The Forex market has understandably become one of the most attractive and popular financial markets in the world. Operating around the clock via a decentralized network of central banks, investment institutions, hedge funds, and similar institutions, the Forex market allows traders to speculate on the movement of currency exchange rates. Players of the Forex tend to like these features most:
Round the clock actionthe Forex market constantly adjusts and is open 24 hours per day between Sunday and Friday afternoon.
Less problems with gap down (when price starts out lower than its previous ending price due to factors that occurred when the markets were closed)
Huge leverage (can get 1:100 margins)
High volume
Live trading (most traders are connected to the Forex market via an Internet platform that provides them with real time exchange rates)
Commission-free trades (but most brokers tend to get the difference between bid and ask price which tends to equal 3 to 5 tenths of a penny on most transactions)
While all of these are very attractive characteristics for any investor, the truth is that there are a lot of people who find...
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