| FOREX Business School : What is FOREX?
A FOREX trader avoids many common headaches associated with running a business because there is NO inventory, NO shipping, NO billing, NO collections, NO employees, NO commuting and NO dress code.
And finally, since FOREX traders can potentially earn a very high income, they enjoy the possibility of never working for someone else again!
Retain 100% of your trading profits
Benefit from superior liquidity
Profit in both rising and falling markets
Trade on your schedule, respond to market changes immediately
The Benefits of FOREX Trading
No Short Selling Restrictions
FOREX trading always involves buying one currency and selling another, so traders can easily trade in a rising or falling market. There is no Zero Uptick rule or any other restriction against shorting a currency.
At $1.9 Trillion Per Day, FOREX is the Largest, Most Liquid Market in the World
The sheer volume of FOREX facilitates price stability, with less slippage. What's more, almost 90% of all currency transactions involve the 7 major currency pairs. As a result, these currencies exhibit smooth trends and enjoy the tightest dealing spreads and highest level of liquidity.
Trade on Your Schedule; Respond to Changes in the Market Immediately
FOREX is a true 24-hour market, open continuously from 5:00pm ET on Sunday to 4:30 pm on Friday. With three distinct trading sessions in the US, Europe and Asia, you can trade on your own schedule and respond to breaking news immediately.
Keep 100% of Your Trading Profits
FOREX.com charges NO commissions or fees*, while still offering free access to real-time quotes, news, charts, research, and more. Also, dealing spreads as low as 3 pips (.0003) are available in currency trading. Even at a penny ($.01), the bid/ask on a stock trade is 30x wider, in addition to the brokerage commission.
Control Up to 200:1 Leverage
With more buying power, you can increase your total return on investment with less cash outlay. For example, with $1,000 cash in a margin account that allows 200:1 leverage (.5%), you can control up to $200,000 in notional value. Of course, trading on margin magnifies both your profits and your losses.
source: forexbusinessschool.com
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