Why Trade Forex
Why Trade Forex! Here are just a few reasons why so many people are choosing forex market:
No clearing fees, no exchange fees, no government fees, no brokerage fees. Most retail brokers are compensated for their services through something called the “bid/ask spread“.
Spot currency trading eliminates the middlemen and allows you to trade directly with the market responsible for the pricing on a particular currency pair. Why Trade Forex
No fixed lot size
In the futures markets, lot or contract sizes are determined by the exchanges. A standard-size contract for silver futures is 5,000 ounces.
In spot forex, you determine your own lot, or position size. This allows traders to participate with accounts as small as $25!
Great post. Forex is an international business and trader can only make profit from it if they have knowledge and skills. So every new trader must learn the basics of forex before start to become a real successful trader.
There are several reasons why investors should choose Forex . For starters, the forex market is the world’s largest market in terms of daily transaction volume, and it’s almost the most liquid. This market is highly accessible given that it’s open 24 hours a day, and investors interested in trading forex can make use of far more leverage than they could by trading stocks.
Forex trading is heavily monitored, and many Forex brokers are regulated by more than one authority. This shows that Forex is one of the safest markets to trade, although it only applies to regulated brokers.
There are some people who trade in the Forex market because they see it as a form of gambling and betting on the winning number. It really can be a lot of fun, especially if you win. And there are others who trade Forex just for the personal satisfaction of making a trading system work for them and coming out with the results they aimed for. We are always satisfied when we make the right choice and come home the winner.