It’s often said that in Forex, there are winners and losers.
But what happens when you lose money in Forex? Where does it go?
It’s important to understand that Forex is a zero-sum game.
That means that for every winner, there is a loser.
So when you lose money in Forex, it goes to the person or institution on the other side of your trade.
In most cases, that will be your broker.
Your broker doesn’t want you to lose money, of course, but they do make their money by taking the other side of your trades.
So when you lose, they win.Of course, not all brokers are created equal.
Some are honest and reliable while others are not.
So it’s important to do your research and choose a broker that you can trust.
But even with a good broker, there are no guarantees in Forex.
You can always lose money if you make bad trades or if the market moves against you.
So it’s important to always risk only what you can afford to lose and to never lever up more than you can handle.
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