On a daily basis my WhatsApp, emails, social media inboxes are flooded with lots of Forex<\/strong> related questions. Some questions are simple but a bit tricky to respond too. Take for instance this question \u201cWhat is Forex trading?\u201d<\/strong>. That\u2019s the simplest question but it is impossible for me to respond to it over one chat because there is no one straight line answer to it.<\/p>\n\n\n\n OK, back to the topic of today. Today I want to answer the public regarding this question. Over the past few weeks, this question has been very popular, it keeps coming up. People are asking me if Forex trading<\/strong> will ever end or disappear.<\/p>\n\n\n\n These are the people who are following me and have probably read online about Forex trading<\/strong> and they are a bit skeptical. I am not great at convincing people regarding Forex trading.<\/strong> I am however very giving in terms of information and that is what I do best. People can then decide if my information is useful or not. <\/p>\n\n\n\n I will start by saying that whoever asks if Forex<\/strong> will ever end or disappear is clearly lacking information of what exactly Forex<\/strong> is all about. I also do understand why most people are confused. Most of the times when people see\/ hear the word “Forex”<\/strong>, words like scam, easiest way of making a quick buck without putting any effort, pyramid schemes etc quickly come to mind. It is simply because of how it is misrepresented by those who are involved in it.<\/p>\n\n\n\n I have published a blog post and tried to simplify it and answered some of the questions that you may have regarding this subject. You can check out the blog post HERE <\/a> before you continue reading here. Whatever that I am about to say will make more sense after reading the blog post mentioned above because you first need to understand what it is all about. <\/p>\n\n\n\n As long as there are different countries using different currencies, they\u2019ll always be Forex<\/strong>. It will always exist because Forex<\/strong> is all about exchanging money. We all participate in Forex<\/strong> in some way. When you go to the UK from SA, you won\u2019t be able to use your ZAR <\/strong>in UK. You\u2019ll definitely need to exchange your ZAR<\/strong> to GBP.<\/strong> That is now you, participating in Forex <\/strong>because you just sold your ZAR<\/strong> and bought GBP.<\/strong> <\/p>\n\n\n\n Forex<\/strong> market has no physical location where it takes place, but the exchange of money is something that happens daily via banks. I always say there are no stupid questions in my books and I mean it. I am glad that people are asking me this question more often and now I finally got a chance to sit down and pen this blog post responding to it.<\/p>\n\n\n\n As long as there are still Central Banks<\/a> and no universal currency, there\u2019ll always be Forex<\/strong>. Maybe the question should be around regulation and about whether it is legal or not. Ending or disappearing? I really don\u2019t think so. Is Forex<\/strong> trading even legal in South Africa? Find out Here<\/a> <\/p>\n\n\n\n Talking about regulations, please ensure that whatever broker you trade with is regulated. It can be an international Forex Broker<\/strong>, but it must also be regulated by the regulatory body in your country. I always prefer to use FSCA<\/a><\/strong> <\/a>regulated brokers<\/a><\/strong> <\/a> formerly known as FSB. <\/strong>This is for the safety of your funds and for your peace of mind.<\/p>\n\n\n\n Trading with unregulated Forex Brokers<\/strong> can be a cause for Forex <\/strong>trading to end or disappear for you when they disappear with your money, that\u2019s what they usually do. Otherwise, feel free to explore how you can make money through Forex <\/strong>trading. Should you need to be coached on that subject, you can enroll for my Private Coaching<\/a>. Thank you for stopping by and kindly share this post. <\/p>\n","protected":false},"excerpt":{"rendered":" Will Forex trading ever end or disappear?<\/p>\n","protected":false},"author":1,"featured_media":6465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[6,7],"tags":[258,88,259,215],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/learnfxtrading.net\/app\/wp-content\/uploads\/2019\/06\/question-mark-2123968_1280-e1560101331701.jpg?fit=1270%2C845&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbXWFt-1Gd","_links":{"self":[{"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/posts\/6461"}],"collection":[{"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/comments?post=6461"}],"version-history":[{"count":5,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/posts\/6461\/revisions"}],"predecessor-version":[{"id":6472,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/posts\/6461\/revisions\/6472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/media\/6465"}],"wp:attachment":[{"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/media?parent=6461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/categories?post=6461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/learnfxtrading.net\/app\/wp-json\/wp\/v2\/tags?post=6461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Why Do People Even Ask This Question?<\/strong><\/h4>\n\n\n\n
Will Forex end\/ disappear then?<\/h4>\n\n\n\n
Where Does Forex Takes Place? <\/h4>\n\n\n\n
Why Is It so Important To Trade With A Regulated Broker?<\/h4>\n\n\n\n