UNIJOS MTL COMMUNITY

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@joy280 - 1 month ago
Hi everyone! I'm new to trading and just getting started. Excited to learn from this community!
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@wavey_ - 1 month ago

Is Arbitrage the same as Forex?

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@pisces03 - 1 month ago
Quoted - wavey_

Is Arbitrage the same as Forex?

No, arbitrage is not the same as Forex trading, although they are related.

Forex trading: You buy and sell currencies to profit from changes in their prices. Example: You buy EUR/USD at a low price and sell when the price rises.

Arbitrage: You take advantage of a price difference for the same currency or asset in two different markets/brokers at nearly the same time, buying where it's cheaper and selling where it's more expensive.

So, forex is a type of trading market, while arbitrage is a strategy that can be used in Forex and other markets.

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@peterty - 1 month ago

No. Arbitrage is not the same as forex

Forex = profit from price movement.

Arbitrage = profit from price differences between markets.

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@peterty - 1 month ago

Abitrage for example if a coin is selling 1000$ in bitget and you move it to another wallet that is selling 1500$ that's abitrage

But as for forex you predict whether the price will go up of ๐Ÿ‘‡ ๐Ÿ‘Ž down

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@spunky - 1 month ago
Quoted - wavey_

Is Arbitrage the same as Forex?

No arbitrage is not same as Forex trading

But it do happen in Forex trading

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@wavey_ - 1 month ago

If mentored properly, with free $20 will you rather do FX or arbitrage

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@peterty - 1 month ago

As for me ๐Ÿ˜… I will go for the both

I will use 10% for forex and 10% for abitrage trading

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@peterty - 1 month ago

Or I will reather go for forex trading instead of abitrage trading

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@peterty - 1 month ago

Or I will reather go for forex trading instead of abitrage trading

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@redmi14c - 1 month ago
Hi everyone! Excited to join the conversation.

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