george112

Here are some advantages of the Forex trading :

* No commissions. Only in the Forex trading market are there no government fees, brokerage commissions, exchange fees and other unnecessary losses of cash. There are also low transaction costs between the bid and ask price. (but with local broker there's still commision around 20 per lot)
* No middlemen. In this market there are no investors that take a percentage of the investment or the profit, and you transact directly with the pricing market agent.
* You can choose the size of your investment. The Forex trading lot is dynamic, and is set according to your preference. This lot can vary between large lots worth $10,000 to mini lots worth $25.
* High liquidity. In the Forex trading market you can buy and sell your currency at any time and place, regardless of the currency position, when the trade itself is done almost instantaneously.
* Trading in the margin. Forex trading consists of margin investments that increase your chances for higher profits by increasing your money's worth.
* Opened 24 hours a day. Because it's worldwide and operates in several time zones, the Forex trading market is the only market that you can trade in 24 hours a day.


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MarieClaire

You are so right - and these sort of figures is what attracted me to the market - I’ve never traded anything else, but naturally I have bought and sold currencies as a traveller, so it wasn’t completely alien as a concept.