A highly competitive market keeps brokerage low.
Futures/Options Currency trading allows clients to trade directly on Exchange platforms.
Lots or contract sizes are determined by the Exchanges.
The retail transaction cost (the bid/ask spread) is typically less than 0.1% under normal market conditions.
High liquidity and low bid/ask spreads lead to immediate trades.
Margins of 3-5% increase leverage options. These two factors increase the potential for making higher profits (or losses).
The advent of online (internet) trading platforms helps you to trade at your convenience from your home, office or on the go.
The Forex market is so vast and has so many participants that no single entity, not even a central bank, can control the market price for an extended period of time.
Due to the Forex market's size and non-centralised nature, there is virtually no chance for ill effects caused by insider trading. Fraud possibilities, at least against the system as a whole, are significantly fewer than for any other financial instruments.
SMEs/Corporate Advisory Desk at Ludhiana - Indo Pak International Expo 2013 from 15th – 18th February 2013 in Ludhiana, PunjabMore details