Explore the Business Benefits of the Foreign Exchange (Forex) Market!
A. Cost of Entry and Operation:
The modern day Forex market can actually be entered with as little as $200, one of the lowest requirements of any business. Certainly there are advantages to starting with more capital, but almost any motivated person can get involved.
Another significant cost of operation for any business is time. The Forex markets are open 24 hours per day, allowing you to choose your own schedule. Especially nice if youre already working at something else. This freedom to schedule allows you to have a Forex business on your terms, where so many business activities require you to operate on someone elses terms. You can own your own business, your business doesnt have to own you!
B. Transaction Costs:
A wonderful feature of the Forex market, especially for small business operator, is that there are NO commission charges. YES I said NO commission charges. While most markets charge for commissions in addition to a bid/ask spread, the Forex market only has the bid/ask spread, typically narrower than other markets.
C. Risk Factors:
When...