FIND out Why Trade in Currencies?
There are 10 major reasons why the currency market is a great place to trade:
1-You can trade to any style - strategies can be built on five-minute charts, hourly charts ,daily charts or even weekly charts.
2-There is a massive amount of information - charts, real-time news, top level research - all available for free.
3-All key information is public and disseminated instantly.
4-You can collect interest on trades on a daily or even hourly basis.
5-Lot sizes can be customized, meaning that you can trade with as little as $500 dollars at nearly the same execution costs as accounts that trade $500 million.
6-Customizable leverage allows you to be as conservative or as aggressive as you like (cash on cash or 100:1 margin).
7-No commission means that every win or loss is cleanly accounted for in the P&L.
8-You can trade 24 hours a day with ample liquidity ($20 million up)
9-There is no discrimination between going short or long (no uptick rule).
10-You can't lose more capital than you put in (automatic margin call)
There are 10 major reasons why the currency market is a great place to trade:
1-You can trade to any style - strategies can be built on five-minute charts, hourly charts ,daily charts or even weekly charts.
2-There is a massive amount of information - charts, real-time news, top level research - all available for free.
3-All key information is public and disseminated instantly.
4-You can collect interest on trades on a daily or even hourly basis.
5-Lot sizes can be customized, meaning that you can trade with as little as $500 dollars at nearly the same execution costs as accounts that trade $500 million.
6-Customizable leverage allows you to be as conservative or as aggressive as you like (cash on cash or 100:1 margin).
7-No commission means that every win or loss is cleanly accounted for in the P&L.
8-You can trade 24 hours a day with ample liquidity ($20 million up)
9-There is no discrimination between going short or long (no uptick rule).
10-You can't lose more capital than you put in (automatic margin call)
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