Why Trade the Forex Market?
Forex trading has become a global phenomenon over the last decade and it has become one of the most popular means of entering the world of financial markets.
Forex is the most liquid of all financial markets, with an average of $5.4 Trillion being traded in volume on a daily basis compared to the New York Stock Exchange at $22.4 billion.
Foreign exchange is traded globally therefore is always active in various time-zones. What this means is that trading is up and live 24 hours a day and 5 days a week. This accommodates people within various paths of life; you can trade at night, after work, in the mornings etc.
The trading platform is available for download on your PC as well as android phones and iPad which makes it ever more accessible “ you can literally trade on the go!
Leverage such as 1:500 increases your purchasing power by literally 500 times. This enables you to make big profits with a relatively small account size. Various leverage ratios are available such as 1:1, 1:100, 1:200, etc.