Currency Trading Information Channel |
|
|
|
Forex Trading Online - 7 Reasons Why You Should!Forex trading online is a fast way to use your investment capital to it's fullest. The Forex markets offer distinct advantages to the small and large traders alike, making Forex currency trading in many ways preferable to other markets such as stocks, options or traditional futures. Here are seven reasons why you'll want to look into Forex Trading online. 1 - Forex is the largest market. Forex trading volume of more than 1.9 billion, more than 3 times larger than the equities market and more than 5 times bigger than futures, give Forex traders nearly unlimited liquidity and flexibility. 2 - Forex never sleeps! You can execute forex trading online 24/7, from 7AM New Zealand time on Monday morning, to 5PM New York time on Friday evening. No waiting for markets to open: they're open all night! This makes Forex trading online a very attractive component that fits easily into your day (or night!) 3 - No Bulls or Bears! Because Forex trading online involves the buying of one currency while simultaneously selling another, you have an equal opportunity for profit no matter which direction the currency is headed. Another advantage is that there are only around 14 pairs of currencies to trade, as opposed to many thousands of stocks, options and futures. 4 - Forex Trading online offers great leverage! You can make the most of your investment resources with Forex trading online. Some brokers offer 200:1 margin ratios in your trading accounts. Mini-FX accounts, which can typically be opened with only $200-300, offer 0.5% margin, meaning that $50 in trading capital can control a 10,000 unit currency position. This is why people are flocking to Forex trading online as a way to highly leverage their investments. 5 - Forex prices are predictable. Currency prices, though volatile, tend to create and follow trends, allowing the technically trained Forex trader to spot and take advantage of many entry and exit points. 6 - Forex trading online is commission free! That's right! No commissions, no exchange fees or any other hidden fees. This is a very transparent market, and you'll find it very easy to research the currencies and the countries involved. Forex brokers make a small percentage of the bid/ask spread, and that's it. No longer any need to compute commissions and fees when executing a trade. 7 - Forex trading online is instant! The FX market is astoundingly fast! Your orders are executed, filled and confirmed usually within 1-2 seconds. Since this is all done electronically with no humans involved, there is little to slow it down! Forex trading online can get you where you want to go quicker and more profitably than any other form of trading. Check it out and see what Forex trading online can do for you! Keith Thompson is the webmaster of Forex Trading Today; a blog focusing on the latest Forex news and resources.
MORE RESOURCES updated Thu. April / 25 / 2024 Prop Trading: YourPropFirm Taps Leverate to Enhance Services Finance Magnates Top 10 Forex Brokers in the World: 2024 Rankings FinanceFeeds Yen inches closer to intervention point as BOJ meeting starts The Japan Times Zimbabwe's new currency suffers chaotic start FRANCE 24 English Kyriba's Quarterly Currency Impact Report: Total Currency Impact for 2023 Reached $95 Billion Yahoo Finance How to get started in trading forex CNN Underscored GBP/USD Analysis Today - 25/04: Focus on US Data (Chart) DailyForex.com Understanding the Correlation of Oil and Currency Investopedia Yen Approaches Intervention Point as BOJ Meeting Starts Yahoo Finance Where king dollar is causing pain the most Reuters.com USD/JPY Analysis Today - 25/04: Yen Hits 34 Year Low (Chart) DailyForex.com Discover ask2bid.net: A Trusted Destination for Unbiased Insights into Crypto and Forex Trading Yahoo Finance Spotrade.net analysis: A Trusted Destination for Unbiased Insights into Crypto and Forex Trading Yahoo Finance USD/PKR Analysis Today - 25/04: Controlled Trading (Chart) DailyForex.com EUR/USD Analysis Today - 25/04: Euro Stabilizes (Chart) DailyForex.com Best Forex Brokers In April 2024 Bankrate.com U.S. dollar closes higher on Taipei forex market Focus Taiwan Currency Crash: How Millennium Management Made $40 Million Betting Against the Egyptian Pound Yahoo Finance Morning Bid: Japan's FX no-show, Meta plunges Yahoo Finance Exclusive: India central bank's stance on underlying exposure for FX derivatives unchanged Reuters.com Rupee edges up 1 paisa at 83.32 against US dollar BusinessLine This Is How You Make Money Trading New York Magazine 3 Best Forex Brokers for 2024 NerdWallet Towards Increasing Complexity: The Evolution of the FX Market - Liberty Street Economics Liberty Street Economics - Using Paper Trading to Practice Day Trading Investopedia CHF/JPY Forecast Today 25/04: Funding Currencies War (Chart) DailyForex.com Unauthorised forex dealers duping customers: Names of 75 forex dealers on RBI’s alert list The Economic Times Why Is the Forex Market Open 24 Hours a Day? Investopedia This week's short EUR/USD trading outlook IG International FOREX.com vs. Robinhood: Which Is Right for You? The Motley Fool Forex Trading for Beginners NerdWallet China's New Currency Playbook Council on Foreign Relations How Often Do Exchange Rates Fluctuate? Investopedia Zimbabwe's new gold-backed currency sliding on black market Voice of America - VOA News US, Japan and South Korea seek to limit dollar's rise Financial Times USD/JPY Analysis Today – 25/04: BoJ Concerns Peak (Chart) DailyForex.com Top Fiat Currencies Used to Trade Bitcoin Investopedia Trader's Case Tests DOJ's Policing of Global Currency Market The Wall Street Journal How can blockchain platforms make currency trading cheaper? Financial Times
|