5 Benefits of Forex Trading

1. 5 Benefits of Forex Trading Platinum Trading System Contact: +44 (0) 115 988 6272 Website: www.platinumtradingsystems.com

2. Index • Benefits of Forex Trading • 1. 24 Hour Market • 2. High Liquidity • 3. Low Transaction Cost • 4. Leverage • 5. Profit Potential from Rising and Falling Prices

3. benefits of Forex trading • The benefits of trading the foreign trading market such as a 24-hour market, high liquidity, leverage, low transaction costs, and the potential to profit from rising and falling prices are significant and keep the new traders coming into the market every month. • There are five things give trading the forex market some unique advantages.

5. 1. 24 Hour Market • The Forex Market is worldwide, trading is continuous as long as there is the market open somewhere in the world. • Trading starts when the markets open.

6. 2. High Liquidity • Liquidity is the ability of an asset to be converted into the cash quickly and without any price discount. • In Forex, it means we can move large amounts of money into and out of foreign currency with the minimal price movement.

7. 3. Low Transaction Cost • In Forex, the cost for a transaction is built into the price. • It is known as the spread. • The spread is the difference between the buying and selling price.

8. 4. Leverage • Forex Brokers allow traders to trade the market using leverage. • Leverage is the ability to trade extra money on the market than what is actually in the trader's account. • If you were to trade at 60:1 leverage, you could trade $60 on the market for every $1 that was in your account. • It means you could control a trade of $60,000 using only $1000 of capital.

9. 5. Profit Potential from Rising and Falling Prices • The Forex market has no restrictions on directional trading. • This means if you think a currency pair is going to increase in value; you can buy it, or go long. • Similarly, if you think that it could decrease in value, you can sell it, or go short.

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