Why trade forex
The forex market is one of the largest financial markets in the world. It’s also the most liquid one with a daily volume of USD4 trillion. The market’s liquidity is one of the main reasons why trade forex.
You can trade 24 hours a day, five days a week
The forex market runs 24 hours a day, five days a week, because at any given time of the day or night the market is open somewhere in the world. That means you can trade whenever you want, from anywhere in the world.
You can trade both rising and falling markets
One of the reasons to why trade forex is that you can find opportunities in both rising and falling markets – you can trade when you believe the price of the currency pair is going up, or when you think it’s going down. If you think the price is going up, you buy, and if you think it’s going down, you sell.
We’ll give you up to 1:500 leverage
One of the most powerful tools in forex trading is leverage. Using leverage means that if you, for example, want to make a USD100,000 deal, with a 1:500 leverage you would need a deposit of only USD200. High leverage can make the forex market highly profitable, but at the same time very risky.
You can find opportunities in high volatility periods
Sometimes you can observe periods of volatility when a market opens or closes. That means that the prices can change very quickly and unexpectedly. High volatility can create trading opportunities, but it also increases risks.
Ask yourself, why not?
If you’re asking yourself, why trade forex, then the answer is simple – you can find great opportunities in the forex markets. If you’re interested in the world of business and you keep up with the latest news, then forex could be your ideal market to make your moves.