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By Lucrative
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Why should you invest in Forex? Years ago, only banks and financial institutions dealt with the foreign exchange market. Today we have the brokers that manage the Forex Market. Participating in it provides many advantages that must be taken into account for investment purposes. We do not intend to exhaust all the reasons why you should invest in Forex, but present some that we consider relevant.
Main Reasons
• Forex trading takes place 24 hours a day, 7 days a week, 30 days a month, 365 days a year, unlike the stock market. If you know how to trade, you can make money at all times, and make a fortune;
• Forex makes big gains from leverage (it’s as if $ 150.00 can be converted up to $ 30,000.00). With small deposits high profits can be obtained. In the example above, we have 200: 1 leverage: with a deposit of $ 150.00, the profit was $ 29,850.00. But the margins can be 50: 1, 100: 1, 150: 1 etc. Of course, losses can occur in the same proportion, that is why knowledge and information on how to negotiate are so important, as well as the control of emotions;
• Forex is based on seven major currencies. This greatly reduces the knowledge you need to acquire in order to start trading;
• Negotiations are online, can be done remotely and from your own home. Just have a simple computer connected to the Internet and ready;
• The platforms on which forex trading takes place are free. Just make your deposit and start trading;
• Forex trades are executed almost instantly. There is no waiting period. You trade directly, keeping full control of your money and the time involved in each transaction;
• The forex market has lower commission rates compared to the stock market;
• In forex you profit from bullish and bearish markets because trades are made in currency pairs. A currency is being bought with the expectation that it will appreciate. It means that if you buy USD/JPY, you are expecting the dollar to appreciate, but if you are selling the USD/JPY pair, you are expecting the JPY to appreciate;
• The forex market is very liquid. In it, trillions are traded every day. So if you study and dedicate yourself, you can be sure that you will make money daily on forex;
• Forex drives trade between countries so that by investing in that market, you will be supporting exports and/or imports from the country (ies) from which you bought and/or sold the currency, and boosting the world economy as a whole;
• Regarding investment, you don’t have to be rich to invest in forex. With a minimum investment, it is possible to earn good money;
• Forex trading is a fully learned skill, so anyone can learn to trade;
• You only need to spend 30 minutes a day on your trading strategy.
With this in mind, we realize that there are many reasons why you should invest in Forex. There is no reason to waste time. It’s a good opportunity for everyone!