Forex Account
how can i find a reliable forex account manager?
As a student, i have $100 to invest and i’ll like to know what the interest rate is like.
I am confused by the question.
Forex has to do with Foreign Exchange of currency. You invest in Forex in order to make money on the changed in exchange rate between two currencies. Typically it is highly speculative and only for people who can afford to lose a lot of money.
Interest rate is the money that you earn when you save money, either in a savings account or buying bonds. This type of investment does not earn a lot of money, but the risks are very low.
Different countries with different currencies may have different interest rates but again, once you go into foreign currencies, the risk of losses really goes up.
As a student, I think you should save your money in your home currency and in a reliable savings account initially; once you have saved enough to live on for several months, in case of emergency, than you can start to invest in other means.
Forex Account | Forex Trading Account
