Here are some obvious benefits that we can get in trading FOREX.
- Leverage. It allows people to take control of a large value of monies even with a small amount of deposit. This is also known as trading in margin.
- FOREX trade are inherently two-way. Basically there are two currencies involve.
- Liquidity. The FOREX market is by far the most liquid market in the planet. More liquid market then the more efficient the execution will be.
- Round the clock trading. FOREX is truly a 24-hour market.
- Tight spreads. There are no commissions to pay.
- You can trade in small transaction sizes. The minimum as of now is at 1000 pounds or at 10 cents/PIP.
- FOREX offers access to a wide range of economies.