What is the difference between Crypto & forex trading?

The big difference between forex and crypto when it comes totaxes is that forex traders have to choose ahead of time how they want their gains and losses treated, while all crypto trade is treated the same. It’s widely known within the forex trading community that the majority of traders lose money.

Is crypto-FX a safe broker?

Crypto-FX is an offshore broker. Your money is not safe. Crypto-FX is a forex broker that uses the MT5 trading platform. It does not seem to offer its clients different trading accounts. Unfortunately, the broker is not regulated, and that rises some serious issues, which we will discuss in the following review.

How do forex and cryptocurrency market structures work?

The forex and cryptocurrency market structures are mostly dependent on demand and supply, which have a bearing on how traders can negotiate on the price without the approval of government agencies. Trading forex and cryptos can be done over the counter (OTC) and or through an exchange or brokerage.

Why do crypto prices fluctuate so much in a single trading session?

This means crypto prices are highly likely to be affected by even the smallest of market movements, leading to significant fluctuations in a single trading session. Forex pairs, on the other hand, have high daily trade volumes with frequent movements within narrow bands.