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Friday, 11 November 2016
5 REASONS WHY YOU SHOULD TRADE FOREX
Here are five(5) reasons why you should be a part of the largest market in the world:
1. 100:1 Leverage:
Leverage enables you to hold a position worth up to 100 times more than your margin deposit.
For example, a USD 10.000 deposit can command positions of up to USD 1,000,000 through leverage.
2. Profit potential in falling or rising markets:
Since the market is constantly moving, there are always trading opportunities, whether a currency is strengthening or weakening in relation to another currency.
When you trade currencies, they literally move against each other.
If the EUR/USD declines, for example, it is because the USD gets stronger against the EUR and vice versa.
So, if you think the EUR/USD will decline (that is, that the EUR will weaken versus the dollar), you would sell EUR now and then later you buy it(EUR) back at a lower price to make profit.
The opposite trading scenario would occur if the EUR/USD appreciates.
3. 24 HOUR TRADING OPPORTUNITY:
In forex market, you have the opportunity to trade 24 hours a day, 5 days a week.
This gives you a unique opportunity to react instantly to breaking news that is affecting the market, to make profit from the market.
4. Commission free market:
The fact that forex is often traded without commission makes it very attractive as an investment opportunity for investors like you.
Trading the "majors" is cheaper than trading other cross(currency pairs) because of the high level of liquidity associated with trading the major currencies.
5. High level of liquidity in forex market:
The forex market is so liquid that there are always buyers and sellers to trade with.
The liquidity, especially that of the major currencies help ensure price stability and narrow spreads.
The liquidity comes mainly from banks.
Visit the following links to open your forex trading account and start today:
www.agea.com/?gid=53541 and
www.instaforex.com/en/index.php?x=LGYM
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