Advantages of forex trading:
- The superiority of the trading tools: The Forex trading market mechanism works with excellent tools, with these tools the client can contain the targeted price of any pair between 2 buying/selling orders, on top of the ability of specifying a particular time for the transaction to be executed.
- The money abundance of the market: The daily size of the traded amounts in this market is very large as it easily exceeds the mounts traded in the regular monetary markets. This attracts the traders that are able to open/close the positions and transactions in the any desired time, size, and quantity.
- The margin system: Using this system enables the trader to make deals the exceeds his/her capital with a percentage of 1 : 500.
- Reading the market’s movement: The forex trader can monitor the currency pairs movement through monitoring the charts and graphs which include a predicted movement line shows the expected move of the pair, this is based on the usual behavior of each pair.
- Fees: The forex trader in this market does not usually pay any fees for the deals except for the difference in points between the demand/ supply prices for every deal, which varies dependant on the broker.
- The completed transactions: As soon as the forex trader makes the transaction the deal is completely done with the displayed price at the time, this means that the deal is done at once and not broken into parts which can vary in price as happens in other monetary markets.
- The market Time: The forex market is open 24 hours a day, Sunday to Friday every week, this gives the trader the freedom to work at any time without having to be restricted with opening/closing time as it is a fact in other monetary markets.
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