10 Advantages of Forex markets

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1. Minimal or no commissions

• There are no clearing fees, no exchange fees, no government fees and no brokerage fees.

2. Easy access

• if you compare the money you need on the market in comparison with the amount needed for entering the stock, options or futures market, it’s a huge difference. The amount of capital is very low and it allows numerous types of people to easily enter the foreign exchange market.

3. No middlemen

• spot currency trading is decentralized and eliminates middlemen, allowing you to trade directly.

4. Lots of free courses and demo possibilities

• On the internet you can find huge opportunities for learning how the Forex market works and what you need to become a good trader. Also, most online Forex brokers offer demo accounts to practice trading and build your skills, using real-time charts and news feeds. They are more valuable than you could even imagine and, before starting your real money on the market, try to see if you are built and ready for it by practicing with these types of software.

5. Time and location flexibility

• the market is open 24 hours each day, so you don’t have to match your schedule with the one of the market. It doesn’t require a full-time engagement and you can choose the hours that suit your best. Also, you can operate from any corner of the world, as long as you have an Internet connection.

6. Low transaction costs

• the transaction cost, determined by the bid/ask spread, is usually less than 0.1%, and it can go even lower in the case of large dealers.

7. A high liquidity market

• the market is huge, so is extremely liquid. Around 4 trillion dollars are exchanged every day, according to the latest figures released by the Bank of International Settlements (BIS). That becomes an advantage, as you don’t have to struggle so much until you will find someone who wants to buy your currency or sell you one. You can’t get stuck and, by using features like stop lose, you will close your position automatically, while not even being in front of the computer.

8. Leverage

• with a little investment you can move large amounts of money. Leverage gives the trader the ability to make nice profits and keep risk capital to a minimum.

9. No forced deadlines

• no one and no rule is forcing you to close a position. You can stay open as long as you consider necessary.

10. No fixed lot size requirements

• your contract size it’s your decision and you are the only one who determines your own lot.

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