Isn't it a good news that Forex has the following advantages :
1. MAKE MONEY IN A BULL (RISING) OR BEAR (FALLING) MARKET - Traders have the flexibility to engage the market and make massive profits regardless of whether the currencies are strengthening or weakening.
2. SIZE - FOREX is the LARGEST financial market in the world, trading at a staggering 3 trillion US dollars in a single day.
3. 24 HOUR MARKET - FOREX trades 24 hours a day, 5 days a week. This makes it possible to set your own trading hours. If you trade part time and want to place your trade at 3am, log into your account and trade. If you are a full time trader, the same applies. No other market lets you pick the hours you trade.
4. SMALL TRANSACTION COSTS - There are no commissions charged on FOREX, only a small transaction fee. This is not possible in any other market, as brokers charge a commission on each trade in all other markets.
5. FREE DEMO ACCOUNTS, NEWS, CHARTS AND ANALYSIS - Most Online FOREX firms offer free ‘Demo’ accounts to practice trading, along with breaking Forex news and charting services. These are very valuable resources for traders who would like to hone their trading skills with ‘virtual’ money before opening a live trading account.
6. SUPERIOR LIQUIDITY - With 3 trillion dollars changing hands every day, the FOREX market is extremely liquid. Whether it’s 6pm or 6am , somewhere in the world there are always buyers and sellers actively trading foreign currencies. With the click of a mouse you can instantaneously buy or sell. You are never ‘stuck’ in a trade. All trades are settled in cash.
7. HIGH LEVERAGE - FOREX investors are able to trade foreign currencies on a highly leveraged basis – up to 400 times their investment. For example, an investment of $300 would allow a trader to control up to $120,000 of any particular currency. Leverage gives the trader the potential to rapidly increase the size of his account and at the same time keep risk capital to a minimum.
8. LOW ACCOUNT MINIMUMS - Individuals can open a live trading account with as little as $300. Budding traders can choose to start small and grow the size of their account as they learn.
9. ONLINE ACCESS - All you need is an internet connection via a computer or a mobile phone, and you are instantly plugged into the FOREX market.
10. LIMITED GOVERNMENT REGULATION - There is limited government weight in the FOREX market because there is no central location or exchange.
Hence, don't you think that FOREX trading is your only answer to your search for Financial Freedom? Interested to learn more about FOREX trading? Leave me a message with your email address in my cbox. I will get back to you and link you up with my professional FOREX trading mentor!!!
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