8 reasons to choose Forex
Posted by sanam on July 7th, 2017
High liquidity and best prices. In Forex there are always traders who are willing to buy or sell. The market never sleeps. An ECN Broker offers its clients the best quotes from major banks, other ECNs and liquidity providers. The Broker actually profits from providing the best quotes and the tightest spreads.
Access to trading 24/5 from anywhere . The market trades 24 hours a day, 5 days a week from Monday to Friday, and your broker offers you support 24 hours a day. You can choose when to trade – the European, US and the Asian trading sessions follow each other. When trading sessions in different time zones overlap, the available liquidity in Forex reaches its maximum.
You can trade with as little as 0! Starting deposits in Forex are considerably lower than in other financial markets. Leveraged (or marginal) trading used in Forex lets you operate funds many times as large as your margin deposit
And the broker is interested in your profits. In the ECN model, you trade with other market participants not against your broker. To execute your order, the ECN Aggregator will find a matching opposite order (same price and available volume) from another market participant. The broker charges a small commission for transferring your order to the ECN and finding a match for it. With this business model, the broker is not trading against you and does not profit when you lose. On the contrary, the broker receives more commission when you increase your trade volumes.
In Forex, there is always a chance to earn. Stock markets can crash and securities may lose their value but when one currency is depreciating, the other will be gaining value and you can earn on that as well.
Market Analytics are easy to follow. There are only 4 major currency pairs in Buy Forex online. You can choose just one currency pair or several pairs to focus on. Monitoring news and market analytics for 4 currency pairs is easier than struggling to keep an eye on thousands of stocks.
Education and Training for Beginners You broker provides you with demo-accounts, training courses and workshops, video tutorials, news, charts and market analytics so that you can practice your trading skills.
Automated trading You do not have to spend long hours in front of your computer studying charts and following all the price movements. With automatic indicators and signals you will be notified immediately of any important events or trend reversals. You can also take advantage of expert advisors, that are based on your own or somebody else's proven trading strategy. An Expert Advisor trades automatically without your participation.
Source : www.fxopen.com/en/forex/
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About the Authorsanam
Joined: June 8th, 2017
Articles Posted: 16
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