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- Forex Trading
WHY TRADE FOREX ?
$ 5.3 trillion daily trade volume
In terms of its trading volume, the foreign exchange market (forex, FX, or currency market) is a global decentralized marketplace and by far the largest financial market in the world. The foreign exchange market does not decide the relative values of different currencies, but sets the current market rate of the value of one currency vis-a-vis another. Statistics reveal that an estimated $5.3 trillion worth of currencies change hands daily.
Take Advantage of Market
The currency trading market is the most liquid marketplace in the world. FX transactions take place 24 hours a day and 5 days a week which begins with the opening of the markets in the Asian session and continues until the ending of the US session. This means that you can take advantage of fluctuations in prices and opportunities to make profit anytime as there is no recess for the forex market.
Get global exposure
With the world becoming a global village due to easy accessibility and reach, for today's investors the world is their trading arena. So if you want to invest elsewhere, forex gives you the much-needed exposure and investment opportunities without having to deal with foreign securities regulations or financial statements in other languages.
Fixed spreads and low margin
Most forex service providers offer tight spreads and have low initial margin requirements. Through the use of leverage you can hold larger positions than the preliminary deposit at only a fraction of the cost. Needless to say that increased leverage magnifies losses as well as gains.