简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:It’s the fourth month of 2022 already and you haven’t started to trade forex? If you need some encouragement, we have the perfect five reasons that should be enough to get you involved
The barriers to entry into forex transactions are very low. In most cases, it is a leverage asset class that requires a low margin (deposit). Compared to gifts (forward contracts), the margin is small several times with a leverage of 1:100 or up to 1:20. If you use the most forex brokers, you can choose leverage on your own. Also, the forex market was created for large and small transactions. You can start with a few dollars or do millions of transactions. The currency pair is very flexible and is the largest part of the financial market.
Forex trading is provided by many online brokers around the world. You can open a transaction account in a few minutes. It is also very easy to bet on rising and falling prices. In stock trading, investing in falling prices is said to be a short sale. However, it cannot be compared to currency transactions because it does not lead to direct short sales. There are always two currencies in the currency pair. When you open a position, you invest in one or another currency, and when you close the position, you swap currency.
The biggest and most flexible part of the financial market.
Small or big investment.
Use leverage to generate more revenue.
Low transaction costs.
It is easily accessible through foreign exchange brokers.
All assets have advantages and disadvantages, and we want to emphasize this in forex trading. All traders also have strength and weakness. Some traders trade in the forex market, and some can enjoy it because they are shy away from it. As a beginner, you must first use a demo account to get a good feeling about the market.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Learn how Nonfarm Payrolls (NFP) reports impact Forex market movements, USD currency trends, and Federal Reserve interest rates, which are crucial for traders and financial analysts globally.
PayPal completes its first PYUSD business payment, showcasing the future of stablecoin adoption in global business transactions and cross-border payments.
This article explains the ins and outs of a cherry-picking scheme that happens widely in the financial markets. Understanding how cherry-picking works and spotting the warning signs can help traders protect themselves from these deceptive practices.
The Belgian Financial Services and Markets Authority (FSMA) has issued a public warning about a growing form of fraudulent activity known as "recovery room fraud." The FSMA has identified seven companies suspected of engaging in recovery room scams.