Currency Trading
Currency Trading
A market that attracts about $5.2 trillion in daily volume, recognized as world ‘s largest market, accessible globally 24 hours a day – that is exactly what the Currency market is made up of! Many financial institutions to individual investors, have currency needs, and may also speculate on the direction of a particular pair of currencies movement. They post their orders to buy and sell currencies on the network.
Benefits of
Currency Trading
24 hours of trading
The forex market is worldwide, so trading is continuous as long as there's a market open somewhere in the world. It is a 24 hrs market for 5 days.
Low brokerage
Brokerage & Commission cost in currency trading is very low.
High liquidity
It is the most liquid market in the world as there’s a lot of buyers & sellers. Transactions in the forex market are quick and easy.
Leverage
Leverage is when you trade in currency derivatives. You trade more money than what is available with you. You only have to pay a margin price of the traded value.
Hedging
Hedging helps you to reduce your losses. In currency trading, you can do simple hedging, complex hedging, multi-currency pair or forex option.