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Why do we trade FOREX?

Why do we trade FOREX?

2021-07-05
Why do we trade FOREX?
  1. 1. Forex is a 24-Hour Market with margin trading. The FOREX market is opened around the clock, so you can trade at your preferred time.
  2. 2. FOREX trading is usually leveraged. Investors can control a very large amount of total contract value with a small margin. Leverage gives investors the ability to make high profits (but at the same time the losses are amplified).
  3. 3. High liquidity, low barriers to entry, and the ubiquity of a variety of free tools on the market are also benefits of FOREX trading.
  4. 4. This global market with an immense daily trading volume, no individual investor in FOREX is able to dominate the FOREX market.
  5. 5. And trading costs are relatively low. It is only concerned with spread.

So, FOREX has many unique advantages over other markets.