Why Trade FX

There are many benefits and advantages to trading Forex. Here are just a few reasons why so many people are choosing this market as a profitable business opportunity:
* The Market is open 24 hours per day 6 days per week.
* Liquidity. The FX market is the most liquid of all financial markets.
* Leverage. Forex investors are allowed to trade foreign currencies on a highly leveraged basis, much more than stocks, while limiting risk.
* Profit potential in both rising and falling markets.
* Low transaction costs. There are no brokerage fees for each FX transaction. The retail transaction cost (bid/ask spread) is typically less than 0.1 percent (10 pips).
* Unrelated to the stock market.
* Interbank Market - The FX market operates through a global electronic network of dealers therefore eliminating the need for a physical exchange to facilitate transactions.
* No one can corner the market. The FX market is so vast that no single individual or entity can corner the market for an extended period of time.