Online Forex trading is done electronically and lasts 24 hours from Monday to Friday. Here are some of the advantages of forex market compared with the market-financial market other:
There is no Commission.
Compensation received by a broker of a spread/ the difference from the value of the bid-ask. Usually spread from online forex broker is relatively small and not incriminating the client.
Without intermediaries.
Process in the forex market completely online eliminates the existence of intermediary parties so as to enable every trader to have direct access to the forex market.
Running 24 hours a day.
The forex market runs continuously for 24 hours and 5 days a week so our trading activity can be done at any time. This is possible because the forex market has no one specific Center physically, pure use the online interbank access around the world.
The absence of a ' handler ' market.
The forex market is very large so it does not allow for a single individual, even the central bank to directly
controlling the operations of the market in a long period of time.
Leverage.
Existence leverage/margin allows one with a small capital to plunge and dealing in the forex market and gain the same advantage.
Extreme low liquidity is high.
The high volume and the extreme low liquidity in the forex market allow you to do transactions anytime and get a profit (and no doubt could loss) at any time without waiting for a long time.
The presence of on-site demo account, news, charts, and analysis for free.
Almost each forex broker online currently provides all of the above. This very helps us to recognize and work directly in trading activity, without having to spend capital first. With a demo account, we can perform simulations trading 100% the same as the State of the real. It's just that the money is used is virtual money.
On-site mini and micro accounts.
Unlike other such financial market brokerage shares and options that require considerable capital to start, forex brokers many online offers a mini account with a low minimum deposit. even some foreign online broker provides a super micro account type.
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