Online Forex Trading provides the one thing that is not provided by other types of business that is freedom. We can enter the market anytime 24 hours a day either morning, noon and midnight and anywhere as long as there is internet access. We are also free to determine the amount of profit that we want to reach freely without interference and influence others. We are the boss himself.
What is Forex?
Foreign Exchange (forex) otherwise known as foreign exchange (forex) is one of a growing choice of investment in the world at this time. Forex Trading is trading exchange foreign currency in international financial markets. The forex market is the largest financial market in the world.
Conducting transactions in the forex market are: the governments of the world, the world's major banks, international companies, hedge funds, currency speculators and individuals. Thus the number of players in the forex market is causing the velocity of money becomes very fast. Transactions that occurred more than 1.9 trillion U.S. dollars every day that makes money can be transferred from one place to another in just a few seconds.
Like the stock market players can do forex trading by using brokerage services (Commission house) or do it yourself online via the internet.
Forex trading has some advantages compared with the trading of financial products such as stock trading, namely:
24 Hours Trading
Can be done 24 hours a day, 5 days a week, whenever and wherever we are.
liquidity
Highly liquid with a number of broker / dealers who play in the forex market.
Low transaction costs
Brokerage commissions are relatively small, even for online trading through the internet there are no transaction fees but are charged only the amount of variety. In addition the spread is also small.
2 Potential advantages direction (up or down)
Have good profit potential in a strong currency and the currency is weakening.
margin Trading
Trading on margin investors to make purchasing power exceeds the amount of capital owned.
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