What are the advantages of trading forex?
• Highly liquid markets. • Leverage available (remember this affects losses as well as profits). • Full transparency with 100% electronic execution. • Low transaction costs. • Trending markets. • The largest and most liquid market in the world – currently worth $2 trillion daily. • Multiple liquidity providers. • Institutional pricing at retail level. • 24 hour trading. • Ease of trading – enter and exit markets anytime. • Transparent, competitive two-way prices. • No commissions or other dealing charges (AxiTrader make their money on the spread). • Multiple trade sizes. • No delivery or contract expiry. • Many currency pairs to trade. • There is never a bear market – you have the ability to profit in rising and falling markets. • When it comes to trading and investing strategies, it could be argued that FX is the ‘purest’ market available: The Euro is not going to issue a profits warning, no director is going to sell a large holding of stock and any analysts’ downgrade is going to hav