Category: 5.Why Trade Forex?
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Why Trade Forex: Forex vs. Futures
It’s not just the stock market. The forex market also boasts of a bunch of advantages over the futures market, similar to its advantages over stocks. But wait, there’s more… So much more! In the forex market, $6.6 trillion is traded daily, making it the largest and most liquid market in the world. This market…
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Analysts and brokerage firms are less likely to influence the market
Have you watched TV lately? Heard about a certain Internet stock and an analyst of a prestigious brokerage firm accused of keeping its recommendations, such as “buy,” when the stock was rapidly declining?It is the nature of these relationships. No matter what the government does to step in and discourage this type of activity, we…
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Why Trade Forex: Forex vs. Stocks
There are approximately 2,800+ stocks listed on the New York Stock exchange. Another 3,300+ are listed on the NASDAQ. Which one will you trade? Got the time to stay on top of so many companies?With forex, there are dozens of currencies traded, but the majority of market players trade the seven major pairs. Aren’t seven major…
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Why Trade Forex: Advantages Of Forex Trading
There are many benefits and advantages of trading forex. Here are just a few reasons why so many people are choosing this market: No commissions No clearing fees, no exchange fees, no government fees, no brokerage fees. Most retail forex brokers are compensated for their services through something called the “spread“. No fixed lot size In…