When it comes to the trading, you can have possibilities to face problem of loss. Every position eventually will be closed with a loss. Are you looking for the best way to overcome the loss? If yes, you are in the right place. Thus, in order to make money in Forex, just try by doing without trading. You can earn huge money in Forex trading even without opening any single position. Here are some of examples that how to make money on Forex without trading in 2020.
Be a trade broker
In order to make money in forex without actually trading, you need to be a Forex broker it means connecting the buyers and sellers in the stock market. In the olden days, when computers were just in star trek, brokers uses just pencil, papers, and phone. They used to call to the dealers in banks, and try to find the opposite ideas and expectations. Sometimes, they will say lies to dealers to make good profit. The small fraction of the trade amount, but without any risks includes counterparty risks. Counterparty risk is nothing but taking risks your counterparty will not pay the fee sometimes, so your risk will be increased at the same time. However, in order to reduce the risks work with regulated banks.
Be a consultant
Are you looking for the ways to earn money and invest in Forex without trading? Be a consultant in the trading industries it means, there is no need to investment any amount in trading, just give suggestions or advise to buyers and sellers and get your payment from them. However, you are advised to get your fees before goes anything wrong. It is because, nothing is permanent in Forex trading and anything will happen within a minute so it is better to get your fee before occurring anything wrong.