Spurred on by my successful algorithmic trading, I dug deeper and eventually signed up for a number of FX forums. (Yes, even compared to crypto, forex is generally considered to be safer and more profitable.)Ī few years ago, driven by curiosity, I took my first steps into the world of algorithmic trading in forex by creating a demo account and playing out simulations (with fake money) on the Meta Trader 4 trading platform.Īfter a week of “trading,” I’d almost doubled my money. But you might not be aware that it’s the most liquid market in the world. It has been modified to include recent sources and to align with our current editorial standards.Īs you may know, the Foreign Exchange (forex or FX) market is used for trading between currency pairs. Editor’s note: This article was updated by our editorial team on July 21, 2022.
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