Forex Features:
24-hour market - A trader may take advantage of the market around the clock. There is no waiting for the opening bell. We're open 5:00pm on Sunday through 4:30pm EST on Friday.
High liquidity - The Forex market has an average trading volume of over $2 trillion per day, making it the most liquid market in the world.
Low transaction cost - The retail commission on a Forex trade is as low as $0.00005 (x) currency value traded with no minimum charge.
Forex Market Nature - A trade in the Forex market involves selling or buying one currency against another. A bull market or a bear market for a currency is defined in terms of the outlook for its relative value against other currencies. If the outlook is positive, we have a bull market in which a trader profits by buying that currency against other currencies. Conversely, if the outlook is pessimistic, we have a bear market for that currency and traders may profit by selling the currency against other currencies.
Inter-bank market - The backbone of the Forex market consists of a global network of dealers. They are mainly major commercial banks that communicate and trade with one another and with their clients through electronic networks and telephones. There are no organized exchanges to serve as a central location to facilitate transactions the way the New York Stock Exchange serves the equity markets. The Forex market is referred to as an over the counter (OTC) market.
No one can corner the market - The Forex market is so vast and has so many participants that no single entity, not even a central bank, can control the market price for an extended period of time. As the market has grown even central bank interventions have become increasingly ineffectual and short lived as a tool for controlling the value of a particular currrency.
24-hour market - A trader may take advantage of the market around the clock. There is no waiting for the opening bell. We're open 5:00pm on Sunday through 4:30pm EST on Friday.
High liquidity - The Forex market has an average trading volume of over $2 trillion per day, making it the most liquid market in the world.
Low transaction cost - The retail commission on a Forex trade is as low as $0.00005 (x) currency value traded with no minimum charge.
Forex Market Nature - A trade in the Forex market involves selling or buying one currency against another. A bull market or a bear market for a currency is defined in terms of the outlook for its relative value against other currencies. If the outlook is positive, we have a bull market in which a trader profits by buying that currency against other currencies. Conversely, if the outlook is pessimistic, we have a bear market for that currency and traders may profit by selling the currency against other currencies.
Inter-bank market - The backbone of the Forex market consists of a global network of dealers. They are mainly major commercial banks that communicate and trade with one another and with their clients through electronic networks and telephones. There are no organized exchanges to serve as a central location to facilitate transactions the way the New York Stock Exchange serves the equity markets. The Forex market is referred to as an over the counter (OTC) market.
No one can corner the market - The Forex market is so vast and has so many participants that no single entity, not even a central bank, can control the market price for an extended period of time. As the market has grown even central bank interventions have become increasingly ineffectual and short lived as a tool for controlling the value of a particular currrency.
No comments:
Post a Comment