Post No. 23

Advantages of trading the Forex Market• High Leverage (low margin): Generally forex brokerage service providers offer aleverage of 100:1. This means for every $1,000 you place in your account you haveaccess to trade with $100,000 worth of contracts.The traders can utilize a small amount of funds in order to take a large position. If youshould happen to incur a loss, your broker will close your position when the loss equals the balance in your account.• Liquidity: The forex market trades between $1.5 and $2 trillion daily. The marketorders are almost filled instantaneously and the market is too large for any one tocontrol.• 24 Hour trading: The forex market operates 24 hours a day from Monday morningSydney – Australia time to Friday evening New York (EST) time. Therefore tradershave immediate access to information, their accounts and transaction ability. • Trade both sides of the market: You can profit from price movements in eitherdirection, whether prices are going up or down. You can profit in a bear or a bullishmarket and the economy of any country is irrelevant to make profits.• Low trading costs: Forex brokers will only charge you for the difference of a bid and ask price.sell price quote. There are no commissions or other charges payable buy the trader.