Should I treat my fx account as a savings account?

<p id="isPasted">I would not recommend treating your FX account as a savings account. There are a few reasons for this:</p><ul style="margin-bottom:0cm;" type="disc"><li style="margin-top:0cm;margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:&quot;Calibri&quot;,sans-serif;background:white;">FX trading is risky.&nbsp;There is no guarantee of profit, and there is always the potential to lose money. If you are using your FX account as a savings account, you are putting your savings at risk.</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:&quot;Calibri&quot;,sans-serif;background:white;">FX markets are volatile.&nbsp;Currency prices can fluctuate wildly, and even small movements in the market can result in large losses. If you are using your FX account as a savings account, you could see your savings dwindle quickly if the market moves against you.</li><li style="margin-top:0cm;margin-right:0cm;margin-bottom:7.5pt;margin-left:0cm;line-height:normal;font-size:15px;font-family:&quot;Calibri&quot;,sans-serif;background:white;">FX accounts are not FDIC-insured.&nbsp;Unlike traditional savings accounts, FX accounts are not FDIC-insured. This means that if your broker goes out of business, you could lose all of the money in your account.</li></ul><p>If you are looking for a safe place to store your savings, I recommend using a traditional savings account at a bank or credit union. FDIC insurance protects your savings up to $250,000 per depositor, per account ownership category, in each insured bank.</p><p>Of course, if you are comfortable with the risks involved, you can use your FX account as a savings account. However, I would recommend only doing this if you have a long investment horizon and can afford to lose money.</p>

<p>Wow, there is a sure thing in Forex Trading? Tell us about it. I don't find it necessary to make a deposit every month. Just grow and withdraw your winnings until you only trade with market money. Now your risk is zero. Remember don't throw good money after bad money.</p>