There are lots of advantages of trading in the market of forex. There is a myth and that is the trading and investing are the two exact different things. Because according to some forex experts: every trader who invests, there is a difference in the time period. That is also a lesson for the traders who want to learn the trading tips.
Now, there are some of the features of currency trading and that are as follows:
Liquidity —In the world the market of forex is the most runniness market. Approximately around 1.9 trillion dollars are going to be trade each day. The market of commodity trades approx 440 billion dollar in a day and the market of US stock trades 200 billion dollars in each day. So it confirms easily execration trading in the markets.
Forex Trading Times — The fx market not closed for a minute in a day (apart weekends). So from Sunday’s 3:00(EST) pm to Friday’s 5:00(EST) pm the market opened, and always provide traders to select their own time to trade whenever they want. The timing of commodity trading is between 08:30am to 6:30 pm(ET) on working days.
Cost of trading— The cost of transaction is the confliction between the purchase and sell price for all the currency pairs. The brokerage fees are not required. In case of commodity market and stock market you have to pay the transaction cost as well as the brokerage fees. Is doesn’t matter that you are using the discount broker. You have to pay all the fees.
Minimum investment — The opening amount to trade forex is so little that is just $300. And that puts $5,000 for opening the trading account in future.
Focus —A huge part of trading transaction that is 85 percent can create on seven major currencies. In the stock market of UK there are about 40,000 stocks. And about more than 200 markets of commodity. And a few equipment that allowed us to study.
We can make a attractive trade with the help of above features. Along that features it is also necessary to keep patience, deep education and last but most important is discipline.
Now, there are some of the features of currency trading and that are as follows:
Liquidity —In the world the market of forex is the most runniness market. Approximately around 1.9 trillion dollars are going to be trade each day. The market of commodity trades approx 440 billion dollar in a day and the market of US stock trades 200 billion dollars in each day. So it confirms easily execration trading in the markets.
Forex Trading Times — The fx market not closed for a minute in a day (apart weekends). So from Sunday’s 3:00(EST) pm to Friday’s 5:00(EST) pm the market opened, and always provide traders to select their own time to trade whenever they want. The timing of commodity trading is between 08:30am to 6:30 pm(ET) on working days.
Cost of trading— The cost of transaction is the confliction between the purchase and sell price for all the currency pairs. The brokerage fees are not required. In case of commodity market and stock market you have to pay the transaction cost as well as the brokerage fees. Is doesn’t matter that you are using the discount broker. You have to pay all the fees.
Minimum investment — The opening amount to trade forex is so little that is just $300. And that puts $5,000 for opening the trading account in future.
Focus —A huge part of trading transaction that is 85 percent can create on seven major currencies. In the stock market of UK there are about 40,000 stocks. And about more than 200 markets of commodity. And a few equipment that allowed us to study.
We can make a attractive trade with the help of above features. Along that features it is also necessary to keep patience, deep education and last but most important is discipline.
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