What the difference between trading and forex ?

[Ridam 7455]

Under the trading subject the forex and Crypto trading falls. Forex simply means the trade in which pairs are of fiat currencies and other real commodities. And trading means the trade of any pair that may include Crypto or fiat.

If you mean to know about Crypto and forex trading difference the main difference is in Crypto trading you will find Crypto currencies and fiat in forex.

[DiamondBit 720]

On 7/30/2020 at 5:52 PM, ndadukun12 said:

Trading is the buying and selling in the forex market or cryptocurrencies.

Trading is not only buying and selling in the forex market only, trading means buying and selling generally. Anything you do related to buy and selling is trading. For forex, it is called forex trading in which you buy from one fiat to another. 

[Amr90 1064]

Forex is the global currency trading market,
In addition to some indices, stocks and cryptocurrencies,
As for trading itself, it is the buying and selling of assets to achieve capital gains regardless of the asset being traded.
I hope that the information was useful even a little.

[Abdalrazig 1865]

I think you would like to know about trading and forex platform, trading simply is to exchange one thing to another, in this case people exchange Crypto currencies, as forex you can say it the market where those people manage to exchange.

[adidas21rus 37]

What do we teach at the time of currency speculation?

When a person starts trading currency pairs on Forex platforms, they choose a trading tool and wait for the best moments to open an order. Until the order is closed, nothing will appear on the user's account.

If such actions are performed by a cryptotrader, the money from the trading account is not just debited/blocked, but automatically converted to another currency. And at any time, a person can simply take and withdraw these coins from the trading platform to their wallet. While the client of the Forex market, trading the same gold, does not receive grams of the precious metal to his account. It turns out that cryptotrading is a 100% conversion of money, and Forex speculation is an investment in the "void".

 

How difficult is it to trade?

As for me, learning cryptotrading does not cause difficulties for those who regularly track news on specific coins and tokens. While the analysis of trading in standard currency pairs sometimes even takes years, if there is not enough time for training. It turns out that Forex is more difficult to trade than crypto exchanges.

 

The ins and outs of learning

In 90% of cases, cryptotrading training is free of charge. I chose an exchange, bought a coin, waited for it to grow, and sold it. Everything!

So whether it's a simple Forex trading? If you don't learn to read at least an elementary chart of candles, you may not be accepted for trading at all. And you also need to learn to identify important news from secondary ones. This applies not only to the financial sector, but also to the political and meteorological sectors.

This is why all sorts of courses from brokers and successful traders are so popular. Out of habit, people are looking for similar training dedicated to digital coins. Although you can create your own cryptotrading strategies.

 

Withdrawal of profit

You can't withdraw money instantly from brokerage platforms. You have to wait 1-3 business days for your application to be processed. This is easier with crypto exchanges. I entered the wallet details, and in a few minutes the funds are already credited to the account.

 

Minimum Deposit amount

If on cent Forex accounts you can even operate with 10 dollars for the first time, then on digital expanses – this is a drop in the ocean. It's like allocating $0.10 for trading. Forex with 100 dollars can be safely studied, while the cryptocurrency market will not give good practice with this amount, because top coins are expensive.

 

Where will we get profit faster?

Having thoroughly studied trading, you can consistently get an average percentage of profit on Forex before the release of important news and persistent market fluctuations. For this activity, you can easily develop your own trading plan and earn money at your own pleasure.

But the strategy of cryptotrading, as for me, utopia. Here is a good example. Two weeks before April 1, one blogger wrote that you can safely buy Ethereum in dolgosrok at a price of $ 400/coin, in order to sell it for $ 740/coin in 21 days.

Could a person have foreseen that Buterin would make a witty joke, and popular social networks would massively introduce a ban on crypto advertising? No, I couldn't. The news came out, and the Ether rate rapidly flew down, unable to withstand the long-term strategy. As a result, the specified period has already passed, and the price has not yet approached the $ 700 mark.

 

Time limit

In order to make money on the Forex market, you need to not only allocate funds, study the theory, develop a trading strategy, and learn how to set stop losses. It is also necessary to determine the session: Asian, European, and so on. Yes, and on weekends, the expanses are closed, you will not be able to speculate.

Digital exchanges are another matter. They work around the clock 7 days a week. No special session should be selected. When it's convenient for you, then go to the market. Even at night, even on weekends or holidays. There is no time limit on these open spaces.

 

In end

If you are still in doubt whether to take up cryptotrading or not, then only practical action will eliminate your hesitation. Set aside a minimum of $ 200, top up your digital currency exchange account, and try buying and selling coins yourself.

[Clargee 35]

Forex is more dangerous than trading ,forex has margin and minimum deposits whiles trading  usually required a much bigger capital than what you would need to trade forex. 

[Amr90 1064]

Forex is a global market for trading foreign currencies, indices and commodities.
Trading is the process of buying or selling a specific asset on the Forex Market or in other markets such as Crypto.

[Ameralsamt 2558]

Trading in the Forex market in short is the trading of foreign exchange i.e. trading currency pairs against each other for profit and is the largest market ever in the world where $5 trillion is traded daily within this market. The cryptocurrency market is made by opening an electronic portfolio to trade, for example, bitcoin wallet and parting from other markets with its volatility, but it has become an advantage to make profits for those who have come to understand these risks well. 

[RoyalHouse01 9]

the trading and the forex both are the same because these are the way to make the trade, it is the way to make money online so you can learn any of them after that you can learn and earn do both things.

[maarcoferrer 1096]

Regarding this there is no difference with anything, there is none since Forex is the largest foreign exchange market in the world. And trading is the buying and selling that you do within the Forex market, so there is no difference, they are totally different things. Thanks to Cryptotalk for allowing to educate people who are starting in all this and to make as few mistakes as possible.

[Adrian Atiencio 156]

Hello friend I hope you are feeling great, there is no difference between forex and trading simply because forex is part of what is trading, forex is the market where all currencies are quoted, I really do not know what you mean.

[afez420 20]

Trading is just the verb of investing. Forex is a type of trading. Forex is foreign exchange meaning investing in currency rates. For example the dollar to the euro.

[Abrar1122 10]

I do not find much difference between both they both are a kind of training and him both you can earn and lose your money as well just the difference of the method of trading

[Malik jnb 704]

They are two types of trading one is forex trading and two is crypto trading. Both are risky . Without knowledge and experience you lose your money.  In my opinion crypto currency trading is less risky then forex trading . 

[EarnerPro 29]

Both are the trading kinds and the Forex trading is a bit fast in making money and it is perceived as well instead of the day trading which is too difficult most of the time.

[Umair786 33]

I do not find major differences between these two kind of trading but the day trading is easy to do than the forex trading and you can follow other people in day trading as well