Why Forex ?
January 10, 2008 – 7:03 am24-hour trading: Traders benefit from the ability to respond to breaking news immediately, day and night. Superior market liquidity: More than one trillion dollars are traded every day in the FX market. The sheer volume of this market helps ensure price stability, as well as less gapping and price slippage.
Narrower dealing spreads: Normal bid/ask spreads are five pips or less, much tighter than a typical stock transaction.
No uptick rule: It’s easy to establish both short and long positions.
Increased leverage: Firms offer traders a 2% margin, compared to a 50% margin for equity markets.
Liquidity – The largest market in the world
Tags: Forex, Forex Market, Forex Trading, forex trading system