ilmscore | Forex Trading vs Stock Market | Which is better ? Trade with Purab

Forex Trading vs Stock Market | Which is better ? Trade with Purab

Published: 2024-10-25
Status: Available | Analyzed

Predictions from this Video

Total: 10
Correct: 0
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Topic
Status
Indian brokers currently exist that offer legal Forex trading.
"And there are Indian brokers who also provide legal trading."
Forex Trading Legality in India
Pending
Despite some legal avenues, Forex trading is ultimately not legal in India.
"But in the end, it is not legal in India, and the stock market is 1000% legal at 2000%."
Forex Trading Legality in India
Pending
The stock market is considered better for long-term investment compared to Forex.
"for long-term investment, let's assume the stock market is better."
Forex Market vs. Stock Market for Long-Term Investment
Pending
There is a prevailing desire for short-term wealth accumulation over long-term investment in today's market.
"But nowadays, no one wants to become rich in the long term. Everyone wants to become rich in the short term."
Forex Market vs. Stock Market for Short-Term Gains
Pending
The massive volume of the Forex market ($6 trillion daily) makes manipulation nearly impossible.
"But when it's $6 trillion, manipulation is close to impossible."
Forex Market Manipulation
Pending
Forex exhibits double the volatility of stock market futures and options.
"we have double the volatility in forex than we have in futures and options."
Forex Market Volatility
Pending
Forex trading offers leverage up to 100x or even 500x.
"in forex trading, you get 100x, even 500x leverage."
Forex Trading Leverage
Pending
While Forex leverage can reach 30:1 (300x), keeping it below 150x allows for good profits with reduced risk.
"using leverage, the maximum leverage is 30:1, which means it can be 300 times. But if we keep the leverage below 50, that is, below 150, then also we can book a good profit without risking a lot."
Forex Trading Leverage
Pending
A significant portion of Forex brokers are fraudulent, offering high leverage but withholding withdrawals.
"The rest will not give you withdrawals at all. They will give you 500 times margin, 500 times leverage, but there is no withdrawal."
Forex Broker Withdrawal Issues
Pending
The speaker favors 'Exchange' as a Forex broker due to its 15-16 years of market presence and a strong history of successful withdrawals.
"personally, my favorite is Exchange because it has been in the market for more than 15-16 years and it has a very good history of withdrawals."
Forex Broker Recommendation
Pending