Forex market is almost 24/24 operation. Most floor trading will open on Sunday at 5:15 EST and ends on the 6th, 4 pm, and customer care services 24/7. And trading Forex is done all over the world, across all time zones. This will help you be able to set up a timetable that best suits you.
Free services
Often in the Forex brokers do not charge additional service or charge for every single order. Floor trading will split 1 share commission on the difference between the spot price and the purchase price to bid for them. So the cost of trading in Forex is much lower than in other markets. Placing orders immediately
Your orders will be done right away in most transactions . And you can continuously update information about the rates and financing terms of your. What you click is what you will achieve. And there will be no difference between your rate and the exchange rate you updated as transactions in securities
Sell before buy later
Unlike market financial products is limited and can not go short (sell first buy later), in the Forex market you business opportunities at the market both up and down at the market. Trading opportunities are appearing all the time and just get to know the market trend. So you can always decide to invest and drawn at any time at any stage of the market.
In addition, the following reasons:
No middle men : The transactions directly in the center of finance and the broker brings many benefits to the transaction, however the downside is that it must go through intermediaries. The more objects participating in the transaction, the higher the cost will be time transaction order as long and more complex procedures. Costs not only money but also time spent. In the currency market has removed the mediating factors to help customers transact directly on the trading software with the floor and place orders instantly to changes from the market. Forex trading helps the transaction quickly and cost savings than intermediate securities and other business sectors.
The purchase / sale does not impact the market
How many times in the market stock of what you fervently believe "Fund A" shares, "X" and buy stocks "Y"?Rumors can be profitable for one minority but the majority of damage. Further shares depend on the situation financing of the company, and therefore it also relies heavily on one group the "Board of Directors".Market securities are very sensitive to the buy / sell order, and is not suitable for anyone who wants to do business in the short term. In the Forex market due to the impact of "cash flow", the likely impacts of the bank or petty cash fund. Banks, investment funds, governments, speculators and trading group is just one small part of the foreign exchange market and and "cash flow" is not controllable.
Analysts and investment brokers have little effect on the market
You can watch TV regularly? Are you interested analysts and stockbrokers often predict the market situation and make the comment "buy" or "sell" one security or not? Although the government has taken many measures limited impact outside the stock exchange, but it is one part of the market and has great influence on the psychology of trading investments. But the Forex market, as the first primary market, is born from the World Bank and an increasingly wider with flows up to several thousand billion dollars / day, has brought global market reach. Experts and analysts can not "steer" the flow, and their analysis is only for reference in this market
8,000 securities> <4 major currency pairs
There are approximately 4,500 securities listed on the New York Mercantile Exchange. And more than 3,500 different kinds of rays NASDAQ. How do you choose? Devote time analyzing each company one? In the Forex market, you have 4 major currency pairs traded 24 hours / day and 5.5 days / week. You can completely focus on one currency pair to research and trade.
