Why trade Forex?
Forex has many advantages over other markets such as stocks and options.
- Forex is the market that never sleeps. You can trade 24-hours per day throughout the week.
- Leverage! Forex brokers offer 200:1 leverage or even higher sometimes. That means you can control a lot of cash with a small investment.
- Low cost of entry. There are many good Forex brokers out there that will allow you to open an account with as little as $100 charged from your credit card. Anyone can afford to trade Forex.
- Highly liquid. Billions of dollars are trading hands every day on the currency markets. This leads to quick executions and low bid/ask spreads.