Why to choose Forex?

Why to choose Forex?

Confused, ''Why to choose forex''? CPRON is here to assist you. Step by step guidelines presented by Sohel Adi.

First of all, forex is Flexible. For this, Online Forex Trading has become very popular in the past decade. It offers traders several advantages:

FOREX NEVER SLEEPS

Trading goes on all around the Globe during different countries' business hours. You may, therefore, trade major currencies, commodities at any time; 24 hours a day, 5 days a week. Since, there are no set exchange hours; it means that there is also something happening at almost any time of the day or night.

GO LONG OR SHORT

Unlike many other Monetary Markets, where it can be difficult to sell short, there are no confines on shorting currencies. If you think a currency will go up, just buy it. If you think it will fall, just sell it. This means, there is no such thing -it's a bear market. In forex, you can make (or lose) money any time.

LOW TRADING COSTS

Most forex accounts are made up of low, viable commissions and super-tight spreads. You can trade the direct quotes from any liquidity providers with no hidden markups.

UNMATCHED LIQUIDITY

Forex is a $5.3 trillion a day market, with most concentration on only a few currencies, where there are always a lot of people trading. This makes it ''typically'' very easy to get into and out of trades at any time (even in large sizes).

AVAILABLE LEVERAGE

Because of the deep liquidity available in the forex market, you can trade forex with a considerable leverage (up to 50:1). This may allow you to take advantage of even the smallest moves in the market. Leverage is a double-edged sword, as it can significantly increase your losses as well as your gains.

INTERNATIONAL EXPOSURE

As the World becomes more and more Global, investors hunt for unique opportunities anywhere they can. If you eager to take a broad opinion and invest in another country (or sell it short!), definitely forex is an easy way to gain exposure while avoiding vagaries such as Foreign Securities Laws and Financial Statements in other languages.

Thanks for being with cpron.blogspot.com. To learn more keep an eye on Computer Professionals Network -a gateway to Outsourcing in Bangladesh.

Sohel Adi is founder of CPRON -a Dhaka based Outsourcing Agency that provides Websites, SEO, SMM and a full suite of digital services to small and medium scale of businesses. CPRON also provides e-training for Business Owners, Executives and Students. CPRON offers Custom Training to Companies/Agencies around the GLOBE (preferably Bangladesh) on SEO, Content Strategy and other Digital Marketing disciplines.

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