No commissions. No middlemen. Spot currency trading eliminates the middlemen, and allows you to trade directly with the market.
No fixed lot size. In Forex, you determine your own lot size. This allows traders to participate with low minimums - however this is not recommended.
Low transaction costs. The retail transaction cost (the bid/ask spread) is typically less than 0.1 percent under normal market conditions. At larger dealers, the spread could be as low as .07 percent.
A 24-hour market. There is no waiting for the opening bell - from Sunday evening to Friday afternoon EST, the Forex market never sleeps. This is awesome for those who want to trade on a part-time basis, because you can choose when you want to trade-morning, noon or night.
Leverage. In Forex trading, a small margin deposit can control a much larger total contract value. Leverage gives the trader the ability to make nice profits, and at the same time keep risk capital to a minimum - however leverage can be dangerous if not monitored.
High Liquidity. The Forex Market is so enormous, it is also extremely liquid. You will never get "stuck" in a trade. You can even set your online trading platform to automatically close your position at your desired profit level (a limit order), and/or close a trade if a trade is going against you (a stop loss order).
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