The benefits of trading Forex (FX) online include but are not limited to the following:
- Real time live price quotes and execution
- Lower transaction costs
- Real time account position analysis as it relates to Profits & Losses
- Free full access to real time market news, data and analysis - including real-time price quotes, international news, government-issued economic indicators and reports, as well as subjective information such as expert commentary and analysis, trader chat forums etc.
The benefits of trading Forex (FX) vs. Equities & Futures Contracts are:
- Around the clock trading capability - 24 Hour a day trading (Weekdays)
- High level of liquidity, especially in the major currencies as the market exceeds US $1.8 Trillion daily.
- Highly leveraged with utilization of margins which allows for profit maximization and minimal up-front deposits. Please beware that this also indicates that the potential for losses is great as well if a prudent strategy is not adhered to.
- Lower transaction costs as most brokers do not charge commissions / fees as they operate from the width of the spreads in currency pairs.
- Real Time level information field between market participants
- Profit potential without restrictions in both a Long and a Short market (No up tick rule as in a Stock Short transaction).
- Uses easily understood terminology
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