What Are The Advantages Of Trading In Forex Rather Than Stocks?
November 8th, 2009 | by Frenday |sisyphus,
the following are some of the reasons i could share with you why trading forex is advantageous compared to stocks;
*forex is traded 24 hours a day from Sunday evening (20:00 GMT) to Friday evening (22:00 GMT)
*liquidity – there are always buyers and sellers to trade with
*forex is often traded without commissions which makes it very attractive as an investment opportunity for investors who want to deal on a frequent basis.
*leveraging – with a minimum account of USD 10,000, for example, you can trade up to USD 500,000.
*profit potential- there are always trading opportunities, whether a currency is strengthening or weakening in relation to another currency.
for more info, you may check this site and register to download a Free Forex Ebook and a Free $50k Practice account as well. all the best.
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2 Responses to “What Are The Advantages Of Trading In Forex Rather Than Stocks?”
By ulverston on Nov 8, 2009 | Reply
Its just a different security. It has to do with what you like to do, and how much you know about each of them. Many of the big time investors used to deal more with stocks, so it was easier to get into the forex market to make money (as you weren’t competing against other top investors), but with the stock market the way it is right now, that is starting to change.
By www.Brie on Nov 8, 2009 | Reply
the major advantage is the time. If you are planning on getting into generating a forex income part time, it affords you to test the waters after your work hours and on week ends.