Crypto: Digital currencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), etc.
Forex: Government-issued currencies like USD, EUR, JPY, GBP, etc.
2. Market Type
Crypto: A relatively new, decentralized market using blockchain technology.
Forex: A long-established, highly liquid global market regulated by central banks and financial institutions.
3. Trading Hours
Crypto: 24/7, including weekends and holidays.
Forex: 24/5, closed on weekends (starts Sunday night and ends Friday night).
4. Volatility
Crypto: Highly volatile — prices can swing 10% or more in a single day.
Forex: Less volatile — major currency pairs usually move in smaller, more stable ranges.
5. Regulation
Crypto: Lightly regulated or unregulated in many countries; varies widely.
Forex: Tightly regulated by financial authorities (e.g., FCA, CFTC, ASIC).
6. Liquidity
Crypto: Lower liquidity compared to forex, though improving.
Forex: Most liquid market in the world (especially for major currency pairs like EUR/USD).
7. Leverage
Crypto: Leverage offered, but usually lower and more risky.
Forex: High leverage is common (up to 100:1 or more), but regulated brokers may limit it.
8. Technology & Platforms
Crypto: Traded on crypto exchanges like Binance, Coinbase, Kraken.
Forex: Traded on forex platforms like MetaTrader (MT4/MT5), cTrader, etc.
Summary Table
Feature | Crypto | Forex |
---|---|---|
Asset Type | Digital coins/tokens | National currencies |
Market Hours | 24/7 | 24/5 |
Regulation | Light/unregulated | Heavily regulated |
Volatility | Very High | Moderate |
Liquidity | Lower | Very High |
Leverage | Lower, varies by platform | High (depending on region) |
| FOLLOW THIS LINK ON BELLOW👇 QOORCENTER |
0 Comments