2. Introduction
Forex trading which also is called by another name
“Foreign Exchange Trading” which deals with
currency trading. Currency is the most important
factor in this world. Currency trade exchange is liable
and important for foreign trade and the import and
export business.
3. Advantages of Forex Trading
Flexibility in trading
Individual Control
Reasonable Cost
High Liquidity
Works 24 hours
Confidence
Transparency in information provided
No involvement of Central Exchange
4. Flexibility in Trading
It is provides a lot of flexibility to the traders and
business men with respect to trading goods and
services. There is no restriction or limit on how much
currency to be used for trading.
5. Individual Control
One of the main and fundamental advantages of
having a career in Forex trading would be that the
individual himself has complete control with respect
to making a trade. There are no signs of anyone
forcing the person in making a trade forex which he
doesn’t abide with.
6. Transparency in Information Provided
It is big and large in size and operates 24/7 across
all country in different time zones. Even though the
Forex market provides information easily to the
public about its rates and current forecast. It is fairly
judged that it is a short term advantage because of
the time taken for the information to be passed but if
taken into mind the size of the market.
7. Reasonable Cost
It’s gives a lot of option but it also is a low cost
investing compared to other means of investment.
It’s a reasonable factor of trading and investing. If
done comparison on percentage basis, the forex
market is pretty reasonable compared to other
markets.
8. High Liquidity
Foreign exchange market has the largest and
highest number of participants compared to other
financial market. This promotes higher liquidity which
brings forth the big players in the market which fills
the large orders of the currency trade.
9. No involvement of Central Exchange
There is no involvement of Central Exchange but
they interfere in the market but under very rare
cases and extreme conditions. Such a market gives
more advantage for the investors to not come
through a situation of sudden surprises in price falls
or price manipulation.
10. Works 24 hours
The Forex trading programs operates 24 hours in a
day and 7 days in a week so in short it is always
functioning no matter what is the situation it doesn’t
get affected. The traders can take this as part time
job and can work in whatever conventional hours
they are comfortable in.
11. Confidence
The confidence level increases when the investor hit
the jackpot which in turn creates goodwill. With the
high level of confidence the investor can be overly
active in trading currency which can create traffic.
12. How Does the Forex Market Work?
The Forex market has been operating in one form or
another for the past few decades and is based on
speculation of the price between two currency
values. The trading of these currencies takes place
on the Foreign Exchange Market and allows
investors the opportunity to purchase a currency pair
that they hope changes in value over time. This
difference in the price of one of the currencies
against the other provides a profit for the investor
holding the right currency pair.
14. Who I Am..
Matthew Poiset is a Senior Vice President at
Tradition NA which located in New York City who
provide the help in financial and top-notch customer
services.