 |
Forex Trading Vurses Other Investments |
|
|
Submitted by Janeane Carnagie
| RSS Feed
| Add Comment
| Bookmark Me!
The forex market involves the trading of currencies and is the largest financial market in the world with an estimated daily turnover of $1.5 trillon dollars. This is 30 times larger than all the US stock markets combined. The forex market is open 24 hours a day 5 days a week.
Historically, the FX market was available mainly to major banks, multi-national corporations, and other wealthy participants who traded in large transaction sizes. Now, however, with the advent of the Internet and new technology, forex trading is becoming an increasingly popular investment alternative for the general public.
More and more investors are moving away from the traditional markets and turning to forex trading for many reasons.:
Earn a full time income from a part-time effort starting with as little as $300 in your account. Begin with a demo account until you feel comfortable opening a live account
Lower margin requirements for trading forex, usually about 1% which equal $1000 for a $100,000 contract. Compare this to the 50% margin requirements in the stock market.
No commission—when you trade stocks or commodities you have to pay brokerage fees.
For a forex trader, the spread is the only cost needed to cover.
Limited risk and guaranteed stops- when you trade stocks and commodities, your risk can be unlimited. With the forex market, stops are filled more easily- it is impossible to lose more than the amount of money in the forex account.
Because of the forex markets liquidity and 24 hour continuous trading, dangerous trading gaps and limit moves are eliminated. Orders are executed quickly without slippage.
Because the market is so huge, there is no possibility of someone controlling the market price, unlike the stock market which can involve insider trading.
Trading currencies is much simpler than stocks. There are only a few major currency pairs unlike thousands of stocks to analyze.
There are great opportunities in the forex market to make profits both when the prices go up or down.
Do you want to achieve financial freedom working from anywhere in the world with simply a computer and an Internet connection? Start to trade Forex today!!!!!
|
|
|
|
|
LinkedIn Recommendation:
 Lana Cicen - Project Coordinator at The Hope Financial Services, Inc - I had Teo help with my non-tech project I was working, which was a triage system for a construction company - all paper. Teo made it work more efficiently and explained how the new system could be upgraded into a computer program, which included inventory management online. I love this guy! Always one step ahead. I just hired him again make this our phase 2 project. If you are looking for a process guy, Teo is it! - March 17, 2012, Lana was Teo's client |
|
Featured [Currency Trading] Articles:
|
|
