Forex Trading

[so98nn]

The really tragic thing here is that due to the inclusion of certain inexperienced traders, who are just here out of greed without any knowledge has led to an increased volatility in crypto trading. This increased volatility is unaccompanied by an increase in gains. So the profit to risk ratio is very disheartening this moment .

[Maxpips]

Forex is much harder to trade than Crypto, mainly because of how many different participants there are in the market.

Banks, Hedge Fund - basically private banks - Companies, Retail Traders, Mutual Funds, all these different players are actively involved in the Forex market, either to make money - in the case of Bands, Hedge Fund, Traders and Mutual Funds (Mutual Funds usually buy currency as a hedge for other risk) - or for business reasons - in the case of companies.

To trade Forex successfully you have to anticipate how all these different players are going to act/react to different events and then plan your positions accordingly. This is really tough 1. because of how many different players there are, and 2. because of all the different events and variables they react too, like economic news, speculative news, price rises and declines etc etc.

Crypto, on the other hand, only really two players:

Retail traders/investors - people like you and me - and Whale traders - traders who hold enough Crypto to exert a significant influence on the price. Some small companies probably buy and sell Crypto, too, but their influence is so much smaller than that of Retail/Whale traders there's no point taking them into account.

Having to anticipate how two sets of people react to different situations, as opposed to five like it is in Forex, makes Crypto much easier to trade than Forex, primarily because there's a lot less to learn and think about.

That doesn't mean it's easy though. It's still tough to learn everything you need to know to trade Crypto profitably, and there's a lot of variance in how people react to things, so it's not like you can predict what Retail and Whale traders will do all the time. But overall, once everything been taking into account, Crypto trading is significantly easier than Forex.

So if you had to chose between the two, I'd go with Crypto.

[kakonhat]

one day I was a forex trader yes you say the truth. Most of forex trader loser only a few traders there are gained. After taking cryptocurrency I saw this market is good enough than forex trading. Now I already suggested for Cryptocurrency market who would like to get a suggestion for investment. Now I feel good in Crypto trading than forex trading.

[manggis97]

Do you mean trading on crypto exchange of CCEX compared trading on forex market in MT4 platform?  actually MT4 platform has more trading tool than platform of crypto exchanges. I see now some exchanges does not have stop loss feature and this is very risky trading,  but in MT4 forex trading is available this function,  stop loss and trailling  stop. In my opinion both has the same risk,  now depend on the risk management of each trader.

[electronicash]

Do you mean trading on crypto exchange of CCEX compared trading on forex market in MT4 platform?  actually MT4 platform has more trading tool than platform of crypto exchanges. I see now some exchanges does not have stop loss feature and this is very risky trading,  but in MT4 forex trading is available this function,  stop loss and trailling  stop. In my opinion both has the same risk,  now depend on the risk management of each trader.

Did you check the advance option of the exchanges you think has no stop loss option?

If we could use MT4/5 in crypto I think its going to be a good platform but I think its going to very difficult unless they limit just about few coins to be traded with BTC. But then again its crypto, its pretty hard to just bet with pips because they price can swing wildly, you'd hit stop loss or margincall in no time when manipulated against the walls.

[Rupcrypto]

Forex trading is as much as risky but it is totally different from other trading. Forex trading is still better or good choice to get good profit earnings in Crypto world.

[asyakashi]

I read some comments and opinions about forex trading, currently I'm not interested because they are talking about big risks. even more dangerous than crypto trading.
maybe i did not hear a good part of forex trading.
I think crypto is more promising and I'm learning a better stage.

[Abeey4life]

Cryptocurrency is the best.

[GalahadSeika]

It's because forex is 100 percent base on economy while cryptocurrency is just a percentage based. That is why if the economic connected trades go down, the asset will also go down. That's the worst thing in forex. In cryptocurrency, only if the project had bad news, that's the only thing this go down. But forex is inversely proportional to cryptocurrency.

[richcorner100]

In my opinion between forex trading and crypto trading has the same risk. In forex trading we can minimize the risk by use lower leverage. And technical analysis is work better in forex trading than crypto trading. Make profit or get loss will be depend on risk and money management each trader.

[jcojci]

In my opinion between forex trading and crypto trading has the same risk. In forex trading we can minimize the risk by use lower leverage. And technical analysis is work better in forex trading than crypto trading. Make profit or get loss will be depend on risk and money management each trader.

I think the risk is bigger than in forex trading than crypto trading because we can lose in anytime and learn forex trading, it will more difficult than the crypto trading. we need to know more instrument to make an analysis on the forex trading but in the crypto trading, we can learn only one analysis which will help us to trade and determine the coin.

[capoeira]

In my opinion between forex trading and crypto trading has the same risk. In forex trading we can minimize the risk by use lower leverage. And technical analysis is work better in forex trading than crypto trading. Make profit or get loss will be depend on risk and money management each trader.

I think the risk is bigger than in forex trading than crypto trading because we can lose in anytime and learn forex trading, it will more difficult than the crypto trading. we need to know more instrument to make an analysis on the forex trading but in the crypto trading, we can learn only one analysis which will help us to trade and determine the coin.

what is that "only one analysis"?

[Davido1174]

C-cex is just a name of an altcoin trading platform. Forex however is a matured market that has a lot of institutional investors and their are quite a lot of traders that are losing money in every trade. Only a few people make money in trading as their are not greedy.

[enawati]

Forex trading can be more safe than crypto trading if we use low leverage and margin. But actually crypto trading promising higher profit because in bullish trend we can make profit 5 to 10 times just in amonth, but in forex this amount of profit is really hard to get it. Its better to have skill in both trading because in downtrend of crypto, we can make money in forex trading.

[el kaka22]

I just read some article about Forex trading. I read that 90% of traders in Forex Fail or lose their money and 10% are succeed and make a large profit.

I am just wondering if the Forex is better that C-cex  because as far as I know Forex is using Real amount rather a Real money and at C-cex is altcoins. So do you think trying the luck in Forex can make a profit or just stay at bitcoin trading? Luck and strategy is needed but what do you think is safer C-cex or Forex?

C-cex and Forex are same in some aspect so what? Cryptocurrency or real money?

I think it is not really that much weird for those rates. 90% / 10% seems as possible as it comes. Now think about it, some people are doing forex trading as a job, they work at a company that company gives him money, he trades with it, trying to make money for the company and so forth, these are huge financial companies we talk about, they hire a lot of those people to do trading for them in forex.

Now also think about regular joe, he wants to try his hand, he reads couple books maybe, maybe he knows names of couple indicators and what they do, and invests his 1000 bucks into it. Which one do you think is more likely to be wrong ? That is the difference between the 90% and the 10% , for the 10% its their jobs, for the 90% its their "tests".

[Labonikhatun]

Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world currencies trade. Because of Forex trading is the act of buying or selling currencies. Banks, central banks, corporations, institutional investors and individual traders exchange foreign currency for a variety of reasons, including balancing the market, I think all you need to get started is a computer with internet access and a trading account with a forex broker because currencies need to be exchanged in order to conduct foreign trade and business.

[gayan7788]

I have traded Bitcoin, Altcoins, gambled at Casinos and done forex trading with an aim of making massive gains but so far all have been disappointing
In today's competitive world , winning in anything doesn't come easy and needs careful execution and strategy yet without any assurance of winnings

[ncn1992vn]

Forex is not for people with skills and experience in an average.  Forex is the market and c-cex is a service offering altcoin trading. The market moving on Forex however is faster and huge due to the leverages which can amplify profit and loss in just a day.

[aervin11]

I just read some article about Forex trading. I read that 90% of traders in Forex Fail or lose their money and 10% are succeed and make a large profit.

SInce I dont have much idea about forex and pertaining to what the OP is saying, if the odds was true, then I'd better stay on crypto. If those 90% of investments would go to those 10% of traders, that's huge but I bet it's regulated unlike crypto.

[XIANNE25]

Forex trading and cryptocurrency trading are both the same, too risky and need learning.C-cex is a crypto currency exchange.. For me I am confident more on crypto trading than forex trading and I know many legit exchanges.  u can check them in coinmarketcap.