Spot Currency Trading - The Advantages
Non-Stop Trading Around The World! Foreign exchange market trading commences in Asia around 24:00 CET Sunday evening and ends in the United States on Friday around 23:00 CET. During this 24 hours period, three trading sessions take place in Asian, U.K. and U.S. foreign exchange markets, one-after-another. Asian trading session is overlapped by European session and European session is overlapped by U.S. trading session. There are always some financial centers open and currencies like Euro, US Dollar, Japanese Yen etc. are being bought or sold !
Extremely impressive Liquidity, Breadth and Depth of the market
Daily trading volumes estimated to cross 3 trillion US Dollars globally!!!
Truly 24 hours-a-day market: following the Sun around the Earth!
The largest and most liquid financial market in the world
Foreign Exchange market is approximately 32 times larger than all equity markets put together!!
Governments, central banks, large banks, hedge funds, pension funds, multinational corporations, international business groups, investment firms, forex brokers, market-makers and many other financial & non-financial companies are the major market participants
Few currency pairs to track compared to thousands of shares listed on different stock exchanges for fundamental and technical analysis!
Almost nil or no "insider information" in Foreign Exchange market!
Over-the-Counter market: no exchange or clearing house physically located in a particular country
Individuals, small traders, day traders and speculators can easily participate with less trading capital
Different usage possible: as investment, hedging or speculation instrument!
The power of leverage: up to 1% margin facility available
Trader can control a position of 10 times larger than the trading capital!
Very low trading costs compared to other financial markets
Sell before you buy: short selling possible
Daily price movement: no restriction - no limit up or no limit down!
Foreign Exchange almost always involved in practically all financial transactions
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Risk Disclaimer for information on currency trading risks.