Why trade Forex?
Forex has some advantages which make it very popular among investors:
- Liquidity: Forex is the largest financial market in the world, with the equivalent of USD4 trillion changing hands daily on average. The higher the liquidity, the tighter the spreads.
- Flexibility: Forex is a 24-hour market, five days a week – you can trade whenever you want, from anywhere in the world.
- Lower transaction costs: There are no commission* or other charges on Forex, except for the spread.
- 1:500 leverage: Leverage is a powerful tool. You need to support a deposit of USD200 to make a USD100,000 deal. Such high leverage, combined with rapid rate fluctuations, can make this market highly profitable but at the same time also very risky. Read more about risks
- Trade both rising and falling markets: Opportunities arise whether the markets go up or down.
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* Depending on account type.
