Why Forex Trading? (P1)

Here are the advantages of the Forex market, there are reasons why people choose to trade in this market:

1. No service fee: No exchange fees, no payment and no government fees, no brokerage fees. Brokers will be deducted from the cost of transactions through "bid-ask" (average 3-5 pips).


2. Direct transactions: Foreign exchange trading without intermediaries and allow customers to deal directly with the market and the updated information directly on prices and exchange rates of currency pairs.

3. Unlimited transactions: in other markets contracts are limited by certain percentage. In Forex, you can trade with $ 300.

4. Low transaction costs: transaction fees for small accounts (bid / ask spread) is only about 0.1% with the common conditions. Account the greater transaction costs lower.