Posts made in August 30th, 2017

What is Forex Trading and its benefits

Posted on Aug 30, 2017 in Uncategorized

The word ’Forex’ stands for foreign exchange, also known as FX, in simple terms also termed as currency market. Forex trading is world’s largest Liquid financial market, which makes a trade of around $4 trillion every day.

As we sell or buy stocks and shares regularly in market,  this forex trading involves in buying and selling currencies,  here we want to buy a currency at a lower price and sell it at a higher price in order to make profit. Currency exchange is important to us, whether we believe it or not. For instance you are staying at one country, but you want to buy a product from a place not in your country, then you would have to exchange the equivalent value of money from one currency into another. Thus forex trading comes into picture. The market is open 24 hours a day, five and half days a week, located in every location of the world.

Forex Trading

For more details of forex trading visit http://www.pipspread.com/

Benefits of forex trading:

Accessibility: we can start forex trading with a relatively small amount when it is compared to stocks. For small size traders this is the most important benefit.

Liquidity:  Under normal market condition, with a single mouse click we can buy and sell instantaneously, and an investor will be willingly ready to take the other side of your trade.

Volatility: Here investor can switch from one currency to other, if he finds profit or good investment in that. Volatility gives a good return just by switching the currency.

Short Trades: Selling currencies without acquiring them is benefit of forex, here we can sell high, and then buy low, and this way you can make profit.

Trading Options:  Who do not want more options let it be a normal pen or clothes. We all look for options available and forex trading is one where we have various options to trade.

To know more about forex trading visit http://www.pipspread.com/

 

 

 

 

 

 

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