confused it with betting. I heard that FX is the most liquid market in the world, so I thought maybe it's far from betting.
I am too young to start trading but I plan to educate myself as much as possible and have a drive for working hard at it. I just had a few questions before that.
1. How does FX differ from Binary options?
2. How does FX work?
3. How is it legal?
4. If FX defines the buying and selling of currencies, how do we lose money?
Thank you very much for reading.
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