Ten Reasons to Trade Currencies
October 21, 2007 – 11:03 am1. Forex is the world’s largest market. With a $2 Trillion a day volume, forex market participants includes banks, corporations and individuals like yourself, trading from around the world.
2. The Forex market is open 24 hours a day, 5.5 days a week. Because of the decentralized clearing of trades and overlap of major markets in Asia, London and the United States, the market remains open and liquid throughout the day and overnight.
3. Forex Trading is Commission-Free with 60 currency pairs to choose from.
4. One consistent margin rate 24 hours a day allows Forex traders to leverage their capital more efficiently with as high as 100-to-1 leverage.
5. Currency traders can make money when markets are rising or falling. There is never a “bear” market in Forex trading.
6. Small start up capital requirements – the minimum deposit for the opening of a trading account is only $2500.
7. Diversify your portfolio - smoother overall portfolio returns makes forex trading a very attractive alternative to stocks. The factors that drive other asset classes are very different from those that drive the forex market.
8. Trader’s identities and trading activities are completely anonymous.
9. You can trade from any location in the world – with currency trading , financial independence is within your reach . Trade from the comfort of your own home or office.
10. 100-to-1 leverage reduces the need for large amounts of capital.
Source: Buying Currency
