If you have to ask those questions, I suggest you keep your money in a bank. Forex trading isn't for the novice.
I know. But it is better to have your money than to lose it. Trading currency is for the professionals. I suggest you consider investing in equities. But laws vary considerably around the world. So you need to understand local law and understand the risks before you begin investing.
You are right. Unfirtunately, only a few people realize the essence of this basis. First of all, I am sure, you are happy to enjoy the results of work provided by the professional in any area of people life. But, anyway, you will have the result if you follow the recommendations provided by the high level helper of reliable software.
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where are you now ? is sex with random strangers whom you meet on the street safe ? there is your answer banks make money from trading they don't want you taking their business or doing it for yourself without them taking a large percentage of your profit while also charging you a fee for every transaction AND another fee for having the account basic business practice who pays for police if someone steals all your money ? me ? why should my taxes go to pay for your stupid choices where you have had your money stolen ? you can do almost anything from an android phone trading money basic safety needs encryption software that means a special app which is monitored by a security company or bank and which encrypts your data before you send it and then de-crypts it when it arrives in the trading server platform anything less than that opens you up for hacking to have ALL your money stolen most big banks offer monitored apps they will also cover a lot of your stolen money for you, for free. but you will find they charge fees for things as crypto opens up globally there will be a lot more people trying to avoid using expensive bank controlled encrypted systems that will cause hundreds of millions in losses for them and those same selfish Ass hols will try and demand children's education & health care money be taken from them and spent on policing their stupid gambling habits if you want to gamble its much safer going to a casino where you are least likely to be robbed you only have around a 2% chance of winning but you have a 95% chance of not being robbed using non encrypted systems to move money increases your chance at being robbed over time exponential risk to create complete failure then you will demand to take my health care taxes and spend them on policing your gambling, then i will want to start thinking about genocide & while some types might be a great idea 96k encryption would be absolute minimum most governments can crack that if they want to & take all your money but they don't want to, its bad for business. once criminal organizations get hold of quantum computers everything will be very different you can kiss goodbye to crypto currency and digital money use then & only physical cash will have any real value and the world will be turned back to around 30 years ago to todays level of digital money use Forex sites for on site in server forex trading is mostly a big lie nothing is real time they cant afford the security level & monitoring required so its all post dated holds on transactions and money while they take a fee and a cut or say they wont take a cut but thy always charge a fee and collect the interest on short holds & liquidity values depending on the forex site some may have very poor security allowing anyone to hack your profile & then trade your money into their own stock then collapse their company through some partner 3rd party app small forex sites will make it all your loss big bank backed forex will probably cover your loses as long as you don't break the rules a lot of people want all the gains without any of the risks but still want to be able to gamble and be the king of the world it doesn't work like that but that is still how a lot of people want it and will try and demand it