Why Trade Forex?

It's equally easy to trade in both rising and falling markets, so profits can be made whichever the market directions.

 

They are leveraged instruments, also known as they trade on margin, meaning you can open trades in sizes multiple times larger than the funds you have in your account.

Open all hours. The Forex market is open all day from Monday morning Sydney time to Friday night New York time. In this time period you can trade whenever you want. 

Lots of traders are starting to trade Forex due to the Forex market advantages. Here are the most important Forex market advantages:

1. 24 hours a day market: The Forex market is open 24 hours a day except on weekends. So, no matter where you are based, you can trade Forex at your favorite time.

2. High liquidity: Forex market is the biggest financial market in the world averaging over 3 trillion USD daily.

3. Leverage: The leverage on Forex can be as high as 200, which means that you can trade up to $ 100 k with just $ 500. 

4. Easy short selling: On Forex it's as easy to buy a currency pair as to short sells it. there's no uptick rule like on Nasdaq.

5. Free Commission Fees: Commission fees are 0 on Forex. The only cost in buying a currency pair is the spread. 

6. Free trading platforms: On Forex most brokers offer good trading platforms for free.

7. Free Demo accounts: Most Forex brokers offer free demo accounts which allow you to start practicing with virtual money, the way you can learn. This way you can learn Forex without risking your money.

8. Opportunity: Easily trade when markets are trending up or trending down.

9. Simplicity: Use technical analysis (indicators on charts) methods from other markets like equities.

10. Strength: Access the most liquid market in the world ($4 Trillion average daily volume).