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Yes, it is possible to lose more than the initial amount you invest in Forex trading, including when using Forex5 or any other trading platform. This is primarily due to the use of leverage, which can amplify both profits and losses. Here’s how it works:
To mitigate the risk of losing more than you invest:
Forex trading is speculative and involves a high level of risk. It’s crucial to have a clear trading strategy, practice sound risk management, and continuously educate yourself about the forex market to make informed and responsible trading decisions. If you are new to forex trading, consider seeking advice from experienced traders or financial professionals before getting started.