Site Overlay

Trading Forex with Major Currencies

Forex means to exchange one currency for another, foreign currency exchange operation, FOReign EXchange. The foreign exchange market, which is usually known as FOREX or FX, is the largest financial market in the world. Nowadays over 85% of all money exchange deals are in the major currencies:

USD United States Dollar (87.0%)
EUR Euro (33.4%)
JPY Japanese Yen (23.0%)
GBP Pound Sterling (11.8%)
AUD Australian Dollar (8.6.%)
CHF Swiss Franc (5.2%)
CAD Canadian Dollar (4.6%)

Advantages of Forex Trading

There are many advantages of trading forex
compare to other financial forms:

Forex market never sleeps:
Open 24 hours a day, 5 days a week
Minimal or no commissions
Low transaction costs
Instant execution of market orders
Short-selling without any other
Flexible leverage
High liquidity
No only fixed lot size
Price certainty
Guaranteed limited risk
No middlemen
No market manipulation
No one can corner the market
Buy/sell programs do not control the market
Analysts and brokerage firms are less likely to influence the market

Copyright © 2023 BearTradingFx. All Rights Reserved. Privacy Policy | Catch Vogue by Catch Themes