|
Currency trading on the Forex market has many advantages. Currency trading or forex day trading is in many ways more advantageous than day trading
stocks or futures. Learn with Peter Bain’s currency trading
strategies course and look at all the advantages below:
24-hour trading
The forex market is a true 24-hour market. This means that a currency
trader can basically choose his/her own hours to trade.
Low minimum investment
Currency trading strategies require a lot less starting capital than day
trading stocks. Thus, you could start out small to try out forex trading.
50:1 Leverage
Forex trading offers much greater buying power than day trading stocks,
which only offers 4:1 margin.
FDIC insured accounts
Full account protection via segregated, FDIC insured customer accounts.
Superior liquidity
The foreign currency exchange market is the largest financial market
in the world. This results in fair prices and narrow spreads.
Free currency trading program with real-time charts and news
Free easy-to-use online forex currency trading system with streaming, real-time
charts, news and commentary relevant to the currency trading market
with Peter Bain’s stock trading course.
No commission or transaction fees
It is much more cost-efficient to trade FX in terms of both commissions
and transaction fees.
Can make money in rising and falling markets
There are no restrictions to sell currencies short, unlike stocks which
have to be sold short on an uptick rule. This means that with forex
currency trading you can make money just as easily in rising and falling
markets.
Better for trading in after-hours than stocks
Stock liquidity is reduced after regular trading hours. Forex currency trading
does not exhibit this problem because the currency trading market is open around
the clock.
<< More Forex Basics
>>
|
More
Testimonials
