Why Trade Forex?
Did you know that the Foreign Exchange Market, Forex, or simply FX, is by far the largest financial market in the world with an average of US$5 million transactions every day?
Just like stocks, you can also trade in currency based on what its value will be in the global market. If you think that some currency is going to be appreciated, you can buy it, while if some currency is going to undergo depreciation, you can sell it. The relative values of different currencies is not determined by the globally decentralized foreign exchange market: Forex sets the current market rate of the value of one currency vis-a-vis another. The best part about the FX market is that transactions take place 24 hours a day, 5 days week. The benefit of this continuity is that you can take advantage of the fluctuations in prices and opportunities to make a profit anytime, anywhere!
Forex also provides you the much-needed exposure to the global market: it enables you to make a profit without having to deal with the tiresome foreign regulations, securities and financial statements in other languages. Most Forex service providers provide tight spreads and have low initial margin requirements.
Trade Forex with us?
- Market liquidity and volatility with Forex
- Forex market is the largest and the most liquid of the financial markets.
- Forex spot trades consist of a contract to trade a given amount of currency pair derivative with a market-maker at the advertised buy/sell price (the spot price)
- Volatility existing in the Forex Market enables traders to take advantage of exchange ratefluctuations for speculative purposes.