The bank that gives you 499 euros per 1 euro of your own money

Thousands of Romanians have been attracted in the past few years by the mirage of the big gains you can make in a very short span of time via Forex transactions, which offer the benefit that you can conduct transactions several hundred times larger than you could if you used only your own money.
Brokerage firms that intermediate forex transactions allow investors to do margin trading. So, for one euro brought by the investor, the broker credits the client with 99 euros or even with 499 euros in certain cases. This way, investors' profits, as well as their losses increase hundreds of times because the broker basically supplies almost the entire amount used in the transactions. In this way, Romanians ended up trading several hundred thousand euros' worth of foreign currencies on the international markets.
The name "forex" encompasses all the world's foreign exchange markets and allows investors to bet on the appreciation or depreciation of a currency against another.
"The Forex market is enormous, it's practically the biggest financial market, which means it is very difficult to manipulate. So technical analysis is applicable on this market and there are no liquidity problems for the major currency pairs. Trading platforms are easy to use, but unfortunately there is a very high risk that goes with it, the forex market being one of the most difficult financial markets," says Luca Dezmir, an eager Forex trader.