Advantages

Brim with various opportunities

The currency trading market is always active and so it offers a high flexibility for the participating traders to trade at whichever point of time one wants to. The money market works round-the-clock for five days a week in different trade hubs as per the regional working hours of the country. There’s no centralized exchange for forex trading as the entire market is run electronically which favor’s the dynamic nature of the market. The Forex market often begins with trading hubs operating from Australia on Sunday and closes down with markets shutting down in New York on Fridays. Different currencies would be in high value at different times in a day so a trader can choose to trade or invest on whichever currency he is interested in.

Some of the reasons why currency trading is attracting many investors are enlisted below.

High Liquidity and Volatility
The currency trading market is the only financial market which has a very high level of liquidity.It is one of the main reasons why investors are captivated to trade in forex market. The high fluctuating rates in currencies allow the traders to earn considerable profits in the market with rapid fall and rise in currency values. Apart from this the forex trading market is also accompanied with high volatility rate which means the risk factor involved is equally high provided you enter the market when you don’t know the direction
Market trading hours
The currency trading market is always active and so it offers a high flexibility for the participating traders to trade at whichever point of time one wants to. The money market works round-the-clock for five days a week in different trade hubs as per the regional working hours of the country. There’s no centralized exchange for forex trading as the entire market is run electronically which favor’s the dynamic nature of the market. The Forex market often begins with trading hubs operating from Australia on Sunday and closes down with markets shutting down in New York on Fridays. Different currencies would be in high value at different times in a day so a trader can choose to trade or invest on whichever currency he is interested in.
Minimal or no commissions
FX Trading is a financial market which allows you to get involved in direct trade without any third party interference. One of the main benefits of a decentralized business is the exclusion of the middleman which can cost the buyer or the seller money. In Forex Market, there is no middleman involved ensuring a commission-free business along with a transparent deal.
Leverage
Forex market offers high initial leverage for the investors.It can also be defined as the money borrowed from a broker to invest in something. Use of leverage magnifies the minute currency profits happening in pips into descent amount of profits for the investors. With a leverage trade ratio of 1:100 a trader with a margin deposit of 1000 DOLLAR can either buy or sell DOLLAR worth 10000 currencies.
Free forex tutorials, demo account and analytics
Before you enter the financial market it’s always better to polish your trade skills by using the demo account and using the many free tutorials and trading platform guides. Use of a demo account will help you sharpen your skills as you learn to handle virtual money before jumping into the real money market

You can open an easy-to-use and professional web trading account with us