Forex trading has drawn a lot of attention over the years, gaining popularity amongst the financially savvy. However, as more people try to find ways to make money from home or in their spare time, many inexperienced traders are exploring it as a way to earn extra income.

Thus, forex trading for beginners is gaining a lot of attention. Unfortunately, most don’t understand the complexities, while others take huge risks in the hopes of making large profits quickly.

If you’re looking at forex trading for beginners as a potential opportunity, consider it carefully. Here are five simple ways to get started without taking unnecessary risks.