The Foreign Exchange (Forex or FX) market is the worlds' largest financial market with over $3.2 trillion traded daily.
Forex is very similar to other financial markets. For example, Forex is traded with recognizable patterns and clearly defined technical applications, comparable to those in stock trading. But the real advantages of Forex trading are obvious in the market's unique features.
- Greater Buying Power
- 24 Hour Trading Activity during market hours
Historically, access to the Forex market was only available to the largest financial institutions but with advances in modern technology it is has become available to the masses.
AT $3.2 trillion PER DAY, FOREX IS THE MOST TRADED MARKET IN THE WORLD
The sheer volume of Forex helps to facilitate price stability in most market conditions. What's more - more than 85% of all currency transactions involve the 7 major currency pairs.
KEEP 100% OF YOUR TRADING PROFITS
Trade Real-Time charges NO commissions or fees*, while still offering free access to real-time quotes, news, charts, research, and more. The cost of trading is built into the bid/ask spread. Also, dealing spreads as low as 3 pips (.0003) are available in currency trading. Even at a penny ($.01), the bid/ask on a stock trade is 30x wider, in addition to the brokerage commission.
CONTROL UP TO 200:1 LEVERAGE
With more buying power, you can increase your total return on investment with less cash outlay. Of course, increasing leverage increases risk. With $1,000 cash in a margin account that allows 200:1 leverage (.5%), you can trade up to $200,000 in notional value.
TRADE ON YOUR SCHEDULE: RESPOND TO CHANGES IN THE MARKET IMMEDIATELY
Forex is a true 24-hour market, open continuously from 5:00pm ET on Sunday to 4:30pm ET on Friday. With three distinct trading sessions in the US, Europe and Asia, you can trade on your own schedule and respond to breaking news immediately.
NO SHORT SELLING RESTRICTIONS
Forex trading always involves buying one currency and selling another, so traders can easily trade in a rising or falling market. There is no Zero Uptick rule or any other restriction against shorting a currency.
*Trade Real-Time is compensated by a portion of the bid ask spread
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