Is forex trading and crypto trading the same

[Sukii]

I would really want to know if forex trading and crypto trading can be used interchangeably
And if the rules that apply to forex trading also applies to crypto trading

[Gurujebs]

I would really want to know if forex trading and crypto trading can be used interchangeably
And if the rules that apply to forex trading also applies to crypto trading

Forex trading has been in existence for decades and crypto trading for everything from it. Any analytical techniques you see that  are been developed today in trading are there before crypto came but the emergence of crypto makes more developers to create some indicators specially for crypto due to its inherent volatility and demands.

You can see alot of forex investors both retailer that have been in forex for years without much profit are now doing the both, they trade crypto assets and forex stocks to get the money from the market simultaneously.

[_act_]

I would really want to know if forex trading and crypto trading can be used interchangeably
And if the rules that apply to forex trading also applies to crypto trading

The calculation in forex is very different from crypto trading. Crypto trading is simpler to understand. But both are easy to know but not easy to make money with them. They are both risky and have similarities except how they calculate the profit and loss. Crypto does not make use of lot size but using leverage. They are both leverage. But if you want to learn both, you have to learn it individually. Although if you know one already, to understand the second would be far easier.

[jeraldskie11]

I would really want to know if forex trading and crypto trading can be used interchangeably
And if the rules that apply to forex trading also applies to crypto trading

The calculators in forex is very different from crypto trading. Crypto trading is simpler to understand. But both are easy to know but not easy to make money with them. They are both risky and have similarities except how they calculate the profit and loss. Crypto does not make use of lot size but using leverage. They are both leverage. But if you want to learn both, you have to learn it individually. Although if you know one already, to understand the second would be far easier.

I agree. If you don't know how to calculate your stop loss in forex you will risk your port or maybe it will always hit your stop loss. This is what we called risk management and this is necessarily to learn if you to be a profitable trader both in crypto and forex. But in terms of trading strategy they are both different, we can't use the strategy we used in crypto to forex as well as forex to crypto because they are both different market. In crypto market, most alts are relying on Bitcoin but in forex all the pair have different characterisctics.

[bayu7adi]

I would really want to know if forex trading and crypto trading can be used interchangeably
And if the rules that apply to forex trading also applies to crypto trading

The calculators in forex is very different from crypto trading. Crypto trading is simpler to understand. But both are easy to know but not easy to make money with them. They are both risky and have similarities except how they calculate the profit and loss. Crypto does not make use of lot size but using leverage. They are both leverage. But if you want to learn both, you have to learn it individually. Although if you know one already, to understand the second would be far easier.

Is there a minimum limit that we need to prepare to buy forex? Like when we buy stocks where we have to buy a minimum amount of stocks so that they can be traded....
And is forex almost the same as binary trading that olymptrade offers?? I really don't know the details about forex and I've never been curious because I'm used to cryptocurrency.

[JISAN]

I would really want to know if forex trading and crypto trading can be used interchangeably
And if the rules that apply to forex trading also applies to crypto trading

As far as I know crypto trading and forex trading are not the same but two types of items are traded in two places.  In crypto trading, digital currencies are traded but in forex trading, fiat currencies of different countries are traded.  And another thing is that in case of crypto trading you can buy and hold a coin for as long as you want but in case of forex you have to take a trade on a specific time.  However, since the value of fiat currency is not very volatile, the risk here is much less than crypto trading.  Both are the same thing as trading but they differ a lot in terms of rules and risk

[electronicash]

Forex by default is where you have leverage that amplifies your profit and your loss while in crypto you have the option to only trade on spot market.  there are exchanges that offers futures derivatives in crypto where you are given also the leverage to trade.

its risky but satisfying when you know how to win. so far its harder to do this in crypto because o volatility while in forex, the price is much stable. a slight changes like less than a cent, you can already earn hundreds.

[Findingnemo]

I would really want to know if forex trading and crypto trading can be used interchangeably
And if the rules that apply to forex trading also applies to crypto trading

The concept is same but things are pretty different from forex trading and crypto trading from the strategies used, amount needed, the platforms and everything.

Crypto trading is far better than forex trading in my opinion, you get to make profit more with the volatile nature of cryptos but in fiat it's almost stagnant so you need huge capital to make small returns but everyone has their thing and some chose to do both.

[milewilda]

I would really want to know if forex trading and crypto trading can be used interchangeably
And if the rules that apply to forex trading also applies to crypto trading

Yes, when it comes to indicators and other tools on which you would be making use in the chart then it would really be just that the same.

The thing that differs here;

1. Volatility
2. Fundamentals
3. Profitability

You would be able to notice it out on the moment that you do trade on both sides. There's so much difference when it comes to movement
and profitability. One of the reason on why some forex traders do transfers to crypto is that making money is much more faster here on crypto due to that
volatility but of course it would same goes on how fast you do blow up your account too. 

[albon]

Forex trading is similar to cryptocurrency trading, as both are talking about trading each currency. But forex has been in the trading market for longer than cryptocurrencies. Forex brokers decide the trading platforms that traders can use. Most brokers offer MT4, MT5 or ctrader, while others offer custom platforms suitable for beginners.
Crypto trading means the trading of cryptocurrencies or digital currencies for other assets, such as digital currencies btc, eth etc.
Finally it can be said that in order to do any trading you need to do adequate amount of research. The more you practice trading, the more experience you will gain in the market.

[Captain Corporate]

Forex has very very tiny movements in normal sense, you can't just buy euro and exchange back to dollar and make a profit from it. So leverage is the only way to make any kind of money and we all know that its a very high risk when we are dealing with something like this as well. So all in all I have to say that we are going to end up with something that is getting a greater return in crypto without much trouble. I know that it feels like its a great risk when we deal with something big like this, but at the end of the day its something that we can make some profit form when the time comes as well.

[erus]

I would really want to know if forex trading and crypto trading can be used interchangeably
And if the rules that apply to forex trading also applies to crypto trading

~snip~
You can see alot of forex investors both retailer that have been in forex for years without much profit are now doing the both, they trade crypto assets and forex stocks to get the money from the market simultaneously.

That means those who are experienced in Forex must also have assets in crypto to trade and profit from, is that right?
Until now, I actually don't know what Forex is and maybe I've only heard about it briefly but didn't look further into Forex. I also got information about Crypto from Telegram and until now I'm still comfortable in the crypto circle rather than having to know about Forex..

[Fivestar4everMVP]

I would really want to know if forex trading and crypto trading can be used interchangeably
And if the rules that apply to forex trading also applies to crypto trading

From my little experience, they are not exactly the same but that depends on the type of crypto trading you are comparing forex trading with, like we have spot trading in crypto, and also have margin, which some or most refer to as futures trading.

Spot trading in crypto is very unique and can't be compared with forex trading since trading rules on both are completely different.
But then on the other hand, futures trading in crypto is kind of in resemblance to forex trading and I think some forex trading rules can actually work on futures trading in crypto, but I have always advised traders to choose one of this and stick to it, if forex trading is what goes for you, choose it and stick to it, if trading futures in crypto is it for you, choose it and stick with it, don't try to mix the two, it can lead to confusion and loses.

[Gposas]

With my little knowledge about Forex and Crypto, Crypto trading is more easier to understand than Forex.
Crypto provides different trading options like Spot, Margin (Isolated and Cross), and Futures trading.
Spot being the basic and easiest to comprehend depending on the exchange platform you decide to use as a trader. Just all about placing a buy or sell order and wait till it fills.
Margin trading, very similar to spot but has a feature of leveraging (borrowing) more funds to increase capital strength.
Futures, is compared to Forex being the most complicated and the easiest way to make huge profits and great loss.
That's why it's always advisable to get depth knowledge on trading (forex in especial) before going to trade and also trade as much as you can afford to loss to avoid health issues.

[KingsDen]

Two different questions in one. Let's handle it this way;

I would really want to know if forex trading and crypto trading can be used interchangeably

No, Forex means different thing from crypto.
For(Foreign)Ex(Exchange), bigger and wider than crypto trading which is relatively new

And if the rules that apply to forex trading also applies to crypto trading

Yes, almost same rules for all volatile assets trading.