Small transaction cost: The retail transaction fee (the bid/ask spread) is as a rule less than 0.1 percent under regular market situations. At larger dealers, the spread could be as low as 0.07 percent. Certainly this depends on the leverage.
Instant transactions due to the high liquidity.
Online access (Internet trading platforms).
Nobody can corner or "force" the Forex: The Forex trading market is so colossal and has countless participants that no unique participant, not even a powerful central bank, can have power over the market price for an extended period of time.
No insider trading: Because of the size of the Forex trading market and non-centralized environment, there is practically no chance for any insider trading.
Limited regulation: There is limited governmental regulation in the Forex trading, basically because there is no central location or exchange. However, this may be a two-edged sword.
Free "demo" accounts (99% of online Forex brokers offer 'demo' accounts to practice trading), free charts and diagrams, news, and analysis. These are very valuable resources for "poor" and SMART traders who would like to try their trading skills before risking real money.
"Mini" and "Micro" Forex Trading: You would think that getting started as a currency trader is very costly. In fact, it isn't. You can find an online Forex broker that offers an account with a minimum deposit of a hundred bucks. It does not mean that you should open an account with the minimum deposit but it does makes Forex much more accessible to the average person.
This is the most complete list of the Forex trading Advantages.
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