The market is open 24 hours a day.
Unlike the stock market, it only trades between 9:30 a.m. and 3 p.m.
Therefore, the foreign exchange market is suitable for active traders.
Traders can trade according to their work and rest time.
At the same time, the 24-hour uninterrupted feature ensures the minimum market crack;
In other words, it rules out the possibility that the opening price is significantly higher or lower than the closing price.
In other words, because of the 24-hour market, it is impossible to open high and open low.
Low cost, no commission Very low cost, only a few bid-ask spreads.
Moreover, pure electronic markets further reduce transaction costs by allowing traders to trade directly with dealers, eliminating price costs and middleman costs.
Because the forex market offers 24-hour liquidity, traders get a narrow and competitive spread, making online forex trading a paradise for short-term traders.
Simple stock markets focus on thousands of stock types.
Currency markets only need to focus on a few pairs.
The trading volume of major currency pairs such as /, / USD and USD/accounts for 90% of the whole market.
Market Transparency The foreign exchange market is highly transparent.
Reputable brokers will provide traders with real-time updates and actionable quotes.
While stocks and futures are already traded online, the prices shown on online exchanges are only final trading prices, not executable prices.
In addition, online trading can ensure that all prices of traders are fair.
However, when buying or selling stocks and futures, a trader must first ask a broker to quote a price, which gives the broker the opportunity to view the trader’s position and manipulate the price on the trader’s position.
Foreign exchange is different from stocks because it is a two-way trade.
In other words, you can buy up or down.
As long as you choose the right direction to trade, you can make money.
In stock investing, short markets tend to last far longer than many markets.
It is not easy to control the right investment timing and opportunities.
Foreign exchange trading is best for Chinese investors due to the time difference.
The prime time for foreign exchange trading is between 8 p.m. and 12 p.m. Beijing time.
This period was the day of the European and American markets.
This is also the time when the market is most actively traded and changes the most.
During this period, Chinese investors have plenty of time to invest in foreign exchange trading. Small investments, low starting point. You can open an account and speculate in foreign exchange with a minimum investment of a few hundred dollars.
Successful investors can earn several times their investment income a year.
Objective, fair, open and transparent The foreign exchange market has an advanced and scientific online trading platform.
The market and the data are open, it’s the most transparent market.
Forex is a free and convenient way to invest. As long as you have a computer and an Internet connection, you can buy and sell by yourself anytime and anywhere.
It is suitable for young people who like to work independently.
Many people choose foreign exchange trading as a lifelong career.
Dedicated managers can also be found for software, websites and mobile transactions.
Trading strategies can be published at any time based on market conditions.
It’s very flexible.
Even if the direction is wrong, immediately stop the loss and hit the backhand.
The losses are limited and the profits are still huge.
There are many orders to choose from, such as price, price, stop loss, stop win, 2 option 1 and so on. Financial leverage trades use the principle of financial leverage to operate funds in the foreign exchange market by extending credit lines.
Currently, the maximum leverage of foreign exchange margin trading can be 400 times the principal, and a $400,000 trade can be completed with an investment of $1,000.
Margin trading is a double-edged sword.
If risk is not managed well, investors will have the same chance of profit and loss. They can trade foreign currencies on margin, which, by some estimates, a third of American billionaires are successful at.
For example: Soros, Buffett is the most classic foreign exchange speculation success legend, ranked among the richest in the world.
Foreign exchange trading is best suited to the needs of technical investors. Unlike stocks and futures investments, currencies move more regularly.
Technology can be used to analyze daily market trends.
And regularly released a large number of economic data, for investors to conduct fundamental analysis to provide convenience.
It is easier to understand trends in different countries than it is to analyse changes in companies on the stock market.
Today’s currency movements can be roughly analyzed based on what each country does on a daily basis.
The operations of a country are generally more stable than the operations of a company.
The Fed may step on the accelerator as global central bank resolutions come thick and fast.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
