Forex is the largest and most liquid market in the world.
Forex is the world's largest and most liquid market, with an average daily turnover of around 5.3 trillion dollars. Whether it's a market or a battlefield, seasoned investors, forex trading is very attractive.
Advantages of Forex Trading
24-hour Active trading market
The forex market has the most flexible trading time in the financial markets, and investors can trade 24 hours a day, Five days a week. The traditional foreign exchange market is a currency conversion business that has been used for investment by banks, and the volume of bank transactions has increased rapidly over time, especially after the advent of the free float of major international exchange rates in 1971. Importers and exporters, portfolios, multinationals, speculators, day traders, long-term investors and hedge funds are using the forex market to pay for goods and services, to trade financial assets, or to reduce the risk of currency movements through hedging.
Low entry threshold
In the forex market, exchange rate fluctuations are usually driven by real currency flows and projections of global macroeconomic conditions. For the disclosure of major market news, investors in global trading forex will see the same forex quotes. Margin foreign exchange transactions require only the minimum investment capital requirements, the start of the account starting from the standard account 200 dollars. MetaTrader 4 Trading platform can also be "mini" 0.01 of the micro-hand trading.
One of the advantages of foreign exchange margin trading is to use leverage to enlarge trading assets, 100 times times leverage equals 1 dollars to make 100 dollar transaction. Traders can profit from fluctuations in the exchange rate by using leverage rationally.
Different market trends in two-way trading
Unlike the stock market, which is simply "low buy high", short selling or having a fuse limit, the forex market has no restrictions on the trading direction, and traders can buy or sell short by their trading strategies. Use stop orders to specify a price, when the market trend against you, at this price to close the position, or use stop orders, when the market trend to adverse direction, can still lock part of the proceeds.
Unlike stocks and other trading markets, facing the risk of giant monopoly, foreign exchange huge trading volume makes the market is not easy to be controlled by a certain bank or agency price, investors can be in a single second, no duplicate quote phenomenon.