Reasons To Trade Forex
As mentioned earlier, was the Forex market exceeds all stock markets in the world with its volume. He is over $ 4 trillion EVERY DAY. To give you an impression of the New York Stock Exchange (NYSE) is $ 28 billion per day.The entire U.S. stock market is over $ 191 billion a day. The futures market trades over $ 437 billion a day. None of these markets comes even close to $ 1Trillion, let alone several trillion euros.
More volume means better fulfill your orders (less latitude / slippage). Freedom is when you click on a market price but receive a different price at the moment where your order can be fulfilled. The more volume at each price level, the better the order will be fulfilled. Therefore the forex market offers the least slip / space in any market.Also note that this play are "real" trade costs.
In addition, the spreads / margins are lower, which means that your costs are lower and you can come by sooner to profitability in this market. Typical spreads are 2-4 PIP's on the 'majors' and 4-7 PIP's on many of the 'cross'.
Commission-free trading / trading! You have to pay NO commissions in this market, because you simply proceed directly with the forex broker and hence there is no commission. This is a huge saving and allows you to get a lot more to profitability. For example, in equities, you will be charged 2x commission (Commission and a buy-one-selling commission). Ouch!
In contrast to shares / stocks, where you can trade only 6 ½ hours a day trading, you can literally at Forex trading anytime 24 hours a day (Sunday evening to Friday evening). So instead of acting on the work by the way (as people across America do with shares / stocks), so you can relax after work to do, where you can really focus on trade. It does not matter where in the world you are or what layer you are working ... You can trade in Forex. More hours mean more tradable tradable opportunities.
Also many major announcements to come out for shares that can not even be traded with them (before or after the bell). In online forex trading / trading, you can trade Forex / currencies at the time the news release, if you want.
For shares / stocks, short sales are difficult to implement. Why? Well, you want the rise of the stock / share and not the fall. But in Forex trading, you can sell or buy in the short term as well as long term /. The compliances are equally fast. There is no need for a business to check an "equity loan", as in shares / stocks.You need not worry about such nonsense.
Also, go for a currency pair to a more long-term currency and the other much in the short term. So it's basically no matter what you what you long and short.
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