Why Trade Forex: Forex vs. Stocks
- With forex, there are dozens of currencies traded, but the majority of market players trade the seven major pairs.
- Most forex brokers are open from Sunday at 5:00 pm EST until Friday at 5:00 pm EST, with customer service usually available 24/7.
- Most forex brokers charge no commission or additional transaction fees to trade currencies online or over the phone.
- Higher Trading Volume and Liquidity
- Unlike the equity market, there is no restriction on short selling in the currency market.
- Minimal Market Manipulation
- Analysts and brokerage firms are less likely to influence the market
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