Some Great Benefits of Forex Trading

Some Great Benefits of Forex Trading

Submitted by adil on Thu, 02/28/2013 - 06:02

Forex�is one of the largest financial markets in trading business. There are many advantages and benefits the Forex Trading provides to its customers. Following are the reason why people choose it among other trading services in the market:

1. A 24 Hour Market

   Forex provides services all around the world. Hence trading facility is available continuously as long as market opens somewhere in the world. As a routine process trading starts when the trading market opens in Australia on Sunday evening, and ends in New York on Friday after the markets close.

2. High Liquidity

   It provides high liquidity by issuing quick cash without any price deduction. It provides a large number of money movements into and out of other currency with the minimum price.

3. Low Transaction Costs

   In Forex, cost of the transaction is included in the price. It is also called as a spread. Spread provides the difference between the selling price and buying price.

4. Flexible Leverage

   It offers you to trade with more money on the market than the money you have in your account.

5. Profit Potential from Rising and Falling Prices

   The Forex doesn�t provide any restriction on directional trading.

6. No Commissions

   Forex doesn�t charge for clearing fees, brokerage fees, government fees and exchange currency fees.

7. No Middlemen

   It provides online trading facility which eliminates the middlemen interference and allow customer to trade directly with the global market for the pricing on a specific currency pair.

8. No Fixed Lot Size

   The Forex provides you the facility to choose your own lot or position size. This can be benefited to the customer who can participate with smallest account value.

9. No One can Corner the Market

   As it is the foreign based trading marketing company, no one can control over the prices for a specific period of time because of the large number of participants available across the world.

10. Free Stuff And Demo Account

    Online Forex Brokers�have the facility to setup “demo” accounts for practice in trading and building your skills with real-time environment of Forex news and charting services.

11. Limited Slippage

    Most of the brokers guarantee for the displayed prices of the trading. There is no difference between displayed price and execution price during market trading in normal conditions.