7 Reasons Why FOREX Trading Is Better Than Stock Trading Or Futures Trading

7 Reasons Why FOREX Trading Is Better Than Stock Trading Or Futures Trading

by Yusoff Allian

1. Trade 24 hours a day! With the possible exception of a few hours on the weekend, the FOREX market is open around the clock. Compare that to the stock market and the futures market which usually opens at 9:30am and closes at 4pm EST in North America. Due to the global nature of the FOREX market you're able to trade at your convenience, day or night.

2. No commissions. Tired of paying upwards of $30 per trade for a simple stock transaction? You don't have to worry about that when trading on the FOREX market. Your FOREX broker makes their money by taking the difference in price between the ask price and bid price for the currency being traded. This means no money out of your pocket.

3. Instant order fulfillment. A common complaint (and sad fact of life) when it comes to trading on the stock or futures market is that there is often a delay between when you place your order and when it actually gets filled. This can mean the difference between making a bundle and making nothing at all. Due to the incredibly high volume of transactions that occur daily on the FOREX market you can fill your orders instantly based on the real-time data you see on your trading platform. There can be occasions when the market is particularly volatile which can result in some minor delays, but for the most part you get what you see is what you pay for.

4. No middlemen. Unlike equity exchanges, FOREX traders can access the market maker directly without having to go through an intermediary first. This means that a FOREX trader can buy or sell directly from the entity that decides on the price for a given currency pair. Because an extra layer of communication has been eliminated, FOREX traders benefit from cheaper costs and gain quicker access to trades.

5. No unfair influence. We've all seen it on T.V. or read about it on the news - talking heads telling us to buy when a stock's price is plummeting, assuring us that everything will be alright in the end. The truth is that the only one that wins is the firm issuing that so-called advice while the average investor is left to lick his wounds. The FOREX market cannot be influenced by any one brokerage or person as it is representative of a country's economic health and not opinion, and is therefore immune to any attempt at influence.

6. No choice overload. There are over 8000 stock available to trade on the NASDAQ and NYSE alone - that's an awful lot of news to keep up with on a daily basis, and an awful lot of analysis to perform before you begin your next trade. Compare that to the FOREX market which, although it gives you access to dozens of different currencies, tends to focus on the four major currency pairs. This drastically reduces your research time and allows you to enter the market far more quickly.

7. Limited risk. FOREX traders must enable margin limits to mitigate risk. The trading platform of your choice will automatically issue a margin call if the margin amount required by your account exceeds the actual capital available in your account. What this means is that the most you can possibly lose is the money you have sitting in your FOREX trading account. With futures trading it is possible for a margin call to occur at a loss, leaving you liable for any amount not available in your account.

Can You be Successful Forex Trading?

Can You be Successful Forex Trading?

by Rick Williamson

Let's talk about foreign exchange trading. It is the largest market in the world. It is larger than the stock market. Let's take a closer look. Trillions of dollars are traded every day. In the early days, banks, world wide companies and wealthy speculators traded foreign exchange.Today with the growth of the internet and online brokerages, the currency exchange market has exploded so that anyone with a computer who can sit down to trade.

Currencies traded are the US dollar, the Eurodollar, the Japanese yen, the Swiss franc and the British pound. These are expressed in pairs. One of the pair is bought and one of the pair is sold. A person with a computer and internet connection and some knowledge of this market can buy or sell these pairs through a brokerage. These brokerages have real time currency prices, charting features, instant execution and real time news and features.

There are many reasons to trade currency. Banks and large world wide companies trade as a function of doing international business. Speculators trade to make money. In 1992, a well known speculator made a billion dollars in one day trading the pound against the dollar. Maybe we all can not do that but there is money to be made trading currency. A person needs some time, some knowledge and the internet.

A person becomes interested as they spend time with this market. It can be an exciting venture. Most brokerages supply a "fake money" account so you can practice trading without losing money. When you become comfortable, move into the into real money and real profits. Happy trading.

Free online forex trading course

Free online forex trading course

by Nick Schultz

Learning something new is always a cumbersome process, and if one is expected to sit in a classroom for hours on end, it makes the subject uninteresting. In today's world, where everything is done in record time and people have no time to mull over things, the Internet has been the best invention, and the most useful. There are many websites that offer courses on every possible topic and area. There are some sites that are already offering Free online forex trading courses. To learn a course online means you have to download the study material, and spending time learning on your own. And most of these courses charge a fee for the material and the guidance they provide. However, there are some that give you the same free of charge. Before enrolling in one of these it is essential to read through their terms and conditions to make sure there are no catches or hidden agenda. Some sites insist that the person finish the course and make their first investments with the company. In which case, they will have an agreement, that needs to be accepted before entering the course. Be wary of those that make false promises that you will become rich overnight.

The Free online forex trading course should give the participant a full understanding of how the foreign exchange trade works. The history of the same and what is really means so that they get a good foundation and can get further learning on their own then they normally would. Also the details pertaining the various terms used, the trading hours, and how a trade can be made. The different styles of trading and the platforms available for a person to make their sale or purchase and why timing is an essential factor. If these areas are covered, then the person can practice on their own and understand the intricate details involved in this. How one should go about opening an account and what a mini account is are among other topics to be discussed. And if the person has any queries or doubts, they must be able to mail or contact the company or website to clarify any questions that they may have.

Only if a person is aware of the risk involved and the kind of losses that they could incur, will they be careful enough about the money they invest. They must also be educated on the factors causing fluctuations in the currency rates. And when someone registers with different free online forex trading programs they must check on whether it is a certified course or not. This will help them in situations where they want to pursue this as a business instead of just as an investor. Some of the websites go a little further in assisting their members, they provide periodical updates and quotes on a daily or weekly basis. This helps the members keep watch over the changes and understand how the system operates. If at the end of the course, the member has learnt something and is able to trade confidently, then the course has been definitely worth it.

Nick Schultz is a Forex Trading expert who recently developed an eCourse that details a step by step process for success Forex investing. If you are interested in learning more about his "9 Steps to Better Forex Investing" eCourse and learning how to make greater profits from your Forex Trading, please go here right now! : http://www.forexinvestingcourse.com