Advantages of Forex trading

#1

Forex is an acronym for Foreign Exchange Markets. Forex is also represented by the symbol FX which is a familiar term among investors, bankers and stock brokers across the world. The Foreign Exchange Market or currency market is a global, decentralized market for trading of currencies. The principal participants in the FX market are major international banks.

Financial centers around the world offer buyers and sellers a convenient platform for trading in currencies. In addition, the FX market operates on several levels.

The unique advantages of FX trading.

  1. 24 hour market
FX trading operates on a 24/7 basis except for weekends. Trading around the world begins when the markets open in Australia on Sunday evening and closes when markets end at New York Stock Exchange on Friday evening.

  1. High Liquidity
Liquidity is when you can easily change an asset into cash with minimum price fluctuations. In the forex market, transactions can easily be carried out by moving huge lots of foreign currencies in and out of the market with least price fluctuations.

  1. Low transaction cost
The cost for a transaction is added with the price i.e. the buying price of the currency. This is known as a spread – the difference between the buying price and the selling price.

  1. Leverage
The leveraging factor is the ability to trade more money in the market than that which is actually available on the trader’s account. Forex brokers allow traders to make profits on the leveraging factor. If you are allowed to trade on a leverage factor of 50:1 ratio it means you can trade for $50 with $1 capital available on your account. You can control a trade volume of $50,000 with just $1000 worth of capital.

In order to be able to buy and sell foreign currencies, you need to open a Forex trading account online. For every FX currency you buy, your account will be credited with the same amount. For every FX transaction you carry out in terms of selling, the corresponding currency will be debited from your online Forex Account. The profits you gain will be wired directly into your account through Paypal.

  1. Profit potential from rising and falling markets
You can trade freely in the market as far as your potential goes. If you believe that the price of a currency will increase, you can buy it or go long. Increased currency price indicates you can sell it at the increased price. You can make up for huge profits by trading on volumes. However, if you believe that the currency value is going to fall, you can sell it or go short.

Seasoned stock traders can make huge amount of profits and even become overnight millionaires. On the other hand, if you desire huge amount of profits and start trading without following the tricks of the trade you can also end up losing a lot of money. Therefore, you should always be cautious while you are operating in the Forex market or stock market.
 

radex78

Active Member
#2
So many advantage forex trading, but beside forex trading giving many benefit also forex included as high risk high gain, sometime as marketer only show positive edge of forex business but hidden risky in forex, as trader of investor in forex market will possible losing money, and how to making money here required good skill
 
#3
certainly a lot of profits that traders can get in this forex trading business if the trader already has the ability and good understanding, and traders also do not forget that this forex trading business also has a very high risk, so it would be good that traders understand and manage trading properly, in order to run a good trade and can generate profits.
 

radex78

Active Member
#4
Forex trading still promising, although this is included high risk high gain, but still so many new trader they come to joined in forex trading, in addition now so many broker making campaign promotion, making forex business become more popular and become reliable business as source income
 
#5
These are the advantages of forex trading:
1. The forex market is the largest and most liquid of the financial markets.
2. Daily activity often exceeds $4 trillion USD a day, with over $1.5 trillion of that conducted in the form of spot trading.
3. Forex spot trades consist of a contract to trade a given amount of a currency pair derivative with a market-maker, at the advertised buy / sell price (the spot rate).
4. It is the existence of volatility within the forex market that enables trader's to take advantage of exchange rate fluctuations for speculative purposes.
5.Traders must be aware that greater volatility also means greater risk potential.
 

radex78

Active Member
#6
For me that making interest in forex because we can treat as part time business because forex trading is also risky business and any trader can losing money in trading because lack of knowledge and experience, with treat forex as part time hence we can trading with comfortable because not has tension must making profit
 
#7
The biggest advantage of trading in currency pairs is that traders can earn some really high returns which is not possible with other financial securities. Some other advantages are leverage, flexibility to trade anytime as this market is open 24 hours. Forex trading is highly risky, traders should always first learn about market then began to trade here.
 

radex78

Active Member
#8
Yes however forex business still promising unlimited source income, which in trading we can making money if already having good skill, one advantage forex trading also now as part time trader they can making automatic trading using robot, and market open 24 hour giving good opportunity to making profit anytime
 
#9
Forex trading has now become widely famous around the world within the last few decades and nowadays many people are still do not know about the main profit of forex trading-
1. Accessibility - An investor can start trading Forex with a relatively small amount of capital and this is truly one of the main benefits of Forex.
2. Liquidity - Forex is a highly liquid market in the World. Why is that? Because there is a constant supply and demand for money.
 
#10
You can trade openly in the market the extent that your potential runs with the directed and solid broker called TenkoFX. In the event that you trust that the cost of a currency will build, you can get it or go long. Expanded currency cost shows you can offer it at the expanded cost. You can compensate for tremendous benefits by trading on volumes. In any case, on the off chance that you trust that the currency esteem will fall, you can undercut it or go. This is the means by which you can exploit forex trading.
 

radex78

Active Member
#11
Forex market is the biggest market if compared with another market, forex is giving potential source of income for living, but forex also included as risky business, without good learning hence usually will facing with failure, so spent money that afford to lose is golden rules investing money in forex market
 
#12
We can consider the best broker which always ensures a wide range of trading technologies. And any kind of best trading broker does not restrict any kinds of trading techniques with scalping and hedging. they for all time ensure best trading environment for using any kinds of trading strategies by providing lowest trading spreads as well as minimum margin requirements.
 
#13
Forex is the most liquid market in the World. Why is that? Because there is a constant supply and demand for money. One of the benefits of Forex trading is that the market is open 24/5. This means that you do not have to adjust your schedule for the market opening hours, as you can trade all day long. In normal market conditions you can trade out of your positions with ease, as there is a near constant supply and demand in the Forex market.

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#14
It is very much difficult to recommend at any brokers, because there are almost thousands broker in online retail market and most of them are found to be scams. From all we can choose the broker which is regulated and make sure a wide range of trading technologies.
 
#16
Well, Forex is advantageous. Any legitimate business that brings money is advantageous. Forex does that on a regular basis, for everyone trading across with world. I was introducted to Forex in 1998, and since then it has been a huge source of income.
 
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#17
I favor fixed spreads because I don’t know any advantage of floating spreads. Well I think floating spreads may cause trader to make bad entry, especially buy entry.
 
#18
In the world Forex is the most liquid market. Because for money there is constant supply and demand. The market is open for 24/5 which is one of the advantages of Forex trading. To trade in this most versatile market
 
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#19
Without having a reliable support from a credible trading broker that’s not possible at all to lead a comfortable trading life with certainly despite of good trading knowledge , so, choosing a broker is very difficult task, it would be great if we choose our brokers according to our trading understanding , should choose the broker that is more appropriate to the concept of trading that will be used,
 
#20
According to our trading experience we the traders select our trading strategy. Actually credible trading broker does not restrict any kinds of trading strategies with scalping and hedging we should choose this kinds of brokers.