When people decided to trade, they are in a dilemma of choosing the market and they will look for one in which they can yield more profit and where there is less conditions on trading. So the following are a few merits that you can receive when you make an investment in FOREX market.
- Availability – It is a market that never sleeps and will be kept open for 24 hours a day and 5 days a week. Because of this aspect you can trade any time of day, noon and night and it is totally up to you.
- High liquidity- This market is the most liquid market in this world and liquidity is nothing but the ability to convert your any assert into cash. There are more number of buyers and sellers who are interested to make a trade.
- Low transaction cost – When you make a transaction with FOREX, its price is generally low and keep in your mind that your broker will also ask for commission to help in making your transaction.
- Nobody owns the market – No one can have control over this FOREX market and so we can say that it is a decentralized market and also there is no involvement of third party service or in short no middleman.
- Leverage – It can make your money to go further, no matter how small amount you have deposited, you can even borrow money from your broker and trade it with funds that you have actually deposited in Forex Investments.
So, when you are in a confusion of choosing stock market or FOREX to make an investment, you can definitely choose Foreign currency Exchange so that you can make high profit. Thus, your financial needs can be satisfied with this type f trading in short time.