Like trading any other financial instruments, people can make money in forex trading if the currency they buy appreciate in price against the currency they sold.
Trading forex through an FX trading platform provider or broker is usually done on margin. This means that you can open an account and enter an FX trade using a small percentage of your trading capital. The FX broker provides the leverage for traders to trade a bigger amount using a small portion of their money.
The important thing to remember about leverage is that it can magnify profits as well as losses. It is recommended that traders use a low level of leverage particularly if they are only starting out in forex trading.
We provide different levels of leverage for different types of traders. Using our trading platform, you can set the leverage level that you want for your FX trades.