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Forex Trading Online - 7 Reasons Why You Should!
Forex trading online is a fast way to use your investmentcapital to it's fullest. The Forex markets offer distinctadvantages to the small and large traders alike, makingForex currency trading in many ways preferable to othermarkets such as stocks, options or traditional futures. Hereare seven reasons why you'll want to look into Forex Tradingonline. 1 - Forex is the largest market. Forex trading volume of more than 1.9 billion, more than 3times larger than the equities market and more than 5 timesbigger than futures, give Forex traders nearly unlimitedliquidity and flexibility. 2 - Forex never sleeps! You can execute forex trading online 24/7, from 7AM NewZealand time on Monday morning, to 5PM New York time onFriday evening. No waiting for markets to open: they're openall night! This makes Forex trading online a very attractivecomponent that fits easily into your day (or night!) 3 - No Bulls or Bears! Because Forex trading online involves the buying of onecurrency while simultaneously selling another, you have anequal opportunity for profit no matter which direction thecurrency is headed. Another advantage is that there are onlyaround 14 pairs of currencies to trade, as opposed to manythousands of stocks, options and futures. 4 - Forex Trading online offers great leverage! You can make the most of your investment resources withForex trading online. Some brokers offer 200:1 margin ratiosin your trading accounts. Mini-FX accounts, which cantypically be opened with only $200-300, offer 0.5% margin,meaning that $50 in trading capital can control a 10,000unit currency position. This is why people are flocking toForex trading online as a way to highly leverage theirinvestments. 5 - Forex prices are predictable. Currency prices, though volatile, tend to create and followtrends, allowing the technically trained Forex trader tospot and take advantage of many entry and exit points. 6 - Forex trading online is commission free! That's right! No commissions, no exchange fees or any otherhidden fees. This is a very transparent market, and you'llfind it very easy to research the currencies and thecountries involved. Forex brokers make a small percentage ofthe bid/ask spread, and that's it. No longer any need tocompute commissions and fees when executing a trade. 7 - Forex trading online is instant! The FX market is astoundingly fast! Your orders areexecuted, filled and confirmed usually within 1-2 seconds.Since this is all done electronically with no humansinvolved, there is little to slow it down! Forex trading online can get you where you want to goquicker and more profitably than any other form of trading.Check it out and see what Forex trading online can do foryou! Keith Thompson is the webmaster of Forex TradingToday; a blog focusing on the latest Forex news andresources.
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