Topic 1 - What is FOREX?

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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work for you and against you as well. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss in excess of your initial investment. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.