Forex Trading Strategy and Tips
Whether you are an individual investor who wants to start trading foreign currencies online or a money manager who wants to work with a quality forex trading firm, we have the answer.
You will have information on using an award-winning, online forex trading system which offers split-second trade executions from real time, streaming currency quotes.
Advantages of Trading Currencies
Day trading the foreign exchange (forex or fx) market has many advantages. Trading currencies is in many ways more advantageous than trading stocks or futures. Look at all the advantages below available to individual investors and traders:
1. 24-hour trading
The forex market is a true 24-hour market. This means that a currency trader can basically choose his/her own hours to trade.
2. Low minimum investment
Day trading currencies requires a lot less starting capital than day trading stocks. Thus, you could start out small in the currency market.
3. Free Forex Training
Our firm provides free, live training over the Internet to new customers. Learn how to trade currencies online.
4. Professionally Managed FX Accounts
A great opportunity for customers who don't have time to trade their own account or want to add diversification to their investment portfolios.
5. 100:1 Leverage
Forex trading offer much greater buying power than day trading stocks, which only offers 4:1 margin.
6. Small Trading Spreads - 3 Pips
Our traders enjoy small forex spreads as low as 3 pips, 24 hours a day.
7. Easier to trade
Traders need to concentrate on a few currencies only rather than on tens of thousands of stocks
8. Superior liquidity
The foreign currency exchange market is the largest financial market in the world. This results in fair prices and narrow spreads.
9. Free trading program with real-time charts and news
Free easy-to-use online forex trading system with streaming, real-time charts, news and commentary relevant to the currency market.
10. No commission or transaction fees
It is much more cost-efficient to trade FX in terms of both commissions and transaction fees.
11. Can make money in rising and falling markets
There are no restrictions to sell currencies short, unlike stocks which have to be sold short on an uptick rule. This means that as a forex trader you can make money just as easily in rising and falling markets.
12. Better for trading in after-hours than stocks
Stock liquidity is reduced after regular trading hours. Foreign exchange trading does not exhibit this problem because the currency market is open around the clock.
Forex Trading System
The forex trading system is intuitive and ergonomic. All trading functions can be performed from the main screen, including placing a trade, leaving an order, position and order management, and margin analysis. Mini Forex Account Mini forex accounts are usually opened by traders who are new to the forex market and do not have the funds to open a regular account. A forex mini account can be opened with as little as $250, whereas a regular account needs to be opened with $2,500 or more. To open a mini account with as little as $250 dollars.
Mini Forex Account