Is FX trading high risk?

Could you please elaborate on the risks associated with FX trading? I've heard rumors that it's quite volatile and potentially dangerous for investors. Could you clarify if these rumors are true? Also, I'm curious to know if there are any strategies or safety measures that investors can adopt to mitigate these risks? I'm considering getting involved in FX trading but want to ensure I'm fully informed about the potential downsides. Thank you for your time and assistance in this matter.