Thank you for this question. I had to do a “Google Search” to see exactly what “Forex Trading” is. Forex trading is “The buying and selling of global currencies. It is how individuals, businesses, central banks, and governments pay for goods and services in other economies. Whenever you buy a product in another currency, or exchange cash to go on holiday, you’re trading forex.” Without going into a lot of detail, it differs from the Stock or Commodities markets in that “there is no central exchange as the New York Stock Exchange or London Stock Exchange, forex prices are determined by interbank trading—the buying and selling of currencies between banks constantly, all over the world.” It is also “much larger and highly liquid and dynamic since prices change rapidly in response to news and short-term events” (which can be more profitable but also more risky).

There are godly believers who say that trading stocks, commodities or currencies is equivalent to “gambling” (which relies on pure luck), while other godly believers say it is a scriptural form of using money God has given you to provide for the future if you make “wise investments” in the process. They use the parables in Luke 19:11-27 and Matthew 25:14-30 to justify investing money as a good form of STEWARDSHIP. I personally believe that gambling (at a casino, buying lottery tickets, betting on a sports team, etc.) is NOT Biblical for in essence you are “trying to make money fast with a high risk of losing it.” This is using money that the Lord has allowed you to have for selfish motives and for having more money so you can buy more material possessions. Scripture condemns this in Matthew 6:19 and 1 Timothy 6:8 & 10, “Do not lay up for yourselves treasures on earth…For the LOVE OF MONEY is a root of all kinds of evil, for which some have strayed from the faith IN THEIR GREEDINESS.”

The real question is, “Can a believer invest in various markets with good motives and is it a form of good stewardship?” The parables referred to above (which I would encourage you to read) would suggest that the answer is “Yes.” Besides those parables, the book of Proverbs provides us with wisdom regarding using money which, I believe, could include investing it in the future to provide for the necessities of life (NEEDS not GREEDS). We read in Proverbs 6:6-8 and 21:5, “Go to the ant, you sluggard! Consider her ways and be wise, which, having no captain, overseer or ruler, provides her supplies in the summer and gathers her food in the harvest…The plans of the diligent lead surely to plenty, but those of everyone who is hasty, surely to poverty.” These passages instruct us against LAZINESS, but they also teach us to “provide for the future.” They may be done by setting aside money we have earned through honest labor, but it could also include investing money wisely. As you may know, investing can be very risky (like DAY-TRADING) but if one uses money in LONG-TERM INVESTMENTS, it could be profitable, especially if one is consulting with a wise financial advisor. A good financial advisor will steer you to more “conservative investments” that may not yield as much profit but they also have very low risk.

There is one passage that some use to contradict any form of investing your money. I’m speaking of Matthew 5:25-34 where we read in verse 25 & 33, “Therefore I (Jesus) say to you, do not worry about your life, what you will eat or what you will drink; nor about your body, what you will put on. Is not life more than food and the body more than clothing…But seek first the kingdom of God and His righteousness, and all these things shall be added to you.” While these verses SEEM to teach us “NOT to provide for the future” (as we saw above), I believe the Lord is simply emphasizing the “sin of WORRYING about the future” and being “OVERLY OCCUPIED with the necessities of life.” Scripture never contradicts itself so we must look at all these passages in their context and then we will see how to “strike the RIGHT BALANCE.”  (DO)  (635.1)