The Benefits of Forex Trading.

[hardworks]

The Benefits of Forex Trading

According to my knowledge there are five main benefits of Forex trading:

1. 24 Hour Market
Since the Forex market is worldwide, trading is continuous as long as there is a market open somewhere in the world. Trading starts when the markets open in Australia on Sunday evening, and ends after markets close in New York on Friday.

2. High Liquidity
Liquidity is the ability of an asset to be converted into cash quickly and without any price discount. In Forex this means we can move large amounts of money into and out of foreign currency with minimal price movement.

3. Low Transaction Cost
In Forex, typically the cost for a transaction is built into the price. It is called the spread. The spread is the difference between the buying and selling price.

4. Leverage
Forex Brokers allow traders to trade the market using leverage. Leverage is the ability to trade more money on the market than what is actually in the trader's account. If you were to trade at 50:1 leverage, you could trade $50 on the market for every $1 that was in your account. This means you could control a trade of $50,000 using only $1000 of capital.

5. Profit Potential from Rising and Falling Prices
The Forex market has no restrictions for directional trading. This means, if you think a currency pair is going to increase in value; you can buy it, or go long. Similarly, if you think it could decrease in value you can sell it, or go short.

Please give your comments on these benefits.

Do you know any other benefit? Please share with us.

In my point of view,
Anyone can start trading in Forex.
Start trading even with $1.
We can able to set automatic entry point(pending orders) and automatic exit point(take profit and stop loss).

[strong]

There are many benefits of forex trading, the most attractive benefits is that it is a money making machine,which can make huge amount of money in a minute. after all,forex trading give an opportunity to be a business man,where he or she can earn money in his own home or everywhere and I think if one trade in forex, he does not want to have any other job.

[ali1011]

There are many benefits of forex trading agar me byaan karo to sayd khtam he na hon per in short is that you can get knowledge about forx and you can make a good business man without tension of boss and so on but its very profitable way if you understand with full concentration.

[hiren]

Yes above mentioned are the few benefits of forex trading as it is a 24x7 market open 5 days a week and one can trade any time and start with small investment and still make money by taking minimum risks.Also there is good leverage which can enhance the trading capacity of a trader and liquidity is good in this market.

[amit]

forex is very good compared with other investment business, because this potential to be able to get income as much as possible, nothing beats forex

[realfun07]

Yes above mentioned are the few benefits of forex trading as it is a 24x7 market open 5 days a week and one can trade any time and start with small investment and still make money by taking minimum risks.Also there is good leverage which can enhance the trading capacity of a trader and liquidity is good in this market.

[Jazpa]

According to my knowledge there are five main benefits of Forex trading:

1. 24 Hour Market
Since the Forex market is worldwide, trading is continuous as long as there is a market open somewhere in the world. Trading starts when the markets open in Australia on Sunday evening, and ends after markets close in New York on Friday.

2. High Liquidity
Liquidity is the ability of an asset to be converted into cash quickly and without any price discount. In Forex this means we can move large amounts of money into and out of foreign currency with minimal price movement.

3. Low Transaction Cost
In Forex, typically the cost for a transaction is built into the price. It is called the spread. The spread is the difference between the buying and selling price.

4. Leverage
Forex Brokers allow traders to trade the market using leverage. Leverage is the ability to trade more money on the market than what is actually in the trader's account. If you were to trade at 50:1 leverage, you could trade $50 on the market for every $1 that was in your account. This means you could control a trade of $50,000 using only $1000 of capital.

5. Profit Potential from Rising and Falling Prices
The Forex market has no restrictions for directional trading. This means, if you think a currency pair is going to increase in value; you can buy it, or go long. Similarly, if you think it could decrease in value you can sell it, or go short.

Please give your comments on these benefits.

Do you know any other benefit? Please share with us.

Forex is online trade that is why we can access our trade from wherever we are with the help of internet connection. We don't have to work hard to get money in forex. We can simply sit in front of our pc and make good transactions. And I always love this feature.

[hetal]

ya forex is higly realiable to use and to earn profit .It can act as a good source of money.you can earn large profit depending on your experinece and knowledge.its provide trading for 24 hours and 5 days in a week which adds reliability in using forex

[cumil]

1. 24 Hour Market
Since the Forex market is worldwide, trading is continuous as long as there is a market open somewhere in the world. Trading starts when the markets open in Australia on Sunday evening, and ends after markets close in New York on Friday.

I am very pleased to be the forex is open 24 hours, so the forex can be used as a second job after I got home from work off line

2. High Liquidity
Liquidity is the ability of an asset to be converted into cash quickly and without any price discount. In Forex this means we can move large amounts of money into and out of foreign currency with minimal price movement.

forex is very good compared with other investment business, because this potential to be able to get income as much as possible, nothing beats forex

3. Low Transaction Cost
In Forex, typically the cost for a transaction is built into the price. It is called the spread. The spread is the difference between the buying and selling price.

but there are many pairs that have spread more than 100 points

4. Leverage
Forex Brokers allow traders to trade the market using leverage. Leverage is the ability to trade more money on the market than what is actually in the trader's account. If you were to trade at 50:1 leverage, you could trade $50 on the market for every $1 that was in your account. This means you could control a trade of $50,000 using only $1000 of capital.

yes you are right, leverage really helped me,

[pankajfxx]

well for me that best advantage it`s that i get the volatility as you said in you thread because i like the scalping so i think that`s it`s an powerful way to get some pips in this trading system ever