A growing number of everyday investors are turning to foreign exchange (FX) trading, joining a market once seen as exclusive to professionals. Inspired by trade war volatility, social media, and online courses, retail traders like Samantha Greer, a lawyer from England, are making sizable bets on currency movements.
However, FX trading is a zero-sum game where one trader’s gain is another’s loss, and many retail traders face steep risks, especially when borrowing heavily through leveraged contracts. Experts warn that most amateur traders lose money, yet the allure of big wins keeps the market buzzing worldwide, especially outside the U.S. Retail traders must balance enthusiasm with discipline to navigate this challenging arena.