What Advantages of Forex?
Leverage: A unique feature of the Forex market. Leverage allows small and medium-sized investments and large-scale transactions to be made. However, the investor’s risk is limited by the amount of money invested.
Two-way trading advantage: Traders in the Forex market do not need to just open a position on the buy side. The bidirectional trading advantage of the Forex market allows traders to take advantage of falling prices by initiating a sell trade in declining markets.
High Liquidity: The Forex market allows for simultaneous trading of any volume at a single rate in different parts of the world.
An unmanipulated market: High liquidity allows supply and demand to meet freely to regulate exchange rates. A market that cannot be manipulated responds better to analysis with technical and fundamental analysis methods.
Availability: Open for online commerce 24 hours a day, 5 days a week.
Trade time: A trader can place trade orders in the system at any time, at any rate.
Low Cost: Forex traders do not incur any cost other than the difference between the exchange rates or pay any commissions for their transactions. However, overnight swaps are reflected in the account for positions transferred to the next day. A commission fee is added to the CFD products as well as the trading difference.