New traders often lose money in the forex market. They need to use the proper money and risk management. Nowadays, brokers are also offering more lucrative offers to attract traders for forex trading. For example, my broker, Eurotrader, offers up to 1: 500 leverage, low spreads, swap-free accounts and takes no hidden charge, no commission, and much more.
Personally, I don't use a lot of leverage because I think that is more risky, but different people have different needs.
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