Historically, the FX market was available most to major banks, multinational
corporations and other participants who traded in large transaction sizes and
volumes. Small-scale traders including individuals like you and I, had little
access to this market for such a long time. Now with the advent of the Internet
and technology, FX trading is becoming an increasingly popular investment
alternative for the general public.
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The benefits of trading the
currency market:
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It is open 24-hours and it closes
only on the weekends;
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It is very liquid and efficient;
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It is very volatile;
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It has very low transaction costs;
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You can use a high level of
leverage (borrowed money) with ease; and
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You can profit from a bull or a
bear market.
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Continuous, 24-Hour Trading
The currency exchange is a 24-hour market. You may decide to trade after you
come home from work. Regardless of what time-frame you want to trade at whatever
time of the day, there would be enough buyers and sellers to take the other side
of your trade. This feature of the market gives you enough flexibility to manage
your trading around your daily routine.
