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danielsmith
  • Posts: 12
  • Joined: 09/02/2016
As we all know, the Forex or the Foreign Exchange Market is the largest financial market in the world. It has become very popular in the last couple of years. Day by day, people are getting more eager to trade in the forex market. The forex currency trading is somewhat different from other stock and commodity trading. Here goes the comparison:

Liquidity
In the whole world, the forex market is the most liquid financial market, where around 1.9 trillion dollars are traded on a daily basis. Around 440 billion dollars are traded in the commodity market every day, and around 200 billion dollars are traded in the U.S stock market per day. This helps in better execution of the trade and manipulation in the market is also prevented.

Times of trading
The forex market is open 24 hours a day and 5 days a week. That means, in the U.S, the forex market opens at 3:00 pm Sunday (EST) and closes at 5:00 Friday (EST). This enables the traders to trade according to their convenient time. Depending on which commodity you are going to trade, there are trading hours all over the board.

Trading costs
In the forex market, the difference between the buy and sell price of each currency pair is called the transaction costs. There are no brokerage fees in the forex market. In both the stock and community markets, there are brokerage fees and transaction costs. In case of the latter, the fees will add up, even if you use discount brokers.

Minimum investment
This is one of the most important features of the foreign exchange market. It requires a minimal amount of money in order to open a forex account. A forex account can be opened with as little as $300.00.

Focus
7 major currencies are used for 85% of all the trading transactions in the foreign exchange market. There are 40,000 stocks in the U.S stock market alone. Over 200 commodity markets are there, but some of them are so illiquid that they cannot be traded, except by the hedgers.

Trade execution
The execution of trade in the forex market, is done almost instantly. But this is not the case in the equity and community markets. In the equity and commodity markets, you wait for a broker to execute your trades. And, the results you get are sometimes contradictory.

This article is sponsored by Fibo Group (www.fibogroup.eu ).
David Hallam
  • Posts: 1
  • Joined: 11/02/2016
Whatever points you mention are true, but very much outdated, I believe any good broker will always support traders in their grown instead of running away and mostly education and experience missing from the table is what leads to losses, so when we gain these things well, we will automatically increase our chance to succeed and with Vinson Financials , it is a lot easier with having free demo account facility plus great tips and guides that helps quite a lot.
Ruby
  • Posts: 8
  • Joined: 22/03/2016
You can trade whenever you have time. Because the Forex market is open 24 hours a day, 5 days a week, you can trade at your convenience. And as long as you have a computer and internet access, you can access the market anywhere. This way you can say goodbye to stuffy offices and wasting bright summer days indoors instead of playing golf or doing whatever you enjoy.

You can succeed despite the market conditions. All markets have ups and downs, highs and lows. But with Forex, you have the potential and ability to make money even during market fluctuations.

The risks are low. Unlike in many investments, if you make a mistake or an unlucky decision, it won't cost you a fortune. You can take it and move on.
Ruby
  • Posts: 8
  • Joined: 22/03/2016
Yes,Rumba,you are right but now everything is fine.Day be Day,traders are increasing to trade with them!!
Ruby
  • Posts: 8
  • Joined: 22/03/2016
Forex trading is the specialised field in which you buy one currency and sell another. Whether it's referred to as forex, foreign exchange or just FX, it all means the same thing. The global foreign exchange market is worth over 3 trillion US dollars and is extremely large in comparison to the combined world markets of stocks and bond trading. The forex trading market is based on speculation, rather than actual commercial requirements.
Ruby
  • Posts: 8
  • Joined: 22/03/2016
There is a great deal of buzz surrounding the whole subject of Forex trading and I am sure that there cannot be many people who are not aware of the stir that it is creating. In the present economic climate though you may well think that, despite the fact that so many people are describing this as a great opportunity, this is something which should be put on the back burner for the time being. Nothing could be farther from the truth however and I am going to give you four very good reasons for getting into currency trading today, rather than tomorrow.

Reason 1 - Trading Times

Reason 2 - Investment Required

Reason 3 - Limits on Trading


Reason 4 - Transparency

There are of course many other reasons which should tempt you into this very lucrative form of investment but these are perhaps the four most important. Forex trading today allows us all to take advantage of the incredible profits to be made from taking advantage of worldwide currency fluctuations. The major financial institutions have been making a fortune from currency trading for years and now even the smallest of private investors can get in on the act.
kalex76
  • Posts: 11
  • Joined: 17/05/2016
My main reason for trading in the Forex field is that i can trade at any time from any place as per my time schedule ,its not the official time where we are struck to a particular time schedule and here one thing is beautiful and that is we are independent ,not under any boss.
kalex76
  • Posts: 11
  • Joined: 17/05/2016
Forex trading is having many lucrative options from where we can even trade without our own investment like the contests ,welcome bonus ,one could join the legit broker site like Forexmart so that they can enjoy such benefits and can make money as per their plan.
kalex76
  • Posts: 11
  • Joined: 17/05/2016
People wants to make faster money and profit and from any source and Forex is a good place to make faster money as per the strategy and plan goes correct ,people have to be serious here to make profit .
Mick Maloney
  • Posts: 16
  • Joined: 16/01/2016
Making profit is solo reason for me...
PeterTooh
  • Posts: 8
  • Joined: 28/11/2015
There are several reasons for one to be trading in Forex, but one thing is obvious which is that we can earn from it and that’s really how I am so much for Forex trading, but obviously it’s something that we need to do with proper way and method and only then we are likely to benefit and able to succeed. I am extremely fortunate that I am working with broker like OctaFX where they have high class benefits and features that include having small spreads from 0.1 pips to high leverage up to 1.500 while there is also 50% bonus on deposit which is use able, so all this works absolutely in my favor and helps me with performance in big way!
Tyson Gordon
  • Posts: 10
  • Joined: 16/09/2017
I think any great broker will dependably bolster traders in their developed as opposed to fleeing and for the most part training and experience missing from the table is the thing that prompts losses, so when we pick up these things well, we will naturally expand our opportunity to succeed and with Jmfinancial.Eu, it is a considerable measure simpler with having free demo account office in addition to incredible tips and aides that aides a considerable amount. The base introductory deposit of the broker is just 100$.
John Davison
  • Posts: 68
  • Joined: 03/09/2017
Obviously prime reason for trading forex is money. It gives you the freedom from 9 to 5 tadious job. You can get the freedom of money and time. Making money in sitting home is also enjoyable. I am trading forex with FXPM. I chose this broker because of their educational resources. I find them very useful.
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