5 Reasons Trading Forex Is A Good Idea

Forex trading is not an easier way to make money compared to traditional investments such equities. However, Forex offers some pretty awesome characteristics that in recent years have made of it one of the most popular investments around the world. Just take a look:

Transparency: Just like stock markets, things have no double interpretation here. The price action is defined by a series of events, news and technical factors that are all out there. Your job is to put those pieces together and take the right positions.

Initial capital: Unlike other investment options out there, Forex let’s you kick-off your trading career with minimum capital requirements. That’s right, pretty cool. If you are looking at Fort Financial Services, then you can open a real account for as little as 5 USD. Not kidding. While your trading alternatives might be a bit narrowed, you would be able to taste emotions that are simply not available for demo traders. There are other account types that would set minimum deposit at 500 USD or 5.000 USD… It depends on the conditions, platforms, etc.

Leverage: So… if you open a real account with 5 USD on it, is that all you get to trade with? Nope. Say thank you to your leverage ratio. By using leverage, (50:1, 100:1, 200:1 or even 500:1) you multiply your capital and therefore, your opportunities. Leverage (of course) can go both sides, either you make lots of money or you lose it quite fast. Be aware of risks involved.

Accessibility: One of the great things about Forex trading is that you are not tied to a certain time-frame. Weekdays you can trade anytime basically, which is amazing if you are not a full-time investor. You can choose to trade on your free time, check on your investment online anytime by simply switching on your phone or computing. Forex is 24/5 available, which means profit opportunities go all around the clock.

Magnitude: The Forex market trading volume goes from 2 to 5 trillion dollars daily, which is considerably more than any other market in earth. That fact outlines two interest things. First, the incredible volatility that affects prices and allows you to take profit in numerous occasions. And second, in a market that big, institutions or central banks find it more difficult to influence quotes, which ultimately protects retail investors from unexpected ad hoc moves.