Are Forex accounts insured?
I have traded shares for years and want to open a currency account as well.Is this money is protected at all? I look at OANDA …. do not know a better business? Thank you.
Forex trades are done on a very thin margin, and you can lose your entire investment or make large gains due to leverage. Nobody will insure this kind of speculation. Nothing really happened traded trades in futures. For every buyer, there is no short selling, so it is a "Zero sum" game.
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