Is Forex a good investment?

Foreign exchange (forex) or currency trading is a global market that's incredibly liquid, with an immense daily trading volume. As is the case with many investments, forex trading is not for the faint of heart or the inexperienced trader. That said, the forex market has some unique advantages over other markets after you've learned the ropes.

What are the advantages and disadvantages of forex trading?

One of the biggest advantages of forex trading is the lack of restrictions and inherent flexibility. There’s a very large amount of trading volume and markets are open 24 hours a day, five days a week. With that, people who work nine-to-five jobs can also partake in trading at night or in the morning.

Why is forex trading so popular?

Forex trading is far more common due to the market's high degree of leverage, liquidity, and 24-hour accessibility. Forex traders typically use shorter-term strategies to capitalize on frequent price fluctuations in currency pairs.