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Author Topic: Difference between forex trading and crypto trading.  (Read 591 times)
leonair
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January 09, 2026, 07:36:00 PM
 #61

I'm a crypto trader but not a forex trader. So I am quite curious how's exactly it differs from each other but since I was able to do local stock trading in our country which I don't like is that can only operate until 5pm and no weekends. Kek unlike in crypto you can do 24hrs. But as far as I heard that forex is different from local trading I wonder whats the difference and not just a description.
There are many differences between crypto and forex. Crypto is very volatile, so there is a lot of risk here, but there is also a lot of profit. But in the case of forex, it can be compared to gambling. Forex is a bit like trading the currency of another country with the currency of another country, but if the candle prediction is not correct, you have to lose money on the trade. I think it is more risky than futures trading. A friend of mine has made a lot of money by trading forex for a while. I saw him and did forex for a while, but what I understood there is that it is a kind of death trap.

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MinMan
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January 09, 2026, 08:09:40 PM
 #62

Forex indeed consume less data, heck I can even see it from their UI that often outdated and often resemble an old computer terminal.
Just how after years of making big profit these forex company don't even want to put an effort into making a better UI is beyond me.

Good thing at least many exchanges will come to the rescue so I can trade forex with better UI.
Sometimes it could be a strategy to keep the user at home. I mean, yeah better user interface does help and everything evolves, but I've noticed it does feel odd sometimes when you visit a website, for example, that has updated itself.

You don't feel the same way as you did before the update. One odd example is Stake Casino, they constantly change the look and makes subtle changes like changing the VIP icon and all that. They might feel they are improving the user experinece but as someone who is using the site for years, I find it odd and somehow not so worthy.

One reason I find crypto trading way better than forex is that the government is not so involved. Yeah, most exchanges require KYC but there are ways to bypass it. Some countries have absurd taxes on trading profits.

dannyatwork8
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January 09, 2026, 11:54:24 PM
 #63

Most altcoins are like national currencies of developing nations. They eventually lose value over the long term. 99.8% of them don't make it.
Alpen
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January 10, 2026, 01:34:50 AM
 #64

Forex offers higher and more consistent returns than the crypto market
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January 10, 2026, 02:37:58 AM
 #65

Forex offers higher and more consistent returns than the crypto market

Forex traders might agree with you, but cryptocurrency investor will certainly agree with this assessment. People choose this market because they believe that crypto is easier and offers higher return.

To be fair, every market has the potential to generate profit, and the rate of return depend on the trader not the market itself. Your profit will be determined by your knowledge and experience. If you do not have the right and sufficient knowledge, whether it is the forex market or crypto, you will never make a profit.

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