The Forex market is open 24 hours. Many brokers are open from Sunday at 2pm EST until Friday at 4pm EST with customer service available 24/7. With the ability to trade during market hours of the U.S., Asia and Europe, you can make your own hours of operation.
2. Commission Free
Many brokers charge no commission or additional transactions for transactions online or by phone. Combined with the tight, consistent and transparent spread, the cost of forex transactions are lower than most other markets. The brokers make up their services through the purchase and sale.
3. Instant order execution
Its operations are instantly executed under normal market conditions. You also have certain to make the asking price under normal market conditions. Which gives the click is the price you bought or sold.
There is no discrepancy between the price displayed on the platform and the price where you got your operation. Remember that most brokers ensure accurate execution of your orders. These are instantaneous in most cases and only in situations of high market volatility, the execution of the orders may experience delays.
4. Selling without the Uptick rule
In the stock market to limit the sale thereof, there is the uptick rule, which only opens a short position if the last change in the price of it was up.
Unlike the conventional market, there are no restrictions on the size of the sales of foreign exchange market. Opportunities exist in the forex market, whether its operation is long or short, or how the market is moving.
Since currency trading always involves buying one currency and selling another, the market takes a structured course, so there is always the same access to operate regardless of whether it is a market that is growing or declining.
Centralized operations are many advantages to traders. However, one problem with centralized operations are the intermediaries, the currency market does not use a middleman and allows customers to interact directly with the generator market in particular currency pair. Forex traders have faster access and lower costs.
The purchase and sale programs do not control the market
How many times have you heard that the Fund "A" is needed to sell "X" or buying "Z"? This rumor is given on the basis that the funds were taking profits at the end of the financial year or because today something important happens, all this as an explanation of why certain stocks rose, or the market generally low or positive.
Stocks are generally very susceptible to buying or selling funds. Forex Market liquidity assimilated to any fund or bank wanting to control a currency pair. Banks, governments, capitalization funds, and a large network of individuals, are just some of the participants in the foreign exchange market where liquidity is unpredictable.
Analysts and brokerage firms have less opportunity to influence the market
Lately you've probably heard an analyst at a prestigious brokerage firm accused of recommending buying stocks when these would depreciate quickly. This is the kind of nature of the stock market, no matter what the government does to stop and deter this type of activity, as this type of behavior will continue.
The IPO's (when a private company goes public offering shares) are big business for both companies and the brokerage houses. The relationship is mutually beneficial and analysts work for brokerage firms that needs the company as a client.
The currency market as a primary market, is a global market need that generates billions in revenue for banks worldwide. Analysts in the currency market where handle market changes, just analyze the forex market.
8,000 shares versus 4 Currencies
There are approximately 4,500 shares in New York Stock Exchange. Other 3,500 more on the NASDAQ. Which to choose? Have the time to keep up with so many companies? In the currency market, there are dozens of pairs currency with which to operate, but most traders and work with only 3 or 4 couples. Are not 4 pairs of exchange much easier to handle thousands of actions?
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